$ 229,500
-
$229,500
Price -
3
Bed -
2
Bath -
1,400
SqFt
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About the Listing REBOSS1 - 3386479
The seller is requesting highest and best offers by Sunday, August 16th at 12:00 PM (noon). INVESTOR & OWNER-OCCUPANT OPPORTUNITY | WYNNEFIELD Position yourself to capitalize on a versatile income-producing asset in Philadelphia’s desirable Wynnefield neighborhood. This well-maintained duplex combines existing rental income, strong rent potential, and value-add upside—making it an attractive opportunity for investors and strategic owner-occupants alike. Unit 1 is vacant and move-in ready, offering 2 spacious bedrooms, 1 bathroom, modern updates, and a private balcony. An owner-occupant can move in while benefiting from income generated by the second unit, or an investor can lease the unit and position the property for increased cash flow. Unit 2 features 1 bedroom and 1 bathroom and is currently occupied by a long-term tenant, providing rental income from day one. INCOME POTENTIAL: The 2-bedroom unit offers potential rents of $1,400+/month, while the 1-bedroom unit offers approximately $1,290+/month. Rental figures are estimates based on current market conditions; buyer to independently verify rents and rental potential. THE BIGGER OPPORTUNITY: This duplex may be purchased individually or strategically acquired with the neighboring legally zoned fourplex at 5400 Lebanon Ave—creating the opportunity to control SIX residential units across two adjacent properties. Conveniently positioned near shopping, public transportation, schools, and major roadways, this property offers both accessibility and long-term investment potential. Whether your strategy is house hacking, portfolio expansion, rental income, or acquiring neighboring multifamily assets, this is an opportunity worth serious consideration. Schedule your private showing and evaluate the numbers for yourself.
Listing Highlights
Interior Details
- Bedrooms: 3
- Bathrooms: 2 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Baseboard - Electric
- Fireplaces: 1, Non-Functioning,1 Fireplace
- Floor:
- Above Ground Sq Ft: 1400
- Below Ground Sq Ft: 0
- Basement: Garage Access
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: 1 car
- Parking Spaces: 1
- Lot Dimensions: 16X113
- Zoning: RSA5
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Additional Storage Area,Basement Garage,Alley,Attached Garage,Off Street,On Street,1+ Spaces
Financial Details
- Tax Amount: $2,696
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
5402 Lebanon Ave Philadelphia, PA 19131
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