Prime CMX-2 mixed-use development opportunity in one of Philadelphias fastest-growing corridors. 2128 Ridge Ave is a 2,431 SQ FT vacant lot offering exceptional potential for investors, builders, and developers looking to capitalize on the continued growth of the Ridge Avenue corridor. The property allows for 6 residential units by right plus ground-floor commercial space, creating an ideal setup for a modern mixed-use multifamily project. The surrounding area has seen significant new construction and redevelopment activity, with nearby luxury apartments and newly built homes commanding strong rental rates. Strategically located directly across the street from a bank, grocery store, and health clinic/facility, the property benefits from strong daily foot traffic and neighborhood Property Highlights: CMX-2 zoning 6 residential units by right Ground-floor commercial potential Lot size: 2,431 SQ FT Prime Ridge Ave frontage 1 mile radius includes temple university, rocky steps, art museum, The Liacouras Center, The Met Philadelphia Strong redevelopment corridor Surrounded by new construction projects Excellent long-term appreciation potential Ideal for multifamily or mixed-use development Close to transit, Center City, Temple University, and major roadways This property is well suited for developers seeking: Mixed-use multifamily projects Apartment development Buy-and-hold rental investments Commercial + residential income opportunities Long-term appreciation in a high-growth neighborhood The area continues to attract both investors and owner-occupants due to ongoing revitalization, strong rental demand, and continued residential and commercial development throughout the corridor. Owner selling directly. Serious inquiries only.
Sharswood, located between Girard Avenue and Cecil B. Moore Avenue, is a residential and civic Philadelphia neighborhood with brick rowhomes and pocket parks. The neighborhood’s character concentrates around Ridge Avenue near Cecil B. Moore Avenue, where corner storefronts, murals, and community institutions set a steady street rhythm. The Dell Music Center anchors warm-weather nights with outdoor concerts in a wooded amphitheater. The Tanner House and the historic Ridge Avenue corridor add a sense of long-running neighborhood memory. Blocks of traditional Philadelphia rowhouse architecture mix with newer infill, shaping a streetscape built for walking and daily errands. Broad Street’s subway stations frame the eastern edge for car-light commuting.
Provided by Walk Score and Local Logic
Market insights
2128 Ridge Ave · $275,000
DAYS ON MARKET
89 days
The average home goes pending in 35 days.
SALE-TO-LIST
99.4%
Most homes are selling 1% below list price.
LIST PRICE
$275,000
Median sale price in this area is $433,847. (58% higher than this home)
PRICE DROP
0 price drops
21% of homes in this area have had a price drop in the past month.
Property details
Exterior
Lot Information
Lot Size: 1864
Property Information
Property Type: Land
Public facts
Beds: —
Baths: —
Finished Sq. Ft.: 2,700
Unfinished Sq. Ft.: 0
Total Sq. Ft.: 2,700
Stories: 3.0
Lot Size: 1,864 square feet
Style: Single Family Residential
Year Built: 1915
Year Renovated: —
County: Philadelphia County
APN: 871538730
Home facts updated by county records on Apr 11, 2023
Sale and tax history for 2128 Ridge Ave
Sale History
Tax History
Date
Event
Price
ForSaleByOwner.com #24409685
Jun 4, 2026
Listed
$275,000
Year
Property tax
Land + Additions
Assessment*
2018
$2,084 (+42.2%)
$29,780 + $119,120
$148,900
2017
$1,466 (+4.4%)
$13,926 + $90,874
$104,800
2015
$1,404
$13,926 + $90,874
$104,800
2014
$1,404 (+186.0%)
$13,926 + $90,874
$104,800
2013
$491 (+3.6%)
$1,625 + $3,399
$5,024
2012
$474 (+3.9%)
$1,625 + $3,399
$5,024
2011
$456 (+9.9%)
$1,625 + $3,399
$5,024
2010
$415
$1,625 + $3,399
$5,024
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
3
Lot width
20 ft.
Lot depth
91 ft.
Lot size
1,864 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
2,700
Unfinished Sq. Ft.
0
Total Sq. Ft.
2,700
Year built
1915
Style
Single Family Residential
County
Philadelphia County
APN
871538730
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Apr 11, 2023.
CMX-2
VDO - BREWERYTOWN/SHARSWOOD-CELESTIAL
/VDO
/NIS
Neighborhood Commercial Mixed-Use-2 District
The CMX-2, Neighborhood Commercial Mixed-Use district is primarily intended to accommodate active commercial and mixed-use development, including neighborhood-serving retail and service uses. The range of allowed uses is broader than the CMX-1 district
Zone overlays
Fifth District Overlay District
Narcotics Injection Sites Overlay District
Permitted uses
Include but are not limited to:
Day care facility
General retail
Restaurant
Hospital / medical center
Housing-Single unit
Housing-Multiple units
Housing-Senior
Industrial
Office
Research & development
Mar 25, 2024 • Final
Demolition
Perform a complete demolition of an existing three-story attached masonry structure using hand tools only. Remove foundations and slabs, backfill the site, and treat newly exposed walls. Maintain pedestrian protection and structural stability inspections for adjacent structures throughout the process.
Demolition
Nov 17, 2023 • Final
Plumbing
Seal the sewer lateral for a demolition project.
Plumbing
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.
Historical weather
Philadelphia, PA • 19121
Average low and high temperatures (°F)
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30
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Sun exposure
In this area, properties receive around 9 hours in
June and 4.3 hours in December, placing it below the
U.S. average for solar exposure.
9 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2128 Ridge Ave
$264,690
$10K under list price of $275K
Nearby comparable homes
The Redfin Estimate uses 4 recent nearby sales, priced between $130K to $400K.