New - 5 days on Rocket
$9,190 Closing Credit¹
#PAPH2438050, Nathan S Naness, Listing Office: KW Empower
$8,609
closing credit¹
4025 Lancaster Ave Philadelphia, PA 19104
$725,000 List price
$8,609
Closing credit¹
3,023 sqft
0.04 acres
$240 / sqft
Multi-Family
Property details
About 4025 Lancaster Ave
Welcome to this fantastic property located in an “opportunity zone”, with incredibly low taxes, on bustling Lancaster Ave, in the vibrant West Powelton neighborhood of West Philadelphia. This unique Quadplex offering consists of three residential units and one commercial space, presenting an incredible investment opportunity in a prime location. Every unit is currently rented except for the commercial space. The street level commercial space features a convenient half bath, offering versatility for a variety of business endeavors. Unit 1 is a spacious bilevel 1 bedroom/1 bath layout, boasting a private washer & dryer and access to a large back yard, perfect for outdoor relaxation and entertainment. Unit 2 offers a comfortable floorplan, a 1 bed/1 bath layout with its own laundry facilities. Unit 3 is a spacious & stylish 2 bedroom/2 bath residence, also complete with the convenience of an in-unit washer & dryer and access to a delightful roof deck, providing a serene retreat with panoramic views. The roof deck and large yard contribute to the desirability of this property, offering outdoor spaces for residents to enjoy. Conveniently situated in close proximity to Penn, Drexel, and St. Joe's Universities, this property presents an exceptional opportunity for rental income and future growth potential. Whether you're looking to expand your investment portfolio or establish a new venture, this property is a must-see for those seeking a prime location with endless possibilities. Ample storage unit space in the basement & separately metered. Don't miss out on the chance to own this remarkable property in the heart of West Philly with extremely low operating costs – schedule your showing today and seize this incredible investment opportunity! Tax abatement pending.
Highlights
Home typeQuadruplex
HeatingForced Air
StatusActive
(ACTIVE)
(ACTIVE)
CoolingCentral Air
Size3,023 sqft
Lot size0.04 Acres
Year built1915
ParkingOn Street
MLS #PAPH2437276
ViewPanoramic
Summary
- MLS Number: PAPH2437276
- MLS Name: BRIGHT
- Office Name: Compass Pennsylvania, LLC
- Office Phone: (267) 435-8015
- Office Email: marianne.dillon@compass.com
- Listing Agent: Laurie M Murphy
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 9:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$725,000
4025 Lancaster Ave
$8,609
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 28, 2022 | Home Sold | $145,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $104,500 | $1,462 |
| 2022 | $104,500 | $1,338 |
| 2021 | $- | $1,338 |
| 2020 | $95,600 | $1,338 |
| 2019 | $94,900 | $1,328 |
| 2018 | $95,000 | $1,329 |
| 2017 | $140,000 | $1,959 |
History based on county public records data.
Nearby schools
5
Samuel Powel Elementary School
Public District KG-4
0.5 mi
•301 N 36th St
3
Inquiry Charter School
Public Charter PK-5
0.9 mi
•1301 Belmont Ave
3
Universal Institute Charter School at Bluford
Public Charter KG-6
1.9 mi
•5801 Media St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $19,630. Typical income of Philadelphia, PA residents is less than $<35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
77%
<35k
16%
35k-100k
8%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
60%
Single, No Kids
26%
Single, with Kids
7%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
10%
12-17 yrs old
25%
18-34 yrs old
38%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Boston Market
Little Caesars
What do the neighbors drive?
Kia
Honda
Dodge
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 4025 Lancaster Ave in Philadelphia, PA and zip code 19104 in the Belmont neighborhood. This 3,023 square foot home, which was built in 1915, sits on a 0.04 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 21, 2025 and is currently priced at $725,000.
While more than 152 listings in Philadelphia, PA in January 2025 were sold above asking price, there were more than 186 listings sold at asking price, and more than 457 were sold below. Between December and January 2025, Philadelphia, PA real estate market has seen increase in the number of listings by 3.5%. In January 2025, listings were on the market for 52 days. During the same period, the median list price in this real estate market was $266,945.
From Rocket Homes Real Estate and based on county public records data.