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 Baths0.0

Monthly Estimate*

$ 1,449

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Multi-Family Home for sale in Philadelphia, PA

for $229,500 with 3 bedrooms. This home was built in 1920 on a lot size of 0.04.

INVESTOR & OWNER-OCCUPANT OPPORTUNITY | WYNNEFIELD Position yourself to capitalize on a versatile income-producing asset in Philadelphias desirable Wynnefield neighborhood. This well-maintained duplex combines existing rental income, strong rent potential, and value-add upsidemaking it an attractive opportunity for investors and strategic owner-occupants alike. Unit 1 is vacant and move-in ready, offering 2 spacious bedrooms, 1 bathroom, modern updates, and a private balcony. An owner-occupant can move in while benefiting from income generated by the second unit, or an investor can lease the unit and position the property for increased cash flow. Unit 2 features 1 bedroom and 1 bathroom and is currently occupied by a long-term tenant, providing rental income from day one. INCOME POTENTIAL: The 2-bedroom unit offers potential rents of $1,400+/month, while the 1-bedroom unit offers approximately $1,290+/month. Rental figures are estimates based on current market conditions; buyer to independently verify rents and rental potential. THE BIGGER OPPORTUNITY: This duplex may be purchased individually or strategically acquired with the neighboring legally zoned fourplex at 5400 Lebanon Avecreating the opportunity to control SIX residential units across two adjacent properties. Conveniently positioned near shopping, public transportation, schools, and major roadways, this property offers both accessibility and long-term investment potential. Whether your strategy is house hacking, portfolio expansion, rental income, or acquiring neighboring multifamily assets, this is an opportunity worth serious consideration. Schedule your private showing and evaluate the numbers for yourself.

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Multi-Family Active

Price

$ 229,500

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 2,696

Style

Traditional

Lot Size

0.04

Year Built

1920

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2657802

Features
General
Living Area 1400
Sewer Public Sewer
Heating Baseboard - Electric
Cooling Window Unit(s)
Possession Immediate
Zoning RSA5
Garage Spaces 1.00
Architectural Style Traditional
Security Features Carbon Monoxide Detector(s) Smoke Detector
Construction Materials Brick
School District PHILADELPHIA CITY
Year Built 1920
Property Subtype Duplex
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Multi-Family
Subdivision Name WYNNEFIELD
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade Below Grade
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 Lead Inspection Certificate Available Rental Permits
Number Of Units Total 2
MLS Area 19131 (19131)
Lot Size Units Square Feet
Lot Size Square Feet 1808.00
Number of Units Leased 1
Tax Annual Amount 2696.0
Two Bedroom 1
Structure Type Interior Row/Townhouse
Price Per Sq Ft Total AG 163.93
Acceptable Financing Cash Conventional FHA Private VA
Vacation Rental Y/N N
Lease Type Month to Month
Standard Status Active
Year Built Source Estimated
Tax Lot 7010
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Interior
Heating Fuel Electric
Basement Garage Access
Total Fireplaces 1
Hot Water Natural Gas
Furnished Units All
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N Y
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Public
Garage Features Additional Storage Area Basement Garage
Type of Parking Alley Attached Garage Off Street On Street
Foundation Details Brick/Mortar
Spa N
Water View Y/N N
Lot Dimensions 16X113
Lot Size Acres 0.04
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
8/8/2026$229,500 Listed Price

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5402 Lebanon Avenue, Philadelphia, PA, 19131 is a Multi-Family Home for sale at $229,500 with a lot size of 0.04. 5402 Lebanon Avenue has 3 bedrooms, 0.0 baths, and was built in 1920. The property's zip code is 19131 which is in Philadelphia, PA