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2,016 sqft

$489,999

1427 W RITNER STREET, PHILADELPHIA PA, 19145

Price per sqft$243.06
Built in1920
Property size2,016 sqft
Property typeMulti-family

Overview

Active

Active-bright

Listed Jun 30, 2026

Updated 4 days ago

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 units are currently occupied 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.

$3,260/mo

Est. mortgage payment based on a $489,999 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
PAPH2592318

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.02 Acres

Other Property Details

Taxes
$5,785
Tax Frequency
Annually
MLS provider logo

Listed by KW Empower
Listing Contact: 8566691460 

The IDX display contains information sourced from the Bright MLS, Inc. as of 9/15/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 9/15/2026 at 11:33 PM UTC

 

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