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$229,500
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Property Description
The seller is requesting the highest and best offers by Sunday, August 16th at 12:00 PM (noon). INVESTOR ALERT & OWNER-OCCUPANT OPPORTUNITY in desirable Wynnefield! This well-maintained duplex offers the perfect combination of immediate rental income, value-add potential, and flexibility for investors or buyers looking to house hack. Unit 1 is vacant and move-in ready, featuring 2 spacious bedrooms, 1 bathroom, recent updates with modern finishes, and a private, serene balcony. Live in one unit while generating income from the other, or lease both units to maximize the property's earning potential! Unit 2 features 1 bedroom and 1 bathroom and is currently occupied by a long-term tenant, providing rental income from day one. Located near shopping, public transportation, schools, and major roadways, this property offers convenience along with strong income potential. EVEN BETTER-purchase this property separately or create a larger investment opportunity by purchasing it together with the neighboring, legally zoned fourplex at 5400 Lebanon Ave! Whether you're an investor looking to expand your portfolio, an owner-occupant looking to offset your mortgage with rental income, or a buyer searching for a value-add opportunity, this Wynnefield property deserves a closer look. Schedule your showing and explore the possibilities! Buyer responsible for verifying all rental rates, PHA standards, and zoning.
Full Property Details
Full Property Details for 5402 Lebanon Ave
General
- Price: $229,500
- Taxes: $2,696 (2026)
- Status: Under Contract
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PAPH2653438
- Updated: 8/20/2026
- Added to Site: 32 day(s) ago
Interior
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Non-Functioning
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Upper Floor Baths: 1
- Upper - Full Baths: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Upper: 1
- Bedrooms Main & Up: 2
Additional Information
- Security/Safety: Smoke Detector, Carbon Monoxide Detector(s)
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Type: On Street, Off Street, Alley, Attached Garage
- Garage Description: Basement Garage, Additional Storage Area
Location
- Area: 19131 (19131)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: WYNNEFIELD
- Driving Directions: Head east on City Ave. Turn right onto N 54th Street. Go about 0.3 miles (3 blocks). Turn left onto Lebanon Avenue
School Information
- School District: Philadelphia City
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Structure Type: Interior Row/Townhouse
- Construction: Brick
- Basement: Yes
- Basement Desc.: Garage Access
- Foundation: Brick/Mortar
- Stories Description: Main, Upper 1
- Square Feet: 1,400
- Sq. Ft. Source: Assessor
- Living Area: 1,400 Sq. Ft.
- Finished Above Grnd: 1,400 Sq. Ft.
- Year Built: 1920
- Year Built Source: Estimated
Lot Features
- Lot Size (Sq. Ft.): 1,808
- Lot Size Source: Estimated
- Lot Dimensions: 16 x 113
- Zoning: RSA5
Financial Considerations
- Price Per Sq. Ft.: $163.93
- School Tax: $1,509
- County Tax Freq: Annually
- Tax w/Assessment: $192,600
- Tax Amount: $2,696
- Tax Year: 2026
- Tax Total Finished Sq. Ft.: 1400
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 7010
Listed by Real Estate Bosses, Sharita S Price
Get Pre-Approved Today
Schools
Schools serving 5402 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 5402 Lebanon Ave
Date
Details
Price
Change
Source
7/29/2026
Listed
$229,500
—
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 5402 Lebanon Ave
Year
Property Taxes
Change
Tax Assessment
Change
2026
$2,696
—
$232,800
21%
2025
$2,696
—
$192,600
—
2024
$2,696
-14%
$192,600
-14%
2023
$3,151
61%
$225,100
100%
2021
$1,954
—
-100%
2020
$1,954
127%
$139,600
127%
2019
$861
—
$61,500
—
2018
$861
—
$61,500
—
2017
$861
—
$61,500
—
2016
$861
-15%
$61,500
-19%
2015
$1,013
—
$75,600
—
2014
$1,013
-33%
$75,600
388%
2013
$1,513
—
$15,488
—
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 5402 Lebanon Ave
5402 Lebanon Avenue, Philadelphia, PA 19131 (MLS# PAPH2653438) is a Townhouse property with 3 bedrooms and 2 full bathrooms. 5402 Lebanon Avenue is currently listed for $229,500 and was received on July 29, 2026. Want to learn more about 5402 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.

