3831 PLUMSTEAD Avenue, Drexel Hill, PA 19026
MULTI_FAMILY - Other - DREXEL HILL, PA
Property Features for 3831 PLUMSTEAD Avenue
General Information
Taxes and HOA fees
Utilities
Amenities
Building Details
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.
The building requires renovation and is being sold strictly As Is. Central air condensers have been removed, portions of the plumbing are missing, and the property currently has no power. The buyer will be responsible for obtaining the Municipal Use & Occupancy Certificate and addressing required repairs through the Agreement of Sale. Any remaining contents at closing will be included in the transaction documents.
Key Highlights
- 1,638‑square‑foot brick duplex built in 1943
- Two separate units, each with 2 bedrooms, 1 full bath, living room, and kitchen
- Attached 2‑car garage and unfinished basement
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 | $29.5k | $18.00 |
| − Vacancy | −$3.8k | −$2.34 |
| EGI | $25.6k | $15.66 |
| − OpEx | −$7.7k | −$4.70 |
| NOI | $18.0k | $10.96 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 19026, PA
Market
Vacancy Rate% for Multifamily in Northeast region