#PAPH2438392, Michelle A Phillips, Listing Office: Luxe Real Estate LLC
5425 Ridgewood St Philadelphia, PA 19143
Property details
About 5425 Ridgewood St
This fully rehabbed duplex, renovated in 2018, presents a great investment opportunity for those looking to generate rental income. The property consists of two units, each offering a unique appeal. Unit 1, located on the first floor, is a cozy 1-bedroom, 1-bathroom space that is currently occupied for $890 a month, providing immediate rental income. This unit features modern updates including vinyl plank flooring throughout, stainless steel appliances in the updated kitchen, and an tiled tub/shower combo in the updated bathroom. Unit 2, located on the second floor, is a spacious 2-bedroom, 1-bathroom unit that is currently vacant and move-in ready being marketed for $1,000 a month. This unit also features modern updates throughout, including vinyl plank flooring, an updated kitchen with beautiful cabinets, a tiled backsplash, stone countertops, and a stainless steel range. The bathroom is fully updated with a tiled floor and tub/shower combo. Additionally, Unit 2 benefits from its own new HVAC system and hot water heater, ensuring comfort and efficiency. The property also offers a full, unfinished basement, ideal for storage, and it has laundry hook-ups in place, providing the option to add-in laundry option for additional convenience for tenants. Whether you’re looking to rent out both units or occupy one while generating rental income, this duplex offers a fantastic opportunity for steady cash flow with minimal effort.
Highlights
(ACTIVE)
Virtual tour
Summary
- MLS Number: PAPH2452962
- MLS Name: BRIGHT
- Office Name: Redfin Corporation
- Office Phone: (215) 631-3154
- Office Email: peter.phinney@redfin.com
- Listing Agent: Andrew G Black
- Agent Phone: (610) 680-6200
- Agent Email: andrew.black@redfin.com
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Last updated on: 3/14/2025, 2:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$239,000
5425 Ridgewood St
$2,838
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 24, 2018 | Home Sold | $15,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $69,600 | $974 |
2022 | $69,600 | $855 |
2021 | $- | $855 |
2020 | $61,100 | $855 |
2019 | $56,400 | $789 |
2018 | $51,700 | $723 |
2017 | $51,700 | $723 |
History based on county public records data.
Nearby schools
5
Joseph W. Catharine School
Public District KG-5
1.2 mi
•6600 Chester Ave
5
Thomas G. Morton School
Public District KG-5
1.3 mi
•2501 S 63rd St
6
W.B. Evans Elementary School
Public Magnet KG-6
1.3 mi
•900 Baily 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 $32,805. The most common annual income of people living in Philadelphia, PA is less than $<35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
Similar homes for sale
This home is located at 5425 Ridgewood St in Philadelphia, PA and zip code 19143 in the Southwest Philadelphia neighborhood. This 1,200 square foot home, which was built in 1925, sits on a 0.02 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 12, 2025 and is currently priced at $239,000.
Over 154 listings were sold over their listed price in February 2025 in Philadelphia, PA. In the same period over 396 listings were sold below the listed price and 166 listings were sold for the listed price. The number of homes for sale in Philadelphia, PA increased by 10.7% between January and February 2025. The median list price of listings available in February 2025 was $268,469, while the average time on the real estate market was 59 days.