Brick Duplex with Attached
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 Market17
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
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 21
Last Checked: Oct 23 at 7:06PM
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.
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Investment Insights
Based on property information with market context.
This 1,944-square-foot duplex was built in 1954 and has brick construction. The property includes a basement with a rear entrance, central air, and hot-water heating. Parking is available in the attached garage, driveway, and on the street.
Set on a 0.08-acre lot, the building has a secured main entrance.
Set on a 0.08-acre lot, the building has a secured main entrance.
Key Highlights
- 1,944 square feet of building area on a 0.08‑acre lot
- Brick construction; built in 1954
- Rear‑entry basement
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.
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Property Analytics
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The property offers basement access, central air, and a combination of private and on-street parking.
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: 1,944 square feet of building area on a 0.08‑acre lot; Brick construction; built in 1954; Rear‑entry basement
