Brick Duplex with Private
3418 Mary Street Drexel Hill, PA 19026
3418 Mary Street, Drexel Hill, PA, 19026
$324,900
For Sale
$324,900
Brick duplex offers two one-bedroom units, each with a private covered rear deck, plus shared laundry and two garage bays.
Property Size1,292 SF
Price / SF$251.47
Days on Market60
Property Features for 3418 Mary Street
General Information
- Standard status
- Active
- Size
- 1,292 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1959
Listing agency
RE/MAX Hometown Realtors
(610) 455-2301
Listed by
John J McFadden · License #RM420338
(610) 455-2301
Source
Compass
Added: May 24 Updated: Jul 22 at 5:09AM Checked: Jul 22 at 5:09AM
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 RE/MAX Hometown Realtors
Investment Insights
Based on property information with market context.
This brick duplex includes two spacious one-bedroom units, each with a private covered rear deck accessed through sliding glass doors off the kitchen. Both units feature a generous living room, galley-style kitchen, spacious bedroom, and a full bathroom. A shared basement provides laundry facilities currently equipped with one washer and dryer, with existing hookups available for a second set, and also provides access to one of the garage bays. Additional features include gas heat, central air conditioning, and a two-car garage with separate bays and electric openers, as well as an oversized storage shed across the alley. The property also includes three off-street parking spaces.
The home is located on Mary Street in Drexel Hill, Delaware County, within the Upper Darby School District. The listing notes proximity to shopping, restaurants, public transportation, Philadelphia, and major commuting routes.
The configuration supports both an owner-occupied scenario and an investment use, with one unit described as rented on a month-to-month basis and the other unit owner occupied.
The home is located on Mary Street in Drexel Hill, Delaware County, within the Upper Darby School District. The listing notes proximity to shopping, restaurants, public transportation, Philadelphia, and major commuting routes.
The configuration supports both an owner-occupied scenario and an investment use, with one unit described as rented on a month-to-month basis and the other unit owner occupied.
Key Highlights
- Brick duplex built in 1959 with two one‑bedroom units and private covered rear decks off the kitchens
- First‑floor unit rented at $1,320/month on a month‑to‑month basis; second‑floor unit owner occupied with potential market rent of $1,400+
- Shared basement laundry includes 1 washer and dryer with hookups available for a second set
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 | $23.3k | $18.00 |
| − Vacancy | −$3.0k | −$2.34 |
| EGI | $20.2k | $15.66 |
| − OpEx | −$6.1k | −$4.70 |
| NOI | $14.2k | $10.96 |
1,292 SF · lease $18.00/SF/yr · vacancy 13.01% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$202.3K
$177.0K – $236.0K
NOI $14,161 @ 7.0% cap · market cap 4.36%
Second Best
Apartment 5plus
$185.0K
$161.9K – $215.9K
NOI $12,952 @ 7.0% cap · market cap 3.99%
Theoretical Best
Office A
$391.7K
$342.8K – $457.0K
NOI $27,420 @ 7.0% cap · market cap 8.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Brick duplex offers two one-bedroom units, each with a private covered rear deck, plus shared laundry and two garage bays.
Where is this duplex located?
The property is located at 3418 Mary Street Drexel Hill, 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: Brick duplex built in 1959 with two one‑bedroom units and private covered rear decks off the kitchens; First‑floor unit rented at $1,320/month on a month‑to‑month basis; second‑floor unit owner occupied with potential market rent of $1,400+; Shared basement laundry includes 1 washer and dryer with hookups available for a second set
