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    Duplex with Usable Yard Space Title is generated by Realmo AI

    39 BLAKE Avenue, Jenkintown, PA 19046

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    Claim this Listing
    New
    For Sale
    $409,900

    MULTI_FAMILY - Other - JENKINTOWN, PA

    Property size:
    2,016 SF
    Lot size:
    0.08 Acres
    Price / SF:
    $203/SF
    Added:
    Jun 12, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 15 at 12:06 am

    Property Features for 39 BLAKE Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    Driveway
    Appliances
    Washer/Dryer Stacked
    Standard status
    Active
    Size
    2,016 SF
    Lot size
    0.08 Acres

    Taxes and HOA fees

    Tax Annual Amount
    5980

    Utilities

    Heating system
    Forced Air
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1900
    Number of units
    2
    Building materials
    Stucco
    Architectural style
    Other

    We can help!

    Listing Contact
    John J Bianchimano
    John J Bianchimano

    Listing agent John J Bianchimano License #RS301128

    Listing office RE/MAX 2000 14500 Bustleton Avenue, Philadelphia, PA

    Listing date Jun 12, 2026

    MLS# PAMC2182052 Listing URL

    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.

    HighLights

    • Duplex with a 2+1 unit setup
    • Abington School District
    • Forced‑air heating with brand‑new heating systems
    • Window unit cooling
    • Washer/dryer stacked included
    • Year built 1900 with stucco exterior and driveway parking

    Overview

    This for-sale duplex at 39 Blake Avenue features a 2+1 configuration designed to support separate living arrangements within one property. The home includes brand-new heating systems and new water heaters, helping reduce near-term maintenance concerns. In addition to the interior layouts, the property has usable yard space, providing outdoor area that can support everyday living or basic tenant use.

    The duplex is located in Rockledge Borough, within the Abington School District. Positioned on a compact lot, the property offers an enclosed, manageable site footprint while still maintaining outdoor space.

    As a duplex offering a 2+1 setup and recently updated mechanical systems, it may appeal to both investors seeking rental income and owner-occupants looking to live in one unit while offsetting costs with the other. The combination of functional layouts, new heating and water heaters, and on-site yard space gives buyers a practical residential income alternative in a school-district setting. Schedule an appointment to review the floor plans and confirm fit for your intended use.

    Local 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 $44.8k $22.20
    − Vacancy −$2.9k −$1.44
    EGI $41.8k $20.76
    − OpEx −$12.6k −$6.23
    NOI $29.3k $14.53
    2,016 SF · lease $22.20/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $418.5K
    $366.2K – $488.2K (±1% cap)
    NOI $29,292 @ 7.0% cap · market cap 7.15%
    Second Best
    Apartment 5plus
    $389.1K
    $340.5K – $454.0K (±1% cap)
    NOI $27,237 @ 7.0% cap · market cap 6.64%
    Theoretical Best
    Specialty Retail
    $1.16M
    $1.01M – $1.35M (±1% cap)
    NOI $81,174 @ 7.0% cap · market cap 19.80%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jenkintown
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.08634
    Latitude
    40.08033

    FAQs

    What type of property is this?
    Duplex - Duplex for sale with new heating and water-heating systems and a functional 2+1 layout plus yard space.
    Where is this duplex located?
    The property is located at 39 BLAKE Avenue Jenkintown, PA.
    What is the asking price?
    The asking price for this property is $409,900.
    What are key features of this property?
    This property features: Duplex with a 2+1 unit setup; Abington School District; Forced‑air heating with brand‑new heating systems
    More about this property
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