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    Legal Duplex with Rear Deck Title is generated by Realmo AI

    17 Main Avenue, Berwyn, PA 19312

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    Claim this Listing
    New
    For Sale
    $445,000

    Operating as a legal duplex, this property offers two 1BR/1BA units with private laundry and outdoor spaces.

    Type:Multi-Family / Fee Simple
    Property size:
    1,408 SF
    Price / SF:
    $316/SF
    Added:
    Jun 4, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 6 at 4:41 am

    Property Features for 17 Main Avenue

    General Information

    Standard status
    Active
    Size
    1,408 SF
    Property subtype
    Multi-Family / Fee Simple

    Building Details

    Year Built
    1915

    We can help!

    Listing Contact
    Deanna L Albanese
    Deanna L Albanese

    Listing agent Deanna L Albanese License #AB067270

    Listing office Long & Foster Real Estate, Inc.

    Listing date Jun 4, 2026

    Source Compass

    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 Long & Foster Real Estate, Inc.

    HighLights

    • Operating as a legal duplex with two 1BR/1BA units, each with its own porch and private laundry
    • Main level 1BR/1BA is tenant‑occupied through 8/15/26
    • Upstairs 1BR/1BA has central air and a washer and dryer, with access via the driveway‑side porch or stairs to the rear deck
    • Outdoor space includes an enclosed front porch and expansive rear deck overlooking a well‑landscaped yard plus a private courtyard
    • Historic character features include stained glass window, original decorative radiators, and French doors
    • Separate laundry/mudroom with rear access to the driveway and a shared 2‑unit storage shed

    Overview

    This Berwyn duplex is currently operating as a legal two-unit property, with the flexibility to convert back to a single-family home. The main level features a 1BR/1BA layout with a glass-enclosed front porch, a large living room with hardwood floors, stained glass detailing, original decorative radiators, and French doors to an oversized bedroom with a closet. The full bath includes a claw foot tub/shower and a vanity with storage. The kitchen offers white cabinetry, an electric range, and a stainless refrigerator, and there is a separate laundry/mudroom with rear access to the driveway.

    Upstairs provides an additional 1BR/1BA unit with dual access via the driveway-side porch or stairs up to an expansive rear deck that overlooks the landscaped yard. This unit includes a kitchen with newer white cabinetry and an oversized window, a washer and dryer, a living/dining area with wall-to-wall carpet, a walk-in closet, and a spacious bedroom. Central air is also available. Both units share use of a private courtyard-style rear yard with privacy and greenery, and there is a shared two-unit storage shed in the yard.

    From a tenant or buyer perspective, the layout supports independent living with each unit having its own porch and in-unit laundry, plus access to additional storage. Lease information is available upon request.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Berwyn
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.441511
    Latitude
    40.0472075

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    FAQs

    What type of property is this?
    Duplex - Operating as a legal duplex, this property offers two 1BR/1BA units with private laundry and outdoor spaces.
    Where is this duplex located?
    The property is located at 17 Main Avenue Berwyn, PA.
    What is the asking price?
    The asking price for this property is $445,000.
    What are key features of this property?
    This property features: Operating as a legal duplex with two 1BR/1BA units, each with its own porch and private laundry; Main level 1BR/1BA is tenant‑occupied through 8/15/26; Upstairs 1BR/1BA has central air and a washer and dryer, with access via the driveway‑side porch or stairs to the rear deck
    (267) 251-5463
    We can help!
    Listing Contact
    Deanna L Albanese
    Deanna L Albanese
    Real Estate License ID: AB067270
    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.

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