359 Lyceum is a light value-add 5-plex (5 units) apartment building located in Roxborough — a thriving submarket in NWPHL (Northwest Philadelphia) experiencing surging rental demand for its bucolic nature, access to amenities and parks, and connectivity to Philly's urban core. Also available with 4381 Pechin (one block away - 5 units) and 401 Lyceum (5 units - one block away) — for a total of 15 units for $2,549,000. 359 Lyceum is comprised of three (3) 1bd x 1ba apartments, one (1) 2bd x 1ba apartment and one (1) 2bd x 2ba apartment in a handsome 3-storey, ±4670 SF structure with a private driveway for 1:1 tenant parking and private auxiliary unit/ADU. Invest in a Top-10 USA MSA with this 7.85% CAP multifamily real estate acquisition from How Properties, one of Philly's leading full-service real estate firms. Buy one, two, or all three buildings. Tangible financial upside exists via rent growth and OPEX minimization. Enquire within for financials.
Listed by Ryan J McManus
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License #RS316262
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Keller Williams Liberty Place
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6106061095
Last updated August 14, 2025
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Source: BrightMLS #PAPH2518572
Listing Facts
TypeMulti-family
NeighborhoodRoxborough
Days on Prevu47
Taxes$10,586/year
Size4,670 sqft
Price per sqft$214
Amenities
Parking
Location
Mortgage Calculator
Listing History
07/24/2025
Listed by Keller Williams Liberty Place
$999,000
Property Details for 359 Lyceum Avenue
Exterior
Construction
New Construction: No
Number Of Units Total: 4
Property Condition: Good
Stories Total: 3
Year Built: 1900
Architectural Style: Traditional
Construction Materials: Masonry
Features
Other Structures: Above Grade, Below Grade
View: City
Waterfront: No
Measurements
Lot Dimensions Source: Assessor
Lot Size Acres: 0.13
Lot Size Dimensions: 39
Lot Size Source: Assessor
Lot Size Square Feet: 5,850
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 7.85
Taxes
Tax Annual Amount: $10,586.00
Tax Year: 2024
Interior
Features
Fireplace: No
Flooring: Hardwood
Measurements
Living Area: 4,670
Living Area Source: Estimated
Rooms
Basement: Fully Finished
Has Basement: Yes
Other
Location
Subdivision Name: ROXBOROUGH
Tax Lot: 43
Parking
Parking
Garage: No
Parking Features: Assigned
Utilities
Equipment
Cooling: Central A/C
Heating: Hot Water
Has Heating: Yes
Sewer: Private Sewer
Water Source: Public
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