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Two-Unit Duplex with Laundry

2002 JASON Drive, Huntingdon Valley, PA 19006

For Sale
New
$539,000

Multi-Family, HUNTINGDON VALLEY, PA

Property Size1,890 SF
Lot Size0.04 Acres
Price / SF$285.19
Days on Market1

Property Features for 2002 JASON Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking 4
Parking features Driveway
Elementary school district UPPER MORELAND
Middle school district UPPER MORELAND
High school district UPPER MORELAND
Standard status Active
Size 1,890 SF
Lot size 0.04 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Annual Amount 6243

Utilities

Heating system Central
Cooling system Central Air

Amenities

washer/dryer

Building Details

Year built 1984
Number of units 2
Building materials Stucco
Architectural style Other
Buildings 1
Listing Agency: Keller Williams Real Estate - Newtown · Keller Williams Realty
Listed By: William J Eaves · License PA AB068717
Added: Nov 13 Last Checked: Nov 13 at 11:06PM
MLS# PAMC2200252

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.

This 1,890-square-foot duplex contains two 2-bedroom residences, each equipped with a full-size washer and dryer. Built in 1984, the property has stucco construction, central heating and central air conditioning, with driveway parking. The lot encompasses 0.0434 acres.

The second-floor residence is occupied by a long-term tenant; the first-floor unit is vacant for rental or owner occupancy. The association provides lawn maintenance for $75 per month. The property backs onto an open area, adding separation behind the building.

Key Highlights

  • Two 2‑bedroom units, each with a full‑size washer and dryer
  • 1,890 square feet on a 0.0434‑acre lot
  • Second‑floor unit occupied by a long‑term tenant; first‑floor unit available for rental or owner occupancy

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,462
Cap Rate
5.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$549,240 $549.2K
Cap Rate 7%
$392,314 $392.3K
Cap Rate 9%
$305,133 $305.1K
Market Conditions
NOI Build-Up for 1,890 SF
Gross rent
$42.0K $22.20/SF
− Vacancy
−$2.7K −$1.44/SF
EGI
$39.2K $20.76/SF
− OpEx
−$11.8K −$6.23/SF
NOI
$27.5K $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%
$549,240
Cap Rate 7%
$392,314
Cap Rate 9%
$305,133

Alternative Uses

Best Use
Multifamily LT 5
$392.3K
$343.3K – $457.7K (±1% cap)
NOI $27,462 @ 7.0% cap · market cap 5.09%
Second Best
Apartment 5plus
$364.8K
$319.2K – $425.6K (±1% cap)
NOI $25,535 @ 7.0% cap · market cap 4.74%
Theoretical Best
Specialty Retail
$1.09M
$951.3K – $1.27M (±1% cap)
NOI $76,100 @ 7.0% cap · market cap 14.12%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

532
Businesses Nearby

Demographics for 19006, PA

23,148
Population
8,691
Households
2.7
Avg Household Size
45
Median Age
54%
College-Educated
96%
High-School Grad
13.3 sq mi
ZIP Area
1,740
Density / Sq Mi
$124,302
Median Household Income
$60,236
Median Earnings
$1,430
Median Rent
$518,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Montgomery County, PA

$206 Jul
$206 Aug
$207 Sep
$191 Oct

Properties on Market for Duplexes in Montgomery County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences have two bedrooms and individual full-size washers and dryers.
Where is this duplex located?
The property is located at 2002 JASON Drive Huntingdon Valley, PA.
What is the asking price?
The asking price for this property is $539,000.
What are key features of this property?
This property features: Two 2‑bedroom units, each with a full‑size washer and dryer; 1,890 square feet on a 0.0434‑acre lot; Second‑floor unit occupied by a long‑term tenant; first‑floor unit available for rental or owner occupancy
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