413 URBAN Avenue, Norwood, PA 19074
MULTI_FAMILY - Cape Cod - NORWOOD, PA
- Added:
- Jun 25, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 27 at 1:06 pm
Property Features for 413 URBAN Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 4
- Parking features
- Driveway
- Fireplace
- 1
- Standard status
- Active
- Size
- 2,128 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7026
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1925
- Number of units
- 1
- Building materials
- Asbestos
- Architectural style
- Cape Cod
Listing agent Li Zaspel License #RS326531 (267) 288-8982
Listing office Keller Williams Real Estate-Blue Bell 910 Harvest Drive unit: 100, Blue Bell, PA (215) 646-2900
Listing date Jun 25, 2026
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.
HighLights
- Duplex in Norwood Borough with two separate units for rental income or owner‑occupant flexibility
- Over 2,100 sq ft of interior space
- Built in 1925 with Cape Cod architectural style
- Forced air heating
- Fireplace present (FireplaceYN: true)
- Asbestos listed in construction materials; includes a driveway for parking
Overview
The home is positioned on a quiet residential street in Norwood Borough. The listing notes convenient access to local amenities, including shopping, restaurants, parks, and public transportation, which can be beneficial for day-to-day convenience for occupants.
This duplex can fit a range of ownership goals, from investors seeking rental income to owner-occupants looking to live in one unit while renting the other. The two-unit configuration also supports multi-generational living scenarios where separate spaces are valuable. With the combination of independent units, outdoor space, and an overall Cape Cod duplex setup, the property is well suited for buyers who want an income-capable residential asset and the ability to tailor occupancy to their needs.
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 | $38.3k | $18.00 |
| − Vacancy | −$5.0k | −$2.34 |
| EGI | $33.3k | $15.66 |
| − OpEx | −$10.0k | −$4.70 |
| NOI | $23.3k | $10.96 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Norwood
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.30529
- Latitude
- 39.89576
