3-Unit Multifamily
New
For Sale
$549,999
4412 Bloomfield Ave, Drexel Hill, PA 19026
Three separate residences offer varied layouts, private access, laundry areas, and outdoor space.
Property Size4,500 SF
Price / SF$122.22
Days on Market6
Property Features for 4412 Bloomfield Ave
General Information
Standard status
Active
Size
4,500 SF
Property subtype
Multi-Family
Building Details
Year Built
1940
Listing Agency:
Real Broker LLC
(302) 285-9777
Listed By:
Matthew Lenza · License #RS319684
Source:
Upgradebymichaud
Added: Aug 25
Changed: Aug 30
Last Checked: Aug 30 at 4:34AM
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 Broker LLC
Investment Insights
Based on property information with market context.
This 4,500-square-foot multifamily property contains three distinct residential spaces. The lower level has two bedrooms, a full bathroom, laundry area, garage access, and room prepared for a kitchen. The first-floor residence includes two bedrooms, two full bathrooms, a large living room, formal dining room, eat-in kitchen, deck, and backyard access. Its primary suite features a steam shower and heated bathroom floors, while mini-split systems provide heating and air conditioning. The second-floor apartment provides three bedrooms, one full bathroom, a large kitchen, a generously sized living room, and laundry hookups.
The second-floor unit is occupied under a month-to-month lease, and the tenants have expressed interest in remaining. The property was built in 1940 and is located at 4412 Bloomfield Ave in Drexel Hill, Pennsylvania. The first-floor residence is furnished, with furnishings available for separate negotiation.
The second-floor unit is occupied under a month-to-month lease, and the tenants have expressed interest in remaining. The property was built in 1940 and is located at 4412 Bloomfield Ave in Drexel Hill, Pennsylvania. The first-floor residence is furnished, with furnishings available for separate negotiation.
Key Highlights
- Three distinct residential spaces within a 4,500‑square‑foot property
- Lower‑level 2‑bedroom space with full bathroom, laundry area, garage access, and kitchen‑ready area
- First‑floor residence has 2 bedrooms, 2 full bathrooms, deck, backyard access, steam shower, and heated bathroom floors
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$49,323
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.97%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$986,460
$986.5K
Cap Rate 7%
$704,614
$704.6K
Cap Rate 9%
$548,033
$548.0K
Market Conditions
NOI Build-Up for 4,500 SF
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.
Gross rent
$81.0K $18.00/SF
− Vacancy
−$10.5K −$2.34/SF
EGI
$70.5K $15.66/SF
− OpEx
−$21.1K −$4.70/SF
NOI
$49.3K $10.96/SF
Area
Delaware County, PA
Vacancy
13.01%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$986,460
Cap Rate 7%
$704,614
Cap Rate 9%
$548,033
Alternative Uses
Best Use
Multifamily LT 5
$704.6K
$616.5K – $822.1K
NOI $49,323 @ 7.0% cap · market cap 8.97%
Second Best
Apartment 5plus
$644.4K
$563.9K – $751.9K
NOI $45,111 @ 7.0% cap · market cap 8.20%
Theoretical Best
Office A
$1.36M
$1.19M – $1.59M
NOI $95,505 @ 7.0% cap · market cap 17.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
773
Businesses Nearby
Explore this area
Business Placement
Demographics for 19026, PA
32,021
Population
13,643
Households
2.3
Avg Household Size
39
Median Age
46%
College-Educated
94%
High-School Grad
3.6 sq mi
ZIP Area
8,895
Density / Sq Mi
$89,079
Median Household Income
$50,930
Median Earnings
$1,316
Median Rent
$243,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three separate residences offer varied layouts, private access, laundry areas, and outdoor space.
Where is this triplex located?
The property is located at 4412 Bloomfield Ave Drexel Hill, PA.
What is the asking price?
The asking price for this property is $549,999.
What are key features of this property?
This property features: Three distinct residential spaces within a 4,500‑square‑foot property; Lower‑level 2‑bedroom space with full bathroom, laundry area, garage access, and kitchen‑ready area; First‑floor residence has 2 bedrooms, 2 full bathrooms, deck, backyard access, steam shower, and heated bathroom floors
