Triplex with Four-Bedroom
New
For Sale
$330,000
317 FELTON AVENUE, Collingdale, PA 19023
Two units are rented, and the four-bedroom residence is vacant.
Property Size2,910 SF
Price / SF$113.40
Days on Market4
Property Features for 317 FELTON AVENUE
General Information
Standard status
Active
Size
2,910 SF
Property subtype
Triplex
Units
Unit Mix
1 x 1BR/1BA, 1 x studio, 1 x 4BR/1BA
Multifamily Units
3
Additional Details
Public Transit
Yes
Tenant in Place
Yes
Building Details
Year Built
1910
Listing Agency:
Premier Property Management & Realty LLC
(610) 924-7284
Listed By:
Robert Stranix · License #rs354292
(610) 331-2027
Source:
Cummingsrealtors
Added: Nov 1
Changed: Nov 3
Last Checked: Nov 3 at 2:32PM
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 Premier Property Management & Realty LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1910, this triplex contains 2,910 square feet across three separate residences: a one-bedroom, one-bath unit, a studio, and a four-bedroom, one-bath unit. The one-bedroom and studio units are occupied, while the four-bedroom unit is vacant.
Key Highlights
- Three separate residences: one‑bedroom, studio, and four‑bedroom units
- The one‑bedroom unit and studio are occupied; the four‑bedroom unit is vacant
- 2,910 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,172
Cap Rate
8.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$583,440
$583.4K
Cap Rate 7%
$416,743
$416.7K
Cap Rate 9%
$324,133
$324.1K
Market Conditions
NOI Build-Up for 2,910 SF
Gross rent
$61.5K $21.12/SF
− Vacancy
−$8.4K −$2.89/SF
EGI
$53.0K $18.23/SF
− OpEx
−$23.9K −$8.20/SF
NOI
$29.2K $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%
$583,440
Cap Rate 7%
$416,743
Cap Rate 9%
$324,133
Alternative Uses
Best Use
Multifamily LT 5
$455.7K
$398.7K – $531.6K
NOI $31,896 @ 7.0% cap · market cap 9.67%
Second Best
Apartment 5plus
$416.7K
$364.7K – $486.2K
NOI $29,172 @ 7.0% cap · market cap 8.84%
Theoretical Best
Office A
$882.3K
$772.0K – $1.03M
NOI $61,760 @ 7.0% cap · market cap 18.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
991
Businesses Nearby
Explore this area
Business Placement
Demographics for 19023, PA
22,180
Population
9,089
Households
2.4
Avg Household Size
34
Median Age
17%
College-Educated
87%
High-School Grad
2.0 sq mi
ZIP Area
11,090
Density / Sq Mi
$48,962
Median Household Income
$37,110
Median Earnings
$1,240
Median Rent
$117,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Two units are rented, and the four-bedroom residence is vacant.
Where is this triplex located?
The property is located at 317 FELTON AVENUE Collingdale, PA.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Three separate residences: one‑bedroom, studio, and four‑bedroom units; The one‑bedroom unit and studio are occupied; the four‑bedroom unit is vacant; 2,910 square feet
