Duplex with Detached
For Sale
$400,000
3647 Rosemont Avenue, Drexel Hill, PA 19026
Two residential units feature new kitchens, hardwood floors, and distinct living areas.
Property Size2,588 SF
Price / SF$154.56
Days on Market193
Property Features for 3647 Rosemont Avenue
General Information
Standard status
Active
Size
2,588 SF
Total Parking Spaces
4
Property subtype
Multi-Family / Fee Simple
Zoning
RESIDENTIAL
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Amenities
washer and dryer
screened in sun room
full basement
large oversized detached garage
yard space
Yes
Built-In Microwave, Dishwasher, Oven/Range - Gas, Refrigerator
2
Ceiling Fan(s), Formal/Separate Dining Room, Floor Plan - Traditional
No Pool
Above Grade, Below Grade
Building Details
Year Built
1930
Listing Agency:
Micozzie Real Estate
(610) 623-4433
Listed By:
Ernesto Aguirre · License #RS228335L
(610) 623-4433
Source:
Compass
Added: Feb 18
Changed: Aug 30
Last Checked: Aug 30 at 8:52AM
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 Micozzie Real Estate
Investment Insights
Based on property information with market context.
This residential duplex contains two units, each measuring more than 1,200 square feet. Both layouts include two bedrooms, a living room, formal dining room, full bathroom, and a modern kitchen equipped with a dishwasher and over-the-range microwave. Refinished or finished hardwood flooring is featured throughout the units. The first floor adds a room suited to office use, while the second floor includes an in-unit washer and dryer and a screened-in sunroom.
The property also includes a full basement, an oversized detached garage, and yard space. Built in 1930 and zoned RESIDENTIAL, it is located at 3647 Rosemont Avenue in Drexel Hill, within Upper Darby Township and the Upper Darby School District. Bus service is less than 1 mile away, and a metro or subway station is 1 to 3 miles from the property.
The property also includes a full basement, an oversized detached garage, and yard space. Built in 1930 and zoned RESIDENTIAL, it is located at 3647 Rosemont Avenue in Drexel Hill, within Upper Darby Township and the Upper Darby School District. Bus service is less than 1 mile away, and a metro or subway station is 1 to 3 miles from the property.
Key Highlights
- Two‑unit duplex with 2 bedrooms in each unit
- Each unit offers 1200+ square feet
- Full basement, oversized detached garage, and yard space
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$28,366
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.09%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$567,320
$567.3K
Cap Rate 7%
$405,229
$405.2K
Cap Rate 9%
$315,178
$315.2K
Market Conditions
NOI Build-Up for 2,588 SF
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.
Gross rent
$46.6K $18.00/SF
− Vacancy
−$6.1K −$2.34/SF
EGI
$40.5K $15.66/SF
− OpEx
−$12.2K −$4.70/SF
NOI
$28.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$567,320
Cap Rate 7%
$405,229
Cap Rate 9%
$315,178
Alternative Uses
Best Use
Multifamily LT 5
$405.2K
$354.6K – $472.8K
NOI $28,366 @ 7.0% cap · market cap 7.09%
Second Best
Apartment 5plus
$370.6K
$324.3K – $432.4K
NOI $25,944 @ 7.0% cap · market cap 6.49%
Theoretical Best
Office A
$784.7K
$686.6K – $915.4K
NOI $54,926 @ 7.0% cap · market cap 13.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
773
Businesses Nearby
Explore this area
Business Placement
Demographics for 19026, PA
32,021
Population
13,643
Households
2.3
Avg Household Size
39
Median Age
46%
College-Educated
94%
High-School Grad
3.6 sq mi
ZIP Area
8,895
Density / Sq Mi
$89,079
Median Household Income
$50,930
Median Earnings
$1,316
Median Rent
$243,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units feature new kitchens, hardwood floors, and distinct living areas.
Where is this duplex located?
The property is located at 3647 Rosemont Avenue Drexel Hill, PA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms in each unit; Each unit offers 1200+ square feet; Full basement, oversized detached garage, and yard space
