Updated Two-Unit
For Sale
$539,000
Pending
2014 Jason Drive, Huntingdon Valley, PA 19006
Well-maintained duplex with separate outdoor areas, flexible living arrangements, and recent window and door improvements.
Property Size1,890 SF
Days on Market158
Property Features for 2014 Jason Drive
General Information
Standard status
Pending
Size
1,890 SF
Property subtype
Multi-Family / Fee Simple
Zoning
MULT
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,852
Amenities
private backyard
patio
deck
attic
No
2+ Access Exits
No Pool
Above Grade, Below Grade
Building Details
Year Built
1984
Buildings
1
Listing Agency:
Homestarr Realty
(215) 355-5565
Listed By:
Laura Dunn · License #RS333626
(215) 355-5565
Source:
Compass
Added: Mar 27
Changed: Aug 30
Last Checked: Aug 30 at 7:15AM
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 Homestarr Realty
Investment Insights
Based on property information with market context.
This 1,890-square-foot duplex contains two residential units, each arranged with 2 bedrooms, 1 full bath, a living area, and a combined kitchen and dining space. The upper residence includes a large attic for storage, while each unit has its own exterior area: a patio serves the lower unit, and the upper unit includes a deck. A private backyard provides additional outdoor space.
The property was built in 1984 and is zoned MULT. All windows and sliding back doors were custom made and replaced in August 2025. Located in Huntingdon Valley within the Upper Moreland School District, the home is described as walkable to local shops, parks, and restaurants.
The property was built in 1984 and is zoned MULT. All windows and sliding back doors were custom made and replaced in August 2025. Located in Huntingdon Valley within the Upper Moreland School District, the home is described as walkable to local shops, parks, and restaurants.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 1 full bath in each residence
- 1,890 square feet; built in 1984
- Custom windows and sliding back doors replaced in August 2025
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$27,462
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.09%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$549,240
$549.2K
Cap Rate 7%
$392,314
$392.3K
Cap Rate 9%
$305,133
$305.1K
Market Conditions
NOI Build-Up for 1,890 SF
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.
Gross rent
$42.0K $22.20/SF
− Vacancy
−$2.7K −$1.44/SF
EGI
$39.2K $20.76/SF
− OpEx
−$11.8K −$6.23/SF
NOI
$27.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$549,240
Cap Rate 7%
$392,314
Cap Rate 9%
$305,133
Alternative Uses
Best Use
Multifamily LT 5
$392.3K
$343.3K – $457.7K
NOI $27,462 @ 7.0% cap · market cap 5.09%
Second Best
Apartment 5plus
$364.8K
$319.2K – $425.6K
NOI $25,535 @ 7.0% cap · market cap 4.74%
Theoretical Best
Specialty Retail
$1.09M
$951.3K – $1.27M
NOI $76,100 @ 7.0% cap · market cap 14.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
532
Businesses Nearby
Explore this area
Business Placement
Demographics for 19006, PA
23,148
Population
8,691
Households
2.7
Avg Household Size
45
Median Age
54%
College-Educated
96%
High-School Grad
13.3 sq mi
ZIP Area
1,740
Density / Sq Mi
$124,302
Median Household Income
$60,236
Median Earnings
$1,430
Median Rent
$518,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex with separate outdoor areas, flexible living arrangements, and recent window and door improvements.
Where is this duplex located?
The property is located at 2014 Jason Drive Huntingdon Valley, PA.
What is the asking price?
The asking price for this property is $539,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 full bath in each residence; 1,890 square feet; built in 1984; Custom windows and sliding back doors replaced in August 2025
