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8 RUNNEMEDE AVENUELANSDOWNE, PA 19050

Multi-Family · 3,834 Sq. ft. | 0.33 Acres
$645,000 ACTIVE

8 RUNNEMEDE AVENUE Overview

Time on Site:
68 days
Visits:
3

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.

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8 RUNNEMEDE AVENUE Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,834
  • Price/Sq.ft. $168
  • Lot 0.33 Acres

Details

General

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Pool: No Pool
  • Total SQFT: 3834
  • Year Built: 1920

Location/Region

  • Country: US
  • County: DELAWARE
  • County Or Parish: DELAWARE
  • MLS Area Major: Lansdowne Boro (10423)

Parking Information

  • Type of Parking: On Street

Tax Information

  • City/Town Tax: 2018.00
  • City/Town Tax Payment Frequency: Annually
  • County Tax: 1273.00
  • County Tax Payment Frequency: Annually
  • School Tax: 9080.00
  • Tax Annual Amount: $12,372.00
  • Tax Assessed Value: 276330.00
  • Tax Year: 2025

General Information

  • Historic: No
  • Inclusions: fridges in tenant apartments
  • Municipal Trash: Yes
  • Property Condition: Very Good
  • Property Sub Type: Triplex
  • Property Type: Multi-Family
  • Rent Control: No
  • School District Name: WILLIAM PENN
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2026
  • Zoning: TN

Unit Information

  • Other Units: Unit 1,Unit 2,Unit 3

Interior

Building Information

  • Building Winterized: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas

Parking Information

  • Garage: No

Building Exterior/Construction

  • Structure Type: Twin/Semi-Detached

Building Interior

  • Above Grade Finished Area: 3834
  • Above Grade Finished Area Source: Estimated
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area: 0
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Central Air: Yes
  • Elevators Count: 0
  • Hot Water: Natural Gas

General Information

  • Accessibility Features: 2+ Access Exits
  • Cooling: Central A/C
  • Electric: 200+ Amp Service
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Foundation Details: Concrete Perimeter
  • Interior Features: Bathroom - Tub Shower, Ceiling Fan(s), Crown Moldings, Dining Area, Store/Office
  • Living Area: 3834
  • Living Area Source: Estimated
  • Spa: No
  • Stories Total: 3
  • Window Features: Double Pane

Unit Information

  • One Bedroom Units Count: 0
  • Single Room Units Count: 0
  • Three Bedroom Units Count: 0
  • Two Bedroom Units Count: 2

Exterior

Lot Information

  • Lot Dimensions Source: Assessor
  • Lot Features: Corner
  • Lot Size Acres: 0.33
  • Lot Size Dimensions: 106.00 x 136.00
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 14374.80
  • Lot Size Units: Square Feet
  • Road Responsibility: Boro/Township
  • Road Surface Type: Black Top
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Other
  • Construction Materials: Asphalt, Concrete, Stone
  • Roof: Asphalt

General Information

  • Number Of Units Total: 3
  • Other Structures: Above Grade,Below Grade
  • Sewer: Public Sewer
  • Utilities: Cable TV Available,Natural Gas Available,Phone Available,Sewer Available,Water Available
  • Water Access: No

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Description: Dental Practice

Unit 2 Details

  • Unit Type: Unit 2
  • Total Rent: 1400.00
  • Beds Total: 2

Unit 3 Details

  • Unit Type: Unit 3
  • Total Rent: 1400.00
  • Beds Total: 2

8 RUNNEMEDE AVENUE Neighborhood

Community

19050 (LANSDOWNE) Demographics

42
Median Age
7,461
Population Density (per sq. mile)
40%
College Educated
$54,935
Estimated Median Income
6,671
Estimated Total Home Owners
4,554
Estimated Total Renters
59% / 41%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

8 RUNNEMEDE AVENUE Monthly Cost

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$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

8 RUNNEMEDE AVENUE Market Data

Based on the last 30 days in this zip code

$283,961
Average List Price
$164
Average Price per Square Foot
17
Properties Sold
72
Average Days on Market
78
Properties for Sale
Calculations provided by Reliance Network

8 RUNNEMEDE AVENUE History

Date Event Value Agent
5/7/2026Source: BRIGHT MLS Price Reduction
$645,000 -12.2%
5/7/2026Source: BRIGHT MLS Price Reduction
$645,000 -12.2%
4/22/2026Source: BRIGHT MLS Added to Database
April 22, 2026
4/22/2026Source: BRIGHT MLS Added to Database
April 22, 2026
Listing provided courtesy of EXP Realty, LLC- MLS# PADE2113402MLS ProviderContact Information: [email protected] - 8885434829