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    Turnkey Duplex with Private Backyard Title is generated by Realmo AI

    932 TOWNSHIP LINE Road, Elkins Park, PA 19027

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    Claim this Listing
    For Sale
    $349,000

    MULTI_FAMILY - Other - ELKINS PARK, PA

    Property size:
    1,544 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $226/SF
    Added:
    May 4, 2026
    Days on Market:
    55
    Last Refresh:
    Jun 27 at 1:06 pm

    Property Features for 932 TOWNSHIP LINE Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    On Street
    Standard status
    Active
    Size
    1,544 SF
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Annual Amount
    5122

    Utilities

    Heating system
    Central

    Building Details

    Year built
    1905
    Number of units
    2
    Building materials
    Brick
    Architectural style
    Other

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    Contact an agent
    Eric Lerman

    Listing agent Eric Lerman License #RS339653

    Listing office Keller Williams Real Estate Tri-County 1917 Welsh Road, Philadelphia, PA

    Listing date May 4, 2026

    MLS# PAMC2178112 Listing URL

    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

    • Unbeatable location: Steps from local amenities and minutes from supermarkets, shopping, restaurants, and public transportation.
    • Excellent investment opportunity: Ideal for owner‑occupants seeking rental income or investors desiring a reliable, income‑producing property.
    • Located within the highly sought‑after Abington School District.
    • Two spacious units, each with 2 bedrooms and 1 full bath.
    • Charming, private, generously sized backyard perfect for relaxing and entertaining.
    • Well‑maintained brick duplex with bright living spaces and thoughtfully designed floor plans.

    Overview

    This duplex features two residential units, each with two bedrooms and one full bath. The property is described as well maintained, and the seller notes that with some fresh interior updates such as paint and new carpet, it may be ready for immediate occupancy. Both units are laid out for everyday living, with bright living spaces and functional kitchens.

    Located at 932 Township Line Road in Elkins Park, Pennsylvania, the home sits on a lot of 0.0588 acres and totals 1,544 square feet. Public remarks emphasize neighborhood walkability and convenience to area amenities, plus access to public transportation options. The property is also identified as being within the Abington School District.

    For tenants, buyers, or operators, the two-unit configuration supports flexible occupancy, whether you want to live in one side and rent the other or purchase as an income-producing duplex. The private backyard adds valuable outdoor space for day-to-day use and casual entertaining, complementing the practical in-unit layouts. Offered for sale, this property presents a straightforward duplex option with update potential and a functional residential footprint.

    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 $34.3k $22.20
    − Vacancy −$2.2k −$1.44
    EGI $32.0k $20.76
    − OpEx −$9.6k −$6.23
    NOI $22.4k $14.53
    1,544 SF · lease $22.20/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $320.5K
    $280.4K – $373.9K (±1% cap)
    NOI $22,434 @ 7.0% cap · market cap 6.43%
    Second Best
    Apartment 5plus
    $298.0K
    $260.8K – $347.7K (±1% cap)
    NOI $20,860 @ 7.0% cap · market cap 5.98%
    Theoretical Best
    Specialty Retail
    $888.1K
    $777.1K – $1.04M (±1% cap)
    NOI $62,169 @ 7.0% cap · market cap 17.81%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Dental Office Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Elkins Park
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.11845
    Latitude
    40.08191

    FAQs

    What type of property is this?
    Duplex - Duplex offers two 2-bedroom, 1-bath units and a private backyard for convenient, flexible residential income.
    Where is this duplex located?
    The property is located at 932 TOWNSHIP LINE Road Elkins Park, PA.
    What is the asking price?
    The asking price for this property is $349,000.
    What are key features of this property?
    This property features: Unbeatable location: Steps from local amenities and minutes from supermarkets, shopping, restaurants, and public transportation.; Excellent investment opportunity: Ideal for owner‑occupants seeking rental income or investors desiring a reliable, income‑producing property.; Located within the highly sought‑after Abington School District.
    More about this property
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