7039 Ridge Ave

Beds
Baths
2,431 Sq. Ft.
$329 / Sq. Ft.
2,431
Sq. Ft.
$329
per Sq. Ft.

Description

Turnkey quadplex in the heart of Roxborough! Fully renovated in 2025 with a historically-compliant facade renovation. Delivered with a 10-year tax abatement! All units currently occupied totaling $5,816/mo of gross income: unit #1A: 1 bed + 1 full bath - rented for $1325/mo + $35 water fee, unit #1B: 1 bed + 1 full bath rented for $1346/mo + $35 water fee, unit #2A: bilevel 1 bed + den + 1 full bath - rented for $1395/mo + $35 water fee, unit #2B: bilevel 1 bed + den + 1 full bath rented for $1610/mo...Turnkey quadplex in the heart of Roxborough! Fully renovated in 2025 with a historically-compliant facade renovation. Delivered with a 10-year tax abatement! All units currently occupied totaling $5,816/mo of gross income: unit #1A: 1 bed + 1 full bath - rented for $1325/mo + $35 water fee, unit #1B: 1 bed + 1 full bath rented for $1346/mo + $35 water fee, unit #2A: bilevel 1 bed + den + 1 full bath - rented for $1395/mo + $35 water fee, unit #2B: bilevel 1 bed + den + 1 full bath rented for $1610/mo + $35 water fee. All apartments have been completely updated with brand-new systems, including HVAC, electrical, and plumbing. Each unit features modern finishes, luxury vinyl plank flooring, updated kitchens with stainless steel appliances, stylish bathrooms, and in-unit laundry. Located along desirable Ridge Avenue, this property is walkable to local restaurants, parks, shopping, and public transit. Just minutes from Manayunk, Wissahickon Valley Park, and major highways. Addition of parking spaces via adjacent parking lot negotiable.
  1. Listed by Samantha Lee Miller • Mallin Panchelli Nadel Realty Inc
    P: (215)-692-3107 smiller@mpnrealty.com

Property Details for 7039 Ridge Avenue

Tax ID Number
871528000
Ownership
Fee Simple
Structure Type
Twin/Semi-Detached
Style
Side-by-Side
Waterfront
No
Garage
No
Subdivision
ROXBOROUGH
Subdivision
ROXBOROUGH (PHILADELPHIA PA)
LISTING UPDATED: 12/29/2025 12:23 PM

Property Details for 7039 Ridge Avenue

StatusActive
MLS #PAPH2546638
Days on Market113
Taxes$4,163 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1955
Lot Size0.12 AC / 5,255 SF
CountyPhiladelphia County

Location

Listing Courtesy of Mallin Panchelli Nadel Realty Inc
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Building Information for 7039 Ridge Avenue

Stories-Residences4Year Built1955Building Size-Lot Size0.12 AC / 5,255 SF

Payment Calculator

$4,246 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,899

Property Taxes

$347

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7039 Ridge Avenue

Location
Location
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 803408593408
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19128 (19128)
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: $297,400
  • Year Assessed: 2024
  • County Tax: $0
  • Improvement Assessed Value: $237,920
  • City Town Tax: $1,831
  • Land Assessed Value: $59,480
  • Clean Green Assessed: No
  • Land Use Code: L48
  • Zoning: RM1
  • Zoning Dscrp: Multifamily
  • Tax Lot: 35
  • School Tax: $2,331
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 4
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Units Leased Count: 4
Financial Information
Financial Information
  • Annual Rental Income: $69,792
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Year Major Reno Remodel: 2025
  • Building Units Total: 4
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 47.00 x 157.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1009551
Parking
Parking
  • Type Of Parking: Driveway, Parking Lot, On Street
Interior Features
Interior Features
  • Fireplace: No
  • Appliances: Built-In Microwave, Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Ductless/Mini-Split
  • Cooling Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer

Property History for 7039 Ridge Avenue

DateEvent & SourcePriceAppreciation
Oct 9, 2025

Listed (Active)

BRIGHT #PAPH2546638

$800,000
DateEvent & SourcePrice
10/09/2025

Listed (Active)

BRIGHT #PAPH2546638

$800,000

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

Public Records for 7039 Ridge Avenue

Taxable ValueLand$59,480Additions$237,920Total$297,400
Tax Record2023$4,163 ($347 / month)
Home Facts
Total Finished SqFt2,431 SqFtAbove Grade Finished SqFt2,431 SqFtStories3Lot Size5,255 SqFtStyleOffice BuildingYear Built1955ZoningRM1CountyPHILADELPHIAAPN87-1-5280-00

Schools near 7039 Ridge Avenue

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 12
Public - 6 to 8
Rating
School
Distance
Shawmont School
PublicPK to 8

Roxborough High School
Public9 to 12

Widener Memorial School
PublicK to 12

Middle Years Alternative School
Public6 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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7039 Ridge Avenue is a multi-family home for sale in Philadelphia, PA 19128. This property was listed for sale on October 9, 2025 by Mallin Panchelli Nadel Realty Inc, it's currently listed at $800,000. This listing's school district is The School District of Philadelphia. Nearby schools include Shawmont School, Roxborough High School and Widener Memorial School. 7039 Ridge Avenue is a 0-bed, 0-bath, 2,431 sqft multi-family home built in 1955.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Mallin Panchelli Nadel Realty Inc

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.