Brick Triplex with Detached
For Sale
$350,000
201 MCKINLEY Avenue, Lansdowne, PA 19050
Multi-Family, LANSDOWNE, PA
Property Size1,450 SF
Lot Size0.01 Acres
Price / SF$241.38
Days on Market74
Property Features for 201 MCKINLEY Avenue
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Rooms
Basement
Parking
3
Parking features
Garage - Detached, Driveway
Interior features
Bathroom - Tub Shower, Studio
Appliances
Oven/Range - Gas, Refrigerator
Elementary school
E LANSDOWN
Middle school
PENNWOOD EAST
High school
PENN WOOD
Elementary school district
WILLIAM PENN
Middle school district
WILLIAM PENN
High school district
WILLIAM PENN
Standard status
Active
Size
1,450 SF
Lot size
0.01 Acres
Taxes and HOA fees
Tax Annual Amount
6010
Utilities
Heating system
Baseboard, Hot Water(Heating), Electric (Heating)
Cooling system
Wall Unit(s)
Building Details
Year built
1956
Number of units
3
Building materials
Brick, Concrete
Architectural style
Other
Listing Agency:
Whitney Sims Realty LLC
(610) 525-4575
Listed By:
Kolawole L Ojulari · License #RS285372
(610) 818-5596
Added: Jul 26
Changed: Sep 17
Last Checked: Oct 7 at 6:06PM
MLS# PADE2119836
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 1,450-square-foot triplex was built in 1956 with brick and concrete construction. The interior includes hardwood flooring, studio-style living space, and a bathroom with a tub shower. Kitchens are equipped with gas oven/ranges and refrigerators. Heating is provided by hot water, electric, and baseboard systems, while wall unit(s) provide cooling.
Exterior features include lighting, sidewalks, a crushed-stone driveway, and a detached garage accommodating three vehicles. The full basement has an outside entrance and provides additional storage or adaptable space. Public transportation is less than one mile away, and the property is within 10 miles of the airport.
Exterior features include lighting, sidewalks, a crushed-stone driveway, and a detached garage accommodating three vehicles. The full basement has an outside entrance and provides additional storage or adaptable space. Public transportation is less than one mile away, and the property is within 10 miles of the airport.
Key Highlights
- 1,450 SF triplex built in 1956
- Brick and concrete construction
- Detached garage with space for three vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,893
Cap Rate
4.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$317,860
$317.9K
Cap Rate 7%
$227,043
$227.0K
Cap Rate 9%
$176,589
$176.6K
Market Conditions
NOI Build-Up for 1,450 SF
Gross rent
$26.1K $18.00/SF
− Vacancy
−$3.4K −$2.34/SF
EGI
$22.7K $15.66/SF
− OpEx
−$6.8K −$4.70/SF
NOI
$15.9K $10.96/SF
Area
Delaware County, PA
Vacancy
13.01%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$317,860
Cap Rate 7%
$227,043
Cap Rate 9%
$176,589
Alternative Uses
Best Use
Multifamily LT 5
$227.0K
$198.7K – $264.9K
NOI $15,893 @ 7.0% cap · market cap 4.54%
Second Best
Apartment 5plus
$207.7K
$181.7K – $242.3K
NOI $14,536 @ 7.0% cap · market cap 4.15%
Theoretical Best
Office A
$439.6K
$384.7K – $512.9K
NOI $30,774 @ 7.0% cap · market cap 8.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,256
Businesses Nearby
Explore this area
Business Placement
Demographics for 19050, PA
29,176
Population
12,695
Households
2.3
Avg Household Size
40
Median Age
30%
College-Educated
92%
High-School Grad
3.7 sq mi
ZIP Area
7,885
Density / Sq Mi
$62,517
Median Household Income
$44,408
Median Earnings
$1,166
Median Rent
$188,700
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?
Triplex - Brick-and-concrete triplex with studio interiors, a full basement, and dedicated off-street parking.
Where is this triplex located?
The property is located at 201 MCKINLEY Avenue Lansdowne, PA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1,450 SF triplex built in 1956; Brick and concrete construction; Detached garage with space for three vehicles
