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Leased Duplex with Separate Units
For Sale
$224,900

6625 LANSDOWNE Avenue, Philadelphia, PA 19151

Multi-Family, PHILADELPHIA, PA

Property Size1,290 SF
Lot Size0.03 Acres
Price / SF$174.34
Days on Market161

Property Features for 6625 LANSDOWNE Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Parking features On Street
Subdivision OVERBROOK
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Size 1,290 SF
Lot size 0.03 Acres

Taxes and HOA fees

Tax Annual Amount 2694

Utilities

Heating system Hot Water(Heating)

Building Details

Year built 1910
Number of units 2
Building materials Masonry
Architectural style Other
Listing Agency: Keller Williams Main Line · Keller Williams Realty
Listed By: James William Kennedy IV · License #RS369076
Added: May 15 Changed: Oct 3 Last Checked: Oct 22 at 8:06AM
MLS# PAPH2622758

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.

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Investment Insights

Based on property information with market context.

Located at 6625 Lansdowne Avenue in Philadelphia, this 1,290-square-foot duplex contains two separately configured apartments. The first unit has 1 bedroom and 1 bathroom, while the second provides 2 bedrooms and 1 bathroom. Both residences use luxury vinyl plank flooring throughout, with tile in the bathrooms. Masonry construction, hot-water heating, and on-street parking are also part of the property’s physical profile.

Each apartment is leased under a separate agreement. The 1-bedroom unit has a lease running through September 2026, and the 2-bedroom unit is committed through May 31, 2027. Built in 1910 on a 0.0347-acre lot, the property offers an established duplex configuration with staggered lease expirations and differentiated unit layouts.

Key Highlights

  • Two separately configured apartments with 1‑bedroom/1‑bathroom and 2‑bedroom/1‑bathroom layouts
  • 1,290 square feet on a 0.0347‑acre lot
  • Lease term for the 1‑bedroom unit extends through September 2026

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 (±1% cap)
NOI $22,014 @ 7.0% cap · market cap 9.79%
Second Best
Apartment 5plus
$289.9K
$253.6K – $338.2K (±1% cap)
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. How Realmo checks its estimates

Property Analytics

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

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

795
Businesses Nearby

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
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?
Duplex - Two apartments offer distinct layouts with durable flooring and active lease terms extending into 2026 and 2027.
Where is this duplex located?
The property is located at 6625 LANSDOWNE Avenue 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: Two separately configured apartments with 1‑bedroom/1‑bathroom and 2‑bedroom/1‑bathroom layouts; 1,290 square feet on a 0.0347‑acre lot; Lease term for the 1‑bedroom unit extends through September 2026
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