Excellent investment opportunity in South Philadelphia! This fully occupied 5-unit apartment building features five efficiency-style studio apartments and an active 5-unit rental license. The property offers a strong in-place income stream and an attractive basis for an investor seeking a stabilized, income-producing asset. Each unit is currently occupied, providing immediate rental income from day one. The property also features shared laundry with a washer and dryer located in the basement. Conveniently located in South Philadelphia with easy access to Broad Street, major roadways, public transportation, shopping, dining, and neighborhood amenities.
Multi-familyProperty Type
1920Year Built
960 sq ftLot Size
$298Price/Sq.Ft.
Listed by Jonathan Carrozza• Long & Foster Real Estate, Inc.
Girard Estate, located between Passyunk Avenue and Oregon Avenue, is a residential and historic Philadelphia neighborhood with brick rowhomes and a leafy park core. The neighborhood’s character concentrates around the Girard Park oval at 21st Street and Shunk Street, where stoops face green lawns and dog walkers circle the paths. Early-20th-century homes with front porches and tidy setbacks give the blocks a cohesive, village-like rhythm. Stina Pizzeria anchors weeknight dining, while nearby Taproom on 19th adds a low-key barroom counterpoint. The Singing Fountain at Passyunk Avenue and Tasker Street marks the edge of the area’s café-and-bistro corridor. Broad Street’s subway stations frame commutes, and FDR Park opens up big-sky recreation to the south.
Provided by Walk Score and Local Logic
Offer insights
1421 W Ritner St · $569,000
$569K and above
75% chance or better to win
Why $569K+ is a strong offer
DAYS ON MARKET
28 days
The average home goes pending in 147 days.
SALE-TO-LIST
94.1%
Most homes are selling 6% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bedroom
Living
Interior features
Level entry to main floor
Unfinished basement
Bedrooms
Five single-room units (multi-unit property)
Flooring
Carpet
Ceramic tile
Hardwood
Laminated
Heating & cooling
Baseboard electric heating
Window units for cooling
Exterior features
16 x 60 lot dimensions
Above-grade and below-grade structures
Home design
Interior townhouse/rowhouse
Three levels
Fee simple ownership
Average condition
Parking
On-street parking
Construction
Brick and masonry construction
Brick/mortar foundation
Flat roof
Utilities
Public water
No septic system
Natural gas available
Electric available
100 amp electric service
Hot water: natural gas
Financial info
Existing leases are yearly
All five units currently leased
Total actual rent reported: $63,300
Electricity and solar
View estimated energy costs and solar savings for this home
The RSA, Residential Single-Family Attached districts are primarily intended to accommodate attached and semi-detached houses on individual lots, but may be applied in areas characterized by a mix of housing types, including detached houses. The districts are also intended to provide a density transition between RSD districts and RM districts. The Zoning Code includes five RSA districts that are differentiated primarily on the basis of minimum lot area requirements.
Zone overlays
Narcotics Injection Sites Overlay District
Permitted uses
Include but are not limited to:
Assembly / meeting place
Garden center
Housing-Single unit
Fire house
Police station
Recreation-Other
Jul 15, 2026 • Active
Electrical
Replace a stove outlet and install a new dedicated electrical circuit.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 103° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Philadelphia, PA • 19145
Average low and high temperatures (°F)
37
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40
67
48
74
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89
73
82
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80
65
69
53
57
43
43
30
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Feb
Mar
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Sun exposure
42/ 100
Low sunlight
Sunscore
There appears to be significant shading by surrounding buildings, terrain, and vegetation.
5.1 hrs
2.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1421 W Ritner St
$561,674
$7,326 under list price of $569K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $400K to $769K.