Fully Renovated Duplex with Central
135 RUTLEDGE Avenue Rutledge, PA 19070
New
For Sale
$550,000
MULTI_FAMILY - Colonial - RUTLEDGE, PA
Property Size2,158 SF
Lot Size0.12 Acres
Price / SF$254.87
Days on Market3
Property Features for 135 RUTLEDGE Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Parking
- 4
- Parking features
- On Street, Driveway
- Appliances
- Built-In Microwave, Stainless Steel Appliances
- Standard status
- Active
- Size
- 2,158 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Annual Amount
- 10902
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1920
- Number of units
- 1
- Building materials
- Vinyl Siding, Aluminum Siding
- Architectural style
- Colonial
Listing Agency:
Keller Williams Real Estate - Media
(610) 565-1995
Listed By:
John Knisely · License #RS337729
(484) 441-3075
Added: Jul 21
Last Checked: Jul 23 at 1:06PM
MLS# PADE2119748
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.
Investment Insights
Based on property information with market context.
This fully renovated, move-in-ready duplex offers two vacant 2-bedroom units. Unit A is on the main level and accessed from a Trex composite deck off a private paved asphalt driveway with off-street parking for four vehicles. The unit includes a mudroom, a renovated kitchen with white shaker cabinetry, granite countertops, stainless steel appliances, subway tile backsplash, and luxury vinyl plank flooring, plus a renovated full bathroom and a rear laundry room with full-size stacked front-loading washer and dryer. The fenced, level backyard features a paver patio and pergola.
Unit B occupies the second floor and includes a renovated kitchen, dining area, living room with vaulted ceilings, two bedrooms, and two full bathrooms, along with in-unit laundry storage. A finished attic is accessible from the front bedroom. Separate heating and central air for each unit include natural gas forced-air systems, separate gas water heaters, separate electric service, and separately metered utilities for straightforward management.
The property is located in Rutledge, Delaware County, Pennsylvania, in the Wallingford Swarthmore School district, with nearby access to Triangle Park, the Morton SEPTA Regional Rail station, and shopping and dining along MacDade Boulevard.
Unit B occupies the second floor and includes a renovated kitchen, dining area, living room with vaulted ceilings, two bedrooms, and two full bathrooms, along with in-unit laundry storage. A finished attic is accessible from the front bedroom. Separate heating and central air for each unit include natural gas forced-air systems, separate gas water heaters, separate electric service, and separately metered utilities for straightforward management.
The property is located in Rutledge, Delaware County, Pennsylvania, in the Wallingford Swarthmore School district, with nearby access to Triangle Park, the Morton SEPTA Regional Rail station, and shopping and dining along MacDade Boulevard.
Key Highlights
- Fully renovated, move‑in‑ready duplex with two 2‑bedroom units; Unit A on main level and Unit B on the second floor
- Projected rental income of approximately $4,200–$4,400 per month (both 2‑bedroom units currently vacant)
- Central air in both units plus separate natural gas forced‑air heating systems, separately metered utilities, and separate gas water heaters
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.8k | $18.00 |
| − Vacancy | −$5.1k | −$2.34 |
| EGI | $33.8k | $15.66 |
| − OpEx | −$10.1k | −$4.70 |
| NOI | $23.7k | $10.96 |
2,158 SF · lease $18.00/SF/yr · vacancy 13.01% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$337.9K
$295.7K – $394.2K
NOI $23,653 @ 7.0% cap · market cap 4.30%
Second Best
Apartment 5plus
$309.0K
$270.4K – $360.6K
NOI $21,633 @ 7.0% cap · market cap 3.93%
Theoretical Best
Office A
$654.3K
$572.5K – $763.3K
NOI $45,800 @ 7.0% cap · market cap 8.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Move-in-ready duplex with two vacant 2-bedroom units and separate utilities.
Where is this duplex located?
The property is located at 135 RUTLEDGE Avenue Rutledge, PA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Fully renovated, move‑in‑ready duplex with two 2‑bedroom units; Unit A on main level and Unit B on the second floor; Projected rental income of approximately $4,200–$4,400 per month (both 2‑bedroom units currently vacant); Central air in both units plus separate natural gas forced‑air heating systems, separately metered utilities, and separate gas water heaters
