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127 Melrose Ave

Lansdowne, PA 19050

3 bd 1,338 sqft Built 1915 Lot 4,356 sqft multi_family
Most recent sale
$290,000
Aug 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 9, 2022 Sold $290,000 MLS #PADE2029052
Aug 1, 2022 Relisted $279,000 MLS #PADE2029052
Jun 27, 2022 Listed $279,000 MLS #PADE2029052
Aug 2, 1993 Sold $79,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $63,500 $45,650 $109,150 $5,945
2025 $63,500 $45,650 $109,150 $4,742
2024 $63,500 $45,650 $109,150 $4,663
2023 $63,500 $45,650 $109,150 $3,487
2022 $63,500 $45,650 $109,150 $4,206
2021 $63,500 $45,650 $109,150 $6,272
2020 $45,570 $19,740 $65,310 $4,301
2019 $45,570 $19,740 $65,310 $4,230
2018 $65,310 $4,174
2017 $65,310 $3,960
2016 $65,310 $3,918
2015 $65,310 $3,866
2014 $65,310 $3,785
2013 $65,310 $3,710
2012 $65,310 $3,681
2011 $65,310 $3,673
2010 $65,310 $3,673
2009 $65,310 $3,439
2008 $65,310 $3,334

Property facts

Year built
1915
Property type
multi_family
Stories
Beds
3
Baths
Living area
1,338 sqft
Lot size
4,356 sqft
ZIP code
19050
City
Lansdowne
Street
Melrose Ave
Coordinates
39.94380, -75.26250

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,007
Gross rental yield
8.30%
Implied cap rate
5.40%
Trend-extrapolated value

Frequently asked questions

When did 127 Melrose Ave last sell?
127 Melrose Ave most recently sold on Aug 9, 2022 for $290,000.
What is the current tax assessment for 127 Melrose Ave?
The most recent total assessment for 127 Melrose Ave (year 2026) is $109,150 with $5,945 in property tax.
How does 127 Melrose Ave's assessment compare to its last sale price?
The current assessment is 62.4% below the last sale price of $290,000.
When was 127 Melrose Ave built?
127 Melrose Ave was built in 1915.
How does 127 Melrose Ave compare to others on Melrose Ave?
We track 5 other properties on Melrose Ave. Browse the list under "Other properties on Melrose Ave" to compare beds, baths, and sale history.
What are the property facts for 127 Melrose Ave?
127 Melrose Ave is a 3 bed, 1,338 sqft, 4,356 sqft lot multi_family.
Is 127 Melrose Ave a flip candidate?
No — 127 Melrose Ave does not appear in our flips dataset.
Is 127 Melrose Ave a tax-appeal candidate?
No — 127 Melrose Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.4%
Implied 1-yr
+5.5%
2026 Q3
$271.6K
2026 Q4
$275K
ZIP 19050 — Median Price History + Forecast

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