5402 Lebanon Ave, Philadelphia, PA 19131

$229,500
1,400
SqFt

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List Price
$229,500
Days on Market
2
Status
ACTIVE
MLS#
PAPH2657802
Living Area
1,400
Lot Size (Acres)
0.04
Style
Traditional
Year Built
1920
County
Philadelphia
School District
Philadelphia City

Property Description

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.

Additional Information

Area
19131 (19131)
Subdivision
Wynnefield
Taxes
$2696
School District
Philadelphia City
Fireplaces
1
Fireplace Description
Non-Functioning
Garage
Yes
Garage Spaces
1
Heating
Baseboard - Electric
Heating Fuel
Electric
Cooling
Window Unit(s)
Water
Public
Sewer
Public Sewer
Basement
Yes

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Listing courtesy of Real Estate Bosses. Contact: 2157013181