Leased Duplex with Two
6625 LANSDOWNE Avenue Philadelphia, PA 19151
6625 LANSDOWNE Avenue, Philadelphia, PA, 19151
$224,900
For Sale
$224,900
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size1,290 SF
Lot Size0.03 Acres
Price / SF$174.34
Days on Market67
Property Features for 6625 LANSDOWNE Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Standard status
- Active
- Size
- 1,290 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2694
Utilities
- Heating system
- Hot Water(Heating)
Building Details
- Year built
- 1910
- Number of units
- 2
- Building materials
- Masonry
- Architectural style
- Other
Listing Agency
Keller Williams Main Line
(610) 520-0100
6 Coulter Avenue unit: 2, Ardmore, PA
Listed by
James William Kennedy IV · License #RS369076
(215) 267-8479
Added: May 15 Updated: Jun 11 at 10:51 am Checked: Jul 20 at 8:06 pm
MLS# PAPH2622758
Listing URL
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained duplex offers two separately configured rental units. Unit 1 is a 1-bedroom, 1-bath apartment currently leased for $950 per month plus a $35 monthly water fee, with a lease term in place through September 2026. Unit 2 is a 2-bedroom, 1-bath apartment leased for $1,000 per month plus a $45 monthly water fee, with a lease extending through May 31, 2027.
The property includes durable, low-maintenance interior finishes, with luxury vinyl plank flooring throughout and tile flooring in both bathrooms. The duplex configuration provides two distinct living spaces, allowing for flexible tenant use across the property.
For buyers seeking a residential income property, this duplex is being sold fully leased, supporting straightforward operations from day one. With both units currently under lease and defined monthly rent plus water-fee amounts, it can offer a practical setup for an owner-operator or an investor adding another multi-unit asset to their portfolio. At 6625 Lansdowne Avenue, the location is in Philadelphia (19151).
The property includes durable, low-maintenance interior finishes, with luxury vinyl plank flooring throughout and tile flooring in both bathrooms. The duplex configuration provides two distinct living spaces, allowing for flexible tenant use across the property.
For buyers seeking a residential income property, this duplex is being sold fully leased, supporting straightforward operations from day one. With both units currently under lease and defined monthly rent plus water-fee amounts, it can offer a practical setup for an owner-operator or an investor adding another multi-unit asset to their portfolio. At 6625 Lansdowne Avenue, the location is in Philadelphia (19151).
Key Highlights
- Duplex built in 1910 with masonry construction and hot water heating
- Fully leased with Unit 1 (1BD/1BA) rented for $950/month + $35 monthly water fee through Sep 2026
- Unit 2 (2BD/1BA) leased for $1,000/month + $45 monthly water fee through May 31, 2027
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.2k | $30.36 |
| − Vacancy | −$2.3k | −$1.76 |
| EGI | $36.9k | $28.60 |
| − OpEx | −$16.6k | −$12.87 |
| NOI | $20.3k | $15.73 |
1,290 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$314.5K
$275.2K – $366.9K
NOI $22,014 @ 7.0% cap · market cap 9.79%
Second Best
Apartment 5plus
$289.9K
$253.6K – $338.2K
NOI $20,291 @ 7.0% cap · market cap 9.02%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Turnkey, fully leased duplex featuring two separately configured apartments with durable finishes and long lease terms.
Where is this duplex located?
The property is located at 6625 LANSDOWNE Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: Duplex built in 1910 with masonry construction and hot water heating; Fully leased with Unit 1 (1BD/1BA) rented for $950/month + $35 monthly water fee through Sep 2026; Unit 2 (2BD/1BA) leased for $1,000/month + $45 monthly water fee through May 31, 2027
