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Duplex Residential Income Property

39 BLAKE Avenue Jenkintown, PA 19046

39 BLAKE Avenue, Jenkintown, PA, 19046
$409,900
For Sale
Claim this Listing
$409,900

MULTI_FAMILY - Other - JENKINTOWN, PA

Property Size2,016 SF
Lot Size0.08 Acres
Price / SF$203.32
AddedJun 12
Days on Market35
Last RefreshJul 16 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

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.


Investment Insights

Based on property information with market context.

This duplex includes 2+1 functional layouts and is supported by brand-new heating systems and water heaters. The property also offers usable yard space for outdoor utility.

The home is located at 39 Blake Avenue in Jenkintown, Pennsylvania, in Rockledge Borough, within the Abington School District.

With a lot size of 0.0849 acres and a property size of 2,016 square feet, this residential income property presents a straightforward ownership option for buyers seeking a duplex configuration.

Key Highlights

  • Duplex with a 2+1 unit setup
  • Located in Abington School District
  • Year built 1900

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 Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Grocery & Convenience Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Parking Lot & Garage Acupuncture Computer & Electronic Repair Tech Support Center

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

FAQs

What type of property is this?
Duplex - Duplex featuring 2+1 functional layouts with new heating systems and water heaters.
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; Located in Abington School District; Year built 1900
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More about this property
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