Two-Unit Duplex with
New
For Sale
$370,000
3850 Brunswick Ave, Drexel Hill, PA 19026
Income-producing residential property with one vacant unit, shared lower-level storage and laundry, and an attached garage.
Property Size1,152 SF
Price / SF$321.18
Days on Market3
Property Features for 3850 Brunswick Ave
General Information
Standard status
Active
Size
1,152 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Amenities
laundry
storage
Building Details
Year Built
1943
Buildings
1
Listing Agency:
Keller Williams Realty Devon-Wayne
Listed By:
Jason Polykoff · License #RS356067
(610) 420-5178
Source:
Kathywolfgang
Added: Sep 1
Last Checked: Sep 2 at 7:21PM
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 Keller Williams Realty Devon-Wayne
Investment Insights
Based on property information with market context.
Built in 1943, this 1,152-square-foot duplex contains two residential units, each configured with two bedrooms and one bathroom. Both units provide living areas, kitchens with cabinet storage, and natural light. A shared basement adds laundry facilities and storage, while the oversized attached two-car garage provides additional enclosed space.
The first-floor apartment is occupied by a long-term tenant, while the second-floor apartment is vacant and ready for occupancy. The property is near shopping, restaurants, parks, schools, and public transportation, with access to Center City Philadelphia and surrounding suburbs. The sale is as-is; the seller will obtain the Township Use & Occupancy Certificate.
The first-floor apartment is occupied by a long-term tenant, while the second-floor apartment is vacant and ready for occupancy. The property is near shopping, restaurants, parks, schools, and public transportation, with access to Center City Philadelphia and surrounding suburbs. The sale is as-is; the seller will obtain the Township Use & Occupancy Certificate.
Key Highlights
- Two 2‑bedroom, 1‑bathroom residential units
- 1,152‑square‑foot duplex built in 1943
- Second‑floor unit is vacant and ready for occupancy
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
$12,627
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
3.41%
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%
$252,540
$252.5K
Cap Rate 7%
$180,386
$180.4K
Cap Rate 9%
$140,300
$140.3K
Market Conditions
NOI Build-Up for 1,152 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
$20.7K $18.00/SF
− Vacancy
−$2.7K −$2.34/SF
EGI
$18.0K $15.66/SF
− OpEx
−$5.4K −$4.70/SF
NOI
$12.6K $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%
$252,540
Cap Rate 7%
$180,386
Cap Rate 9%
$140,300
Alternative Uses
Best Use
Multifamily LT 5
$180.4K
$157.8K – $210.5K
NOI $12,627 @ 7.0% cap · market cap 3.41%
Second Best
Apartment 5plus
$165.0K
$144.4K – $192.5K
NOI $11,548 @ 7.0% cap · market cap 3.12%
Theoretical Best
Office A
$349.3K
$305.6K – $407.5K
NOI $24,449 @ 7.0% cap · market cap 6.61%
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 - Income-producing residential property with one vacant unit, shared lower-level storage and laundry, and an attached garage.
Where is this duplex located?
The property is located at 3850 Brunswick Ave Drexel Hill, PA.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bathroom residential units; 1,152‑square‑foot duplex built in 1943; Second‑floor unit is vacant and ready for occupancy
