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4602 Lancaster Ave, Philadelphia, PA, 19131

4beds
--baths
2,790sqft
$360,000
$129price/sqft
$2,507/moest. monthly cost
$100,280/yrincome needed

About This Home

Excellent Investment Opportunity on Lancaster Ave! Spacious mixed-use property in a rapidly developing corridor. The **first floor** includes a former office space with a full bath, powder room, kitchen, one bedroom, storage room, and access to a small backyard. The **second floor** offers 2 living rooms, a kitchen, 1 bedroom, and a full bath. The **third floor** features 2 large rooms with great potential. High-ceiling basement, 2 heaters, and **separate meters**. Ideal for investors or live/work use. Property is being **sold as-is**. Prime location with high visibility and strong upside—don’t miss out!

Getting Around

83
WalkingVery Walkable
68
TransitGood Transit
75
BikeVery Bikeable

Schools

4/10
Washington Martha SchoolGrades K-80.3 mi
2/10

Construction

Condition

  • Year built: 1915

Materials

  • Foundation: Other
  • Construction materials: Masonry

Type & Style

  • Home type: MultiFamily
  • Architectural style: Straight Thru
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 4

Features

  • Flooring: Wood,Vinyl

Heating & Cooling

  • Heating features: Baseboard,Natural Gas
  • Cooling features: None,Natural Gas

Interior Area

  • Total structure area: 2,790
  • Total interior livable area: 2,790 sqft

Property

Accessibility

  • Accessibility features: Accessible Approach with Ramp

Details

  • Parcel number: 062028815
  • Zoning: CMX2
  • Special condition: Standard
  • Exclusions: Tenants Personal Property

Features

  • Pool features: None

Lot

  • Lot size: 1,990 sqft
  • Lot size dimensions: 20.00 x 100.00

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Inland Flooding
Winter Weather
Tsunami

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,820$21,840
Home Insurance *$126$1,512
Property Taxes $255$3,060
Electricity $306$3,673
Total$2,507$30,084
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$85,954/yr
40% on housing$75,210/yr
45% on housing$66,853/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.5%
5.5%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$129This listing

vs Other Active Listings

Avg $/sqft

ZIP 19131$121
Philadelphia County$162

vs Homes Sold Last Month

Median $/sqft

ZIP 19131$183
Philadelphia County$236

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-06Price change$360,000
2026-03-23Price change$397,300
2026-03-16Price change$397,400
2026-02-25Price change$397,500
2026-02-03Price change$397,600
2026-01-02Price change$397,700
2025-11-17Price change$397,800
2025-11-01Price change$397,900
2025-09-09Price change$397,980
2025-08-14Price change$397,990
2025-04-29Price change$398,000
2025-03-20Price change$489,900
2025-02-27Price change$489,920
2024-11-27Price change$489,930
2024-09-02Price change$489,950
2024-08-23Price change$489,960
2024-08-20Price change$489,970
2024-08-10Price change$489,980
2024-07-29Price change$489,990
2024-06-19Listed for sale$490,000
2023-10-01Listing removed--
2023-09-10Listed for rent$4,500
2023-08-25Listing removed--
2023-08-04Listed for rent$4,500
2016-06-18Listing removed$172,000

For Sale by Agent

AgentMike Lin
BrokerageTarget Realty

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