Duplex Residential Income
39 BLAKE Avenue Jenkintown, PA 19046
39 BLAKE Avenue, Jenkintown, PA, 19046
$409,900
For Sale
$409,900
MULTI_FAMILY - Other - JENKINTOWN, PA
Property Size2,016 SF
Lot Size0.08 Acres
Price / SF$203.32
Days on Market42
Property Features for 39 BLAKE Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Driveway
- Appliances
- Washer/Dryer Stacked
- Standard status
- Active
- Size
- 2,016 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5980
Utilities
- Heating system
- Forced Air
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1900
- Number of units
- 2
- Building materials
- Stucco
- Architectural style
- Other
Listing agency
RE/MAX 2000
(215) 698-2000
Listed by
John J Bianchimano · License #RS301128
(215) 698-2000
Added: Jun 12 Updated: Jul 15 at 12:03PM Checked: Jul 23 at 5:06AM
MLS# PAMC2182052
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 includes 2+1 functional layouts and is supported by brand-new heating systems and water heaters. The property also offers usable yard space for outdoor utility.
The home is located at 39 Blake Avenue in Jenkintown, Pennsylvania, in Rockledge Borough, within the Abington School District.
With a lot size of 0.0849 acres and a property size of 2,016 square feet, this residential income property presents a straightforward ownership option for buyers seeking a duplex configuration.
The home is located at 39 Blake Avenue in Jenkintown, Pennsylvania, in Rockledge Borough, within the Abington School District.
With a lot size of 0.0849 acres and a property size of 2,016 square feet, this residential income property presents a straightforward ownership option for buyers seeking a duplex configuration.
Key Highlights
- Duplex with a 2+1 unit setup
- Located in Abington School District
- Year built 1900
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.8k | $22.20 |
| − Vacancy | −$2.9k | −$1.44 |
| EGI | $41.8k | $20.76 |
| − OpEx | −$12.6k | −$6.23 |
| NOI | $29.3k | $14.53 |
2,016 SF · lease $22.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$418.5K
$366.2K – $488.2K
NOI $29,292 @ 7.0% cap · market cap 7.15%
Second Best
Apartment 5plus
$389.1K
$340.5K – $454.0K
NOI $27,237 @ 7.0% cap · market cap 6.64%
Theoretical Best
Specialty Retail
$1.16M
$1.01M – $1.35M
NOI $81,174 @ 7.0% cap · market cap 19.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Duplex featuring 2+1 functional layouts with new heating systems and water heaters.
Where is this duplex located?
The property is located at 39 BLAKE Avenue Jenkintown, PA.
What is the asking price?
The asking price for this property is $409,900.
What are key features of this property?
This property features: Duplex with a 2+1 unit setup; Located in Abington School District; Year built 1900
