Two-Unit Duplex with In-Unit
308 BARTRAM AVENUE, Essington, PA 19029
For Sale
New
$324,900
Both apartments have separate gas and electric service, and each includes its own laundry.
Property Size2,135 SF
Price / SF$152.18
Days on Market5
Property Features for 308 BARTRAM AVENUE
General Information
Standard status
Size
Property subtype
Occupancy
Site & Location
Highway Access
Road Access
Public Transit
Utilities to Site
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Additional Details
Tenant in Place
Amenities
laundry in units
fenced rear yard
walk up attic
Building Details
Year Built
Buildings
Listing Agency:
SCOTT REALTY GROUP
(610) 891-8300
Listed By:
Christine D Hallman · License PA RS229146
(610) 636-6800
Source:
Cummingsrealtors
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 8 at 5:25PM
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 SCOTT REALTY GROUP
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Investment Insights
Based on property information with market context.
This 2,135-square-foot duplex contains a two-bedroom first-floor apartment and a one-bedroom second-floor apartment. Both units have updated kitchens and bathrooms, completed within the past five years, along with separate gas and electric service and in-unit laundry. A walk-up attic is accessed from the upper apartment, and the rear yard is fenced.
The property is in Essington, within walking distance of Wawa and public transportation. Philadelphia International Airport, I-476, and I-95 are a short drive away.
Both apartments are occupied on month-to-month terms. The roof was replaced in 2026, and the HVAC systems and water heaters were updated in 2023/24. The owner pays for water and sewer.
The property is in Essington, within walking distance of Wawa and public transportation. Philadelphia International Airport, I-476, and I-95 are a short drive away.
Both apartments are occupied on month-to-month terms. The roof was replaced in 2026, and the HVAC systems and water heaters were updated in 2023/24. The owner pays for water and sewer.
Key Highlights
- 2,135‑square‑foot duplex with one 2‑bedroom unit and one 1‑bedroom unit
- Separate gas and electric service and in‑unit laundry in both apartments
- Kitchens and bathrooms updated within the past 5 years
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,401
Cap Rate
7.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$468,020
$468.0K
Cap Rate 7%
$334,300
$334.3K
Cap Rate 9%
$260,011
$260.0K
Market Conditions
NOI Build-Up for 2,135 SF
Gross rent
$38.4K $18.00/SF
− Vacancy
−$5.0K −$2.34/SF
EGI
$33.4K $15.66/SF
− OpEx
−$10.0K −$4.70/SF
NOI
$23.4K $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%
$468,020
Cap Rate 7%
$334,300
Cap Rate 9%
$260,011
Alternative Uses
Best Use
Multifamily LT 5
$334.3K
$292.5K – $390.0K
NOI $23,401 @ 7.0% cap · market cap 7.20%
Second Best
Apartment 5plus
$305.8K
$267.5K – $356.7K
NOI $21,403 @ 7.0% cap · market cap 6.59%
Theoretical Best
Office A
$731.8K
$640.3K – $853.7K
NOI $51,224 @ 7.0% cap · market cap 15.77%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
120
Businesses Nearby
Explore this area
Business Placement
Demographics for 19029, PA
3,979
Population
1,908
Households
2.1
Avg Household Size
45
Median Age
19%
College-Educated
89%
High-School Grad
2.2 sq mi
ZIP Area
1,809
Density / Sq Mi
$49,966
Median Household Income
$35,219
Median Earnings
$1,340
Median Rent
$186,300
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Delaware County, PA
Properties on Market for Duplexes in Delaware County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both apartments have separate gas and electric service, and each includes its own laundry.
Where is this duplex located?
The property is located at 308 BARTRAM AVENUE Essington, PA.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: 2,135‑square‑foot duplex with one 2‑bedroom unit and one 1‑bedroom unit; Separate gas and electric service and in‑unit laundry in both apartments; Kitchens and bathrooms updated within the past 5 years
