FULLY OCCUPIED MIXED-USE 8 UNIT PROPERTY| 9.7% CAP RATE | $11,282/MO INCOME | ***** A rare chance to acquire a mixed-use 8-Unit portfolio with immediate income delivering Powerful 9.7% Cap Rate with room to increase | 3 adjacent buildings on same Deed ****Prime CMX-2 Mixed-Use Investment Opportunity in Overbrook Farms section of Philadelphia. **Invest in immediate cash flow with this stabilized, fully leased 8-unit portfolio asset offering 6 apartments, 1 medical/rehabilitation center and 1 daycare facility. **Anchored by established commercial and residential tenancy, this commanding stone corner property delivers a powerful 9.7% Capitalization Rate from Day 1. **Fully rented with a proven track record of high occupancy. Meticulously maintained stone masonry structure. **CMX-2 zoning offers maximum flexibility for retail, medical office, and residential density. Situated in the heart of Overbrook Farms, a high-density neighborhood with strong demand for local services and housing and easy access to some of the region’s best outdoor areas such as Fairmount Park. Just a short drive to City Line Avenue, St. Joseph's University and Lankenau Medical Center. This is a rare opportunity to acquire a high-performing asset in a high-barrier-to-entry market. Perfect for 1031 Exchange buyers seeking passive income.
For sale
Price cut: $49K (9/22)
$1,099,000
6522 Lebanon Ave, Philadelphia, PA 19151
11beds
--baths
9,000sqft
Townhouse
Built in 1925
-- sqft lot
$1,058,000 Zestimate®
$122/sqft
$-- HOA
What's special
Stone corner property
- 32 days
- 192
- 13
Zillow last checked:
Listing updated:
Listed by:
Alex Molinski 267-408-6671,
Elite Realty Group Unl. Inc. 2153284800
Source: Bright MLS,MLS#: PAPH2669258
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
Basement
- Area: 0
Heating
- Hot Water, Other, Natural Gas
Cooling
- Ceiling Fan(s), Central Air, Window Unit(s), Electric
Appliances
- Included: Gas Water Heater
Features
- Flooring: Hardwood, Ceramic Tile, Laminate, Tile/Brick
- Has fireplace: No
Interior area
- Total structure area: 9,000
- Total interior livable area: 9,000 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 2,264 Square Feet
- Dimensions: 16.00 x 94.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 344048405
- Zoning: CMX2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Townhouse
Materials
- Masonry
- Foundation: Other
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available, Electricity Available, Sewer Available, Water Available
Community & HOA
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $122/sqft
- Tax assessed value: $602,500
- Annual tax amount: $8,432
- Date on market: 9/10/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Negotiable
- Exclusions: Tenant's Personal Property
- Ownership: Fee Simple
- Total actual rent: 138808
Estimated market value
$1,058,000
$1.01M - $1.11M
$1,123/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2026 | Price change | $1,099,000-4.3%$122/sqft |
Source: | ||
| 5/13/2026 | Listed for sale | $1,148,000-2.7%$128/sqft |
Source: | ||
| 5/12/2026 | Listing removed | $1,180,000$131/sqft |
Source: | ||
| 4/17/2026 | Price change | $1,180,000-5.6%$131/sqft |
Source: | ||
| 3/12/2026 | Listed for sale | $1,250,000+350.8%$139/sqft |
Source: | ||
| 9/23/2006 | Sold | $277,283$31/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,734 | $195,300 |
| 2024 | $2,734 | $195,300 |
| 2023 | $2,734 | $195,300 |
| 2022 | $2,734 | -- |
| 2021 | $2,734 +3.9% | -- |
| 2018 | $2,632 | -- |
| 2017 | $2,632 | -- |
| 2016 | $2,632 | -- |
| 2015 | $2,632 | -- |
| 2014 | $2,632 | $188,000 |
Find assessor info on the county website
Monthly payment
Est. payment







