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$975,000
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Property Description
Welcome to 1642-44 Ridge Avenue, a rare mixed-use gem located in the heart of Francisville. This expansive CMX-2.5 zoned property offers endless potential for investors, developers, or owner-occupants looking to capitalize on one of Philadelphia's most rapidly growing neighborhoods. Spanning a 40' x 100' lot with rear alley access, the property features a beautifully updated upper-level residence with 3 spacious bedrooms, 2 full bathrooms, and a large eat-in kitchen with ample cabinetry. The living space is warm and inviting, highlighted by hardwood floors and a charming wood-burning fireplace. Downstairs, the commercial space has been partially finished with new drywall, recessed lighting, and a clean-out of the full basement, offering the perfect canvas for a retail storefront, office, studio, or additional rental income. The property's size, location, and flexible zoning make it an ideal candidate for expansion, multi-family redevelopment, or a live-work setup. Situated just blocks from Fairmount Avenue, Girard College, and all the new construction along Ridge Avenue, this is a prime opportunity to own a high-visibility, income-generating asset in a thriving corridor. Don't miss your chance to invest in the future of Francisville.
Full Property Details
Full Property Details for 1642 Ridge Ave
General
- Price: $975,000
- Taxes: $7,788 (2025)
- Status: Active
- Type: Warehouse
- Source: BrightMLSPhilly
- MLS ID: PAPH2554048
- Updated: 3/6/2026
- Added to Site: 130 day(s) ago
Business
- Business Type: Auto Related, Banquet Facility/Lodge, Convenience St
Parking
- Parking Type: Other
Location
- Area: 19130 (19130)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: FRANCISVILLE
- Driving Directions: Use GPS
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Mixed
- Roof: Rubber
- Year Built: 1920
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 3,960
- Lot Size Source: Assessor
- Lot Dimensions: 40.00 x 99.00
- Zoning: CMX25
Financial Considerations
- Assessment Year: 2025
- School Tax: $4,361
- City/TownTax: $3,426
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $556,400
- Tax Amount: $7,788
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Seller's personal property
- Lot Number: 218
Listed by Keller Williams Realty - Moorestown, Marques Brooks
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Schools
Schools serving 1642 Ridge Ave
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Waring Laura W School 1801 Green Street, Philadelphia, PA 19130 | K-8 | 0.4 mi |
Franklin Benjamin High School 550 North Broad Street, Philadelphia, PA 19130 | 12-11 | 0.5 mi |
Vaux HS: A Big Picture School 2300 Master Street, Philadelphia, PA 19121 | 12- | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1642 Ridge Ave
Date
Details
Price
Change
Source
2/08/2026
Price Reduced
$975,000
-4.88%
MLS
1/12/2026
Price Reduced
$1,025,000
-6.82%
MLS
10/31/2025
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1642 Ridge Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,389
—
$556,400
—
2024
$6,389
1%
$556,400
5%
2023
$6,333
230%
$532,400
100%
2021
$1,921
-78%
-100%
2023
$8,883
248%
$669,600
268%
2020
$2,550
1%
$182,200
1%
2019
$2,525
-64%
$180,400
-64%
2018
$7,103
206%
$507,400
206%
2017
$2,318
22%
$165,600
—
2016
$1,898
-14%
$165,600
—
2015
$2,219
—
$165,600
—
2014
$2,219
42%
$165,600
935%
2013
$1,563
—
$16,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1642 Ridge Ave
1642 Ridge Avenue, Philadelphia, PA 19130 (MLS# PAPH2554048) is a Warehouse property. 1642 Ridge Avenue is currently listed for $975,000 and was received on October 31, 2025. Want to learn more about 1642 Ridge Avenue? Do you have questions about finding other Warehouse real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

