Multifamily Development Opportunity in
For Sale
$1,200,000
12 S WYCOMBE Avenue, Lansdowne, PA 19050
LAND - LANSDOWNE, PA
Property Size1,085 SF
Lot Size0.69 Acres
Price / SF$1,105
Days on Market114
Property Features for 12 S WYCOMBE Avenue
General Information
Property type
Land
Property subtype
Other
Elementary school district
WILLIAM PENN
Middle school district
WILLIAM PENN
High school district
WILLIAM PENN
Standard status
Active
Size
1,085 SF
Lot size
0.69 Acres
Taxes and HOA fees
Tax Annual Amount
21130
Listing Agency:
Mallin Panchelli Nadel Realty Inc
(215) 413-4900
Listed By:
Samantha Lee Miller · License #RS352351
(215) 692-3107
Added: Apr 21
Changed: Jun 9
Last Checked: Aug 12 at 10:06PM
MLS# PADE2113258
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 is an exclusive opportunity to purchase 12 S. Wycombe Avenue, a site approved for the development of a 42-unit multifamily property in Lansdowne, PA. Zoning approval has been secured for 41 apartments and 1,085 square feet of commercial space, along with 11 on-site parking spaces. The apartment mix includes 32 one-bedroom, one-bath units, 4 two-bedroom, one-bath units, and 5 two-bedroom, two-bath units. The site consists of three parcels located at 2 S Wycombe Ave, 10 S Wycombe Ave and 12 S Wycombe Ave, totaling 30,170 square feet. The property is located on the corner of S. Wycombe Ave and Baltimore Ave, in Lansdowne's main commercial corridor. This site presents a development opportunity in Lansdowne, a transforming neighborhood that includes the restoration of Lansdowne Theatre and a recently passed bill allowing alcohol sales. The property is located within a Qualified Opportunity Zone (QOZ), offering potential tax incentives and strategic benefits for investors and developers.
Key Highlights
- 42‑unit multifamily development opportunity at 12 S. Wycombe Ave in Lansdowne, PA
- Zoning approval includes 41 apartments plus 1,085 SF of commercial space
- Approved apartment mix: (32) 1BR/1BA, (4) 2BR/1BA, and (5) 2BR/2BA
Property Analytics
Property Profile
Current Use
Lease Details
41
Residential units
Location Intelligence
Trade Area within ½ mile
1,317
Businesses Nearby
Explore this area
Business Placement
Demographics for 19050, PA
29,176
Population
12,695
Households
2.3
Avg Household Size
40
Median Age
30%
College-Educated
92%
High-School Grad
3.7 sq mi
ZIP Area
7,885
Density / Sq Mi
$62,517
Median Household Income
$44,408
Median Earnings
$1,166
Median Rent
$188,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 42-unit multifamily development opportunity in transforming Lansdowne, PA.
Where is this apartment building located?
The property is located at 12 S WYCOMBE Avenue Lansdowne, PA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 42‑unit multifamily development opportunity at 12 S. Wycombe Ave in Lansdowne, PA; Zoning approval includes 41 apartments plus 1,085 SF of commercial space; Approved apartment mix: (32) 1BR/1BA, (4) 2BR/1BA, and (5) 2BR/2BA
