Four-Unit Quadplex with
For Sale
$465,000
38 COPLEY RD, Upper Darby, PA 19082
Four individually metered apartments feature separate heat pumps, hard-surface flooring, and a shared basement laundry area.
Property Size2,173 SF
Price / SF$213.99
Days on Market43
Property Features for 38 COPLEY RD
General Information
Standard status
Active
Size
2,173 SF
Total Parking Spaces
1
Property subtype
Multi-family
Units
Unit Mix
3 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units
4
Amenities
shared laundry
Building Details
Construction
stone
Listing Agency:
Keller Williams Real Estate - Newtown
(215) 860-4200
Listed By:
Graceann Tinney · License #RS344523
(267) 373-8244
Source:
360
Added: Aug 26
Changed: Oct 3
Last Checked: Oct 7 at 12:12PM
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 - Newtown
Investment Insights
Based on property information with market context.
Located at 38 Copley Rd in Upper Darby, this 2,173-square-foot quadplex contains four apartments arranged across the basement, main, second, and attic levels. The unit mix includes three one-bedroom apartments and one two-bedroom apartment. Each residence has a kitchen and full bathroom, while the main-level unit also includes a fireplace and hardwood flooring. A stone exterior and hard-surface floors throughout the building provide durable finishes. The property is currently tenant occupied, and the available photographs were taken while the units were vacant.
Every apartment has its own electric meter and heat pump for heating and air conditioning. Water is owner-paid and not separately metered. Gas service is also owner-paid and used for water heating through two shared gas water-heater tanks. Additional improvements include basement laundry, a detached one-car garage at the rear, and a driveway shared with the neighboring property.
Every apartment has its own electric meter and heat pump for heating and air conditioning. Water is owner-paid and not separately metered. Gas service is also owner-paid and used for water heating through two shared gas water-heater tanks. Additional improvements include basement laundry, a detached one-car garage at the rear, and a driveway shared with the neighboring property.
Key Highlights
- Four apartments totaling 2,173 square feet
- Unit mix includes three 1‑bedroom units and one 2‑bedroom unit
- Separate electric meter and heat pump serving each apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,818
Cap Rate
5.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$476,360
$476.4K
Cap Rate 7%
$340,257
$340.3K
Cap Rate 9%
$264,644
$264.6K
Market Conditions
NOI Build-Up for 2,173 SF
Gross rent
$39.1K $18.00/SF
− Vacancy
−$5.1K −$2.34/SF
EGI
$34.0K $15.66/SF
− OpEx
−$10.2K −$4.70/SF
NOI
$23.8K $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%
$476,360
Cap Rate 7%
$340,257
Cap Rate 9%
$264,644
Alternative Uses
Best Use
Multifamily LT 5
$340.3K
$297.7K – $397.0K
NOI $23,818 @ 7.0% cap · market cap 5.12%
Second Best
Apartment 5plus
$311.2K
$272.3K – $363.1K
NOI $21,783 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$658.8K
$576.5K – $768.6K
NOI $46,118 @ 7.0% cap · market cap 9.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,690
Businesses Nearby
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Business Placement
Demographics for 19082, PA
42,761
Population
16,775
Households
2.5
Avg Household Size
35
Median Age
23%
College-Educated
84%
High-School Grad
2.6 sq mi
ZIP Area
16,447
Density / Sq Mi
$55,551
Median Household Income
$36,139
Median Earnings
$1,178
Median Rent
$155,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four individually metered apartments feature separate heat pumps, hard-surface flooring, and a shared basement laundry area.
Where is this quadplex located?
The property is located at 38 COPLEY RD Upper Darby, PA.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Four apartments totaling 2,173 square feet; Unit mix includes three 1‑bedroom units and one 2‑bedroom unit; Separate electric meter and heat pump serving each apartment
