Duplex Residential Income
For Sale
$239,900
223 LONG LANE, Upper Darby, PA 19082
Duplex for sale in Upper Darby, PA within the Upper Darby School District.
Property Size2,044 SF
Days on Market165
Property Features for 223 LONG LANE
General Information
Standard status
Active
Size
2,044 SF
Property subtype
Duplex
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,070
Building Details
Building Size
2,044 SF
Year Built
1920
Listing Agency:
KW Empower
Listed By:
Gaurav Gambhir · License #AB067538
(267) 994-3870
Source:
Patmckennarealtors
Added: Apr 26
Changed: Oct 6
Last Checked: Oct 5 at 10:36PM
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 KW Empower
Investment Insights
Based on property information with market context.
This duplex residential income property is offered for sale in Upper Darby, Pennsylvania. The listing describes the home as having a solid layout and “strong bones,” positioned for an investor who is looking for a value-add approach through renovation and improved performance.
The property is located in Delaware County and falls under the Upper Darby School District (MLS area: Upper Darby Twp, 10416). Additional details such as specific building condition, updates, or unit configuration are not provided in the available information.
For buyers evaluating multifamily or residential income opportunities, this listing presents a duplex option with an identified investor-focused strategy centered on bringing the property to its next level through renovation.
The property is located in Delaware County and falls under the Upper Darby School District (MLS area: Upper Darby Twp, 10416). Additional details such as specific building condition, updates, or unit configuration are not provided in the available information.
For buyers evaluating multifamily or residential income opportunities, this listing presents a duplex option with an identified investor-focused strategy centered on bringing the property to its next level through renovation.
Key Highlights
- Duplex for sale in Upper Darby, PA
- Year built: 1920
- Upper Darby School District (UPPER DARBY)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,490
Cap Rate
8.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$409,800
$409.8K
Cap Rate 7%
$292,714
$292.7K
Cap Rate 9%
$227,667
$227.7K
Market Conditions
NOI Build-Up for 2,044 SF
Gross rent
$43.2K $21.12/SF
− Vacancy
−$5.9K −$2.89/SF
EGI
$37.3K $18.23/SF
− OpEx
−$16.8K −$8.20/SF
NOI
$20.5K $10.02/SF
Area
Delaware County, PA
Vacancy
13.70%
Lease Rate
$21.12 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$409,800
Cap Rate 7%
$292,714
Cap Rate 9%
$227,667
Alternative Uses
Best Use
Multifamily LT 5
$320.1K
$280.1K – $373.4K
NOI $22,404 @ 7.0% cap · market cap 9.34%
Second Best
Apartment 5plus
$292.7K
$256.1K – $341.5K
NOI $20,490 @ 7.0% cap · market cap 8.54%
Theoretical Best
Office A
$619.7K
$542.3K – $723.0K
NOI $43,380 @ 7.0% cap · market cap 18.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,920
Businesses Nearby
Explore this area
Business Placement
Demographics for 19082, PA
42,761
Population
16,775
Households
2.5
Avg Household Size
35
Median Age
23%
College-Educated
84%
High-School Grad
2.6 sq mi
ZIP Area
16,447
Density / Sq Mi
$55,551
Median Household Income
$36,139
Median Earnings
$1,178
Median Rent
$155,400
Median Home Value
Check the figures for this property
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?
Duplex - Duplex for sale in Upper Darby, PA within the Upper Darby School District.
Where is this duplex located?
The property is located at 223 LONG LANE Upper Darby, PA.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Duplex for sale in Upper Darby, PA; Year built: 1920; Upper Darby School District (UPPER DARBY)
