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Updated Twin-Home Duplex
For Sale
$410,000
Pending

54 BLAKE AVENUE, Rockledge, PA 19046

SINGLE_FAMILY - ROCKLEDGE, PA

Property Size1,394 SF
Days on Market28

Property Features for 54 BLAKE AVENUE

General Information

Property type Residential
Property subtype Duplex
Bedrooms 3
Bathrooms 2
Full bathrooms 1
Half bathrooms 1
Rooms Bedroom 2, Bedroom 1, Bedroom 3
Subdivision JENKINTOWN
Standard status Pending
Size 1,394 SF

Amenities

built-in fireplace
large island
farmhouse sink
pot filler
dual ovens
premium light fixtures
custom barn style door
laundry room
iron rails
custom tiles
solid wood doors with glass door handles
porch
front yard
backyard

Building Details

Year built 1900
Listing Agency: BHHS Fox & Roach Center City-Society Hill · Berkshire Hathaway HomeServices
Listed By: Gregory J. Damis · License #RS153011A
Added: Jul 6 Changed: Aug 2 Last Checked: Aug 2 at 3:06PM
MLS# PAMC2186570

Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. 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.

Updated twin-home duplex at 54 Blake Avenue in Rockledge, built in 1900 and thoroughly updated throughout. The main level features a welcoming living area with a built-in fireplace, a bright dining area, and a modernized kitchen designed for everyday living and entertaining. The kitchen includes a large island with farmhouse sink, a pot filler water line over the stove, dual ovens, and premium light fixtures.

The main floor also includes a laundry room with a half bath accessed behind a custom barn-style door. Upstairs, you’ll find three spacious bedrooms and an updated full bath with custom tile. Additional original-character details include solid wood doors with glass door handles.

Set on a large lot with an extensive backyard, this home also offers a private driveway and a front porch. With easy access to the City and Suburbs and nearby train, restaurants, and more, it’s positioned as a practical option for those seeking a turnkey home in Rockledge.

Key Highlights

  • Built in 1900 duplex twin‑home with thorough updates throughout
  • 3 bedrooms plus updated full bath and main‑floor half bath
  • Modernized kitchen with large island, pot filler water line, and dual ovens

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 $30.9k $22.20
− Vacancy −$2.0k −$1.44
EGI $28.9k $20.76
− OpEx −$8.7k −$6.23
NOI $20.3k $14.53
1,394 SF · lease $22.20/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$289.4K
$253.2K – $337.6K (±1% cap)
NOI $20,255 @ 7.0% cap · market cap 4.94%
Second Best
Apartment 5plus
$269.0K
$235.4K – $313.9K (±1% cap)
NOI $18,833 @ 7.0% cap · market cap 4.59%
Theoretical Best
Specialty Retail
$801.8K
$701.6K – $935.5K (±1% cap)
NOI $56,129 @ 7.0% cap · market cap 13.69%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Hair Salon Restaurant Building Supply Big Box & Wholesale Store Spa & Massage Center Nail Salon

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

733
Businesses Nearby

Demographics for 19046, PA

19,669
Population
8,418
Households
2.3
Avg Household Size
45
Median Age
63%
College-Educated
98%
High-School Grad
6.7 sq mi
ZIP Area
2,936
Density / Sq Mi
$112,959
Median Household Income
$66,042
Median Earnings
$1,433
Median Rent
$446,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Updated twin-home duplex with an open main level, built-in fireplace, and modernized kitchen featuring dual ovens and island.
Where is this duplex located?
The property is located at 54 BLAKE AVENUE Rockledge, PA.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Built in 1900 duplex twin‑home with thorough updates throughout; 3 bedrooms plus updated full bath and main‑floor half bath; Modernized kitchen with large island, pot filler water line, and dual ovens
More about this property
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