Welcome to this beautifully updated two-bedroom, one-bath residence in the highly sought-after Francisville neighborhood. Offering a fantastic combination of modern finishes, comfortable living space, and low-maintenance ownership, this home is perfect for a first-time buyer, investor, or anyone looking to enjoy all that Philadelphia has to offer. The open-concept living area features gorgeous hardwood flooring and plenty of space for relaxing or entertaining. The modern kitchen is equipped with espresso flat-panel cabinetry, crisp white quartz countertops, a gray subway tile backsplash, stainless steel appliances, and a center island with seating. Both bedrooms are generously sized and feature neutral carpeting and ample closet space. The bedrooms share a full bathroom with tile flooring and a tub/shower combination with a tiled surround. An in-unit washer and dryer add even more convenience. A valuable tax abatement is in place through 2027, providing significant savings for the new owner. Located just minutes from The Met, Bar Hygge, Rybread, Osteria, public transportation, parks, Temple University, and countless other neighborhood favorites. Whether you're searching for a home under $300,000, looking to expand your investment portfolio, or seeking a low-maintenance property in one of Philadelphia's rapidly growing neighborhoods, this Francisville gem checks all the boxes.
CondoProperty Type
2017Year Built
$297Price/Sq.Ft.
$285/moHOA Dues
Listed by Shane Holcomb• BHHS Fox & Roach-Art Museum
Francisville, located between Fairmount Avenue and Girard Avenue, is a residential and artsy Philadelphia neighborhood with a rowhouse streetscape and a pocket-park feel. The neighborhood’s character concentrates around Ridge Avenue near Fairmount Avenue, where corner cafes, small studios, and low-key bars set a steady, conversational pace. Community pillars include the Divine Lorraine Hotel’s landmark silhouette, the Metropolitan Opera House’s grand facade, and the Francisville Playground as a daily gathering green. Brick twins and newer infill sit side by side on tight blocks, with stoops and tree pits shaping the street scene. Broad Street’s transit spine frames the east edge, while Ridge Avenue angles through with a slightly off-grid energy.
Provided by Walk Score and Local Logic
Offer insights
1608 Ridge Ave #302 · $285,000
$285K and above
75% chance or better to win
Why $285K+ is a strong offer
DAYS ON MARKET
40 days
The average home goes pending in 84 days.
SALE-TO-LIST
96.5%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Condominium in excellent condition
Unit has one floor
Not in a federal flood zone
No basement
Bedrooms
Two bedrooms on the main level
Bathrooms
One full bathroom on the main level
Laundry & utility
Washer and dryer in the unit
Washer/dryer hookups available
Heating & cooling
Forced air heating
Natural gas heating and hot water
Central air conditioning (electric)
Exterior features
Lot dimensions approximately 19 x 70
Tidal water not present
Above-grade and below-grade structures noted
Home design
Mid-rise unit (5–8 floors)
Unit/flat structure type
Entry level: 3rd floor
Two total units in the building
Construction listed as masonry
Construction not completed (per listing data)
Pets allowed (cats and dogs permitted)
Parking
On-street parking
Construction
Masonry construction
Utilities
Public water
Public sewer
HOA & community
Monthly HOA/condo fee of $285
HOA fee covers exterior building maintenance, management, and common area maintenance
Electricity and solar
View estimated energy costs and solar savings for this home
The CMX-2.5, Neighborhood Commercial Mixed-Use district is primarily intended to accommodate active commercial and mixed-use development, including pedestrian-friendly retail and service uses in commercial nodes and along commercial corridors. The range of allowed uses is slightly narrower than the CMX-2 district and the development standards are intended to promote a pedestrian-oriented environment.
Zone overlays
Fifth District Overlay District
Narcotics Injection Sites Overlay District
Permitted uses
Include but are not limited to:
Bank
Day care facility
General retail
Hospital / medical center
Housing-Single unit
Housing-Multiple units
Housing-Senior
Office
Research & development
Library
Historical weather
Philadelphia, PA • 19130
Average low and high temperatures (°F)
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40
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80
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70
51
57
42
43
30
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Feb
Mar
Apr
May
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Aug
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Sun exposure
75/ 100
Good sunlight
Sunscore
This home ranks in the top 25% for direct sun exposure in Philadelphia. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.8 hrs
3.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1608 Ridge Ave #302
$280,010
$4,990 under list price of $285K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $230K to $515K.