1427 W Ritner St, Philadelphia, PA 19145 | For Sale

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For Sale $499,999 ($248.02 per Sq Ft)

$499,999 ($248.02 per Sq Ft)
  • (0)
  • 3 Units
  • 2,016 Sq Ft
  • 960 Sq Ft
  • Unknown Cap Rate

Description

A rare opportunity to buy in one of Philadelphia's most enduring and high-demand neighborhoods. This striking 3-story masonry rowhome occupies a corner position just one block off bustling Passyunk Avenue — one of South Philadelphia's most celebrated corridors, known for its award-winning restaurants, cafés, boutique shops, and locally owned businesses that keep foot traffic and rental demand consistently strong. Outdoor enthusiasts will appreciate the proximity to FDR Park, and commuters will love the quick access to the Broad Street Line and SEPTA, offering an easy ride to Center City, the stadiums, and major transit connections throughout the region.

The building offers approximately 2,016 square feet above grade plus a basement and is currently generating income as a multi-unit investment property. Units were thoughtfully updated approximately 5 years ago — kitchens and baths vary by unit but reflect genuine investment, with highlights including stylish black and white subway tile baths and well-appointed kitchens with updated cabinetry and countertops. Electric is separately metered by unit, keeping operating costs lean and management straightforward. Current rents are well below market, giving a new owner significant upside potential from day one.

Three one bedroom, one bathroom units, and two studio units. One studio unit with private side entrance. All but one unit are currently occupied with tenants on month-to-month leases, delivering immediate cash flow while affording a new owner complete flexibility to reposition, reconfigure, or re-tenant the property entirely on their own terms. Financials available upon request.

Opportunities like this in this location don't come along often. Schedule your showing today!

Seller will not make repairs. Buyer is responsible for Use & Occupancy certificate and all due diligence.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $499,999
Property Type Other
Usable Sqft 2,016
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1920
Last Sold Unknown
Sold Price Unknown
APN # 261024400
MLS # PAPH2592318
Property ID 322701060
Lot Sqft 960
Zoning RSA5
Total Units 3
Days on Market 66
Original List Price Unknown
Date Updated May 26, 2026
Date Created March 27, 2026

Financials not available online. Please inquire with your agent for more details.

Listing Provided By

Matthew Bigelow an agent of KW Empower. Lic #RS350709


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Data last updated: June 01, 2026.
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