Two-Unit Duplex with In-Unit
308 BARTRAM Avenue, Essington, PA 19029
For Sale
$324,900
Multi-Family, ESSINGTON, PA
Property Size2,135 SF
Lot Size0.06 Acres
Price / SF$152.18
Days on Market8
Property Features for 308 BARTRAM Avenue
General Information
Property type
Property subtype
Parking features
Appliances
Elementary school
Elementary school district
Middle school district
High school district
Standard status
Size
Lot size
Additional Details
Tenant in Place
Individually Metered Utilities
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Cooling system
Amenities
laundry in units
fenced rear yard
walk up attic
Building Details
Year built
Number of units
Building materials
Architectural style
Buildings
Listing Agency:
SCOTT REALTY GROUP
(610) 891-8300
Listed By:
Christine D Hallman · License PA RS229146
(610) 636-6800
Added: Nov 6
Changed: Nov 10
Last Checked: Nov 13 at 11:06PM
MLS# PADE2127152
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.
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Investment Insights
Based on property information with market context.
This 2,135-square-foot duplex contains two apartments: a two-bedroom unit on the first floor and a one-bedroom unit above. Both are occupied on month-to-month arrangements. Each apartment has its own gas and electric service and in-unit laundry. Kitchens and bathrooms were updated within the past five years; the roof was replaced in 2026, and HVAC systems and water heaters were installed in 2023/24. A walk-up attic is accessed from the upper floor, and the rear yard is fenced. The 0.06-acre property was built in 1940 and has central air conditioning and hot-water heat.
Wawa and public transportation are within walking distance. The property is a short drive from Philadelphia International Airport, I-476 and I-95. Parking is on the street.
Wawa and public transportation are within walking distance. The property is a short drive from Philadelphia International Airport, I-476 and I-95. Parking is on the street.
Key Highlights
- Two apartments: a 2‑bedroom first‑floor unit and a 1‑bedroom upper‑floor unit
- 2,135 square feet on a 0.06‑acre lot
- Separate gas and electric service, plus laundry, in each apartment
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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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
345
Businesses Nearby
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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 - The apartments have separate gas and electric service, with laundry facilities in each unit.
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: Two apartments: a 2‑bedroom first‑floor unit and a 1‑bedroom upper‑floor unit; 2,135 square feet on a 0.06‑acre lot; Separate gas and electric service, plus laundry, in each apartment
