Last Sold Price
5 beds5 baths3,504 sqft$153/sqft
15 W Ridley Ave, Ridley Park, PA 19078

Description

Tucked into one of the most desirable suburban neighborhoods, this beautifully maintained five-unit property offers both timeless character and reliable income—an ideal combination for any investor. Located on a quiet, tree-lined street surrounded by well-kept homes and a welcoming community, it blends residential charm with strong investment fundamentals. Set on a generous and well-kept piece of land, the property features classic curb appeal along with the potential for two dedicated parking spots—an...Tucked into one of the most desirable suburban neighborhoods, this beautifully maintained five-unit property offers both timeless character and reliable income—an ideal combination for any investor. Located on a quiet, tree-lined street surrounded by well-kept homes and a welcoming community, it blends residential charm with strong investment fundamentals. Set on a generous and well-kept piece of land, the property features classic curb appeal along with the potential for two dedicated parking spots—an added convenience for tenants and a valuable perk for long-term ownership. Inside, the building is well taken care of, with clean, well-lit common hallways and original wood handrails that bring warmth and historic charm to the space. The unit mix includes two spacious two-bedroom apartments, one one-bedroom unit, and two studios—each self-contained and thoughtfully updated to attract quality tenants. A shared community basement offers convenient on-site laundry and additional storage, further enhancing the tenant experience. With all units currently leased and generating approximately $66,600 in annual rental income, this is a true turnkey investment offering immediate cash flow. Its unbeatable location near parks, schools, shopping, and major commuter routes makes it an incredibly rare opportunity in a high-demand area—perfect for investors seeking a low-maintenance property with long-term value.
LISTING CLOSED: 07/25/2025 12:00 AM

  1. Listed by John J Gauntlett IV • KW Empower
    P: (610) 756-0158 jack.gauntlett@kw.com
  2. Listed by Javon Monique Palmer • KW Empower
    P: (610) 708-0207 javon.palmer@kw.com

Property Details for 15 West Ridley Avenue

Status
MLS #
PADE2089012
Days on Market
59
Taxes
$12,080 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi-Family / Fee Simple
Year Built
1900
Lot Size
0.19 AC / 8,276 SF
Tax ID Number
37-00-01744-00
Ownership
Fee Simple
Structure Type
Detached
Style
Other
Waterfront
No
Garage
No
Expected On Market Date
05-03-2025
Cross Street
SWARTHMORE AVE
Municipality
RIDLEY PARK BORO
Total Parking Spaces
2
Central Air
No
Basement
Yes
Above Grade Finished SQFT
3,504.00
Above Grade Fin SQFT Source
Assessor
Below Grade Finished SQFT
.00
Below Grade Fin SQFT Source
Assessor
Below Grade Unfinished SQFT
.00
Below Grade Unfin SQFT Source
Assessor
Total Below Grade SQFT
.00
Total Below Grade SQFT Source
Assessor
New Construction
No

Recent comparable sales

Median sold price

$495,000

Avg days on market

39

Sale-to-list ratio

93.3%

[Ridley Park, PA]

