Duplex with Separate
54 HIGHLAND Avenue Belmont Hills, PA 19004
For Sale
Under Contract
$534,950
MULTI_FAMILY - BELMONT HILLS, PA
Property Size2,056 SF
Lot Size0.11 Acres
Price / SF$260.19
Days on Market78
Property Features for 54 HIGHLAND Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking features
On Street
Interior features
Attic
Standard status
Active Under Contract
Size
2,056 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Annual Amount
6841
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1910
Number of units
2
Building materials
Brick
Listing Agency:
Houwzer, LLC
(267) 765-2080
Listed By:
Frederick A. Altieri · License #RS346080
(610) 550-9271
Added: May 14
Changed: Jul 6
Last Checked: Jul 30 at 5:06AM
MLS# PAMC2169602
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 separate, investor-friendly homes with distinct layouts. Unit #1 is arranged like a traditional townhome, with an open-concept living and dining area supported by a spacious kitchen. Upstairs, it includes two bedrooms and a full hallway bath. Unit #1 also provides exclusive access to a private basement that includes additional storage and a second full bathroom.
Unit #2 is a garden-style 1-bedroom, 1-bath apartment located on the main level at the rear of the property. The unit includes its own separate side entrance, providing additional privacy for occupants. Both units benefit from fully separate utilities, which can simplify management and help control operating overhead. Residents also have ample street parking, and the property is described as being minutes from the Manayunk bridge, local parks, and convenient commuting to Center City.
For buyers seeking a practical multi-unit property, the combination of two self-contained units, a private basement for Unit #1, and separate utility arrangements can support straightforward occupancy and day-to-day operations. The home is located in Belmont Hills, PA, within the Lower Merion School District, according to the listing remarks.
Unit #2 is a garden-style 1-bedroom, 1-bath apartment located on the main level at the rear of the property. The unit includes its own separate side entrance, providing additional privacy for occupants. Both units benefit from fully separate utilities, which can simplify management and help control operating overhead. Residents also have ample street parking, and the property is described as being minutes from the Manayunk bridge, local parks, and convenient commuting to Center City.
For buyers seeking a practical multi-unit property, the combination of two self-contained units, a private basement for Unit #1, and separate utility arrangements can support straightforward occupancy and day-to-day operations. The home is located in Belmont Hills, PA, within the Lower Merion School District, according to the listing remarks.
Key Highlights
- Located in the highly sought‑after Belmont Hills section of Bala Cynwyd, a premier 'Main Line' location.
- Within the award‑winning Lower Merion School District.
- Versatile Duplex offering steady rental income potential.
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 | $45.6k | $22.20 |
| − Vacancy | −$3.0k | −$1.44 |
| EGI | $42.7k | $20.76 |
| − OpEx | −$12.8k | −$6.23 |
| NOI | $29.9k | $14.53 |
2,056 SF · lease $22.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$426.8K
$373.4K – $497.9K
NOI $29,873 @ 7.0% cap · market cap 5.58%
Second Best
Apartment 5plus
$396.8K
$347.2K – $463.0K
NOI $27,777 @ 7.0% cap · market cap 5.19%
Theoretical Best
Specialty Retail
$1.18M
$1.03M – $1.38M
NOI $82,784 @ 7.0% cap · market cap 15.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two well-configured units each with separate utilities, including a private basement and a rear one-bedroom with side entry.
Where is this duplex located?
The property is located at 54 HIGHLAND Avenue Belmont Hills, PA.
What is the asking price?
The asking price for this property is $534,950.
What are key features of this property?
This property features: Located in the highly sought‑after Belmont Hills section of Bala Cynwyd, a premier 'Main Line' location.; Within the award‑winning Lower Merion School District.; Versatile Duplex offering steady rental income potential.
