Renovated Four-Unit
New
For Sale
$749,000
1721 FOURTH Street, Langhorne, PA 19047
Multi-Family, LANGHORNE, PA
Property Size3,845 SF
Lot Size1.00 Acre
Price / SF$194.80
Days on Market2
Property Features for 1721 FOURTH Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking
1
Parking features
Garage - Attached, Driveway
Fireplace
1
Subdivision
LANGHORNE GDNS
Elementary school district
NESHAMINY
Middle school district
NESHAMINY
High school district
NESHAMINY
Standard status
Active
Size
3,845 SF
Lot size
1.00 Acre
Taxes and HOA fees
Tax Annual Amount
7800
Utilities
Heating system
Central, Baseboard, Electric (Heating)
Cooling system
Multi Units
Building Details
Year built
1964
Number of units
4
Building materials
Block, Vinyl Siding
Architectural style
Cape Cod
Listing Agency:
Market Force Realty
(866) 993-8585
Listed By:
Inga Aptekar · License #RS320617
(267) 247-6803
Added: Oct 12
Last Checked: Oct 13 at 12:06PM
MLS# PABU2133288
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 3,845-square-foot quadplex contains four residences with individual entrances. Unit 1 is an approximately 1,100-square-foot, single-level home with three bedrooms, two full bathrooms, and a renovated kitchen, flooring, and plumbing. The two-floor Unit 2 measures approximately 1,350 square feet, with its living room and kitchen downstairs and three bedrooms and two full bathrooms upstairs; its renovation included the kitchen, bathrooms, tile, and luxury vinyl flooring. Unit 3 is an approximately 700-square-foot basement apartment with two bedrooms, a separate entrance, and renovations completed about five years ago. The approximately 330-square-foot studio was built about a year ago.
The studio connects internally to Unit 1, while Unit 3 connects to Unit 2. Unit 2 currently has no interior connection, though one could be created. The property also includes an attached garage and driveway parking. Built in 1964, it has block and vinyl siding construction, central and baseboard heating, multi-unit cooling, and a fireplace.
The studio connects internally to Unit 1, while Unit 3 connects to Unit 2. Unit 2 currently has no interior connection, though one could be created. The property also includes an attached garage and driveway parking. Built in 1964, it has block and vinyl siding construction, central and baseboard heating, multi-unit cooling, and a fireplace.
Key Highlights
- 3,845‑square‑foot quadplex with four separate residences
- Unit 1: approximately 1,100 square feet, three bedrooms, and two full bathrooms
- Unit 2: approximately 1,350 square feet across two floors, with three bedrooms and two full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,607
Cap Rate
6.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$952,140
$952.1K
Cap Rate 7%
$680,100
$680.1K
Cap Rate 9%
$528,967
$529.0K
Market Conditions
NOI Build-Up for 3,845 SF
Gross rent
$89.5K $23.28/SF
− Vacancy
−$3.0K −$0.77/SF
EGI
$86.6K $22.51/SF
− OpEx
−$39.0K −$10.13/SF
NOI
$47.6K $12.38/SF
Area
Bucks County, PA
Vacancy
3.30%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$952,140
Cap Rate 7%
$680,100
Cap Rate 9%
$528,967
Alternative Uses
Best Use
Apartment 5plus
$680.1K
$595.1K – $793.5K
NOI $47,607 @ 7.0% cap · market cap 6.36%
Second Best
Multifamily LT 5
$651.7K
$570.3K – $760.4K
NOI $45,621 @ 7.0% cap · market cap 6.09%
Theoretical Best
Office A
$1.17M
$1.02M – $1.36M
NOI $81,604 @ 7.0% cap · market cap 10.90%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
846
Businesses Nearby
Explore this area
Business Placement
Demographics for 19047, PA
35,452
Population
13,150
Households
2.7
Avg Household Size
45
Median Age
45%
College-Educated
97%
High-School Grad
17.2 sq mi
ZIP Area
2,061
Density / Sq Mi
$110,395
Median Household Income
$55,992
Median Earnings
$1,770
Median Rent
$441,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four independent residences combine separate entrances with select interior connections and a mix of apartment layouts.
Where is this quadplex located?
The property is located at 1721 FOURTH Street Langhorne, PA.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: 3,845‑square‑foot quadplex with four separate residences; Unit 1: approximately 1,100 square feet, three bedrooms, and two full bathrooms; Unit 2: approximately 1,350 square feet across two floors, with three bedrooms and two full bathrooms
