Duplex with Attached
New
For Sale
$420,000
2113 KEITH Road, Abington, PA 19001
Multi-Family, ABINGTON, PA
Property Size1,238 SF
Lot Size0.22 Acres
Price / SF$339.26
Days on Market2
Property Features for 2113 KEITH Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking
1
Parking features
Garage - Attached, On Street, Paved or Surfaced
Subdivision
HIGHLAND FARMS
Elementary school
HIGHLAND
Middle school
ABINGTON JUNIOR HIGH SCHOOL
High school
ABINGTON SENIOR
Elementary school district
ABINGTON
Middle school district
ABINGTON
High school district
ABINGTON
Standard status
Active
Size
1,238 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Annual Amount
5348
Utilities
Heating system
Other (Heating)
Cooling system
Window Unit(s)
Building Details
Year built
1941
Number of units
2
Building materials
Frame
Architectural style
Cape Cod
Listing Agency:
RE/MAX One Realty · RE/MAX International
(215) 467-2892
Listed By:
Meredith Fazio · License #RS379793
(215) 630-2137
Added: Aug 22
Last Checked: Aug 23 at 2:06PM
MLS# PAMC2188372
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 Cape Cod duplex contains 1,238 square feet on a 0.2152-acre lot and was built in 1941. The main-level residence includes two bedrooms, one full bathroom, a living room, and a kitchen. The upper unit has one bedroom, one full bathroom, and additional living space. One unit is tenant-occupied. An unfinished basement provides storage and may offer future finishing potential subject to required approvals.
Parking includes an attached garage, paved or surfaced areas, and on-street spaces. The property is near Highland Elementary School, Willow Grove Park Mall, Roslyn SEPTA Regional Rail Station, Abington Hospital, and major commuter routes. Construction is frame, with window unit cooling and other heating.
Parking includes an attached garage, paved or surfaced areas, and on-street spaces. The property is near Highland Elementary School, Willow Grove Park Mall, Roslyn SEPTA Regional Rail Station, Abington Hospital, and major commuter routes. Construction is frame, with window unit cooling and other heating.
Key Highlights
- 1,238‑square‑foot duplex on a 0.2152‑acre lot
- Two‑bedroom first‑floor unit with one full bath
- One‑bedroom second‑floor unit with one full bath
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
$17,988
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
4.28%
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%
$359,760
$359.8K
Cap Rate 7%
$256,971
$257.0K
Cap Rate 9%
$199,867
$199.9K
Market Conditions
NOI Build-Up for 1,238 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
$27.5K $22.20/SF
− Vacancy
−$1.8K −$1.44/SF
EGI
$25.7K $20.76/SF
− OpEx
−$7.7K −$6.23/SF
NOI
$18.0K $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%
$359,760
Cap Rate 7%
$256,971
Cap Rate 9%
$199,867
Alternative Uses
Best Use
Multifamily LT 5
$257.0K
$224.9K – $299.8K
NOI $17,988 @ 7.0% cap · market cap 4.28%
Second Best
Apartment 5plus
$238.9K
$209.1K – $278.8K
NOI $16,726 @ 7.0% cap · market cap 3.98%
Theoretical Best
Specialty Retail
$712.1K
$623.1K – $830.8K
NOI $49,848 @ 7.0% cap · market cap 11.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,849
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer separate living areas, with one currently occupied by a tenant.
Where is this duplex located?
The property is located at 2113 KEITH Road Abington, PA.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: 1,238‑square‑foot duplex on a 0.2152‑acre lot; Two‑bedroom first‑floor unit with one full bath; One‑bedroom second‑floor unit with one full bath
