Two-Unit Duplex
325 Olive Avenue Horsham, PA 19044
325 Olive Avenue, Horsham, PA, 19044
$530,000
For Sale
$530,000
Fully occupied duplex offers two 2-bedroom, 1-bath units with separate basement storage and recent exterior improvements.
Property Size1,920 SF
Price / SF$276.04
Days on Market103
Property Features for 325 Olive Avenue
General Information
- Standard status
- Active
- Size
- 1,920 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1973
Listing agency
BHHS Fox & Roach-Doylestown
(215) 778-6594
Listed by
Kurtis A Marhefka · License #AB068914
(215) 778-6594
Source
Compass
Added: Apr 12 Updated: Jul 23 at 4:10AM Checked: Jul 23 at 4:10AM
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 BHHS Fox & Roach-Doylestown
Investment Insights
Based on property information with market context.
This turn-key duplex features two units, each with a 2-bedroom, 1-bath layout and practical interior finishes. Unit 1 (first floor) has recently refreshed flooring, including Coretec in the living room and carpet in the bedrooms, with ceramic tile in the kitchen and bathroom. Unit 2 (second floor) is well maintained with carpeted living areas and ceramic tile in the kitchen and bath. Each unit includes separate basement storage.
The property has a new roof, low-maintenance vinyl siding, and replacement windows throughout. Unit 1 is leased through 02/28/2027, while Unit 2 is on a month-to-month lease.
Additional operating responsibility is supported by tenant-paid electricity, trash, snow removal, and lawn care, and the utilities are described as having rare separate setups, helping limit landlord overhead.
The property has a new roof, low-maintenance vinyl siding, and replacement windows throughout. Unit 1 is leased through 02/28/2027, while Unit 2 is on a month-to-month lease.
Additional operating responsibility is supported by tenant-paid electricity, trash, snow removal, and lawn care, and the utilities are described as having rare separate setups, helping limit landlord overhead.
Key Highlights
- Fully occupied 2‑unit duplex (year built 1973) in Horsham Township
- Both units are 2 bed/1 bath with separate basement storage areas for each unit
- Exterior updates include a brand‑new roof, low‑maintenance vinyl siding, and replacement windows
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.6k | $22.20 |
| − Vacancy | −$2.8k | −$1.44 |
| EGI | $39.9k | $20.76 |
| − OpEx | −$12.0k | −$6.23 |
| NOI | $27.9k | $14.53 |
1,920 SF · lease $22.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$398.5K
$348.7K – $465.0K
NOI $27,897 @ 7.0% cap · market cap 5.26%
Second Best
Apartment 5plus
$370.6K
$324.3K – $432.3K
NOI $25,940 @ 7.0% cap · market cap 4.89%
Theoretical Best
Specialty Retail
$1.10M
$966.4K – $1.29M
NOI $77,308 @ 7.0% cap · market cap 14.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Fully occupied duplex offers two 2-bedroom, 1-bath units with separate basement storage and recent exterior improvements.
Where is this duplex located?
The property is located at 325 Olive Avenue Horsham, PA.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: Fully occupied 2‑unit duplex (year built 1973) in Horsham Township; Both units are 2 bed/1 bath with separate basement storage areas for each unit; Exterior updates include a brand‑new roof, low‑maintenance vinyl siding, and replacement windows
