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$1,250,000
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Property Description
Turnkey 8-Unit Cash Cow delivering Powerful 7.4% Cap Rate with room to increase. **Prime CMX-2 Mixed-Use Investment Opportunity in Overbrook Farms section of Philadelphia. **Invest in immediate cash flow with this stabilized, fully leased 8-unit portfolio asset offering 6 apartments, 1 medical/rehabilitation center and 1 daycare facility. **Anchored by established commercial and residential tenancy, this commanding stone corner property delivers a powerful 7.4% Capitalization Rate from Day 1. **Fully rented with a proven track record of high occupancy. Meticulously maintained stone masonry structure. **CMX-2 zoning offers maximum flexibility for retail, medical office, and residential density. Situated in the heart of Overbrook Farms, a high-density neighborhood with strong demand for local services and housing and easy access to some of the region's best outdoor areas such as Fairmount Park. Just a short drive to City Line Avenue, St. Joseph's University and Lankenau Medical Center. This is a rare opportunity to acquire a high-performing asset in a high-barrier-to-entry market. Perfect for 1031 Exchange buyers seeking passive income.
Full Property Details
Full Property Details for 6522 Lebanon Ave
General
- Price: $1,250,000
- Taxes: $8,432 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PAPH2590780
- Updated: 3/12/2026
- Added to Site: 15 day(s) ago
Business
- Business Type: Day Care Facility, Apartment Building, Flex, Medical
Interior
- Flooring: Ceramic Tile, Hardwood, Laminated, Tile/Brick
Parking
- Total Spaces: 3
- Parking Type: Driveway, On Street, Parking Lot
Location
- Area: 19151 (19151)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: OVERBROOK FARMS
- Cross Streets: Atwood Rd
- Driving Directions: North on City Ave, right on N 66th St, left on Lebanon Ave
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Window Unit(s), Ceiling Fan(s)
- Cooling Fuel: Electric
- Heating Type: Other, Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electric Available, Natural Gas Available, Sewer Available, Water Available
Structural Information
- Construction: Masonry, Other
- Stories/Levels: 3
- Building Size: 9000
- Year Built: 1925
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,369
- Lot Size Source: Estimated
- Lot Dimensions: 48.00 x 99.00
- Zoning: CMX2
- Lot Description: Corner
Financial Considerations
- Price Per Sq. Ft.: $138.89
- Assessment Year: 2025
- Tax w/Assessment: $602,500
- Tax Amount: $8,432
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenant's personal property
- Investment: Yes
Listed by Elite Realty Group Unl. Inc., Alexander Molinski
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Schools
Schools serving 6522 Lebanon Ave
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Cassidy Lewis C Ac Plus School 7501 Woodbine Avenue, Philadelphia, PA 19151 | K-8 | 0.9 mi |
Overbrook High School, Philadelphia, PA 5898 Lancaster Avenue, Philadelphia, PA 19131 | 9-12 | 0.7 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 6522 Lebanon Ave
Date
Details
Price
Change
Source
3/12/2026
Listed
$1,250,000
8.7%
MLS
4/20/2022
Sold
$1,150,000
—
Public Record
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 6522 Lebanon Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,734
—
$195,300
—
2024
$2,734
—
$195,300
100%
2021
$2,734
—
-100%
2023
$2,734
—
$195,300
—
2020
$2,734
4%
$195,300
4%
2019
$2,632
—
$188,000
—
2018
$2,632
—
$188,000
—
2017
$2,632
—
$188,000
—
2016
$2,632
4%
$188,000
—
2015
$2,519
—
$188,000
—
2014
$2,519
3%
$188,000
654%
2013
$2,436
—
$24,928
—
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 6522 Lebanon Ave
6522 Lebanon Avenue, Philadelphia, PA 19151 (MLS# PAPH2590780) is a Apartment property. 6522 Lebanon Avenue is currently listed for $1,250,000 and was received on March 12, 2026. Want to learn more about 6522 Lebanon Avenue? Do you have questions about finding other Apartment real estate for sale in Center City East? You can browse all Center City East real estate or contact a Coldwell Banker agent to request more information.

