2-Unit Duplex with
New
For Sale
$299,900
774 BURMONT Road, Drexel Hill, PA 19026
Multi-Family, DREXEL HILL, PA
Property Size1,784 SF
Lot Size0.06 Acres
Price / SF$168.11
Days on Market2
Property Features for 774 BURMONT Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Interior features
Bathroom - Tub Shower, Carpet, Kitchen - Eat-In, Kitchenette, Wood Floors, Floor Plan - Traditional
Appliances
Refrigerator
Subdivision
DREXEL HILL
Elementary school
ARONIMINK
Middle school
DREXEL HILL
High school
U DARBY
Elementary school district
UPPER DARBY
Middle school district
UPPER DARBY
High school district
UPPER DARBY
Standard status
Active
Size
1,784 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
7476
Utilities
Heating system
Forced Air
Amenities
hardwood floors
basement storage
laundry hookups
side sitting area
Building Details
Year built
1950
Number of units
1
Building materials
Brick
Architectural style
Other
Listing Agency:
Coldwell Banker Realty · Coldwell Banker Real Estate
(610) 566-1100
Listed By:
Christopher M McGarry · License #RS276586
(610) 742-1948
Added: Sep 24
Last Checked: Sep 25 at 7:06AM
MLS# PADE2124452
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 1,784-square-foot brick duplex contains two 2-bedroom, 1-bath residences, each with hardwood flooring, a large living room, an eat-in kitchen, and closet storage. Separate laundry hookups are located in the basement, which also provides additional storage. Each unit has its own electric service. The property was built in 1950 and includes forced-air heating.
A 2-car garage is complemented by a driveway with off-street parking for 2 cars. The 0.06-acre property also has a side sitting area.
A 2-car garage is complemented by a driveway with off-street parking for 2 cars. The 0.06-acre property also has a side sitting area.
Key Highlights
- Two 2‑bedroom, 1‑bath residences
- 1,784 square feet on a 0.06‑acre lot
- Separate electric service and laundry hookups for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,554
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.52%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$391,080
$391.1K
Cap Rate 7%
$279,343
$279.3K
Cap Rate 9%
$217,267
$217.3K
Market Conditions
NOI Build-Up for 1,784 SF
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.
Gross rent
$32.1K $18.00/SF
− Vacancy
−$4.2K −$2.34/SF
EGI
$27.9K $15.66/SF
− OpEx
−$8.4K −$4.70/SF
NOI
$19.6K $10.96/SF
Area
Delaware County, PA
Vacancy
13.01%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$391,080
Cap Rate 7%
$279,343
Cap Rate 9%
$217,267
Alternative Uses
Best Use
Multifamily LT 5
$279.3K
$244.4K – $325.9K
NOI $19,554 @ 7.0% cap · market cap 6.52%
Second Best
Apartment 5plus
$255.5K
$223.6K – $298.1K
NOI $17,884 @ 7.0% cap · market cap 5.96%
Theoretical Best
Office A
$540.9K
$473.3K – $631.0K
NOI $37,862 @ 7.0% cap · market cap 12.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
667
Businesses Nearby
Explore this area
Business Placement
Demographics for 19026, PA
32,021
Population
13,643
Households
2.3
Avg Household Size
39
Median Age
46%
College-Educated
94%
High-School Grad
3.6 sq mi
ZIP Area
8,895
Density / Sq Mi
$89,079
Median Household Income
$50,930
Median Earnings
$1,316
Median Rent
$243,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Brick construction, separate electric service, and laundry hookups support independent operation of both residences.
Where is this duplex located?
The property is located at 774 BURMONT Road Drexel Hill, PA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath residences; 1,784 square feet on a 0.06‑acre lot; Separate electric service and laundry hookups for each unit
