8-Unit Multifamily
For Sale
Contact for pricing
417 MAIN ST, Darby, PA 19061
Multifamily property offering eight residential units in a two-story-era building.
Property Size5,557 SF
Price / SF$129.39
Days on Market53
Property Features for 417 MAIN ST
General Information
Standard status
Active
Size
5,557 SF
Property subtype
Multifamily
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$63,450
Additional Details
Cap Rate
8.82%
Multifamily Units
8
Building Details
Year Built
1930
Buildings
1
Stories
2
Units
8
Listing Agency:
The Oceanside Realty Team
Listed By:
PHL · License #Pennsylvania RS316262
Source:
Crexi
Added: Aug 27
Changed: Oct 12
Last Checked: Oct 16 at 9:27AM
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 The Oceanside Realty Team
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This multifamily property contains 8 residential units within 5,557 square feet of building area. Constructed in 1930, the asset is positioned as an established residential income property in Darby, Pennsylvania.
The property is located at 417 Main St in Darby, PA 19061. In-place performance reflects an 8.82% cap rate, with projected performance reaching a 10.26% return as units turn to market.
The property is located at 417 Main St in Darby, PA 19061. In-place performance reflects an 8.82% cap rate, with projected performance reaching a 10.26% return as units turn to market.
Key Highlights
- 8‑unit multifamily property
- 5,557 square feet of building area
- Built in 1930
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,707
Cap Rate
7.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,114,140
$1.1M
Cap Rate 7%
$795,814
$795.8K
Cap Rate 9%
$618,967
$619.0K
Market Conditions
NOI Build-Up for 5,557 SF
Gross rent
$117.4K $21.12/SF
− Vacancy
−$16.1K −$2.89/SF
EGI
$101.3K $18.23/SF
− OpEx
−$45.6K −$8.20/SF
NOI
$55.7K $10.02/SF
Area
Delaware County, PA
Vacancy
13.70%
Lease Rate
$21.12 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,114,140
Cap Rate 7%
$795,814
Cap Rate 9%
$618,967
Alternative Uses
Best Use
Apartment 5plus
$795.8K
$696.3K – $928.5K
NOI $55,707 @ 7.0% cap · market cap 7.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.68M
$1.47M – $1.97M
NOI $117,938 @ 7.0% cap · market cap 16.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
902
Businesses Nearby
Explore this area
Business Placement
Demographics for 19061, PA
20,207
Population
8,381
Households
2.4
Avg Household Size
40
Median Age
21%
College-Educated
92%
High-School Grad
7.0 sq mi
ZIP Area
2,887
Density / Sq Mi
$77,249
Median Household Income
$46,055
Median Earnings
$1,215
Median Rent
$229,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Multifamily property offering eight residential units in a two-story-era building.
Where is this multifamily property located?
The property is located at 417 MAIN ST Darby, PA.
What is the asking price?
The asking price for this property is $719,000.
What are key features of this property?
This property features: 8‑unit multifamily property; 5,557 square feet of building area; Built in 1930
