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$365,000 Just Listed
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Property Description
Welcome to 58 Melrose Avenue, a solid all-brick four-unit apartment building nestled on a quiet, tree-lined street in East Lansdowne. This well-maintained property presents an excellent opportunity for both seasoned investors and those looking to expand their portfolio with a value-add asset. With one unit currently occupied, the building offers immediate income while leaving room to renovate, reposition, and bring rents up to full market value. Each of the four units features separate utilities, including individual heating systems, electric, and hot water heaters, providing efficiency and convenience for both owner and tenants. The property also includes a spacious three-car detached garage, creating an additional income stream, along with off-street parking that comfortably accommodates all four tenants while still allowing easy access to the garages. The basement adds even more potential, offering designated storage bins for each unit and ample space to install coin-operated laundry, another opportunity to increase cash flow. Whether you're looking to enhance the existing units with light TLC or fully maximize the property's income potential, 58 Melrose Avenue delivers a rare combination of location, structure, and upside. Don't miss your chance to invest in a versatile, income-producing property with multiple revenue streams and long-term growth potential. Property being sold As-Is!
Full Property Details
Full Property Details for 58 Melrose
General
- Price: $365,000
- Taxes: (2025)
- Status: Active
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: PADE2113698
- Updated: 4/29/2026
- Added to Site: 2 day(s) ago
Rental Information
- Lease Info: Month to Month
Exterior
- Exterior Features: Sidewalks, Street Lights
Parking
- Garage: Yes
- Garage Spaces: 3
- Total Spaces: 3
- Parking Type: Driveway, Detached Garage
- Garage Description: Garage - Front Entry
Location
- Area: East Lansdowne Boro (10417)
- Municipality: EAST LANSDOWNE BORO
- County: DELAWARE
- Cross Streets: Baltimore Ave
- Driving Directions: Use GPS
School Information
- School District: William Penn
- High School: Penn Wood
Heating & Cooling
- Cooling Type: None
- Cooling Fuel: Natural Gas
- Heating Type: Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Structure Type: Twin/Semi-Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Poured Concrete
- Foundation: Stone
- Square Feet: 2,724
- Sq. Ft. Source: Assessor
- Living Area: 2,724 Sq. Ft.
- Finished Above Grnd: 2,724 Sq. Ft.
- Year Built: 1910
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,098
- Lot Size Source: Estimated
- Lot Dimensions: 50.00 x 120.00
- Zoning: RESENDIAL
Financial Considerations
- Price Per Sq. Ft.: $133.99
- Assessment Year: 2026
- School Tax: $5,437
- City/TownTax: $1,879
- City/TownTax Freq: Annually
- County Tax: $762
- County Tax Freq: Annually
- Tax Year: 2025
- Tax Total Finished Sq. Ft.: 2724
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 182-000
Listed by Keys & Deeds Realty, Christina R Branch
Get Pre-Approved Today
Schools
Schools serving 58 Melrose
School District:William Penn School District
| Name | Grades | Distance |
|---|---|---|
East Lansdowne El School 401 Emerson Avenue, East Lansdowne, PA 19050 | K-6 | 0.3 mi |
Penn Wood Middle School 121 Summit Street, Darby, PA 19023 | 7-8 | 1.6 mi |
Penn Wood High School 100 Green Avenue, Lansdowne, PA 19050 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 58 Melrose
Date
Details
Price
Change
Source
4/29/2026
Listed
$365,000
102.78%
MLS
8/21/2014
Sold
$180,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 58 Melrose
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,245
2%
$165,480
—
2024
$7,071
11%
$165,480
—
2023
$6,377
—
$165,480
—
2022
$6,377
-33%
$165,480
—
2021
$9,508
48%
$165,480
70%
2020
$6,413
2%
$97,370
—
2019
$6,306
1%
$97,370
—
2018
$6,223
5%
$97,370
—
2017
$5,905
1%
$97,370
—
2016
$5,841
1%
$97,370
—
2015
$5,763
2%
$97,370
—
2014
$5,644
—
$97,370
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 58 Melrose
58 Melrose, East Lansdowne, PA 19050 (MLS# PADE2113698) is a Single Family property with 0 bedrooms and 0 full bathrooms. 58 Melrose is currently listed for $365,000 and was received on April 29, 2026. Want to learn more about 58 Melrose? Do you have questions about finding other Single Family real estate for sale in East Lansdowne? You can browse all East Lansdowne real estate or contact a Coldwell Banker agent to request more information.

