Two-Unit Duplex with Detached
For Sale
$545,000
3 TRENTON Road, Langhorne, PA 19047
Multi-Family, LANGHORNE, PA
Property Size2,718 SF
Price / SF$200.52
Days on Market49
Property Features for 3 TRENTON Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking
8
Parking features
Driveway, Garage - Detached
Elementary school district
NESHAMINY
Middle school district
NESHAMINY
High school district
NESHAMINY
Standard status
Active
Size
2,718 SF
Taxes and HOA fees
Tax Annual Amount
4811
Utilities
Heating system
Forced Air, Hot Water(Heating), Baseboard
Cooling system
Window Unit(s)
Amenities
detached garage
Building Details
Year built
1858
Number of units
2
Building materials
Frame
Architectural style
Colonial
Listing Agency:
EXP Realty, LLC
(888) 397-7352
Listed By:
Kelsey Mondelli · License #RS331474
(215) 595-7756
Added: Aug 3
Changed: Sep 17
Last Checked: Sep 20 at 7:06PM
MLS# PABU2127946
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 2,718-square-foot duplex, built in 1858, contains two distinct residences within a Colonial-style frame structure. The first-floor apartment provides approximately 2 bedrooms and 1 full bathroom, along with an eat-in kitchen, living room, laundry area, and basement storage. The upper residence includes 3 bedrooms and 1 full bathroom, a kitchen with stackable laundry, private rear entry, and attic storage.
A detached garage and oversized driveway provide off-street parking for the property. Building systems include forced-air, baseboard, and hot-water heating, while window units provide cooling. The basement houses two newer water heaters, with one serving each apartment. The property is in Hulmeville Borough near shopping, dining, and major commuter routes.
A detached garage and oversized driveway provide off-street parking for the property. Building systems include forced-air, baseboard, and hot-water heating, while window units provide cooling. The basement houses two newer water heaters, with one serving each apartment. The property is in Hulmeville Borough near shopping, dining, and major commuter routes.
Key Highlights
- 2,718 SF duplex with approximately 2‑bedroom and 3‑bedroom residences
- Built in 1858; Colonial architectural style with frame construction
- Detached garage and oversized driveway provide off‑street parking
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
$33,653
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
6.17%
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%
$673,060
$673.1K
Cap Rate 7%
$480,757
$480.8K
Cap Rate 9%
$373,922
$373.9K
Market Conditions
NOI Build-Up for 2,718 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
$63.3K $23.28/SF
− Vacancy
−$2.1K −$0.77/SF
EGI
$61.2K $22.51/SF
− OpEx
−$27.5K −$10.13/SF
NOI
$33.7K $12.38/SF
Area
Bucks County, PA
Vacancy
3.30%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
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%
$673,060
Cap Rate 7%
$480,757
Cap Rate 9%
$373,922
Alternative Uses
Best Use
Apartment 5plus
$480.8K
$420.7K – $560.9K
NOI $33,653 @ 7.0% cap · market cap 6.17%
Second Best
Multifamily LT 5
$460.7K
$403.1K – $537.5K
NOI $32,249 @ 7.0% cap · market cap 5.92%
Theoretical Best
Office A
$824.1K
$721.1K – $961.4K
NOI $57,685 @ 7.0% cap · market cap 10.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
218
Businesses Nearby
Explore this area
Business Placement
Demographics for 19047, PA
35,452
Population
13,150
Households
2.7
Avg Household Size
45
Median Age
45%
College-Educated
97%
High-School Grad
17.2 sq mi
ZIP Area
2,061
Density / Sq Mi
$110,395
Median Household Income
$55,992
Median Earnings
$1,770
Median Rent
$441,200
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 - Two residences offer separate laundry areas, private access, and storage in a Colonial-style frame property.
Where is this duplex located?
The property is located at 3 TRENTON Road Langhorne, PA.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: 2,718 SF duplex with approximately 2‑bedroom and 3‑bedroom residences; Built in 1858; Colonial architectural style with frame construction; Detached garage and oversized driveway provide off‑street parking
