4400 Lancaster Ave Philadelphia, PA 19104
Mill Creek NeighborhoodEstimated payment $3,918/month
Total Views
564
--
Bed
--
Bath
6,142
Sq Ft
$114
Price per Sq Ft
Highlights
- Popular Property
- 2-minute walk to Lancaster Avenue And 44Th Street
- Forced Air Heating and Cooling System
- Traditional Architecture
About This Home
4400 Lancaster Ave, Philadelphia, PA. Don’t miss this unique mixed-use 5-unit corner property in Philadelphia, grossing $6,474/month in rental income. Each unit offers strong cash flow: Unit 1 ($2,500/month, a 3,100+ sq ft commercial unit) | Unit 2 ($1,135/month) | Unit 3 ($960/month) | Unit 4 ($1,025/month, vacant on 9/30/2025) | Unit 5 ($945/month estimated, vacant). This turnkey investment was gut-renovated in 2017 with central air, hardwood floors, and granite countertops. The property is certified lead *free* and has 3x common coin-operated washers & dryers for extra income, with off-street parking in the rear. Building is fully sprinklered with fire alarm panel. Semi-private community garden on the block. Extremely low taxes currently with tax abatement ($1,246/yr), the property is legally zoned for its current use, and owned by a licensed real estate agent. Situated on a prominent corner lot with high visibility and access to public transportation, this property is ideal for any investor looking to add a well-performing asset to their portfolio. This is a neighborhood currently booming with new construction and more construction planned for the near future. Make your appointment today! Showings of commercial space are only allowed with a signed offer, to avoid tenant business disruption. ***Strong preference will be given to offers that include both contiguous parcels at 4400 Lancaster Ave & 866-870 N 44th St.***
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,246
Year Built
- Built in 1920
Lot Details
- 2,011 Sq Ft Lot
- Lot Dimensions are 19.00 x 190.00
Home Design
- 6,142 Sq Ft Home
- Quadruplex
- Traditional Architecture
- Brick Exterior Construction
- Stone Foundation
Parking
- 4 Parking Spaces
- 4 Driveway Spaces
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Additional Features
- Unfinished Basement
Listing and Financial Details
- Tax Lot 574
- Assessor Parcel Number 871285460
Community Details
Overview
- 4 Units
- 3-Story Building
Building Details
- 1 Vacant Unit
- Income includes apartment rentals
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $995 | $253,000 | $50,600 | $202,400 |
| 2024 | $995 | $253,000 | $50,600 | $202,400 |
| 2023 | $995 | $201,900 | $40,380 | $161,520 |
| 2022 | $1,838 | $71,069 | $40,380 | $30,689 |
| 2021 | $1,838 | $0 | $0 | $0 |
| 2020 | $1,838 | $0 | $0 | $0 |
| 2019 | $3,021 | $0 | $0 | $0 |
| 2018 | $2,934 | $0 | $0 | $0 |
| 2017 | $2,350 | $0 | $0 | $0 |
| 2015 | $2,250 | $0 | $0 | $0 |
| 2014 | -- | $167,900 | $50,300 | $117,600 |
| 2012 | -- | $9,920 | $1,234 | $8,686 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2025 08/22/25 | For Sale | $700,000 | -- | $114 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Title Services | |
| Deed | -- | None Available | |
| Deed | $145,000 | Title Services | |
| Deed | $64,900 | None Available | |
| Sheriffs Deed | $125,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,028,000 | Commercial | |
| Closed | $1,028,000 | New Conventional | |
| Previous Owner | $725,385 | Purchase Money Mortgage | |
| Previous Owner | $228,000 | Commercial | |
| Previous Owner | $112,000 | Commercial |
Source: Public Records
Similar Homes in Philadelphia, PA
Source: Bright MLS
MLS Number: PAPH2523202
APN: 871285460
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