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For sale
  • Price cut: $50K (8/24)
    $449,900

    5400 Lebanon Ave, Philadelphia, PA 19131

    3beds
    4baths
    2,976sqft
    : 
    $2,808/mo
    Get pre-qualified
    Townhouse
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $151/sqft
    $-- HOA

    What's special

    Studio apartmentsRecent updates
    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. This property may be purchased individually or as part of a package with the neighboring duplex at 5402 Lebanon Ave, creating an outstanding opportunity to expand your investment portfolio. 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 responsible for verifying zoning, rental rates, and all property information.
    28 days
    |
    282
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Mrs. Sharita Price 835-226-5694,

    Real Estate Bosses 2157013181

    Source: Bright MLS,MLS#: PAPH2653456MLS Logo

      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: $151/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

        DateEventPrice
        8/24/2026Price change$449,900-10%$151/sqft
        Source: Bright MLS #PAPH2653456 Report a problem
        7/31/2026Listed for sale$499,900$168/sqft
        Source: Bright MLS #PAPH2653456 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Wynnefield

        Getting around

        68 / 100
        Somewhat Walkable
        61 / 100
        Good Transit
        78 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Philadelphia City

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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