Renovated Fully Occupied
425 Main Street Darby, PA 19023
For Sale
$469,000
Renovated 4-unit quadplex is fully occupied and generates current rental income.
Property Size2,200 SF
Price / SF$213.18
Days on Market225
Property Features for 425 Main Street
General Information
- Standard status
- Active
- Size
- 2,200 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1930
Listing Agency:
Real of Pennsylvania
(484) 744-4053
Listed By:
William Holder · License #AB069692
(484) 744-4053
Source:
Compass
Added: Dec 11, 2025
Changed: Jul 23
Last Checked: Jul 23 at 5:57AM
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 Real of Pennsylvania
Investment Insights
Based on property information with market context.
425 Main Street is a fully occupied quadplex featuring four residential units. The property was completely renovated in 2023, including a new roof, new windows, electrical upgrades, plumbing upgrades, and cosmetic improvements throughout.
The unit mix includes one 1-bedroom, 1-bath unit and three 2-bedroom, 1-bath units, all currently producing income. Current rents are listed for each unit, and the property is positioned for buyers seeking an in-place, income-generating residential income asset.
With renovations completed, this is a turnkey building with a straightforward 4-unit configuration designed to support immediate rental occupancy.
The unit mix includes one 1-bedroom, 1-bath unit and three 2-bedroom, 1-bath units, all currently producing income. Current rents are listed for each unit, and the property is positioned for buyers seeking an in-place, income-generating residential income asset.
With renovations completed, this is a turnkey building with a straightforward 4-unit configuration designed to support immediate rental occupancy.
Key Highlights
- Fully occupied 4‑unit quadplex at 425 Main St, Darby, PA 19023
- 2023 renovation includes new roof, new windows, electrical upgrades, and plumbing upgrades
- Unit mix and rents: 1x 1BR/1BA ($1,100/mo) and 3x 2BR/1BA ($1,369, $1,375, $1,275/mo)
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 | $39.6k | $18.00 |
| − Vacancy | −$5.2k | −$2.34 |
| EGI | $34.4k | $15.66 |
| − OpEx | −$10.3k | −$4.70 |
| NOI | $24.1k | $10.96 |
2,200 SF · lease $18.00/SF/yr · vacancy 13.01% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$344.5K
$301.4K – $401.9K
NOI $24,114 @ 7.0% cap · market cap 5.14%
Second Best
Apartment 5plus
$315.1K
$275.7K – $367.6K
NOI $22,054 @ 7.0% cap · market cap 4.70%
Theoretical Best
Office A
$667.0K
$583.6K – $778.2K
NOI $46,691 @ 7.0% cap · market cap 9.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Renovated 4-unit quadplex is fully occupied and generates current rental income.
Where is this quadplex located?
The property is located at 425 Main Street Darby, PA.
What is the asking price?
The asking price for this property is $469,000.
What are key features of this property?
This property features: Fully occupied 4‑unit quadplex at 425 Main St, Darby, PA 19023; 2023 renovation includes new roof, new windows, electrical upgrades, and plumbing upgrades; Unit mix and rents: 1x 1BR/1BA ($1,100/mo) and 3x 2BR/1BA ($1,369, $1,375, $1,275/mo)
