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Craftsman Duplex Under Construction
New
For Sale
$530,000

3637-3639 KORTNI Drive, Dover, PA 17315

MULTI_FAMILY - Craftsman - DOVER, PA

Property Size2,524 SF
Lot Size0.34 Acres
Price / SF$209.98
Days on Market6

Property Features for 3637-3639 KORTNI Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Parking features Driveway, Off Street
Elementary school district DOVER AREA
Middle school district DOVER AREA
High school district DOVER AREA
Standard status Active
Size 2,524 SF
Lot size 0.34 Acres

Taxes and HOA fees

Tax Annual Amount 0

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 2026
Number of units 2
Building materials Vinyl Siding
Architectural style Craftsman
Listing Agency: Cummings & Co. Realtors
Listed By: Andrew Spangenberger · License #RS327813
Added: Jul 29 Last Checked: Aug 3 at 4:06AM
MLS# PAYK2108820

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.

Investment Insights

Based on property information with market context.

This craftsman-style duplex at 3637-3639 Kortni Drive in Dover, PA 17315 is under construction and described as never occupied. The property includes two homes, each planned as a 3-bedroom, 2.5-bath layout. Construction is scheduled with vinyl siding, and comfort systems include forced-air heating and central air conditioning.

The site is 0.3385 acres with a property size of 2,524 square feet. Parking is available via driveway and off-street spaces. The listing also notes a 2026 year built and references a class A duplex concept.

The offering is presented as an investment opportunity with a stated 7% cap rate, and proformas are available upon request.

Key Highlights

  • Under construction craftsman duplex with two homes planned as 3‑bedroom, 2.5‑bath layouts
  • Stated 7% cap rate
  • 0.3385‑acre site with 2,524 SF

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 $37.9k $15.00
− Vacancy −$2.1k −$0.83
EGI $35.8k $14.17
− OpEx −$10.7k −$4.25
NOI $25.0k $9.92
2,524 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$357.8K
$313.1K – $417.4K (±1% cap)
NOI $25,044 @ 7.0% cap · market cap 4.73%
Second Best
Apartment 5plus
$332.3K
$290.8K – $387.7K (±1% cap)
NOI $23,263 @ 7.0% cap · market cap 4.39%
Theoretical Best
Office A
$730.8K
$639.4K – $852.6K (±1% cap)
NOI $51,155 @ 7.0% cap · market cap 9.65%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Building Supply Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

26
Businesses Nearby

Demographics for 17315, PA

26,317
Population
11,442
Households
2.3
Avg Household Size
44
Median Age
21%
College-Educated
92%
High-School Grad
58.1 sq mi
ZIP Area
453
Density / Sq Mi
$81,058
Median Household Income
$47,933
Median Earnings
$1,189
Median Rent
$222,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Under-construction duplex in Dover offers two 3-bedroom homes with central air and forced-air heat.
Where is this duplex located?
The property is located at 3637-3639 KORTNI Drive Dover, 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: Under construction craftsman duplex with two homes planned as 3‑bedroom, 2.5‑bath layouts; Stated 7% cap rate; 0.3385‑acre site with 2,524 SF
More about this property
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