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Updated Tenant-Occupied Duplex
For Sale
$339,999

206 BROOKDALE AVENUE, Glenside, PA 19038

Two renovated one-bedroom units offer existing occupancy, separate living spaces, laundry, parking, and outdoor areas.

Property Size1,490 SF
Price / SF$228.19
Days on Market56

Property Features for 206 BROOKDALE AVENUE

General Information

Standard status Active
Size 1,490 SF
Property subtype Duplex

Financials

Gross Income $33,600
Average Monthly Rent $1,400

Units

Unit Mix 2 x 1BR/1BA
Multifamily Units 2

Additional Details

Public Transit Yes

Amenities

shared front porch
small yard
basement storage
washer and dryer

Building Details

Year Built 1945
Tenancy Multi
Listing Agency: Weichert Realtors
Listed By: Ross Sterling Green · License #RS354760
Source: Cummingsrealtors
Added: Aug 13 Changed: Oct 6 Last Checked: Oct 7 at 1:56PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Weichert Realtors

Investment Insights

Based on property information with market context.

This 1,490-square-foot duplex, built in 1945, contains two one-bedroom residences with separate living areas, kitchens, full bathrooms, and in-unit washer and dryer facilities. The first-floor apartment includes a dining room, shared front porch, driveway parking, a small yard, and basement storage. Renovation work was completed in 2022 for the lower unit and 2024 for the upper unit.

Both apartments are tenant occupied, with Unit 1 leased through 7/31/2027 and Unit 2 leased through 8/30/2027. The property is located at 206 Brookdale Avenue in Glenside, within walking distance of shops, parks, the library, and Glenside Train Station.

Key Highlights

  • Two‑unit duplex with 1,490 SF and 1945 construction
  • First‑floor one‑bedroom unit renovated in 2022
  • Second‑floor one‑bedroom unit renovated in 2024

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,650
Cap Rate
6.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$433,000 $433.0K
Cap Rate 7%
$309,286 $309.3K
Cap Rate 9%
$240,556 $240.6K
Market Conditions
NOI Build-Up for 1,490 SF
Gross rent
$33.1K $22.20/SF
− Vacancy
−$2.2K −$1.44/SF
EGI
$30.9K $20.76/SF
− OpEx
−$9.3K −$6.23/SF
NOI
$21.6K $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%
$433,000
Cap Rate 7%
$309,286
Cap Rate 9%
$240,556

Alternative Uses

Best Use
Multifamily LT 5
$309.3K
$270.6K – $360.8K (±1% cap)
NOI $21,650 @ 7.0% cap · market cap 6.37%
Second Best
Apartment 5plus
$287.6K
$251.6K – $335.5K (±1% cap)
NOI $20,130 @ 7.0% cap · market cap 5.92%
Theoretical Best
Specialty Retail
$857.1K
$749.9K – $999.9K (±1% cap)
NOI $59,994 @ 7.0% cap · market cap 17.65%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Daycare Center Computer & Electronic Repair Electrical Service Veterinary Clinic Parking Lot & Garage Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

922
Businesses Nearby

Demographics for 19038, PA

32,490
Population
11,889
Households
2.7
Avg Household Size
40
Median Age
56%
College-Educated
96%
High-School Grad
8.2 sq mi
ZIP Area
3,962
Density / Sq Mi
$113,464
Median Household Income
$56,934
Median Earnings
$1,407
Median Rent
$387,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two renovated one-bedroom units offer existing occupancy, separate living spaces, laundry, parking, and outdoor areas.
Where is this duplex located?
The property is located at 206 BROOKDALE AVENUE Glenside, PA.
What is the asking price?
The asking price for this property is $339,999.
What are key features of this property?
This property features: Two‑unit duplex with 1,490 SF and 1945 construction; First‑floor one‑bedroom unit renovated in 2022; Second‑floor one‑bedroom unit renovated in 2024
More about this property
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