Updated Victorian
414 South Avenue Media, PA 19063
414 South Avenue, Media, PA, 19063
$875,000
For Sale
$875,000
Three-unit Victorian home with independent utilities, off-street parking, a covered front porch, and recent window and roof updates.
Property Size3,171 SF
Price / SF$275.94
Days on Market157
Property Features for 414 South Avenue
General Information
- Standard status
- Active
- Size
- 3,171 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1847
Listing agency
Coldwell Banker Realty
(610) 742-2198
Listed by
Karen R Bittner-Kight · License #Rs132382
(610) 742-2198
Source
Compass
Added: Feb 15 Updated: Jul 22 at 4:32AM Checked: Jul 22 at 4:32AM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
Circa 1900 Victorian home updated throughout and currently configured as a well-maintained triplex with three separate units. Each unit has its own independent utilities, and the property includes off-street parking for three cars. Interior spaces feature large rooms and soaring ceilings, combining classic Victorian character with thoughtful modern updates.
The home is located in Media, Delaware County, just steps from the shops and restaurants of downtown Media, supporting an easy, walkable lifestyle. A wide, covered front porch provides a welcoming outdoor space, and there is also a backyard for everyday use.
Recent improvements include newer windows and an updated roof, along with numerous other updates described in the listing. The property’s layout offers flexibility for continuing as an income-producing triplex or transitioning to a different single-family configuration.
The home is located in Media, Delaware County, just steps from the shops and restaurants of downtown Media, supporting an easy, walkable lifestyle. A wide, covered front porch provides a welcoming outdoor space, and there is also a backyard for everyday use.
Recent improvements include newer windows and an updated roof, along with numerous other updates described in the listing. The property’s layout offers flexibility for continuing as an income-producing triplex or transitioning to a different single-family configuration.
Key Highlights
- Circa 1910/1900 Victorian built in 1847, configured as a well‑maintained triplex with three separate units
- Three units feature independent utilities, supporting income use or conversion flexibility
- Off‑street parking for three cars
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 | $57.1k | $18.00 |
| − Vacancy | −$7.4k | −$2.34 |
| EGI | $49.7k | $15.66 |
| − OpEx | −$14.9k | −$4.70 |
| NOI | $34.8k | $10.96 |
3,171 SF · lease $18.00/SF/yr · vacancy 13.01% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$496.5K
$434.5K – $579.3K
NOI $34,757 @ 7.0% cap · market cap 3.97%
Second Best
Apartment 5plus
$454.1K
$397.4K – $529.8K
NOI $31,788 @ 7.0% cap · market cap 3.63%
Theoretical Best
Office A
$961.4K
$841.2K – $1.12M
NOI $67,299 @ 7.0% cap · market cap 7.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three-unit Victorian home with independent utilities, off-street parking, a covered front porch, and recent window and roof updates.
Where is this triplex located?
The property is located at 414 South Avenue Media, PA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Circa 1910/1900 Victorian built in 1847, configured as a well‑maintained triplex with three separate units; Three units feature independent utilities, supporting income use or conversion flexibility; Off‑street parking for three cars
