Building Details

Year built 1920

Number of units 2

Building materials Vinyl Siding, Block

Architectural style Colonial

Listing Agency: EXP Realty, LLC l***@exprealty.net Show Phone

Listed By: Kevin Wagner · License #RS380224 Show Phone

Added: Oct 1 Last Checked: Oct 7 at 5:06AM

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MLS# PADE2123756

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This Colonial duplex contains approximately 2,157 square feet across two living areas. The larger residence has three bedrooms and one full bathroom; the second includes two bedrooms, one full bathroom, a kitchen, and living space. The smaller apartment is occupied under a month-to-month tenancy. Interior features include hardwood flooring and a brick fireplace, with a full basement below. The property has vinyl siding and block construction, hot-water heat, window-unit cooling, and driveway parking. Built in 1920, it occupies a 0.17-acre lot in Folcroft.

Key Highlights

• Two living areas totaling approximately 2,157 square feet
• Larger residence offers 3 bedrooms and 1 full bathroom
• Second area includes 2 bedrooms, 1 full bathroom, kitchen, and living space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$23,642

Cap Rate

7.27%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$472,840 $472.8K

Cap Rate 7%

$337,743 $337.7K

Cap Rate 9%

$262,689 $262.7K

Market Conditions

NOI Build-Up for 2,157 SF

Gross rent

$38.8K $18.00/SF

− Vacancy

−$5.1K −$2.34/SF

EGI

$33.8K $15.66/SF

− OpEx

−$10.1K −$4.70/SF

NOI

$23.6K $10.96/SF

Area

Delaware County, PA

Vacancy

13.01%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$472,840

Cap Rate 7%

$337,743

Cap Rate 9%

$262,689

Alternative Uses

Best Use

Multifamily LT 5

$337.7K

$295.5K – $394.0K (±1% cap)

NOI $23,642 @ 7.0% cap · market cap 7.27%

Second Best

Apartment 5plus

$308.9K

$270.3K – $360.4K (±1% cap)

NOI $21,623 @ 7.0% cap · market cap 6.65%

Theoretical Best

Office A

$654.0K

$572.2K – $763.0K (±1% cap)

NOI $45,779 @ 7.0% cap · market cap 14.09%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Bakery Accounting Firm Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

762

Businesses Nearby

Explore this area Business Placement

Demographics for 19032, PA

6,792

Population

2,866

Households

2.4

Avg Household Size

36

Median Age

22%

College-Educated

89%

High-School Grad

1.2 sq mi

ZIP Area

5,660

Density / Sq Mi

$58,899

Median Household Income

$38,670

Median Earnings

$1,363

Median Rent

$140,000

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Duplex - Separate living areas include a three-bedroom residence and a month-to-month tenant-occupied apartment.

Where is this duplex located?

The property is located at 1829 SHALLCROSS Avenue Folcroft, PA.

What is the asking price?

The asking price for this property is $325,000.

What are key features of this property?

This property features: Two living areas totaling approximately 2,157 square feet; Larger residence offers 3 bedrooms and 1 full bathroom; Second area includes 2 bedrooms, 1 full bathroom, kitchen, and living space