3946 Lancaster Avenue, Philadelphia, PA 19104 - Photo 1

1/1

$400,000

Sold
Closed
Apartment

1/1

Property Description

40th & Lancaster Ave in Phila mixed use building is in the University City area. The storefront space has a permitted walk thru to 3948 Lancaster Ave retail space and was recently renovated which opens up additional business opportunities. There is a nice backyard outdoor space which also opens up additional business opportunities. There is an income producing four-bedroom apartment space on the upper floors which can be rented possible college student rentals) or owner occupied.

Full Property Details

Full Property Details for 3946 Lancaster Ave

General

Sold For: $400,000
Taxes: $5,873 (2024)
Status: Closed
Type: Apartment
Source: BrightMLSPhilly
MLS ID: PAPH2480682
Added to Site: 325 day(s) ago

Business

Business Type: Apartment Building, Day Care Facility, Hair Salon an

Parking

Parking Type: On Street

Location

Area: 19104 (19104)
Municipality: PHILADELPHIA
County: PHILADELPHIA
Cross Streets: Haverford Ave
Driving Directions: 40th & Lancaster

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C, Window Unit(s)
Cooling Fuel: Electric, Natural Gas
Heating Type: Forced Air
Heating Fuel: Natural Gas
Water Heater: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Construction: Masonry
Stories/Levels: 3
Building Size: 2550
Year Built: 1915
Year Built Source: Assessor
Property Condition: Very Good

Unit Information

# Tenants: Multiple

Lot Features

Lot Size (Acres): 0.04
Lot Size (Sq. Ft.): 1,900
Lot Size Source: Assessor
Lot Dimensions: 20.00 x 95.00
Zoning: CMX2

Financial Considerations

Price Per Sq. Ft.: $166.67
Assessment Year: 2025
School Tax: $3,289
City/TownTax: $2,584
City/TownTax Freq: Annually
County Tax Freq: Annually
Tax w/Assessment: $419,600
Tax Amount: $5,873
Tax Year: 2024

Disclosures and Reports

Ownership: Fee Simple
Exclusions: All Tenant's Property And 2nd Floor Refrigerator
Lot Number: 39

Listed by Keller Williams Main Line, David J Ahlzadeh and Keller Williams Main Line, Sam A Akif
Sold by Keller Williams Main Line, Lisa Yvette Risco

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Listing agents

— 3946 Lancaster Ave —

David J Ahlzadeh

Keller Williams Main Line
Sam A Akif

Keller Williams Main Line

Listing Office Email: info@mainlinekw.com

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Schools

Schools serving 3946 Lancaster Ave

School District:Philadelphia City School District

Name	Grades	Distance
Powel Samuel School 3610 Warren Street, Philadelphia, PA 19104	K-4	0.5 mi
Science Leadership Academy Middle School 3610 Warren Street, Philadelphia, PA 19104	5-8	0.5 mi
West Philadelphia High School 4901 Chestnut Street, Philadelphia, PA 19139	9-12	1 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 3946 Lancaster Ave

Date

Details

Price

Change

Source

2/25/2026

Sold

$400,000

-5.88%

MLS

8/28/2025

Price Reduced

$425,000

-15%

MLS

7/09/2025

Price Reduced

$500,000

-20%

MLS

5/12/2025

Listed

$625,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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3946 Lancaster Avenue, Philadelphia, PA 19104 (MLS# PAPH2480682) is a Apartment property that was sold at $400,000 on February 25, 2026. Want to learn more about 3946 Lancaster Avenue? Do you have questions about finding other Apartment real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

3946 Lancaster Ave Philadelphia, PA 19104