1215 W Lehigh Ave – Philadelphia, PA
  • Buy $220,000

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Description

Investors—here’s a rare opportunity to add a legal 3-story, 5-unit building to your portfolio in one of Philadelphia’s fastest-developing multifamily corridors. Located directly on W Lehigh Ave, this property sits beside new construction and offers incredible upside for BRRRR buyers, long-term holders, and developers who understand the power of by-right density in RM1 zoning.

This building is already structured as a true 5-unit, eliminating the uncertainty of zoning variances and giving you a clean path to reposition, renovate, and stabilize for strong cash flow. With an ARV range of $340K–$385K and a realistic entry price under $110K, this is a textbook value-add deal.

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Details

Updated on December 16, 2025 at 8:47 pm
  • Property ID SA27810
  • Price Buy $220,000
  • Property Size 2368
  • Land size 1560
  • Units 5
  • Year Built 1920
  • Property Type Multi-Family Property
  • Property Status For Sale
  • Tax 924
  • Deposit 5000
  • Zoning RM1
  • Address: 1215 W Lehigh Ave, Philadelphia, PA 19133, USA
  • City: Philadelphia
  • State/county: Pennsylvania
  • Zip/Postal Code: 19133
  • Area: Glenwood

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