Video
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.
Details
Updated on December 16, 2025 at 8:47 pm-
Property ID SA27810
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Price Buy $220,000
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Property Size 2368
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Land size 1560
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Units 5
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Year Built 1920
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Property Type Multi-Family Property
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Property Status For Sale
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Tax 924
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Deposit 5000
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Zoning RM1
Address
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Address: 1215 W Lehigh Ave, Philadelphia, PA 19133, USA
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City: Philadelphia
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State/county: Pennsylvania
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Zip/Postal Code: 19133
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Area: Glenwood
Walkscore
What's Nearby?
- Arts & Entertainment
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Henna Nation 215 (0.04 mi)
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Fabulashes.byrina (0.04 mi)
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Greater Bibleway Church of God In Christ (0.08 mi)
- Education
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K I P P Philadelphia Charter School (0.16 mi)
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School Dist of Phila Board of Education (0.14 mi)
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K----e Cloud A-----y (0.14 mi)
- Food
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Domino's Pizza (0.14 mi)
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Baloy Jose Grocery Store (0.14 mi)
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Dollar General (0.12 mi)
- Health & Medical
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Dialysis Center Of North Philadelphia (0.12 mi)
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Burke Elizabeth Cpnp (0.14 mi)
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Temple Physicians (0.14 mi)
- Restaurants
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Domino's Pizza (0.14 mi)
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Chan Long Restaurant (0.16 mi)
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Estevez Grocery (0.16 mi)
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