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$449,900
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Property Description
Exceptional investment opportunity! This legally zoned fourplex is being offered fully vacant, providing the flexibility to set your own rents or occupy a unit while generating income from the others. The building consists of one spacious 2-bedroom apartment, one 1-bedroom apartment featuring a private balcony, and two studio apartments. Located in the desirable 19131 zip code, the property offers strong rental income potential. The 2-bedroom unit offers potential rents of $1,400+/month, the 1-bedroom unit approximately $1,290+/month, and studio units $1,000+/month. Rental amounts are estimates based on current market conditions; buyer to independently verify rents and rental potential. This property may be purchased individually or as part of a package with the neighboring duplex at 5402 Lebanon Ave, creating an outstanding opportunity to expand your investment portfolio. It is conveniently located near City Avenue, public transportation, shopping, major highways, and universities. Strong income potential, recent updates, and a fully vacant building make this a rare opportunity-prepare your offer today! Buyer responsible for verifying zoning, rental rates, and all property information.
Full Property Details
Full Property Details for 5400 Lebanon Ave
General
- Price: $449,900
- Taxes: $3,859 (2026)
- Status: Active
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PAPH2653456
- Updated: 8/24/2026
- Added to Site: 70 day(s) ago
Parking
- Total Spaces: 1
- Parking Features: Private, Paved Driveway
- Parking Type: Off Street, On Street, Alley
Location
- Area: 19131 (19131)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: WYNNEFIELD
- Cross Streets: 54th Street
- Driving Directions: Turn onto N. 54th Street, then left onto Lebanon Avenue. Property is on the left. Conveniently located just minutes from City Avenue, I-76, Fairmount Park, shopping, public transportation, and Center City.
School Information
- School District: Philadelphia City
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Radiator
- Heating Fuel: Natural Gas, Electric
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Structure Type: End of Row/Townhouse
- Construction: Masonry, Brick, Stucco
- Basement: Yes
- Basement Entrance: Yes
- Basement Desc.: Fully Finished, Side Entrance
- Foundation: Brick/Mortar
- Square Feet: 2,976
- Sq. Ft. Source: Assessor
- Living Area: 2,976 Sq. Ft.
- Finished Above Grnd: 2,976 Sq. Ft.
- Year Built: 1920
- Year Built Source: Estimated
Unit Information
- Other Units: Unit 1, Unit 1, Unit 1, Unit 1
Lot Features
- Lot Size (Sq. Ft.): 1,939
- Lot Size Source: Estimated
- Zoning: RSA5
Financial Considerations
- Price Per Sq. Ft.: $151.18
- School Tax: $2,161
- Tax w/Assessment: $404,100
- Tax Amount: $3,859
- Tax Year: 2026
- Tax Total Finished Sq. Ft.: 2976
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 7018
Listed by Real Estate Bosses, Sharita S Price
Get Pre-Approved Today
Schools
Schools serving 5400 Lebanon Ave
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Blankenburg Rudolph School 4600 West Girard Avenue, Philadelphia, PA 19131 | 7-8 | 1.4 mi |
Overbrook High School, Philadelphia, PA 5898 Lancaster Avenue, Philadelphia, PA 19131 | 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 5400 Lebanon Ave
Date
Details
Price
Change
Source
8/24/2026
Price Reduced
$449,900
-10%
MLS
7/30/2026
Listed
$499,900
—
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 5400 Lebanon Ave
Year
Property Taxes
Change
Tax Assessment
Change
2026
$3,859
—
$404,100
47%
2025
$3,859
—
$275,700
—
2024
$3,859
-13%
$275,700
-13%
2023
$4,412
184%
$315,200
100%
2021
$1,552
—
-100%
2020
$1,552
4%
$110,900
4%
2019
$1,495
7%
$106,800
7%
2018
$1,396
—
$99,700
—
2017
$1,396
—
$99,700
—
2016
$1,396
4%
$99,700
—
2015
$1,336
—
$99,700
—
2014
$1,336
-18%
$99,700
499%
2013
$1,626
—
$16,640
—
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 5400 Lebanon Ave
5400 Lebanon Avenue, Philadelphia, PA 19131 (MLS# PAPH2653456) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 5400 Lebanon Avenue is currently listed for $449,900 and was received on July 30, 2026. Want to learn more about 5400 Lebanon Avenue? Do you have questions about finding other Townhouse real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

