Rare opportunity to acquire a substantial, fully occupiedmixed-use investment property in the heart of East Falls. Located at 4225-37 Ridge Avenue, this impressive building consists of 10 residential apartment units and 5 commercial spaces, offering a diversified and established income stream in one of Philadelphia’s most desirable and well-connected neighborhoods. The property is currently 100% occupied and generates just under $21,000 per month in gross rental income, providing immediate cash flow from day one. The combination of residential and commercial tenants creates a strong mixed-use investment with multiple sources of revenue under one roof. Prominently positioned along Ridge Avenue, the property benefits from excellent visibility, accessibility, and proximity to the shops, restaurants, businesses, and neighborhood amenities that continue to make East Falls an attractive place to live and work. The location also provides convenient access to Center City, Kelly Drive, major highways, public transportation, and nearby universities and employment centers. With 15 total income-producing units, full occupancy, and nearly $252,000 in annual gross rental income, 4225-37 Ridge Avenue presents a compelling opportunity for an investor looking to acquire a sizable, stabilized mixed-use asset in a strong Philadelphia location. Showings and additional financial information available upon request.
East Falls, located between Manayunk and Fairmount, is a riverside and residential Philadelphia neighborhood with a Schuylkill River trail edge and a compact main-street strip. The neighborhood’s character concentrates around Ridge Avenue near Midvale Avenue, where corner cafes, longtime pubs, and small storefronts set a steady, lived-in rhythm. Community pillars include Trolley Car Cafe, In Riva, and Laurel Hill Cemetery’s cultural grounds. Stone twins and porch-front rowhomes mix with converted mills along the water. Kelly Drive and the Schuylkill River Trail frame daily walks and bike commutes. SEPTA’s East Falls station and nearby Wissahickon crossings tie the neighborhood to Center City and the park system.
Provided by Walk Score and Local Logic
Market insights
4225-4237 Ridge Ave · $2,500,000
DAYS ON MARKET
3 days
The average home goes pending in 77 days.
SALE-TO-LIST
94.0%
Most homes are selling 6% below list price.
LIST PRICE
$2,500,000
Median list price in this area is $310,000. (88% lower than this home)
PRICE DROP
0 price drops
55% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Estimated living area
Bedrooms
Five single-room units
Ten one-bedroom units
Heating & cooling
Heat pump heating
Ductless/mini‑split cooling
Heating fuel: electric and natural gas
Natural gas hot water
Exterior features
L-shaped building footprint
Total frontage approximately 109 feet
Lot dimensions reported as 33 x 74 and 76 x 47
No tidal water
Home design
Masonry construction
Three total units (building contains multiple rental units)
Construction
Masonry construction
Above-grade other structures noted
Utilities
Public water
Public sewer
Financial info
Property owned fee simple
Triple net yearly existing lease(s) reported
Income sources include apartment rentals and shop rentals
One vacant unit and fourteen leased units
Other
Land and improvement assessed values reported
Ground rent paid annually
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
Fourth District Overlay - Fourth District Area
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 • 19129
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Sun exposure
In this area, properties receive around 8.9 hours in
June and 4.3 hours in December, placing it below the
U.S. average for solar exposure.
8.9 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4225-4237 Ridge Ave
$2,282,471
$218K under list price of $2.50M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $765K to $1.4M.