5402 Lebanon Ave, Philadelphia, PA 19131
Local realty services provided by:Better Homes and Gardens Real Estate Reserve
5402 Lebanon Ave,Philadelphia, PA 19131
$229,500
- 3 Beds
- 2 Baths
- 1,400 sq. ft.
- Multi-family
- Pending
Listed by: sharita s price
Office: real estate bosses
MLS#:PAPH2657802
Source:BRIGHTMLS
Price summary
- Price:$229,500
- Price per sq. ft.:$163.93
About this home
The seller is requesting highest and best offers by Sunday, August 16th at 12:00 PM (noon).
INVESTOR & OWNER-OCCUPANT OPPORTUNITY | WYNNEFIELD
Position yourself to capitalize on a versatile income-producing asset in Philadelphia’s desirable Wynnefield neighborhood. This well-maintained duplex combines existing rental income, strong rent potential, and value-add upside—making 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 Ave—creating 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....
Contact an agent
Home facts
- Year built:1920
- Subdivision & Development:WYNNEFIELD
- Listing ID #:PAPH2657802
- Added:56 day(s) ago
- Updated:September 23, 2026 at 08:28 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Basement:Yes
- Basement Description:Garage Access
- Living area:1,400 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Baseboard - Electric, Electric
Structure and exterior
- Year built:1920
- Building area:1,400 sq. ft.
- Architectural Style:Traditional
- Construction Materials:Brick
- Foundation Description:Brick/Mortar
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$229,500
- Price per sq. ft.:$163.93
- Tax amount:$2,696 (2026)
Features and amenities
- Amenities:Carbon Monoxide Detector(s), Smoke Detector
Parking
- Parking description:Additional Storage Area, Alley, Attached Garage, Basement Garage, Off Street, On Street
- Garage:Yes
- Garage spaces:1
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