Duplex with Detached
For Sale
Under Contract
$450,000
1722 FERNDALE Avenue, Abington, PA 19001
Multi-Family, ABINGTON, PA
Property Size2,412 SF
Lot Size0.14 Acres
Price / SF$186.57
Days on Market48
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 Under Contract
Size
2,412 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Annual Amount
6475
Utilities
Heating system
Hot Water(Heating), Baseboard, 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: Oct 15
Last Checked: Oct 28 at 2:06PM
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.
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Investment Insights
Based on property information with market context.
The Abington property contains two residences totaling 2,412 square feet. The first unit is approximately 1,300 square feet, with two bedrooms, 1.5 bathrooms, living and dining rooms, a kitchen, and an unfinished basement with laundry. Finished attic space is reached through the primary bedroom. The second unit is approximately 1,100 square feet and has two bedrooms, one bathroom, living and dining rooms, a kitchen, an unfinished basement with laundry, and a den with rear entry. A detached 576-square-foot garage has electric service. The property also includes a Generac generator installed in January 2020; basement drainage work and a new sump pump were completed in August 2023.
Located at 1722 Ferndale Avenue, the property occupies a 0.1435-acre lot. Driveway parking is available, and street parking is also listed. Appliances are included. This estate sale is offered in its present condition; the cleanout is underway, and remaining personal belongings will be the buyer’s responsibility.
Located at 1722 Ferndale Avenue, the property occupies a 0.1435-acre lot. Driveway parking is available, and street parking is also listed. Appliances are included. This estate sale is offered in its present condition; the cleanout is underway, and remaining personal belongings will be the buyer’s responsibility.
Key Highlights
- Two‑unit residential property with 2,412 square feet
- Unit 1: approximately 1,300 square feet, 2 bedrooms, and 1.5 bathrooms
- Unit 2: approximately 1,100 square feet, 2 bedrooms, and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,046
Cap Rate
7.79%
Suggested Prices Based on Cap Rates
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
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 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 7.79%
Second Best
Apartment 5plus
$465.5K
$407.3K – $543.1K
NOI $32,587 @ 7.0% cap · market cap 7.24%
Theoretical Best
Specialty Retail
$1.39M
$1.21M – $1.62M
NOI $97,119 @ 7.0% cap · market cap 21.58%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
665
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer separate living areas, basements with laundry, 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 $450,000.
What are key features of this property?
This property features: Two‑unit residential property with 2,412 square feet; Unit 1: approximately 1,300 square feet, 2 bedrooms, and 1.5 bathrooms; Unit 2: approximately 1,100 square feet, 2 bedrooms, and 1 bathroom
