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Mixed-Use Building with Residential Units
For Sale
$360,000

4602 LANCASTER Avenue, Philadelphia, PA 19131

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property Size2,790 SF
Lot Size0.05 Acres
Price / SF$129.03
Days on Market463

Property Features for 4602 LANCASTER Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Basement
Parking features On Street
Elementary school district THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district THE SCHOOL DISTRICT OF PHILADELPHIA
High school district THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status Active
Size 2,790 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 3031

Utilities

Heating system Baseboard, Hot Water(Heating)

Building Details

Year built 1915
Number of units 2
Building materials Masonry
Architectural style Other
Listing Agency: Target Realty · Century 21 Real Estate
Listed By: Shengfei Lin · License #RS330620
Added: Apr 29, 2025 Changed: Jun 12 Last Checked: Aug 4 at 4:06AM
MLS# PAPH2476618

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 mixed-use property is configured as a multi-level building with defined spaces across the first through third floors. The first floor includes a former office setup with a full bath, powder room, kitchen, one bedroom, storage room, and access to a small backyard. The second floor features two living rooms, a kitchen, one bedroom, and a full bath.

The third floor provides two large rooms. A high-ceiling basement is included, along with two heaters and separate meters, which can support more straightforward utility separation. The property is located at 4602 Lancaster Avenue in Philadelphia, PA.

The layout can fit tenants or owners seeking flexible use, with a first-floor office-oriented area and residential living space above. It may also appeal to buyers interested in a live-work configuration, subject to their intended use. The property is being sold as-is.

Key Highlights

  • Mixed‑use property in a rapidly developing area
  • Separate meters for each unit
  • First floor includes office space with full bath, kitchen, and bedroom

Property Analytics

Current Use

Office Units

Suggested Use

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Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,372
Businesses Nearby

Demographics for 19131, PA

42,705
Population
22,826
Households
1.9
Avg Household Size
38
Median Age
30%
College-Educated
92%
High-School Grad
5.3 sq mi
ZIP Area
8,058
Density / Sq Mi
$46,057
Median Household Income
$40,052
Median Earnings
$1,312
Median Rent
$163,900
Median Home Value

Market

Average Price Trend$/SF for Mixed-use properties in Philadelphia, PA

Feb
$190 Mar
$206 Apr
$211 May
$206 Jun
$234 Jul

Properties on Market for Mixed-use properties in Philadelphia

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Office in Philadelphia, PA

14.2% 2019
14.1% 2020
16.2% 2021
19% 2022
20.5% 2023
19.6% 2024
19.7% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three-level mixed-use building with multiple living areas, separate meters, and a high-ceiling basement.
Where is this mixed-use property located?
The property is located at 4602 LANCASTER Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Mixed‑use property in a rapidly developing area; Separate meters for each unit; First floor includes office space with full bath, kitchen, and bedroom
More about this property
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