9 comparable properties found

a front view of a house with a yard
1/72
1

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Sold 04/30/25

4
Bedrooms
4
Bathrooms
2,644
Square Feet
0.16
Acres
$495,000 | 401 North Swarthmore Avenue, Ridley Park, PA 19078
1/34
2

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Sold 08/30/24

6
Bedrooms
2
Bathrooms
3,019
Square Feet
0.27
Acres
a front view of a house with a yard
1/83
3

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Sold 01/22/26

5
Bedrooms
2,848
Square Feet
0.28
Acres
$529,000 | 405 North Swarthmore Avenue, Ridley Park, PA 19078
1/36
4

$529,000

Sold 02/27/26

6
Bedrooms
3,236
Square Feet
0.16
Acres
$495,000 | 300 Glenloch Road, Ridley Park, PA 19078
1/71
5

$495,000

Sold 11/01/24

6
Bedrooms
3,196
Square Feet
0.39
Acres
$492,500 | 312 Crum Lynne Road, Ridley Park, PA 19078
1/46
6

$492,500

Sold 04/17/25

5
Bedrooms
2,344
Square Feet
0.19
Acres
$369,000 | 402 East Ridley Avenue, Ridley Park, PA 19078
1/8
7

$369,000

Sold 10/30/24

6
Bedrooms
3
Bathrooms
3,129
Square Feet
0.13
Acres
$330,000 | 206 East Hinckley Avenue, Ridley Park, PA 19078
1/51
8

$330,000

Sold 05/15/26

5
Bedrooms
2
Bathrooms
2,510
Square Feet
0.08
Acres
a front view of a house with a yard
1/43
9

$482,000

Sold 04/16/26

5
Bedrooms
2,298
Square Feet
0.17
Acres

Location

Listing Courtesy of KW Empower

Sold By RE/MAX Classic

Add your commute

Building Information for 15 West Ridley Avenue

Stories-Residences4Year Built1900Building Size-Lot Size0.19 AC / 8,276 SF

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$3,726 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,719

Property Taxes

$1,007

HOA Dues

$0

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Property Information for 15 West Ridley Avenue

Location
Location
  • School District Name: RIDLEY
  • School District County ID: 300200397359
  • SchoolDistrictSource: Listing Agent
  • County: DELAWARE
  • MLS Area: Ridley Park Boro (10437)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $314,910
  • Year Assessed: 2025
  • County Tax: $1,219
  • Improvement Assessed Value: $257,800
  • City Town Tax: $2,046
  • Land Assessed Value: $57,110
  • Clean Green Assessed: No
  • Land Use Code: R-40
  • Zoning: RES
  • Tax Lot: 342-000
  • School Tax: $8,814
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Gas, Heat, Sewer
Unit Information
Unit Information
  • Single Room Units Count: 2
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3
  • Units Leased Count: 5
  • Number Of Units Vacant: 0
  • Number Of Units Month To Month: 0
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Beds Total: 2
  • Full Baths Count: 1
  • Unit Type Features: 1A - 1bedroom unit
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Beds Total: 0
  • Full Baths Count: 1
  • Unit Type Features: 1B - Studio
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Beds Total: 1
  • Full Baths Count: 1
  • Unit Type Features: 2A - 1 Bedroom Unit
Unit 4
  • Type: Unit 4
  • Unit Type Occupied YN: Yes
  • Beds Total: 0
  • Full Baths Count: 1
  • Unit Type Features: 2b - Studio
Unit 5
  • Type: Unit 5
  • Unit Type Occupied YN: Yes
  • Beds Total: 2
  • Full Baths Count: 1
  • Unit Type Features: C - 2 bedroom
Financial Information
Financial Information
  • Annual Rental Income: $66,600
  • Income Includes: Apartment Rentals, Laundry
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 3,504.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 88.00 x 120.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 541274
Parking
Parking
  • Type Of Parking: Driveway
  • Driveway - # of Spaces: 2
  • Parking Features: Gravel Driveway
Interior Features
Interior Features
  • Interior Features: Ceiling Fan(s)
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Utilities: Natural Gas Available
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: Electric
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Montgomery County Association of REALTORS

Property History for 15 West Ridley Avenue

DateEvent & SourcePriceAppreciation
Jul 25, 2025

Closed

BRIGHT #PADE2089012

$535,000
Jul 8, 2025

Closed (Public Record)

Public Record #1909823606

$535,000

+4.3% / yr

Jun 30, 2025

Pending

BRIGHT #PADE2089012

DateEvent & SourcePrice
07/25/2025

Closed

BRIGHT #PADE2089012

$535,000
07/08/2025

Closed (Public Record)

Public Record #1909823606

$535,000

+4.3% / yr

06/30/2025

Pending

BRIGHT #PADE2089012

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 15 West Ridley Avenue

Taxable ValueLand$57,110Additions$257,800Total$314,910
Tax Record2026$12,548 ($1,046 / month)
Home Facts
Baths4Total Finished SqFt3,504 SqFtAbove Grade Finished SqFt3,504 SqFtStories3Lot Size8,364 SqFtStyleQuadraplexYear Built1900CountyDELAWAREAPN37-00-01744-00

Schools near 15 West Ridley Avenue

This home is within Ridley School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Lakeview El School
PublicK to 5

Ridley Middle School
Public6 to 8

Ridley High School
Public9 to 12

St Madeline-St Rose School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 15 West Ridley Avenue, Ridley Park, PA 19078
$535,000
5
5
3,504
8,276
$325,000
3,199
8,494
$235,000
3
1,976
3,049
$260,000
3
1,535
5,663
$310,000
4
1,976
3,485
3
2
1,340
11,718

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Empower

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.