$735,000

8 Runnemede Ave Lansdowne, PA 19050

Estimated payment $4,928/month

Studio
-- Bath
3,834 Sq Ft
$192 Price per Sq Ft

Highlights

  • 0.33 Acre Lot
  • Corner Lot
  • Crown Molding
  • Wood Flooring
  • Double Pane Windows
  • 4-minute walk to The Lansdowne Landing

About This Home

CALLING ALL DENTISTS! This exceptional property is positioned In Gladstone Manor section of Lansdowne – Perfectly situated on Baltimore Pike, 14,000 + VPD, public transportation—including the nearby train station -- (3) Unit Income-Producing Building. Welcome to 8 Runnemede Avenue, a legally zoned triplex in the heart of Lansdowne, PA. This well-maintained property has had a dental practice on the first floor for over 40 years! Practice available for sale as package. Two large 2-Bedroom apartments, leased at $1,400 per unit delivering strong, turnkey cash flow from day one. Each residence is equipped with updated HVAC, central air, separate utilities (gas and electric) which tenants pay. With updated systems and recent improvements—including new windows, roof servicing, updated kitchens and baths, this property is positioned for long-term success. —8 Runnemede Avenue offers an operational business and investment opportunity all in one place. Seller is open to financing options associated with the practice and real estate together.

Listing Agent

Mark Fansler

(888) 543-4829 de.broker@exprealty.net EXP Realty, LLC Brokerage Phone: 8885434829 License #2293712 Listed on: 04/22/2026

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,372

Year Built

  • Built in 1920

Lot Details

  • 14,375 Sq Ft Lot
  • Lot Dimensions are 106.00 x 136.00
  • Corner Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Asphalt Roof
  • Stone Siding
  • Concrete Perimeter Foundation
  • Asphalt

Interior Spaces

  • Bathtub with Shower
  • 3,834 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Double Pane Windows
  • Dining Area

Flooring

  • Wood
  • Ceramic Tile

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Community Details

  • 3 Units
  • 3-Story Building

Listing and Financial Details

  • Tax Lot 236-000
  • Assessor Parcel Number 23-00-02850-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,372

Year Built

Built in 1920

Lot Details

0.33 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: fridges in tenant apartments
  • New Construction: No
  • Year Built: 1920
  • Building Winterized: No
  • Special Features: None

Interior Features

  • Flooring Type: Ceramic Tile, Hardwood
  • Interior Amenities: Bathroom - Tub Shower, Ceiling Fan(s), Crown Moldings, Dining Area, Store/Office
  • Window Features: Double Pane
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Total Sq Ft: 3834
  • Living Area Sq Ft: 3834
  • Price Per Sq Ft: 191.71
  • Above Grade Finished Sq Ft: 3834
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Asphalt, Concrete, Stone
  • Road Surface Type: Black Top
  • Roof: Asphalt
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Corner
  • Lot Size Acres: 0.33
  • Lot Dimensions: 106.00 x 136.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14374.80
  • Property Condition: Very Good
  • Zoning: TN

Rental Info

  • Ground Rent Exists: No
  • Rent Control: No
  • Total Actual Rent: 33600.00
  • Vacation Rental: No

Tax Info

  • School Tax: 9080.00
  • Tax Annual Amount: 12372.00
  • Assessor Parcel Number: 23-00-02850-00
  • Tax Lot: 236-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: WILLIAM PENN

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $11,377 $276,330 $140,400 $135,930
2024 $11,377 $276,330 $140,400 $135,930
2023 $10,847 $276,330 $140,400 $135,930
2022 $10,634 $276,330 $140,400 $135,930
2021 $15,968 $276,330 $140,400 $135,930
2020 $8,198 $125,000 $125,000 $0
2019 $8,060 $125,000 $125,000 $0
2018 $7,922 $125,000 $0 $0
2017 $7,747 $125,000 $0 $0
2016 $700 $125,000 $0 $0
2015 $700 $125,000 $0 $0
2014 $700 $125,000 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2026 04/22/26 For Sale $735,000 -- $192 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $110,000 Commonwealth Land Title Ins
Deed $115,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $305,000 Commercial
Previous Owner $115,000 Commercial
Source: Public Records

Source: Bright MLS

MLS Number: PADE2113402

Bright MLS

APN: 23-00-02850-00

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