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$535,000

  • Sold
  • Closed
  • Multi-Family
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Tucked into one of the most desirable suburban neighborhoods, this beautifully maintained five-unit property offers both timeless character and reliable income-an ideal combination for any investor. Located on a quiet, tree-lined street surrounded by well-kept homes and a welcoming community, it blends residential charm with strong investment fundamentals. Set on a generous and well-kept piece of land, the property features classic curb appeal along with the potential for two dedicated parking spots-an added convenience for tenants and a valuable perk for long-term ownership. Inside, the building is well taken care of, with clean, well-lit common hallways and original wood handrails that bring warmth and historic charm to the space. The unit mix includes two spacious two-bedroom apartments, one one-bedroom unit, and two studios-each self-contained and thoughtfully updated to attract quality tenants. A shared community basement offers convenient on-site laundry and additional storage, further enhancing the tenant experience. With all units currently leased and generating approximately $66,600 in annual rental income, this is a true turnkey investment offering immediate cash flow. Its unbeatable location near parks, schools, shopping, and major commuter routes makes it an incredibly rare opportunity in a high-demand area-perfect for investors seeking a low-maintenance property with long-term value.

Full Property Details for 15 W Ridley Ave

General

  • Sold For: $535,000
  • Taxes: $12,080 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: BrightMLSPhilly
  • MLS ID: PADE2089012
  • Added to Site: 300 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s)

Parking

  • Total Spaces: 2
  • Parking Features: Gravel Driveway
  • Parking Type: Driveway

Location

  • Area: Ridley Park Boro (10437)
  • Municipality: RIDLEY PARK BORO
  • County: Delaware
  • Cross Streets: Swarthmore Ave
  • Driving Directions: Take I-95 South to Exit 8 (Stewart Ave), turn right on Chester Pike, then left on W Ridley Ave to reach 15 W Ridley Ave

School Information

  • School District: Ridley

Heating & Cooling

  • Cooling Type: None
  • Cooling Fuel: Electric
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Natural Gas Available

Structural Information

  • Architectural Info: Other
  • Architectural Style: Other
  • Structure Type: Detached
  • Construction: Aluminum Siding
  • Basement: Yes
  • Basement Desc.: Full
  • Foundation: Stone
  • Stories/Levels: 0
  • Square Feet: 3,504
  • Sq. Ft. Source: Assessor
  • Living Area: 3,504 Sq. Ft.
  • Finished Above Grnd: 3,504 Sq. Ft.
  • Year Built: 1900
  • Year Built Source: Estimated

Unit Information

  • Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3
  • 1 Bedroom Units: 1
  • 2 Bedroom Units: 2

Unit 1

  • Unit Description: Unit 2

Unit 2

  • Unit Description: Unit 3
  • Bedrooms: 1

Unit 3

  • Unit Description: Unit 4

Unit 4

  • Unit Description: Unit 5
  • Bedrooms: 2

Unit 5

  • Unit Description: Unit 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.19
  • Lot Size (Sq. Ft.): 8,276
  • Lot Size Source: Assessor
  • Lot Dimensions: 88.00 x 120.00
  • Zoning: RES

Financial Considerations

  • Price Per Sq. Ft.: $171.23
  • Assessment Year: 2025
  • School Tax: $8,814
  • City/TownTax: $2,046
  • City/TownTax Freq: Annually
  • County Tax: $1,219
  • County Tax Freq: Annually
  • Tax w/Assessment: $314,910
  • Tax Amount: $12,080
  • Tax Year: 2024
  • Terms: Standard Sale
  • Owner Pays: Gas, Heat, Sewer
  • Landlord Pays: Gas, Heat, Sewer
  • Tax Total Finished Sq. Ft.: 3504

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: 3rd Fl Unit Refrig (Tenants) And All Tenants Personal Possessions
  • Lot Number: 342-000

Listed by KW Empower, John J Gauntlett IV and KW Empower, Javon Monique Palmer
Sold by RE/MAX Classic, William Holder and RE/MAX Classic, Kirk Bazile

Listing agents

— 15 W Ridley Ave —

  • John J Gauntlett IV

    KW Empower

  • Javon Monique Palmer

    KW Empower

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 15 W Ridley Ave

School District:Ridley School District
NameGradesDistance
Lakeview El School
333 Constitution Ave, Ridley Park, PA 19078
K-50.2 mi
Ridley Middle School
400 Free Street, Ridley Park, PA 19078
6-80.2 mi
Ridley High School
901 Morton Avenue, Folsom, PA 19033
9-121 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 15 W Ridley Ave

Date
Details
Price
Change
Source
7/25/2025
Sold
$535,000
-10.83%
MLS
5/03/2025
Listed
$600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by KW Empower, John J Gauntlett IV and KW Empower, Javon Monique Palmer
Sold by RE/MAX Classic, William Holder and RE/MAX Classic, Kirk Bazile

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15 W Ridley Avenue, Ridley Park, PA 19078 (MLS# PADE2089012) is a Multi-Family property that was sold at $535,000 on July 25, 2025. Want to learn more about 15 W Ridley Avenue? Do you have questions about finding other Multi-Family real estate for sale in Ridley Park? You can browse all Ridley Park real estate or contact a Coldwell Banker agent to request more information.