Brick Duplex with Driveway
For Sale
$349,972
104 N UNION Avenue, Lansdowne, PA 19050
Multi-Family, LANSDOWNE, PA
Property Size1,678 SF
Lot Size0.09 Acres
Price / SF$208.56
Days on Market65
Property Features for 104 N UNION Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking
4
Parking features
Driveway
Elementary school district
WILLIAM PENN
Middle school district
WILLIAM PENN
High school district
WILLIAM PENN
Standard status
Active
Size
1,678 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
10389
Utilities
Heating system
Hot Water(Heating)
Building Details
Year built
1935
Number of units
1
Building materials
Brick
Architectural style
Colonial
Listing Agency:
RE/MAX Preferred - Newtown Square · RE/MAX International
(610) 325-4100
Listed By:
John A Gallagher · License #RS293961
(610) 505-7700
Added: Sep 1
Changed: Sep 18
Last Checked: Nov 4 at 6:06PM
MLS# PADE2122722
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.
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Investment Insights
Based on property information with market context.
This 1,678-square-foot brick duplex, built in 1935, contains two separate apartments within a Colonial-style property. The first apartment spans the first floor and lower level, with three bedrooms, two full baths, a living room, kitchen, laundry area, and lower-level exit. The second-floor apartment provides two bedrooms, one full bath, a living area, and a kitchen.
The property occupies 0.09 acres at 104 N Union Avenue in Lansdowne, Delaware County, Pennsylvania. Parking is provided by a large driveway, with additional street parking noted. A backyard, hot water heating, and basement space are also included.
The property occupies 0.09 acres at 104 N Union Avenue in Lansdowne, Delaware County, Pennsylvania. Parking is provided by a large driveway, with additional street parking noted. A backyard, hot water heating, and basement space are also included.
Key Highlights
- Two‑apartment duplex with 1,678 square feet
- First apartment includes 3 bedrooms, 2 full baths, and lower‑level space
- Second‑floor apartment has 2 bedrooms, 1 full bath, living area, and kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,392
Cap Rate
5.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$367,840
$367.8K
Cap Rate 7%
$262,743
$262.7K
Cap Rate 9%
$204,356
$204.4K
Market Conditions
NOI Build-Up for 1,678 SF
Gross rent
$30.2K $18.00/SF
− Vacancy
−$3.9K −$2.34/SF
EGI
$26.3K $15.66/SF
− OpEx
−$7.9K −$4.70/SF
NOI
$18.4K $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 Rate 5%
$367,840
Cap Rate 7%
$262,743
Cap Rate 9%
$204,356
Alternative Uses
Best Use
Multifamily LT 5
$262.7K
$229.9K – $306.5K
NOI $18,392 @ 7.0% cap · market cap 5.26%
Second Best
Apartment 5plus
$240.3K
$210.3K – $280.4K
NOI $16,821 @ 7.0% cap · market cap 4.81%
Theoretical Best
Office A
$508.8K
$445.2K – $593.6K
NOI $35,613 @ 7.0% cap · market cap 10.18%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,256
Businesses Nearby
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Business Placement
Demographics for 19050, PA
29,176
Population
12,695
Households
2.3
Avg Household Size
40
Median Age
30%
College-Educated
92%
High-School Grad
3.7 sq mi
ZIP Area
7,885
Density / Sq Mi
$62,517
Median Household Income
$44,408
Median Earnings
$1,166
Median Rent
$188,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two apartments include kitchens, living areas, and dedicated bedroom and bath layouts.
Where is this duplex located?
The property is located at 104 N UNION Avenue Lansdowne, PA.
What is the asking price?
The asking price for this property is $349,972.
What are key features of this property?
This property features: Two‑apartment duplex with 1,678 square feet; First apartment includes 3 bedrooms, 2 full baths, and lower‑level space; Second‑floor apartment has 2 bedrooms, 1 full bath, living area, and kitchen
