Stone Quadplex with Detached
For Sale
$465,000
38 COPLEY Road, Upper Darby, PA 19082
MULTI_FAMILY - Colonial - UPPER DARBY, PA
Property Size2,173 SF
Lot Size0.09 Acres
Price / SF$213.99
Days on Market181
Property Features for 38 COPLEY Road
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Rooms
Basement
Parking features
Driveway, On Street
Interior features
2nd Kitchen, Additional Stairway, Attic, Skylight(s)
Fireplace
1
Appliances
Extra Refrigerator/Freezer, Refrigerator, Microwave, Oven/Range - Electric, WaterHeater
Elementary school district
UPPER DARBY
Middle school district
UPPER DARBY
High school district
UPPER DARBY
Standard status
Active
Size
2,173 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
7243
Utilities
Heating system
Hot Water(Heating)
Cooling system
Central Air
Amenities
shared laundry
Building Details
Year built
1930
Number of units
4
Building materials
Stone
Architectural style
Colonial
Listing Agency:
Keller Williams Real Estate - Newtown · Keller Williams Realty
(215) 860-4200
Listed By:
Graceann Tinney · License #RS344523
(267) 373-8244
Added: Feb 17
Changed: Aug 14
Last Checked: Aug 17 at 7:06AM
MLS# PADE2107762
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 2,173-square-foot Colonial quadplex contains four apartments arranged across the basement, main, second, and attic levels. The unit mix includes three one-bedroom apartments and one two-bedroom apartment, with kitchens and full bathrooms throughout. The main-level residence includes a living room fireplace and hardwood flooring, while the attic apartment has a private entrance from the front exterior stairs. Hard-surface flooring is used throughout the building, and each unit is served by a heat pump for heating and air conditioning.
The property sits on a 0.09-acre lot at 38 Copley Road in Upper Darby, Delaware County. A detached one-car garage is positioned behind the home, with driveway and on-street parking. Electric service is separately metered by apartment. Water and gas are owner-paid; gas serves two shared water-heater tanks. Basement laundry is shared. The structure was built in 1930 and has a stone exterior.
The property sits on a 0.09-acre lot at 38 Copley Road in Upper Darby, Delaware County. A detached one-car garage is positioned behind the home, with driveway and on-street parking. Electric service is separately metered by apartment. Water and gas are owner-paid; gas serves two shared water-heater tanks. Basement laundry is shared. The structure was built in 1930 and has a stone exterior.
Key Highlights
- Four‑unit layout with three one‑bedroom apartments and one two‑bedroom apartment
- 2,173 square feet on a 0.09‑acre lot
- Separate electric meters for each apartment
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
$23,818
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
5.12%
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%
$476,360
$476.4K
Cap Rate 7%
$340,257
$340.3K
Cap Rate 9%
$264,644
$264.6K
Market Conditions
NOI Build-Up for 2,173 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
$39.1K $18.00/SF
− Vacancy
−$5.1K −$2.34/SF
EGI
$34.0K $15.66/SF
− OpEx
−$10.2K −$4.70/SF
NOI
$23.8K $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%
$476,360
Cap Rate 7%
$340,257
Cap Rate 9%
$264,644
Alternative Uses
Best Use
Multifamily LT 5
$340.3K
$297.7K – $397.0K
NOI $23,818 @ 7.0% cap · market cap 5.12%
Second Best
Apartment 5plus
$311.2K
$272.3K – $363.1K
NOI $21,783 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$658.8K
$576.5K – $768.6K
NOI $46,118 @ 7.0% cap · market cap 9.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,067
Businesses Nearby
Explore this area
Business Placement
Demographics for 19082, PA
42,761
Population
16,775
Households
2.5
Avg Household Size
35
Median Age
23%
College-Educated
84%
High-School Grad
2.6 sq mi
ZIP Area
16,447
Density / Sq Mi
$55,551
Median Household Income
$36,139
Median Earnings
$1,178
Median Rent
$155,400
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?
Quadplex - Four apartment units feature individual electric metering, private entrances, and shared basement laundry.
Where is this quadplex located?
The property is located at 38 COPLEY Road Upper Darby, PA.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Four‑unit layout with three one‑bedroom apartments and one two‑bedroom apartment; 2,173 square feet on a 0.09‑acre lot; Separate electric meters for each apartment
