Duplex with Attached
New
For Sale
$335,000
38 E STRATFORD Avenue, Lansdowne, PA 19050
Multi-Family, LANSDOWNE, PA
Property Size1,944 SF
Lot Size0.08 Acres
Price / SF$172.33
Days on Market7
Property Features for 38 E STRATFORD Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking
2
Parking features
Garage - Attached, Driveway, On Street
Elementary school district
WILLIAM PENN
Middle school district
WILLIAM PENN
High school district
WILLIAM PENN
Standard status
Active
Size
1,944 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
7284
Utilities
Heating system
Hot Water(Heating)
Cooling system
Central Air
Amenities
rear entrance basement
secured main entrance
Building Details
Year built
1954
Number of units
2
Building materials
Brick
Architectural style
Other
Listing Agency:
Coldwell Banker Realty · Coldwell Banker Real Estate
(610) 566-1100
Listed By:
Robert C Hoopes · License #RS283252
(610) 348-3978
Added: Oct 7
Changed: Oct 10
Last Checked: Oct 13 at 4:06PM
MLS# PADE2124840
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 brick duplex contains 1,944 square feet and sits on a 0.08-acre lot. The property has a basement with rear access, an attached garage, and driveway parking, with additional on-street parking available. Central air and hot-water heating serve the building.
Built in 1954, the property is located in Lansdowne, Pennsylvania.
Built in 1954, the property is located in Lansdowne, Pennsylvania.
Key Highlights
- Duplex with 1,944 square feet of building area
- 0.08‑acre lot
- Attached garage, driveway, and on‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,308
Cap Rate
6.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$426,160
$426.2K
Cap Rate 7%
$304,400
$304.4K
Cap Rate 9%
$236,756
$236.8K
Market Conditions
NOI Build-Up for 1,944 SF
Gross rent
$35.0K $18.00/SF
− Vacancy
−$4.6K −$2.34/SF
EGI
$30.4K $15.66/SF
− OpEx
−$9.1K −$4.70/SF
NOI
$21.3K $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 Rate 5%
$426,160
Cap Rate 7%
$304,400
Cap Rate 9%
$236,756
Alternative Uses
Best Use
Multifamily LT 5
$304.4K
$266.4K – $355.1K
NOI $21,308 @ 7.0% cap · market cap 6.36%
Second Best
Apartment 5plus
$278.4K
$243.6K – $324.8K
NOI $19,488 @ 7.0% cap · market cap 5.82%
Theoretical Best
Office A
$589.4K
$515.7K – $687.6K
NOI $41,258 @ 7.0% cap · market cap 12.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,076
Businesses Nearby
Explore this area
Business Placement
Demographics for 19050, PA
29,176
Population
12,695
Households
2.3
Avg Household Size
40
Median Age
30%
College-Educated
92%
High-School Grad
3.7 sq mi
ZIP Area
7,885
Density / Sq Mi
$62,517
Median Household Income
$44,408
Median Earnings
$1,166
Median Rent
$188,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Brick residential property with a basement, central air, and hot-water heating.
Where is this duplex located?
The property is located at 38 E STRATFORD Avenue Lansdowne, PA.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Duplex with 1,944 square feet of building area; 0.08‑acre lot; Attached garage, driveway, and on‑street parking
