Leased Two-Unit
For Sale
$224,900
6625 LANSDOWNE AVE, Philadelphia, PA 19151
Two separately leased apartments with durable flooring and staggered lease expirations.
Property Size1,290 SF
Price / SF$174.34
Days on Market97
Property Features for 6625 LANSDOWNE AVE
General Information
Standard status
Active
Size
1,290 SF
Property subtype
Multi-family
Occupancy
100%
Units
Unit Mix
1 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units
2
Listing Agency:
Keller Williams Main Line
(610) 520-0100
Listed By:
James William Kennedy IV · License #RS369076
(215) 267-8479
Source:
Davidyungmann.myrealestateplatform
Added: Jul 18
Changed: Oct 15
Last Checked: Oct 20 at 8:25PM
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 Keller Williams Main Line
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Investment Insights
Based on property information with market context.
This 1,290-square-foot duplex contains two separately configured apartments and is fully leased. The first unit has 1 bedroom and 1 bathroom, while the second provides 2 bedrooms and 1 bathroom. Both apartments use luxury vinyl plank flooring throughout, with tile in the bathrooms for a practical, durable finish.
The leases run on different schedules, with the 1-bedroom apartment committed through September 2026 and the 2-bedroom apartment leased through May 31, 2027. The property is located at 6625 Lansdowne Ave in Philadelphia, PA 19151.
The leases run on different schedules, with the 1-bedroom apartment committed through September 2026 and the 2-bedroom apartment leased through May 31, 2027. The property is located at 6625 Lansdowne Ave in Philadelphia, PA 19151.
Key Highlights
- 1,290‑square‑foot duplex with two separately configured units
- Unit mix includes 1 bedroom/1 bathroom and 2 bedrooms/1 bathroom
- Both apartments are currently leased
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,291
Cap Rate
9.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$405,820
$405.8K
Cap Rate 7%
$289,871
$289.9K
Cap Rate 9%
$225,456
$225.5K
Market Conditions
NOI Build-Up for 1,290 SF
Gross rent
$39.2K $30.36/SF
− Vacancy
−$2.3K −$1.76/SF
EGI
$36.9K $28.60/SF
− OpEx
−$16.6K −$12.87/SF
NOI
$20.3K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$405,820
Cap Rate 7%
$289,871
Cap Rate 9%
$225,456
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 authorities.
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
795
Businesses Nearby
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Business Placement
Demographics for 19151, PA
30,394
Population
15,084
Households
2
Avg Household Size
39
Median Age
28%
College-Educated
93%
High-School Grad
2.4 sq mi
ZIP Area
12,664
Density / Sq Mi
$58,046
Median Household Income
$42,504
Median Earnings
$1,167
Median Rent
$181,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separately leased apartments with durable flooring and staggered lease expirations.
Where is this duplex located?
The property is located at 6625 LANSDOWNE AVE 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: 1,290‑square‑foot duplex with two separately configured units; Unit mix includes 1 bedroom/1 bathroom and 2 bedrooms/1 bathroom; Both apartments are currently leased
