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    653 Drexel Ave Drexel Hill, PA 19026

    Sponsored
    For Sale
    $349,900

    MULTI_FAMILY - Colonial - DREXEL HILL, PA

    Property size:
    2,609 SF
    Lot size:
    0.06 Acres
    Days on Market:
    3
    Last Refresh:
    Feb 21 at 7:06 pm

    Property Features for 653 Drexel Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    Parking
    5
    Parking features
    On Street, Driveway, Off Street, Garage - Attached
    Interior features
    Attic, Ceiling Fan(s), Floor Plan - Traditional, Kitchen - Eat-In
    Appliances
    Built-In Microwave, Dishwasher, Range Hood, Washer, Dryer, Refrigerator
    Size
    2,609 SF
    Lot size
    0.06 Acres

    Utilities

    Heating system
    Hot Water(Heating)
    Cooling system
    Window Unit(s), Ceiling Fan(s)

    Building Details

    Year built
    1952
    Number of units
    1
    Building materials
    Brick
    Architectural style
    Colonial

    We can help!

    Listing Contact
    John F McAleer
    John F McAleer

    Keller Williams Main Line (610) 520-0100

    Listing agent John F McAleer (610) 520-0100 License #AB049026L

    Listing date Feb 19, 2026

    MLS# PADE2107734

    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.

    Learn more

    Property Insight Report

    Overview

    Well-Maintained Drexel Hill Duplex

    This well-maintained semi-detached duplex in Drexel Hill offers a turnkey opportunity for investors. The property features two spacious units, each providing two bedrooms and one bathroom, and a reliable income stream. The first-floor unit has been cared for by the tenants for the past 15 years. The floor plan includes two entrances and features a living room, a dining area (currently used as a home office), a newer kitchen, a primary bedroom, a hall bath, and a second bedroom. It also features basement access to a den, laundry room, utilities, and the garage. The second-floor apartment consists of a living room, a dining area, a newer kitchen, a washer/dryer combo in the hall, a primary bedroom, and a second bedroom. Both units have access to separate attic storage rooms, and each tenant may use one side of the garage. Exterior features include an attached two-car garage with automatic openers, as well as designated parking spots for three cars. The property provides an immediate, solid income-producing opportunity. Mechanicals feature 2 zoned gas hot water heating and separate 100 AMP circuit breaker panels (located in the garage). Includes all kitchen appliance, washers and dryers. Located in the Drexel Hill community rich with local amenities and proximity close to shopping, public schools, parks, public transportation and major routes. The property is situated on a lot of approximately 0.06 acres and has a property size of 2609 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Drexel Hill
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.30633
    Latitude
    39.94812

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    FAQs

    What type of property is this?
    Duplex - Turnkey duplex in desirable area with reliable income stream.
    Where is this duplex located?
    The property is located at 653 Drexel Ave Drexel Hill, PA.
    What is the asking price?
    The asking price for this property is $349,900.
    What are key features of this property?
    This property features: - Turnkey duplex in desirable Drexel Hill, offering immediate income.; - Two spacious units, each with two bedrooms, one bathroom, newer kitchens, and separate attic storage.; - Attached two-car garage with automatic openers, plus designated parking spots for three cars.
    (610) 909-7156
    Request Owner's contact information
    653 Drexel Ave Drexel Hill, PA 19026
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    Drexel Hill, PA 19026
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    653 Drexel Ave Drexel Hill, PA 19026
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    We can help!
    Listing Contact
    John F McAleer
    John F McAleer
    Real Estate License ID: AB049026L
    (610) 909-7156 (610) 520-0100
    Learn more
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