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$397,700
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Property Description
Excellent Investment Opportunity on Lancaster Ave! Spacious mixed-use property in a rapidly developing corridor. The **first floor** includes a former office space with a full bath, powder room, kitchen, one bedroom, storage room, and access to a small backyard. The **second floor** offers 2 living rooms, a kitchen, 1 bedroom, and a full bath. The **third floor** features 2 large rooms with great potential. High-ceiling basement, 2 heaters, and **separate meters**. Ideal for investors or live/work use. Property is being **sold as-is**. Prime location with high visibility and strong upside-don't miss out!
Full Property Details
Full Property Details for 4602 Lancaster Ave
General
- Price: $397,700
- Taxes: $3,031 (2025)
- Status: Active
- Type: Commercial Service
- Source: BrightMLSPhilly
- MLS ID: PAPH2476630
- Updated: 1/2/2026
- Added to Site: 266 day(s) ago
Business
- Business Type: Day Care Facility, Hair Salon and Spa, Health Club, M
Interior
- Flooring: Wood, Vinyl
Parking
- Parking Type: On Street
Location
- Area: 19131 (19131)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: 46th and lancaster ave
- Location Details: Business District
Heating & Cooling
- Cooling Type: None
- Cooling Fuel: Natural Gas
- Heating Type: Baseboard - Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Building Size: 2790
- Year Built: 1915
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 1,990
- Lot Size Source: Estimated
- Lot Dimensions: 20.00 x 100.00
- Zoning: CMX2
Financial Considerations
- Price Per Sq. Ft.: $142.54
- Assessment Year: 2025
- School Tax: $1,697
- City/TownTax: $1,334
- City/TownTax Freq: Annually
- Tax w/Assessment: $216,600
- Tax Amount: $3,031
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenants personal property
- Lot Number: 254
Listed by Target Realty, Shengfei Lin
Get Pre-Approved Today
Schools
Schools serving 4602 Lancaster Ave
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Washington Martha School 766 North 44th Street, Philadelphia, PA 19104 | K-8 | 0.3 mi |
West Philadelphia High School 4901 Chestnut Street, Philadelphia, PA 19139 | 9-12 | 0.8 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 4602 Lancaster Ave
Date
Details
Price
Change
Source
1/02/2026
Price Reduced
$397,700
-0.03%
MLS
11/17/2025
Price Reduced
$397,800
-0.03%
MLS
11/01/2025
Price Reduced
$397,900
-0.02%
MLS
9/09/2025
Price Reduced
$397,980
—
MLS
8/14/2025
Price Reduced
$397,990
—
MLS
4/29/2025
Listed
$398,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4602 Lancaster Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,032
—
$216,600
—
2024
$3,032
241%
$216,600
100%
2021
$890
-74%
-100%
2023
$3,445
287%
$246,100
287%
2020
$890
4%
$63,600
4%
2019
$858
-14%
$61,300
-14%
2018
$994
—
$71,000
—
2017
$994
—
$71,000
—
2016
$994
-73%
$71,000
-74%
2015
$3,698
—
$276,000
—
2014
$3,698
543%
$276,000
4588%
2013
$575
—
$5,888
—
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 4602 Lancaster Ave
4602 Lancaster Avenue, Philadelphia, PA 19131 (MLS# PAPH2476630) is a Commercial Service property. 4602 Lancaster Avenue is currently listed for $397,700 and was received on April 29, 2025. Want to learn more about 4602 Lancaster Avenue? Do you have questions about finding other Commercial Service real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

