Renovated Two-Unit
New
For Sale
$315,000
104 OAK AVENUE, Lansdowne, PA 19050
Updated systems, separate utilities, off-street parking, and shared basement storage support the two-residence layout.
Property Size1,560 SF
Price / SF$201.92
Days on Market4
Property Features for 104 OAK AVENUE
General Information
Standard status
Active
Size
1,560 SF
Property subtype
Duplex
Building Details
Year Built
1960
Year Renovated
2023
Buildings
1
Tenancy
Multi
Listing Agency:
EXP Realty, LLC
(610) 247-1579
Listed By:
John Joseph D'Ambrosio Jr. · License #RS357288
(610) 247-1579
Source:
Cummingsrealtors
Added: Jul 31
Changed: Aug 2
Last Checked: Aug 3 at 5:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty, LLC
Investment Insights
Based on property information with market context.
This 1,560-square-foot duplex contains two residences, each arranged with 2 bedrooms and 1 bath. Originally built in 1960, the property underwent renovations in 2022/23 that included a new roof, windows, HVAC, electrical system, plumbing, and flooring.
The property also provides off-street parking and a shared basement with storage lockers. Separate utilities serve the two units, offering a clearly defined physical setup for the duplex configuration. Located at 104 Oak Avenue in Lansdowne, Pennsylvania, the property combines updated building components with practical storage and parking features.
The property also provides off-street parking and a shared basement with storage lockers. Separate utilities serve the two units, offering a clearly defined physical setup for the duplex configuration. Located at 104 Oak Avenue in Lansdowne, Pennsylvania, the property combines updated building components with practical storage and parking features.
Key Highlights
- Two‑unit duplex with 1,560 SF of total property size
- Each unit includes 2 bedrooms and 1 bath
- Renovated in 2022/23 with new roof, windows, HVAC, electrical, plumbing, and flooring
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 | $28.1k | $18.00 |
| − Vacancy | −$3.7k | −$2.34 |
| EGI | $24.4k | $15.66 |
| − OpEx | −$7.3k | −$4.70 |
| NOI | $17.1k | $10.96 |
1,560 SF · lease $18.00/SF/yr · vacancy 13.01% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$244.3K
$213.7K – $285.0K
NOI $17,099 @ 7.0% cap · market cap 5.43%
Second Best
Apartment 5plus
$223.4K
$195.5K – $260.6K
NOI $15,638 @ 7.0% cap · market cap 4.96%
Theoretical Best
Office A
$473.0K
$413.9K – $551.8K
NOI $33,108 @ 7.0% cap · market cap 10.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
957
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Updated systems, separate utilities, off-street parking, and shared basement storage support the two-residence layout.
Where is this duplex located?
The property is located at 104 OAK AVENUE Lansdowne, PA.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,560 SF of total property size; Each unit includes 2 bedrooms and 1 bath; Renovated in 2022/23 with new roof, windows, HVAC, electrical, plumbing, and flooring
