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    16 N 9TH Street Darby, PA 19023

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    For Sale
    $545,000

    MULTI_FAMILY - DARBY, PA

    Property size:
    6,000 SF
    Lot size:
    0.08 Acres
    Price / SF:
    $90/SF
    Added:
    Jan 27, 2026
    Days on Market:
    92
    Last Refresh:
    Apr 29 at 8:06 am

    Property Features for 16 N 9TH Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Basement
    Parking
    10
    Parking features
    Driveway, Parking Lot
    Standard status
    Active
    Size
    6,000 SF
    Lot size
    0.08 Acres

    Taxes and HOA fees

    Tax Annual Amount
    8086

    Utilities

    Heating system
    Hot Water(Heating), Baseboard

    Building Details

    Year built
    1915
    Number of units
    4
    Building materials
    Brick

    We can help!

    Listing Contact
    Michael P Gennett

    Listing agent Michael P Gennett License #RS212545L

    Listing office Keller Williams Real Estate - Media 1400 N Providence Road unit: Suite 1000, Media, PA

    Listing date Jan 27, 2026

    MLS# PADE2107180 Listing URL

    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.

    Overview

    Mixed-Use Investment Opportunity

    This mixed-use property presents an investment opportunity with a 9% cap rate at list price. The property features a fully operational restaurant on the first floor, benefiting from its location just off Main Street. Above the restaurant, there are three residential apartments: two 2-bedroom units and one 1-bedroom unit. The property has a solid rent history with reliable tenants and is located in a high-demand rental area with historically minimal vacancy. It includes a newer roof and a parking lot. Separate utilities are in place for all units, except for water. The building is well-maintained. The restaurant equipment is owned by the seller, and while the business is not included in the base sale, it can be negotiated. The property is approximately 6000 square feet and is situated on a lot of approximately 0.08 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    D'Cafe Cafe & Coffee Shop

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Darby
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.26152
    Latitude
    39.91895

    Nearby Similar for Sale

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      Versatile Mixed-Use Property in Darby

      High-visibility location with flexible potential for various uses.
      115 CLIFTON AVENUE, DARBY, PA 19023
      View Details
    • $545,000

      Mixed-Use Investment Opportunity

      Turnkey property with restaurant and apartments, strong income potential.
      16 N 9TH ST STREET, DARBY, PA 19023
      View Details
    • $749,900

      Darby Auto Car Lot

      Auto car lot with showroom, offices, and service facility.
      77 CHESTER PIKE, DARBY, PA 19023
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    • $410,000
      3,600 SF

      Mixed-Use Property with Apartments

      3,600 SF commercial space with apartments for sale.
      721 Macdade Blvd, Darby, PA
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Turnkey mixed-use property with restaurant and apartments, 9% cap rate.
    Where is this mixed-use property located?
    The property is located at 16 N 9TH Street Darby, PA.
    What is the asking price?
    The asking price for this property is $545,000.
    What are key features of this property?
    This property features: Strong 9% Cap Rate: Offers immediate and compelling return on investment.; Turnkey Mixed‑Use Property: Combines commercial and residential income streams for stability.; Fully Operational Restaurant: Provides established cash flow with potential for business acquisition.
    (610) 580-6365
    We can help!
    Listing Contact
    Michael P Gennett
    Real Estate License ID: RS212545L
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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