Duplex With Detached
New
For Sale
$475,000
1722 FERNDALE Avenue, Abington, PA 19001
Multi-Family, ABINGTON, PA
Property Size2,412 SF
Lot Size0.14 Acres
Price / SF$196.93
Days on Market2
Property Features for 1722 FERNDALE Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
On Street, Driveway
Elementary school district
ABINGTON
Middle school district
ABINGTON
High school district
ABINGTON
Standard status
Active
Size
2,412 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Annual Amount
6475
Utilities
Heating system
Baseboard, Hot Water(Heating), Forced Air
Cooling system
Window Unit(s)
Building Details
Year built
1900
Number of units
2
Building materials
Vinyl Siding, Stucco, Stone
Architectural style
Colonial
Listing Agency:
Coldwell Banker Hearthside Realtors · Coldwell Banker Real Estate
(215) 379-2002
Listed By:
Ronald C Jobson · License #RS365758
(610) 570-7066
Added: Sep 11
Changed: Sep 12
Last Checked: Sep 12 at 9:06AM
MLS# PAMC2193140
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 2,412-square-foot Colonial duplex in Abington includes two residential units with similar core layouts: each has two bedrooms, a living room, dining room, kitchen, and an unfinished basement with laundry. Unit 1 measures approximately 1,300 square feet and adds 1.5 bathrooms plus finished attic space suited to a den, office, or additional bedrooms. Unit 2 measures approximately 1,100 square feet, includes one bathroom, and has a den with rear entry. Appliances convey with the property, which is being sold in its present condition as an estate sale.
A 576-square-foot detached garage has electric service and can accommodate parking, storage, or workshop use. The property also includes driveway parking, with additional on-street parking listed. Basement improvements include a perimeter drain, threshold drain, and sump pump system installed in August 2023; a Generac generator was installed in January 2020. The home is located in Abington near shopping, dining, schools, transportation, and major routes.
A 576-square-foot detached garage has electric service and can accommodate parking, storage, or workshop use. The property also includes driveway parking, with additional on-street parking listed. Basement improvements include a perimeter drain, threshold drain, and sump pump system installed in August 2023; a Generac generator was installed in January 2020. The home is located in Abington near shopping, dining, schools, transportation, and major routes.
Key Highlights
- 2,412‑square‑foot duplex with two 2‑bedroom residential units
- Unit 1 is approximately 1,300 square feet with 1.5 bathrooms and finished attic space
- Unit 2 is approximately 1,100 square feet with 1 bathroom and a rear‑entry den
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$35,046
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.38%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$700,920
$700.9K
Cap Rate 7%
$500,657
$500.7K
Cap Rate 9%
$389,400
$389.4K
Market Conditions
NOI Build-Up for 2,412 SF
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.
Gross rent
$53.5K $22.20/SF
− Vacancy
−$3.5K −$1.44/SF
EGI
$50.1K $20.76/SF
− OpEx
−$15.0K −$6.23/SF
NOI
$35.0K $14.53/SF
Area
Montgomery County, PA
Vacancy
6.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$700,920
Cap Rate 7%
$500,657
Cap Rate 9%
$389,400
Alternative Uses
Best Use
Multifamily LT 5
$500.7K
$438.1K – $584.1K
NOI $35,046 @ 7.0% cap · market cap 7.38%
Second Best
Apartment 5plus
$465.5K
$407.3K – $543.1K
NOI $32,587 @ 7.0% cap · market cap 6.86%
Theoretical Best
Specialty Retail
$1.39M
$1.21M – $1.62M
NOI $97,119 @ 7.0% cap · market cap 20.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
665
Businesses Nearby
Explore this area
Business Placement
Demographics for 19001, PA
17,215
Population
6,643
Households
2.6
Avg Household Size
40
Median Age
47%
College-Educated
94%
High-School Grad
3.2 sq mi
ZIP Area
5,380
Density / Sq Mi
$105,271
Median Household Income
$58,019
Median Earnings
$1,355
Median Rent
$343,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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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?
Duplex - Two residential units offer separate living areas, basement laundry, attic space, and driveway parking.
Where is this duplex located?
The property is located at 1722 FERNDALE Avenue Abington, PA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 2,412‑square‑foot duplex with two 2‑bedroom residential units; Unit 1 is approximately 1,300 square feet with 1.5 bathrooms and finished attic space; Unit 2 is approximately 1,100 square feet with 1 bathroom and a rear‑entry den
