Two-Property Quadplex
For Sale
Contact for pricing
56 W Albemarle Ave, Lansdowne, PA 19050
Both buildings are fully occupied and include private entrances plus coin-operated laundry.
Property SizeContact for details
Days on Market143
Property Features for 56 W Albemarle Ave
General Information
Standard status
Active
Total Parking Spaces
8
Property subtype
Multifamily
Occupancy
100%
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
4 x 1BR, 1 x studio/1BA, 3 x 2BR/1BA
Multifamily Units
8
Amenities
coin operated laundry
storage units
Building Details
Buildings
2
Listing Agency:
Marcus & Millichap - Philadelphia
(215) 531-7093
Listed By:
Brian Higgins · License #PA RS335804
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 8:15PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Philadelphia
Investment Insights
Based on property information with market context.
This offering includes two separate four-unit multifamily buildings located approximately one-half mile apart. The property at 56 W. Albemarle Avenue is a two-story building with four one-bedroom apartments of approximately 700 sf each, individual entrances, four garages, and coin-operated laundry. Recent improvements include two newer hot water heaters and a newer boiler.
The four-story building at 75 W. Baltimore Avenue contains one studio one-bath apartment of approximately 350 sf and three two-bedroom one-bath apartments of approximately 800 sf each. It also provides four garages, private entrances, coin-operated laundry, and basement storage units. A newer boiler and two newer hot water heaters have been installed. Both properties are fully occupied and offer access to Routes 1 and 3, I476, and the Lansdowne Train Station. The buildings are in Lansdowne, less than one mile from Baltimore Avenue and Lansdowne Avenue, with dining and retail nearby.
The four-story building at 75 W. Baltimore Avenue contains one studio one-bath apartment of approximately 350 sf and three two-bedroom one-bath apartments of approximately 800 sf each. It also provides four garages, private entrances, coin-operated laundry, and basement storage units. A newer boiler and two newer hot water heaters have been installed. Both properties are fully occupied and offer access to Routes 1 and 3, I476, and the Lansdowne Train Station. The buildings are in Lansdowne, less than one mile from Baltimore Avenue and Lansdowne Avenue, with dining and retail nearby.
Key Highlights
- Two four‑unit multifamily buildings located approximately one‑half mile apart
- 56 W. Albemarle: four one‑bedroom units, approximately 700 sf each, plus four garages
- 75 W. Baltimore: one 350 sf studio and three 800 sf two‑bedroom units
Property Analytics
Current Use
Lease Details
8
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
856
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?
Quadplex - Both buildings are fully occupied and include private entrances plus coin-operated laundry.
Where is this quadplex located?
The property is located at 56 W Albemarle Ave Lansdowne, PA.
What are key features of this property?
This property features: Two four‑unit multifamily buildings located approximately one‑half mile apart; 56 W. Albemarle: four one‑bedroom units, approximately 700 sf each, plus four garages; 75 W. Baltimore: one 350 sf studio and three 800 sf two‑bedroom units
