5402 Lebanon Ave, PHILADELPHIA, PA

$229,500

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1,400

Square feet

0.04

Acres

About 5402 Lebanon Ave

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.

Features of 5402 Lebanon Ave

MLS® # PAPH2657802
Price $229,500
Bathrooms 0.00
Square Footage 1,400
Acres 0.04
Year Built 1920
Type Multi-Family
Sub-Type Duplex,Interior Row/Townhouse
Style Traditional
Status Active Under Contract

Community Information

Address 5402 Lebanon Ave
Area 19131
Subdivision WYNNEFIELD
City PHILADELPHIA
County PHILADELPHIA-PA
State PA
Municipality PHILADELPHIA
Zip Code 19131

Amenities

# of Garages 1
Garages Additional Storage Area, Basement Garage
Is Waterfront No

Interior

Heating Baseboard - Electric
Cooling Window Unit(s)
Has Basement Yes
Basement Garage Access
Fireplace Yes
# of Fireplaces 1

Exterior

Exterior Brick
Construction Brick
Foundation Brick/Mortar

School Information

District PHILADELPHIA CITY

Additional Information

Date Listed August 8th, 2026
Days on Market 13
Zoning RSA5
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeReal Estate Bosses

Listing Map

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