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Masonry Triplex with Attached Garage
For Sale
$399,900

5556 LANSDOWNE Avenue, Philadelphia, PA 19131

Multi-Family, PHILADELPHIA, PA

Property Size1,920 SF
Lot Size0.03 Acres
Price / SF$208.28
Days on Market334

Property Features for 5556 LANSDOWNE Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Rooms Basement
Parking 1
Parking features Garage - Attached
Subdivision NONE AVAILABLE
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Special listing conditions In Foreclosure
Standard status Active
Size 1,920 SF
Lot size 0.03 Acres

Taxes and HOA fees

Tax Annual Amount 2322

Utilities

Heating system Hot Water(Heating)

Building Details

Year built 1925
Floors in Building 2
Number of units 3
Building materials Masonry
Architectural style Contemporary
Listing Agency: Orens Brothers Real Estate Inc
Listed By: Delea T Simmons · License #RS270761
Added: Dec 1, 2025 Changed: Oct 8 Last Checked: Oct 31 at 1:06AM
MLS# PAPH2558560

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.

Rey
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Investment Insights

Based on property information with market context.

This 1,920-square-foot triplex is a masonry-built property dating to 1925. The building includes a basement, hot-water heating, and an attached garage. Its contemporary architectural style and mixed-use configuration provide the defining physical characteristics of the asset.

Located at 5556 Lansdowne Avenue in Philadelphia, the property occupies 0.031 acres. Commercial businesses are situated at the other three corners surrounding the property, providing an established commercial context. The building is offered for sale, with furnished acquisition referenced in the property information.

Key Highlights

  • 1,920‑square‑foot triplex on 0.031 acres
  • Masonry construction with 1925 vintage
  • Attached garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,765
Cap Rate
8.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$655,300 $655.3K
Cap Rate 7%
$468,071 $468.1K
Cap Rate 9%
$364,056 $364.1K
Market Conditions
NOI Build-Up for 1,920 SF
Gross rent
$49.5K $25.80/SF
− Vacancy
−$2.7K −$1.42/SF
EGI
$46.8K $24.38/SF
− OpEx
−$14.0K −$7.31/SF
NOI
$32.8K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$655,300
Cap Rate 7%
$468,071
Cap Rate 9%
$364,056

Alternative Uses

Best Use
Multifamily LT 5
$468.1K
$409.6K – $546.1K (±1% cap)
NOI $32,765 @ 7.0% cap · market cap 8.19%
Second Best
Apartment 5plus
$431.4K
$377.5K – $503.4K (±1% cap)
NOI $30,201 @ 7.0% cap · market cap 7.55%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

AISHA UNISEX SALON Hair Salon Boyermah Electronics Services ... Corporate Office

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Skin Care Clinic Cafe & Coffee Shop

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

1,261
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Mixed-use property with a basement, hot-water heating, and an attached garage.
Where is this triplex located?
The property is located at 5556 LANSDOWNE Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 1,920‑square‑foot triplex on 0.031 acres; Masonry construction with 1925 vintage; Attached garage
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