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$920,000 -$60,000 (-6.12%) Price Reduced

  • For Sale
  • Active
  • Apartment
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4323 Lancaster Avenue presents a fully leased mixed use property offering a strong and stable investment opportunity in the heart of West Philadelphia along the Lancaster Avenue corridor. Situated close to the University of Pennsylvania, Drexel University, and Penn Presbyterian Medical Center, the property offers convenient access to Center City via the Route 10 trolley. The building includes four stabilized units: two spacious commercial spaces, each over 1,500 square feet, currently occupied by a restaurant and a daycare, both under triple net lease agreements, and two residential apartments, each featuring one bedroom and one bathroom. This well-balanced unit mix offers both residential and commercial income streams, and the property generates over $87,000 in annual net operating income.

Full Property Details for 4323 Lancaster Ave

General

  • Price: $920,000
  • Taxes: $4,536 (2024)
  • Status: Active
  • Type: Apartment
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2495326
  • Updated: 1/15/2026
  • Added to Site: 216 day(s) ago

Business

  • Business Type: Day Care Facility, Apartment Building, Restaurant/Ba

Parking

  • Parking Type: On Street

Location

  • Area: 19104 (19104)
  • Municipality: PHILADELPHIA
  • County: PHILADELPHIA
  • Driving Directions: Google Maps.

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Masonry
  • Building Size: 6532
  • Year Built: 1925
  • Year Built Source: Assessor

Unit Information

  • # Tenants: Multiple

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 4,800
  • Lot Size Source: Assessor
  • Lot Dimensions: 40.00 x 120.00
  • Zoning: CMX2

Financial Considerations

  • Price Per Sq. Ft.: $140.85
  • Assessment Year: 2025
  • School Tax: $2,540
  • City/TownTax: $1,996
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $324,100
  • Tax Amount: $4,536
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 597

Listed by HomeSmart Realty Advisors, Steven Sooby

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Listing agent

— 4323 Lancaster Ave —

  • Steven Sooby

    HomeSmart Realty Advisors

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4323 Lancaster Ave

School District:Philadelphia City School District
NameGradesDistance
West Philadelphia High School
4901 Chestnut Street, Philadelphia, PA 19139
9-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4323 Lancaster Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/15/2026
Price Reduced
$920,000
-6.12%
MLS
6/17/2025
Listed
$980,000
78.18%
MLS
11/07/2012
Sold
$550,000
—
Public Record
Get Price Alerts and Save Property
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 for 4323 Lancaster Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,537
—
$324,100
—
2024
$4,537
-10%
$324,100
-10%
2023
$5,057
—
$361,300
—
2022
$5,057
2%
$361,300
100%
2021
$4,934
—
-100%
2020
$4,934
1%
$352,500
1%
2019
$4,887
3%
$349,100
3%
2018
$4,745
-38%
$339,000
-38%
2017
$7,699
—
$550,000
—
2016
$7,699
4%
$550,000
—
2015
$7,370
—
$550,000
—
2014
$7,370
2523%
$550,000
18997%
2013
$281
—
$2,880
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by HomeSmart Realty Advisors, Steven Sooby

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4323 Lancaster Ave., Philadelphia, PA 19104 (MLS# PAPH2495326) is a Apartment property. 4323 Lancaster Ave. is currently listed for $920,000 and was received on June 17, 2025. Want to learn more about 4323 Lancaster Ave.? 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.

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