Two-Unit Duplex with
137 MEADOWBROOK Lane, Brookhaven, PA 19015
For Sale
$359,900
Multi-Family, BROOKHAVEN, PA
Property Size1,904 SF
Lot Size0.08 Acres
Price / SF$189.02
Days on Market41
Property Features for 137 MEADOWBROOK Lane
General Information
Property type
Property subtype
Rooms
Parking features
Elementary school district
Middle school district
High school district
Standard status
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Cooling system
Amenities
laundry facilities
Building Details
Year built
Number of units
Building materials
Architectural style
Buildings
Listing Agency:
Springer Realty Group
(484) 498-4000
Listed By:
Kelly L Stipa · License PA RS226297L
(267) 249-9000
Added: Sep 30
Changed: Nov 7
Last Checked: Nov 9 at 12:06PM
MLS# PADE2124618
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 1,904-square-foot duplex contains two apartments, each with a two-bedroom, one-bath layout. A common secure foyer provides access to both units. The basement includes storage, two washer-and-dryer sets for tenant use, and a rear exterior entrance. Gas forced-air heat serves the property, with window air-conditioning units and ceiling fans listed for cooling. Built in 1980, the building has stucco construction.
The 0.08-acre property has a driveway that extends from the front toward the rear, with 3-4 additional parking spaces. Both units are currently rented, and tenants pay their own water, electricity, and Wi-Fi costs.
The 0.08-acre property has a driveway that extends from the front toward the rear, with 3-4 additional parking spaces. Both units are currently rented, and tenants pay their own water, electricity, and Wi-Fi costs.
Key Highlights
- Two apartments, each with 2 bedrooms and 1 full bath
- 1,904 square feet on a 0.08‑acre lot
- Basement has storage, two washer‑and‑dryer sets, and a rear exterior entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,869
Cap Rate
5.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$417,380
$417.4K
Cap Rate 7%
$298,129
$298.1K
Cap Rate 9%
$231,878
$231.9K
Market Conditions
NOI Build-Up for 1,904 SF
Gross rent
$34.3K $18.00/SF
− Vacancy
−$4.5K −$2.34/SF
EGI
$29.8K $15.66/SF
− OpEx
−$8.9K −$4.70/SF
NOI
$20.9K $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%
$417,380
Cap Rate 7%
$298,129
Cap Rate 9%
$231,878
Alternative Uses
Best Use
Multifamily LT 5
$298.1K
$260.9K – $347.8K
NOI $20,869 @ 7.0% cap · market cap 5.80%
Second Best
Apartment 5plus
$272.7K
$238.6K – $318.1K
NOI $19,087 @ 7.0% cap · market cap 5.30%
Theoretical Best
Office A
$652.6K
$571.0K – $761.4K
NOI $45,681 @ 7.0% cap · market cap 12.69%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
464
Businesses Nearby
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Business Placement
Demographics for 19015, PA
16,260
Population
7,160
Households
2.3
Avg Household Size
39
Median Age
29%
College-Educated
94%
High-School Grad
2.9 sq mi
ZIP Area
5,607
Density / Sq Mi
$84,783
Median Household Income
$49,480
Median Earnings
$1,170
Median Rent
$232,800
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Delaware County, PA
Properties on Market for Duplexes in Delaware County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each apartment has two bedrooms and one full bath, reached through a shared secure foyer.
Where is this duplex located?
The property is located at 137 MEADOWBROOK Lane Brookhaven, PA.
What is the asking price?
The asking price for this property is $359,900.
What are key features of this property?
This property features: Two apartments, each with 2 bedrooms and 1 full bath; 1,904 square feet on a 0.08‑acre lot; Basement has storage, two washer‑and‑dryer sets, and a rear exterior entrance
