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Renovated Duplex With Off-Street Parking
New
For Sale
$315,000

104 OAK Avenue, Lansdowne, PA 19050

MULTI_FAMILY - LANSDOWNE, PA

Property Size1,560 SF
Lot Size0.07 Acres
Price / SF$201.92
Days on Market2

Property Features for 104 OAK Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking 3
Parking features Driveway, Off Street
Elementary school district WILLIAM PENN
Middle school district WILLIAM PENN
High school district WILLIAM PENN
Standard status Active
Size 1,560 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Annual Amount 6772

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

shared basement with storage lockers

Building Details

Year built 1960
Number of units 1
Building materials Brick
Listing Agency: EXP Realty, LLC
Listed By: John Joseph D'Ambrosio Jr. · License #RS357288
Added: Jul 31 Last Checked: Aug 1 at 10:06AM
MLS# PADE2120526

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 renovated duplex on Oak Avenue offers two separate units, each with two bedrooms and one bathroom. The property was fully renovated in 2022/23, including a new roof, windows, HVAC, electrical, plumbing, and flooring. The duplex also includes a shared basement with storage lockers, as well as separate utilities for each unit.

The building is brick construction and was built in 1960. Heating is forced air and cooling is central air. Off-street parking is available with a driveway.

With two well-defined units and updated building systems, this property is set up for an owner-operator or a landlord looking for a smaller, income-producing duplex in Lansdowne.

Key Highlights

  • Two‑unit duplex, each with 2 bedrooms and 1 bathroom
  • Renovated in 2022/23 with new roof, windows, HVAC, electrical, plumbing, and flooring
  • Brick construction built in 1960

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 (±1% cap)
NOI $17,099 @ 7.0% cap · market cap 5.43%
Second Best
Apartment 5plus
$223.4K
$195.5K – $260.6K (±1% cap)
NOI $15,638 @ 7.0% cap · market cap 4.96%
Theoretical Best
Office A
$473.0K
$413.9K – $551.8K (±1% cap)
NOI $33,108 @ 7.0% cap · market cap 10.51%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Spa & Massage Center Dental Office Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

957
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two 2-bed, 1-bath units with shared basement storage, each renovated in 2022/23, plus driveway off-street parking.
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, each with 2 bedrooms and 1 bathroom; Renovated in 2022/23 with new roof, windows, HVAC, electrical, plumbing, and flooring; Brick construction built in 1960
More about this property
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