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    Detached Multifamily Conversion Opportunity Title is generated by Realmo AI

    105 GARFIELD Avenue, Norwood, PA 19074

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    For Sale
    $267,500

    MULTI_FAMILY - Other - NORWOOD, PA

    Property size:
    2,100 SF
    Lot size:
    0.09 Acres
    Price / SF:
    $127/SF
    Added:
    May 11, 2026
    Days on Market:
    41
    Last Refresh:
    Jun 20 at 4:06 am

    Property Features for 105 GARFIELD Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Basement
    Parking features
    Driveway
    Fireplace
    1
    Standard status
    Active
    Size
    2,100 SF
    Lot size
    0.09 Acres

    Taxes and HOA fees

    Tax Annual Amount
    8149

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1952
    Number of units
    1
    Building materials
    Vinyl Siding, Aluminum Siding
    Architectural style
    Other

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    Listing Contact
    Dan J Zecher

    Listing agent Dan J Zecher License #RS346573

    Listing office Keller Williams Elite 5139 Main Street, East Petersburg, PA

    Listing date May 11, 2026

    MLS# PADE2114254 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

    • Multi‑unit or single‑family conversion potential.
    • Separate entrance to the top floor and two electric meters already in place.
    • Original hardwood floors throughout.
    • Open layout living room with stone fireplace.
    • Primary bedroom with en‑suite bath.
    • Natural gas heating and hot water heater.

    Overview

    This two-story detached home is currently configured with 5 bedrooms and 3 bathrooms, providing a foundation for either a multi-unit property or a renovated single-family residence. The home has an existing separate entrance to the top floor and two electric meters, reflecting its prior use as a multi-unit setup. Some demo work has already been completed, which may help reduce early renovation effort. Original hardwood floors run throughout the home and may be restored. The first-floor living room features an open layout with a stone fireplace as a focal point. The kitchen has been stripped and connects to the living and dining areas, allowing for a redesign that fits the next configuration. The property is equipped with natural gas heating and a natural gas hot water heater.

    The property is located at 105 Garfield Avenue in Norwood, PA 19074 within Delaware County. It is offered for sale as-is, and buyer plans for use and occupancy, as well as any renovation plans, would be subject to local borough approval.

    For investors and owner-occupants, the existing separate entrance and two electric meters provide useful infrastructure for a multi-unit conversion, while the current bedroom and bathroom layout can also support a single-family remodel. Cash sale only. Interested parties should confirm all intended uses and renovation scopes with the borough as part of the approval process.

    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 $37.8k $18.00
    − Vacancy −$4.9k −$2.34
    EGI $32.9k $15.66
    − OpEx −$9.9k −$4.70
    NOI $23.0k $10.96
    2,100 SF · lease $18.00/SF/yr · vacancy 13.01% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $328.8K
    $287.7K – $383.6K (±1% cap)
    NOI $23,018 @ 7.0% cap · market cap 8.60%
    Second Best
    Apartment 5plus
    $300.7K
    $263.2K – $350.9K (±1% cap)
    NOI $21,052 @ 7.0% cap · market cap 7.87%
    Theoretical Best
    Office A
    $636.7K
    $557.1K – $742.8K (±1% cap)
    NOI $44,569 @ 7.0% cap · market cap 16.66%
    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 Dental Office Hair Salon 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
    Norwood
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.29959
    Latitude
    39.89303

    FAQs

    What type of property is this?
    Duplex - Two-story detached home with separate entrance and two electric meters, offering flexibility for multi-unit or single-family use.
    Where is this duplex located?
    The property is located at 105 GARFIELD Avenue Norwood, PA.
    What is the asking price?
    The asking price for this property is $267,500.
    What are key features of this property?
    This property features: Multi‑unit or single‑family conversion potential.; Separate entrance to the top floor and two electric meters already in place.; Original hardwood floors throughout.
    More about this property
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