Lansdowne, Pennsylvania Home Heads to Bankruptcy Auction With 3 Bedrooms, a Fenced Yard, and an Attached Garage

A two-story brick-and-stone home in Lansdowne, Pennsylvania, is being offered through an online bankruptcy auction, with an advertised opening bid of $50,000. Located at 151 Bryn Mawr Avenue, the property offers three bedrooms, one full bathroom, one half bathroom, and approximately 1,713 square feet of living space on a lot measuring about 4,792 square feet.

Built in 1940, the traditional-style home combines a substantial interior footprint with a private fenced yard, a partially finished basement, central air conditioning, and an attached one-car garage. The low advertised starting bid may attract attention from buyers looking for a renovation project or an investment opportunity in Delaware County, but the auction structure and the property’s condition are important considerations.

A traditional two-story home with three bedrooms

The home has a two-story layout, with approximately 1,713 square feet of above-ground living space. Its brick-and-stone exterior gives it a traditional appearance that fits the established residential character of Lansdowne.

The floor plan includes three bedrooms and one full bathroom, along with a separate half bathroom. This arrangement may provide flexibility for households that need dedicated sleeping areas, a guest room, or a home office. The property also has a basement, adding space that may be useful for storage or other purposes depending on its condition and configuration.

The listing does not provide enough verified detail to establish the extent of any interior renovations or the condition of every room. Buyers should therefore arrange a viewing, review the available disclosures, and assess the home in person before deciding how much work may be required.

Basement, central air, and attached garage

The property includes a basement described in listing information as partially finished, although other fields identify it as unfinished. Buyers should confirm which portions, if any, are finished and whether the basement has any moisture, structural, or other issues.

Central air conditioning is listed as one of the home’s features. The heating system is described as forced-air oil, and the property is connected to public water and public sewer. Prospective buyers should check the age and condition of the heating and cooling equipment, along with the electrical and plumbing systems.

An attached one-car garage and driveway provide parking options. The garage may also offer space for tools, bicycles, and other household items, depending on its dimensions and condition.

Private fenced yard on a residential lot

The property occupies approximately 0.11 acres, or 4,792 square feet. A private fenced yard provides outdoor space for gardening, outdoor seating, pets, or recreational activities. The lot is relatively manageable compared with larger suburban or rural properties, although buyers should inspect its boundaries, grading, and drainage.

The home is located in an established part of Lansdowne, where buyers can explore local parks, shops, restaurants, and neighborhood services. Its location may appeal to people who want access to the broader Philadelphia region while living in a traditional residential community.

Online auction means the final price may be much higher

The most important detail for prospective buyers is that the $50,000 figure is an opening bid, not a guaranteed purchase price. The property is being sold through an online auction connected to bankruptcy proceedings involving RAD Diversified REIT, Inc., and related parties. The sale is also subject to court approval.

According to the listing, the bankruptcy case is pending in the U.S. Bankruptcy Court for the Middle District of Florida. Interested buyers should carefully review the auction terms and conditions, including registration requirements, bidding deadlines, deposits, buyer premiums if applicable, closing deadlines, and any restrictions on inspections or financing.

The listing history also shows that the advertised amount changed after the initial $50,000 listing. Prospective buyers should check the current auction page and contact the listing agent to confirm the latest bid requirements and any updates to the terms.

What buyers should investigate

A home built in 1940 may require maintenance or modernization, and auction purchases can involve additional considerations compared with a conventional home sale. Buyers should determine whether interior access is available, what inspections are permitted, and whether any known liens, title issues, occupancy matters, or required repairs could affect the transaction.

A professional inspection should focus on the roof, foundation, masonry, electrical and plumbing systems, heating equipment, central air conditioning, basement, and garage. Buyers should also confirm property taxes and any outstanding obligations directly with the appropriate parties.

For buyers considering an investment, the final acquisition cost should include more than the winning bid. Potential repairs, insurance, property taxes, financing, closing expenses, and carrying costs may materially change the overall budget.

Property details at a glance

• Address: 151 Bryn Mawr Avenue, Lansdowne, Pennsylvania 19050
• Advertised opening bid: $50,000 in the listing reviewed
• Sale type: Online bankruptcy auction, subject to court approval
• Year built: 1940
• Bedrooms: 3
• Bathrooms: 1 full bathroom and 1 half bathroom
• Living area: Approximately 1,713 square feet
• Lot size: Approximately 4,792 square feet
• Exterior: Brick and stone
• Basement: Present; finish status should be confirmed
• Garage: Attached, one car
• Heating: Forced-air oil
• Cooling: Central air conditioning
• Water and sewer: Public water and public sewer
• Reported 2026 property taxes: Approximately $7,742

This Lansdowne property offers a traditional three-bedroom layout, a fenced yard, and an attached garage, but its auction status is central to understanding the opportunity. The advertised opening bid should not be treated as the final sale price or as evidence of the home’s market value.

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Listed on Zillow