#PADE2084432, Jeffrey Scott, Listing Office: Keller Williams Real Estate -Exton
15 W Ridley Ave Ridley Park, PA 19078
Property details
About 15 W Ridley Ave
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.
Highlights
(ACTIVE)
Summary
- Basement: Yes
- Interior: Ceiling Fan(s)
- Parking: Gravel Driveway, Driveway
- Architectural Style: Other
- Heating: Hot Water
- Cooling: None
- List Price: $600,000
- Price/SqFt: $171
- Annual Tax Amount: $9,213
- Tax Year: 2024
- Directions: Take I-95 South to Exit 8 (Stewart Ave), turn right on Chester Pike, then left on W Ridley Ave to reach 15 W Ridley Ave
- Year Built: 1900
- Living Area: 3,504 SqFt
- Municipality: Ridley Park Boro
- Lot Size: 0.19 Acres
- MLS Number: PADE2089012
- MLS Name: BRIGHT
- Office Name: KW Empower
- Office Phone: (215) 627-3500
- Office Email: vicki@kwempower.com
- Listing Agent: John J Gauntlett IV
- Agent Phone: (610) 772-7089
- Agent Email: jack.gauntlett@kw.com
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Last updated on: 5/20/2025, 9:20:43 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$600,000
15 W Ridley Ave
$7,125
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Aug 02, 2007 | Home Sold | $250,000 |
Apr 12, 2004 | Home Sold | $215,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $314,910 | $9,213 |
2023 | $314,910 | $10,454 |
2022 | $314,910 | $10,056 |
2021 | $314,910 | $15,502 |
2020 | $148,560 | $8,364 |
2019 | $148,560 | $8,205 |
2018 | $148,560 | $7,968 |
2017 | $148,560 | $7,968 |
History based on county public records data.
Nearby schools
4
Lakeview Elementary School
Public District KG-5
0.3 mi
•333 Constitution Ave
4
Leedom Elementary School
Public District KG-5
0.5 mi
•620 E Chester Pike
5
Woodlyn Elementary School
Public District KG-5
1.0 mi
•1200 Colson Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $59,219. Typical income of Ridley Park, PA residents is between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
Similar homes for sale
This home is located at 15 W Ridley Ave in Ridley Park, PA and zip code 19078. This 3,504 square foot home, which was built in 1900, sits on a 0.19 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 28, 2025 and is currently priced at $600,000.
The inventory of homes for sale in Ridley Park, PA between March and April 2025 increased by 100%. In April 2025, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $370,000.