Duplex with Central Air and Private
For Sale
$399,999
200 BARKER Avenue, Sharon Hill, PA 19079
MULTI_FAMILY - Contemporary - SHARON HILL, PA
Property Size2,198 SF
Lot Size0.12 Acres
Price / SF$181.98
Days on Market32
Property Features for 200 BARKER Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking features
Off Street, Driveway
Appliances
Built-In Range, Dishwasher, Dryer, Refrigerator, Washer
Subdivision
SHARON HILL
Elementary school
SHARON HILL
High school
ACADEMY PARK
Elementary school district
SOUTHEAST DELCO
Middle school district
SOUTHEAST DELCO
High school district
SOUTHEAST DELCO
Standard status
Active
Size
2,198 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Annual Amount
9969
Utilities
Heating system
Hot Water(Heating)
Cooling system
Central Air
Amenities
separate utilities
laundry hookups
common basement storage
exterior lighting
rear yard space
Building Details
Year built
2002
Number of units
2
Building materials
Aluminum Siding, Vinyl Siding
Architectural style
Contemporary
Listing Agency:
Keller Williams Realty - Marlton
(856) 441-6800
Listed By:
Johnny Jones · License #RS376889
(856) 888-7700
Added: Jul 6
Changed: Jul 31
Last Checked: Aug 6 at 1:06PM
MLS# PADE2119074
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 duplex offers two spacious units with central air and hot-water heating. The property totals approximately 2,198 square feet and includes two 2-bedroom, 1-bath residences. The recent improvements noted include brand-new kitchens, updated flooring, a new roof, and upgraded HVAC systems. Each unit has separate utility service and separate laundry hookups, along with common basement storage. Exterior lighting on timers and rear yard space add to the day-to-day usability.
The property is built for practical operation with a private four-car driveway and off-street parking, set on a corner lot. Appliances referenced include built-in range, dishwasher, refrigerator, washer, and dryer. Construction materials include aluminum siding and vinyl siding, and the home features hot water heating.
Additional practical details include rooms listed with a basement and off-street driveway access designed for routine tenant arrival and parking.
The property is built for practical operation with a private four-car driveway and off-street parking, set on a corner lot. Appliances referenced include built-in range, dishwasher, refrigerator, washer, and dryer. Construction materials include aluminum siding and vinyl siding, and the home features hot water heating.
Additional practical details include rooms listed with a basement and off-street driveway access designed for routine tenant arrival and parking.
Key Highlights
- Two 2‑bedroom, 1‑bath units totaling approx 2,198 SF
- Built in 2002 with new roof and upgraded HVAC systems
- Central air plus hot water heating
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,092
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.02%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$481,840
$481.8K
Cap Rate 7%
$344,171
$344.2K
Cap Rate 9%
$267,689
$267.7K
Market Conditions
NOI Build-Up for 2,198 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$39.6K $18.00/SF
− Vacancy
−$5.1K −$2.34/SF
EGI
$34.4K $15.66/SF
− OpEx
−$10.3K −$4.70/SF
NOI
$24.1K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$481,840
Cap Rate 7%
$344,171
Cap Rate 9%
$267,689
Alternative Uses
Best Use
Multifamily LT 5
$344.2K
$301.2K – $401.5K
NOI $24,092 @ 7.0% cap · market cap 6.02%
Second Best
Apartment 5plus
$314.8K
$275.4K – $367.2K
NOI $22,034 @ 7.0% cap · market cap 5.51%
Theoretical Best
Office A
$666.4K
$583.1K – $777.5K
NOI $46,649 @ 7.0% cap · market cap 11.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,024
Businesses Nearby
Explore this area
Business Placement
Demographics for 19079, PA
9,371
Population
3,577
Households
2.6
Avg Household Size
37
Median Age
24%
College-Educated
93%
High-School Grad
1.6 sq mi
ZIP Area
5,857
Density / Sq Mi
$57,002
Median Household Income
$39,926
Median Earnings
$1,212
Median Rent
$159,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex featuring central air, separate utilities, and a private four-car driveway on a corner lot.
Where is this duplex located?
The property is located at 200 BARKER Avenue Sharon Hill, PA.
What is the asking price?
The asking price for this property is $399,999.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units totaling approx 2,198 SF; Built in 2002 with new roof and upgraded HVAC systems; Central air plus hot water heating
