Two-Unit Residential
For Sale
$474,900
1087 TYSON AVENUE, Abington, PA 19001
The first-floor residence has been renovated and contains two bedrooms and a full bathroom.
Property Size2,077 SF
Days on Market8
Property Features for 1087 TYSON AVENUE
General Information
Standard status
Active
Size
2,077 SF
Property subtype
Duplex
Units
Unit Mix
1 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,451
Building Details
Building Size
2,077 SF
Year Built
1915
Buildings
1
Listing Agency:
Keller Williams Real Estate-Blue Bell
Listed By:
Li Zaspel · License #RS326531
(267) 288-8982
Source:
Lizclarkrealestate
Added: Oct 21
Changed: Oct 25
Last Checked: Oct 26 at 9:57PM
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 Keller Williams Real Estate-Blue Bell
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Investment Insights
Based on property information with market context.
This detached duplex contains two residences. The renovated first-floor unit has two bedrooms, a full bathroom, living space, and a kitchen with ample cabinetry. The upper residence includes three bedrooms and a full bathroom. An enclosed front porch and backyard provide additional indoor and outdoor space.
Built in 1915, the property is in the Abington School District. Shopping, dining, and transportation are nearby.
Built in 1915, the property is in the Abington School District. Shopping, dining, and transportation are nearby.
Key Highlights
- Two residences: first‑floor unit has 2 bedrooms; upper unit has 3 bedrooms
- First‑floor residence has been renovated
- Each residence has a full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,179
Cap Rate
6.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$603,580
$603.6K
Cap Rate 7%
$431,129
$431.1K
Cap Rate 9%
$335,322
$335.3K
Market Conditions
NOI Build-Up for 2,077 SF
Gross rent
$46.1K $22.20/SF
− Vacancy
−$3.0K −$1.44/SF
EGI
$43.1K $20.76/SF
− OpEx
−$12.9K −$6.23/SF
NOI
$30.2K $14.53/SF
Area
Montgomery County, PA
Vacancy
6.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$603,580
Cap Rate 7%
$431,129
Cap Rate 9%
$335,322
Alternative Uses
Best Use
Multifamily LT 5
$431.1K
$377.2K – $503.0K
NOI $30,179 @ 7.0% cap · market cap 6.35%
Second Best
Apartment 5plus
$400.9K
$350.8K – $467.7K
NOI $28,061 @ 7.0% cap · market cap 5.91%
Theoretical Best
Specialty Retail
$1.19M
$1.05M – $1.39M
NOI $83,630 @ 7.0% cap · market cap 17.61%
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
1,533
Businesses Nearby
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Business Placement
Demographics for 19001, PA
17,215
Population
6,643
Households
2.6
Avg Household Size
40
Median Age
47%
College-Educated
94%
High-School Grad
3.2 sq mi
ZIP Area
5,380
Density / Sq Mi
$105,271
Median Household Income
$58,019
Median Earnings
$1,355
Median Rent
$343,000
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 - The first-floor residence has been renovated and contains two bedrooms and a full bathroom.
Where is this duplex located?
The property is located at 1087 TYSON AVENUE Abington, PA.
What is the asking price?
The asking price for this property is $474,900.
What are key features of this property?
This property features: Two residences: first‑floor unit has 2 bedrooms; upper unit has 3 bedrooms; First‑floor residence has been renovated; Each residence has a full bathroom
