Exceptional investment opportunity! This legally zoned fourplex is being offered fully vacant, providing the flexibility to set your own rents or occupy a unit while generating income from the others. The building consists of one spacious 2-bedroom apartment, one 1-bedroom apartment featuring a private balcony, and two studio apartments. Located in the desirable 19131 zip code, the property offers strong rental income potential. The 2-bedroom unit offers potential rents of $1,400+/month, the 1-bedroom unit approximately $1,290+/month, and studio units $1,000+/month. Rental amounts are estimates based on current market conditions; buyer to independently verify rents and rental potential. It is conveniently located near City Avenue, public transportation, shopping, major highways, and universities. Strong income potential, recent updates, and a fully vacant building make this a rare opportunity—prepare your offer today! Buyer is responsible for verifying zoning, rental rates, and all property information.
For sale
Price cut: $89.9K (10/13)
$360,000
5400 Lebanon Ave, Philadelphia, PA 19131
3beds
4baths
2,976sqft
Townhouse
Built in 1920
-- sqft lot
$-- Zestimate®
$121/sqft
$-- HOA
What's special
Studio apartmentsRecent updates
- 75 days
- 328
- 21
Zillow last checked:
Listing updated:
Listed by:
Mrs. Sharita Price 835-226-5694,
Real Estate Bosses 2157013181
Source: Bright MLS,MLS#: PAPH2653456
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
Heating
- Radiator, Natural Gas, Electric
Cooling
- Window Unit(s), Electric
Appliances
- Included: Gas Water Heater
Features
- Basement: Finished,Side Entrance
- Has fireplace: No
Interior area
- Total structure area: 2,976
- Total interior livable area: 2,976 sqft
Property
Parking
- Total spaces: 1
- Parking features: Private, Driveway, Off Street, On Street, Alley Access
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Stairs
Features
- Pool features: None
Lot
- Size: 1,939 Square Feet
Details
- Additional structures: Above Grade
- Parcel number: 522069200
- Zoning: RSA5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Masonry, Brick, Stucco
- Foundation: Brick/Mortar
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Wynnefield
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $121/sqft
- Tax assessed value: $404,100
- Annual tax amount: $3,859
- Date on market: 7/30/2026
- Listing agreement: Exclusive Agency
- Listing terms: VA Loan,Private Financing Available,FHA,Conventional,Cash
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/13/2026 | Price change | $360,000-20%$121/sqft |
Source: | ||
| 8/24/2026 | Price change | $449,900-10%$151/sqft |
Source: | ||
| 7/31/2026 | Listed for sale | $499,900$168/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,859 -12.5% | $275,700 -12.5% |
| 2024 | $4,412 | $315,200 |
| 2023 | $4,412 +184.2% | $315,200 |
| 2022 | $1,552 | -- |
| 2021 | $1,552 +3.8% | -- |
| 2018 | $1,495 | -- |
| 2017 | $1,495 +7.1% | -- |
| 2016 | $1,396 | -- |
| 2015 | $1,396 | -- |
| 2014 | $1,396 +4.5% | $99,700 +499.2% |
| 2012 | $1,336 | $16,640 |
| 2011 | -- | $16,640 |
| 2010 | -- | $16,640 |
| 2009 | -- | $16,640 |
| 2008 | -- | $16,640 |
| 2007 | -- | $16,640 +7.4% |
| 2006 | -- | $15,488 |
| 2005 | -- | $15,488 +4.1% |
| 2004 | -- | $14,880 +9.9% |
| 2003 | -- | $13,536 +9% |
| 2002 | -- | $12,416 |
| 2000 | -- | $12,416 |
| 1999 | -- | $12,416 |
Find assessor info on the county website
Monthly payment
Est. payment





