15 W Ridley Avenue, Ridley Park, PA 19078 - Photo 1

1/1

$535,000

Sold
Closed
Apartment

1/1

Property Description

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

Full Property Details for 15 W Ridley Ave

General

Sold For: $535,000
Taxes: $12,080 (2024)
Status: Closed
Type: Apartment
Source: BrightMLSPhilly
MLS ID: PADE2089812
Added to Site: 277 day(s) ago

Business

Business Type: Apartment Building

Parking

Total Spaces: 2
Parking Features: Private
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

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

Construction: Aluminum Siding
Foundation: Stone
Stories/Levels: 0
Year Built: 1900
Year Built Source: Estimated

Unit Information

# Tenants: Multiple
Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3

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: Estimated
Lot Dimensions: 88.00 x 120.00
Zoning: RES

Financial Considerations

Price Per Sq. Ft.: $171.23
Operating Expenses: $5,200
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
Owner Pays: Gas, Heat, Insurance, Sewer, Water
Landlord Pays: Gas, Heat, Insurance, Sewer, Water

Disclosures and Reports

Ownership: Fee Simple
Exclusions: 3rd Fl Unit Refrig (Tenants) And All Tenants Personal Possessions
Investment: Yes
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

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Listing agents

— 15 W Ridley Ave —

John J Gauntlett IV

KW Empower
Javon Monique Palmer

KW Empower

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Schools

Schools serving 15 W Ridley Ave

School District:Ridley School District

Name	Grades	Distance
Lakeview El School 333 Constitution Ave, Ridley Park, PA 19078	K-5	0.2 mi
Ridley Middle School 400 Free Street, Ridley Park, PA 19078	6-8	0.2 mi
Ridley High School 901 Morton Avenue, Folsom, PA 19033	9-12	1 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

5/19/2025

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.

1009 Morton Ave, Folsom, PA 19033 - Photo 1

Just Listed

$399,000

Open House

1009 Morton Ave Folsom, PA 19033

Single Family
Active
Updated 2 hours ago

3
Beds
3
Total Baths
1,392
Sq. Ft.

Listed by Shaina Levin (215) 840-7500

1226 Redwood Ave, Folsom, PA 19033 - Photo 1

Just Listed

$374,900

1226 Redwood Ave Folsom, PA 19033

Single Family
Active
Updated 2 days ago

3
Beds
2
Total Baths
1,647
Sq. Ft.

Listed by Century 21 The Real Estate Store, Maria A McAnulty

428 Hazel Ave, Folsom, PA 19033 - Photo 1

Just Listed

$272,900

428 Hazel Ave Folsom, PA 19033

Single Family
Active
Updated 3 days ago

3
Beds
2
Total Baths
986
Sq. Ft.

Listed by Elfant Wissahickon-Mt Airy, Mary Jo Potts

1401 Chester Pike, Crum Lynne, PA 19022 - Photo 1

Just Listed

$1,295

1401 Chester Pike Crum Lynne, PA 19022

Commercial Lease
Active

Listed by RE/MAX Preferred - Newtown Square, Evans C Zografakis

1002 11th Ave, Folsom, PA 19033 - Photo 1

Price Reduced

-$50,000 (-6.45%)

$725,000

1002 11th Ave Folsom, PA 19033

Single Family
Active
Updated 5 days ago

5
Beds
4
Total Baths
3,329
Sq. Ft.

Listed by RE/MAX Preferred - Newtown Square, Philip Winicov

330 Fairview, Crum Lynne, PA 19022 - Photo 1

Price Reduced

-$5,000 (-2%)

$245,000

330 Fairview Crum Lynne, PA 19022

Single Family
Active
Updated 6 days ago

3
Beds
2
Total Baths
1,584
Sq. Ft.

Listed by JMG Pennsylvania, Yukiko Ito

1212 Leiper St, Crum Lynne, PA 19022 - Photo 1

Price Reduced

-$5,000 (-1.61%)

$305,000

1212 Leiper St Crum Lynne, PA 19022

Townhouse
Active
Updated 3 days ago

4
Beds
2
Total Baths
1,628
Sq. Ft.

Listed by EXP Realty, LLC, Nicholas Scarboro

720 Kedron Ave, Morton, PA 19070 - Photo 1

720 Kedron Ave Morton, PA 19070

Single Family
Active
Updated 2 days ago

4
Beds
4
Total Baths
3,379
Sq. Ft.

Listed by Jennifer O'Doherty (610) 952-4180

15 W Ridley Avenue, Ridley Park, PA 19078 (MLS# PADE2089812) is a Apartment 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 Apartment 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.

15 W Ridley Ave Ridley Park, PA 19078