Well-Maintained Duplex with
CHELTENHAM, PA 19012 Cheltenham, PA 19012
MULTI_FAMILY - CHELTENHAM, PA
Type:Duplex
Property size:
1,604 SFPrice / SF:
$193/SF- Added:
- Apr 23, 2026
- Days on Market:
- 79
- Last Refresh:
- Jul 10 at 4:06 pm
Property Features
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Standard status
- Active
- Size
- 1,604 SF
Building Details
- Year built
- 1900
Listing agent Maryclaire Dzik (215) 880-5856
Listing office BHHS Fox & Roach Jenkintown Home Marketing Center PA (215) 887-0400
Listing date Apr 23, 2026
MLS# PAMC2176712
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.
This well-maintained duplex is fully rented with two long-term tenants. Unit 1 is located on the first floor and includes a living room, kitchen, bedroom, full bath, and a mudroom with a laundry hookup and an exit to the back yard. Unit 2 spans the second and third floors and features two bedrooms, with the second floor offering a kitchen, large living area, bedroom, and bathroom, and the third floor providing a large open space for the second bedroom.
The basement includes outside access and provides two additional laundry hookups, along with lots of storage and all utilities. The property offers a large back yard that backs to the township park. It is described as conveniently located near schools, shopping, and bus and train access.
Recent improvements include a new soil pipe, new insulation and siding, and a new 100 AMP service.
The basement includes outside access and provides two additional laundry hookups, along with lots of storage and all utilities. The property offers a large back yard that backs to the township park. It is described as conveniently located near schools, shopping, and bus and train access.
Recent improvements include a new soil pipe, new insulation and siding, and a new 100 AMP service.
Key Highlights
- Duplex built in 1900 with 2 long‑term, fully rented tenants
- Unit 1 (1st floor) includes living room, kitchen, bedroom, full bath, mudroom with laundry hookup, and back‑yard exit
- Unit 2 (2nd & 3rd floors) features 2 bedrooms with kitchen, large living space, bath on 2nd floor, and a large open area on 3rd floor
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 | $35.6k | $22.20 |
| − Vacancy | −$2.3k | −$1.44 |
| EGI | $33.3k | $20.76 |
| − OpEx | −$10.0k | −$6.23 |
| NOI | $23.3k | $14.53 |
1,604 SF · lease $22.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$332.9K
$291.3K – $388.4K
NOI $23,306 @ 7.0% cap · market cap 7.52%
Second Best
Apartment 5plus
$309.6K
$270.9K – $361.2K
NOI $21,671 @ 7.0% cap · market cap 6.99%
Theoretical Best
Specialty Retail
$922.6K
$807.3K – $1.08M
NOI $64,585 @ 7.0% cap · market cap 20.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Fully rented duplex with two long-term tenants, two additional laundry hookups, basement storage, and a backyard backing to a park.
Where is this duplex located?
The property is located at Cheltenham, PA.
What is the asking price?
The asking price for this property is $309,900.
What are key features of this property?
This property features: Duplex built in 1900 with 2 long‑term, fully rented tenants; Unit 1 (1st floor) includes living room, kitchen, bedroom, full bath, mudroom with laundry hookup, and back‑yard exit; Unit 2 (2nd & 3rd floors) features 2 bedrooms with kitchen, large living space, bath on 2nd floor, and a large open area on 3rd floor
