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Renovated Two-Unit Duplex
New
For Sale
$300,000

13 MILL Street, Darby, PA 19023

Multi-Family, DARBY, PA

Property Size1,665 SF
Lot Size0.04 Acres
Price / SF$180.18
Days on Market2

Property Features for 13 MILL Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking features On Street
Elementary school district WILLIAM PENN
Middle school district WILLIAM PENN
High school district WILLIAM PENN
Standard status Active
Size 1,665 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 4224

Utilities

Heating system Hot Water(Heating)

Building Details

Year built 1900
Number of units 2
Building materials Brick, Stone
Architectural style Other
Listing Agency: Coldwell Banker Realty · Coldwell Banker Real Estate
Listed By: Eileen Gray · License #RS227918L
Added: Oct 20 Last Checked: Oct 21 at 11:06AM
MLS# PADE2125694

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 brick-and-stone duplex contains 1,665 square feet across two residential units. The first-floor unit has a living room, two bedrooms, and two bathrooms. A common entry provides access to the lower residence, while the upper unit is a larger two-bedroom layout with one bathroom. The property was built in 1900 and has hot-water heating.

On-street parking serves the property. Shopping, dining, and public transportation are nearby in Darby, Pennsylvania.

Key Highlights

  • Two units: one with two bedrooms and two baths, the other with two bedrooms and one bath
  • 1,665 square feet on a 0.04‑acre lot
  • Brick and stone construction

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,250
Cap Rate
6.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$365,000 $365.0K
Cap Rate 7%
$260,714 $260.7K
Cap Rate 9%
$202,778 $202.8K
Market Conditions
NOI Build-Up for 1,665 SF
Gross rent
$30.0K $18.00/SF
− Vacancy
−$3.9K −$2.34/SF
EGI
$26.1K $15.66/SF
− OpEx
−$7.8K −$4.70/SF
NOI
$18.2K $10.96/SF
Area
Delaware County, PA
Vacancy
13.01%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$365,000
Cap Rate 7%
$260,714
Cap Rate 9%
$202,778

Alternative Uses

Best Use
Multifamily LT 5
$260.7K
$228.1K – $304.2K (±1% cap)
NOI $18,250 @ 7.0% cap · market cap 6.08%
Second Best
Apartment 5plus
$238.4K
$208.6K – $278.2K (±1% cap)
NOI $16,691 @ 7.0% cap · market cap 5.56%
Theoretical Best
Office A
$504.8K
$441.7K – $589.0K (±1% cap)
NOI $35,337 @ 7.0% cap · market cap 11.78%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

987
Businesses Nearby

Demographics for 19023, PA

22,180
Population
9,089
Households
2.4
Avg Household Size
34
Median Age
17%
College-Educated
87%
High-School Grad
2.0 sq mi
ZIP Area
11,090
Density / Sq Mi
$48,962
Median Household Income
$37,110
Median Earnings
$1,240
Median Rent
$117,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separate residences offer a two-bedroom, two-bath layout and a larger two-bedroom, one-bath upper unit.
Where is this duplex located?
The property is located at 13 MILL Street Darby, PA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Two units: one with two bedrooms and two baths, the other with two bedrooms and one bath; 1,665 square feet on a 0.04‑acre lot; Brick and stone construction
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