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$369,900
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Property Description
### **Social Media & MLS Summary** **Unbeatable Investor Opportunity!** This prime corner-lot mixed-use property is a cash-flow engine with massive built-in equity. The building features a successful ground-floor barbershop and **four additional apartment units**. Three units are 100% rent-ready for immediate income, while the fourth is a large shell-perfect for a value-add conversion into a premium 2-3 bedroom or two 1-bedroom units. Priced **well under ARV**, this deal leaves plenty of room for a strong equity position. Don't miss this chance to buy, rehab, and scale your portfolio instantly!
Full Property Details
Full Property Details for 5501 Lansdowne Ave
General
- Price: $369,900
- Taxes: $3,064 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PAPH2577886
- Updated: 3/6/2026
- Added to Site: 48 day(s) ago
Business
- Business Type: Apartment Building, Hair Salon and Spa
Interior
- Flooring: Laminated
Rooms
Bathrooms
- Restrooms: 6
Parking
- Parking Type: On Street
Location
- Area: 19131 (19131)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: WEST PHILADELPHIA
- Cross Streets: 55th St.
- Driving Directions: Lansdowne Ave to 55th Street
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water, Radiator, Baseboard - Electric
- Heating Fuel: Natural Gas, Electric
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Roof: Flat
- Stories/Levels: 3
- Building Size: 4191
- Sq. Ft. Source: Assessor
- Year Built: 1915
- Year Built Source: Assessor
- Property Condition: Very Good, Major Rehab Needed
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,086
- Lot Size Source: Assessor
- Lot Dimensions: 20.00 x 101.00
- Zoning: CMX2
- Lot Description: Corner
Financial Considerations
- Price Per Sq. Ft.: $88.26
- Assessment Year: 2025
- School Tax: $1,715
- City/TownTax: $1,348
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $218,900
- Tax Amount: $3,064
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenant's personal property
- Lot Number: 46
Listed by Perfect Place Real Estate Co., Jennifer L Bennett
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Schools
Schools serving 5501 Lansdowne Ave
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Heston Edward School 1621 North 54th Street, Philadelphia, PA 19131 | K-6 | 0.1 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 5501 Lansdowne Ave
Date
Details
Price
Change
Source
1/23/2026
Listed
$369,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5501 Lansdowne Ave
5501 Lansdowne Avenue, Philadelphia, PA 19131 (MLS# PAPH2577886) is a Apartment property. 5501 Lansdowne Avenue is currently listed for $369,900 and was received on January 23, 2026. Want to learn more about 5501 Lansdowne 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.

