Duplex with Detached
For Sale
Under Contract
$325,000
1204 MILDRED Avenue, Abington, PA 19001
Multi-Family, ABINGTON, PA
Property Size1,382 SF
Lot Size0.14 Acres
Price / SF$235.17
Days on Market39
Property Features for 1204 MILDRED Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking
5
Parking features
Garage - Detached, Driveway, Carport
Interior features
Ceiling Fan(s)
Middle school
ABINGTON JUNIOR
High school
ABINGTON SENIOR
Elementary school district
ABINGTON
Middle school district
ABINGTON
High school district
ABINGTON
Standard status
Active Under Contract
Size
1,382 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Annual Amount
5053
Utilities
Heating system
Other (Heating)
Amenities
laundry area
Building Details
Year built
1921
Number of units
2
Buildings
1
Listing Agency:
RE/MAX Legacy · RE/MAX International
(215) 822-8200
Listed By:
David Curry · License #RS209584L
(215) 850-3223
Added: Sep 18
Changed: Oct 23
Last Checked: Oct 26 at 9:06PM
MLS# PAMC2194664
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 1,382-square-foot duplex, built in 1921, has two apartments: a first-floor unit with one bedroom and one bathroom, and a second-floor unit with two bedrooms and one bathroom. The upper apartment has its own entrance. A full unfinished basement and laundry area are also part of the property.
The 0.1437-acre parcel includes a detached garage, carport, and driveway parking. The property is near a train station and shopping, in an area described as predominantly single-family homes. The owner pays essential utilities.
The 0.1437-acre parcel includes a detached garage, carport, and driveway parking. The property is near a train station and shopping, in an area described as predominantly single-family homes. The owner pays essential utilities.
Key Highlights
- Two‑unit layout: first‑floor apartment has 1 bedroom and 1 bath; second‑floor apartment has 2 bedrooms and 1 bath
- Second‑floor apartment has a separate entrance
- 1,382 square feet; built in 1921
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,080
Cap Rate
6.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$401,600
$401.6K
Cap Rate 7%
$286,857
$286.9K
Cap Rate 9%
$223,111
$223.1K
Market Conditions
NOI Build-Up for 1,382 SF
Gross rent
$30.7K $22.20/SF
− Vacancy
−$2.0K −$1.44/SF
EGI
$28.7K $20.76/SF
− OpEx
−$8.6K −$6.23/SF
NOI
$20.1K $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%
$401,600
Cap Rate 7%
$286,857
Cap Rate 9%
$223,111
Alternative Uses
Best Use
Multifamily LT 5
$286.9K
$251.0K – $334.7K
NOI $20,080 @ 7.0% cap · market cap 6.18%
Second Best
Apartment 5plus
$266.7K
$233.4K – $311.2K
NOI $18,671 @ 7.0% cap · market cap 5.74%
Theoretical Best
Specialty Retail
$794.9K
$695.6K – $927.4K
NOI $55,646 @ 7.0% cap · market cap 17.12%
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
1,543
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 - Two apartments offer a one-bedroom layout downstairs and a two-bedroom layout upstairs, each with one bathroom.
Where is this duplex located?
The property is located at 1204 MILDRED Avenue Abington, PA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Two‑unit layout: first‑floor apartment has 1 bedroom and 1 bath; second‑floor apartment has 2 bedrooms and 1 bath; Second‑floor apartment has a separate entrance; 1,382 square feet; built in 1921
