Attention Investors! 4855 Ridge in a turnkey rent and hold investment. Good solid tenant wants to stay, they are paying below market $ 1,650 a month. Property has a 7% cap rate at that rent. Market rent is $ 2,100 which would take cap rate to 12%! Moderate yearly increases could get you to market rent in 3 years but would only take 1 year to get to 10% cap rate! Located in sought after East Falls, This 3 Br. 1Ba is in close proximity to Manayunk and the Schuykill River Trail. The property offers a wonderful flow on the 1st level with a large family room, nice dining room, and kitchen. The 2nd level features 3 bedrooms, an updated bath, and a covered deck backing to woods. Newer Heater, main sewer line and basement waterproofing system. Tenant is on month to month lease. Current Tenant interested in extending lease. Close commute to/from colleges/universities (Phila. Univ, Temple, PCOM, St. Joe's, Drexel, PENN, Wharton School of Business, Lasalle, Univ of the Sciences, Univ of the Arts, Moore College, Pierce College).
For sale
$239,900
4855 Ridge Ave, Philadelphia, PA 19129
3beds
1,182sqft
Est.:
Townhouse
Built in 1930
978 Square Feet Lot
$235,900 Zestimate®
$203/sqft
$-- HOA
What's special
Large family roomNice dining roomNewer heaterUpdated bath
- 22 hours |
- 169 |
- 7 |
Zillow last checked: 8 hours ago
Listing updated: 19 hours ago
Listed by:
Edward McDonald 215-442-9388,
Re/Max One Realty (215) 961-6003
Source: Bright MLS,MLS#: PAPH2580954
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
Bedroom 1
- Level: Upper
- Area: 169 Square Feet
- Dimensions: 13 X 13
Bedroom 2
- Level: Upper
- Area: 120 Square Feet
- Dimensions: 10 X 12
Bedroom 3
- Level: Upper
- Area: 80 Square Feet
- Dimensions: 8 X 10
Dining room
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10 X 11
Kitchen
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11 X 10
Living room
- Level: Main
- Area: 280 Square Feet
- Dimensions: 14 X 20
Heating
- Forced Air, Natural Gas
Cooling
- Window Unit(s), Electric
Appliances
- Included: Gas Water Heater
Features
- Basement: Sump Pump,Water Proofing System
- Has fireplace: No
Interior area
- Total structure area: 1,182
- Total interior livable area: 1,182 sqft
- Finished area above ground: 1,182
- Finished area below ground: 0
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio, Porch
- Exterior features: Lighting, Flood Lights, Sidewalks
- Pool features: None
- Has view: Yes
- View description: City
Lot
- Size: 978 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 213191400
- Zoning: RSA5
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Other
- Property subtype: Townhouse
Materials
- Masonry
- Foundation: Stone
- Roof: Flat
Condition
- Average
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: East Falls
HOA
- Has HOA: No
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $203/sqft
- Tax assessed value: $163,800
- Annual tax amount: $2,293
- Date on market: 2/7/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,Cash
- Ownership: Fee Simple
Estimated market value
$235,900
$224,000 - $248,000
$2,360/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/7/2026 | Listed for sale | $239,900+60%$203/sqft |
Source:  Bright MLS #PAPH2580954 Report a problem | ||
| 1/28/2014 | Listing removed | $149,900$127/sqft |
Source: BlueSquare Realty Group Report a problem | ||
| 12/14/2013 | Price change | $149,900+3.4%$127/sqft |
Source: BlueSquare Realty Group Report a problem | ||
| 10/30/2013 | Price change | $145,000-1.7%$123/sqft |
Source: CENTURY 21 Alliance #6299935 Report a problem | ||
| 8/10/2013 | Price change | $147,500-4.8%$125/sqft |
Source: CENTURY 21 Alliance #6222345 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,466 +18% | $247,600 +18% |
| 2024 | $2,937 | $209,800 |
| 2023 | $2,937 +28.1% | $209,800 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,202/mo
Principal & interest
$930
Property taxes
$188
Home insurance
$84
Climate risks
Neighborhood: East Falls
Nearby schools
GreatSchools rating
- 4/10Mifflin Thomas SchoolGrades: PK-8Distance: 0.7 mi
- 1/10Roxborough High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- District: The School District Of Philadelphia
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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