5402 Lebanon Avenue Philadelphia, PA $ 229,500
5402 Lebanon Avenue
$ 229,500
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5402 Lebanon Avenue

Philadelphia, PA, 19131
$ 229,500
Bedrooms3 Baths2.0 Sq 1,400

Monthly Estimate*

$ 1,449

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Townhouse for sale in Philadelphia, PA

for $229,500 with 3 bedrooms and 2 full baths. This 1,400 square foot townhouse was built in 1920.

Excellent investment opportunity in a desirable Wynnefield location! This well-maintained duplex offers strong income potential, with one vacant, move-in-ready unit and one occupied unit that provides immediate rental income. Can be purchased separately or with neighboring fourplex 5400 Lebanon! Unit 1 features 2 bedrooms, 1 bathroom, recent updates with modern finishes, and a spacious private, serene balconyperfect for owner-occupants or attracting quality tenants. Based on current PHA payment standards, a 2-bedroom may qualify for rents up to $2,010/month, while a 1-bedroom may qualify for up to $1,690/month (buyer to verify). Unit 2 offers 1 bedroom, 1 bathroom, and is occupied by a long-term tenant, providing stable cash flow and conveniently located near shopping, public transportation, schools, and major roadways. Whether you're looking to house hack or expand your investment portfolio, this property presents an outstanding opportunity. Buyer responsible for verifying all rental rates, PHA standards, and zoning.

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Townhouse Active

Price

$ 229,500

Bedrooms

3

Full Bath

2

Property Type

Townhouse

Taxes

$ 2,696

Style

Traditional

Year Built

1920

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2653438

Features
General
Living Area 1400
Sewer Public Sewer
Heating Baseboard - Electric
Cooling Window Unit(s)
Possession Settlement Negotiable
Zoning RSA5
Garage Spaces 1.00
Architectural Style Traditional
Security Features Smoke Detector Carbon Monoxide Detector(s)
Construction Materials Brick
School District PHILADELPHIA CITY
Year Built 1920
Levels 2
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Residential
HOA N
Subdivision Name WYNNEFIELD
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade Below Grade
Full Baths 2
Status ACTIVE
Directions Head east on City Ave. Turn right onto N 54th Street. Go about 0.3 miles (3 blocks). Turn left onto Lebanon Avenue
City PHILADELPHIA
Disclosures Rental Permits Lead Inspection Certificate Available
Senior Community Y/N N
MLS Area 19131 (19131)
Lot Size Units Square Feet
Lot Size Square Feet 1808.00
Tax Annual Amount 2696.0
Home Warranty Y/N N
Structure Type Interior Row/Townhouse
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 1
Bathrooms Count Main Level 1.00
Price Per Sq Ft Total AG 163.93
Acceptable Financing Cash Conventional FHA Private VA
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Tax Lot 7010
Association Recreation Fee N
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Interior
Heating Fuel Electric
Basement Garage Access
Total Fireplaces 1
Fireplace Features Non-Functioning
Hot Water Natural Gas
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 1400
Half Baths 0
Central Air Y/N N
Total Bedrooms 3
Below Grade Finished Area 0
Main Level Bedrooms 2
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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Exterior
Pool No Pool
Water Source Public
Garage Features Basement Garage Additional Storage Area
Type of Parking On Street Off Street Alley Attached Garage
Foundation Details Brick/Mortar
Spa N
Water View Y/N N
Lot Dimensions 16X113
Lot Size Acres 0.00
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 38520.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 5402
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* Excluded Features
List By
Real Estate Bosses

Broker

sharita@reb-realty.com

Email

Affordability Calculator

$1,674
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,449
Monthly Property Taxes
$225
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4835660 Elementary School
4835659 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/29/2026$229,500 Listed Price

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5402 Lebanon Avenue, Philadelphia, PA, 19131 is a Townhouse for sale at $229,500 with 1,400 sqft. 5402 Lebanon Avenue has 3 bedrooms, 2.0 baths, and was built in 1920. The property's zip code is 19131 which is in Philadelphia, PA