Triplex With Detached
For Sale
$319,900
4503 NAAMANS CREEK Road, Garnet Valley, PA 19060
Multi-Family, GARNET VALLEY, PA
Property Size1,835 SF
Lot Size0.47 Acres
Price / SF$174.33
Days on Market48
Property Features for 4503 NAAMANS CREEK Road
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Rooms
Basement
Parking
4
Parking features
Driveway
Interior features
2nd Kitchen
Subdivision
NONE AVAILABLE
Elementary school district
CHICHESTER
Middle school district
CHICHESTER
High school district
CHICHESTER
Special listing conditions
In Foreclosure
Standard status
Active
Size
1,835 SF
Lot size
0.47 Acres
Taxes and HOA fees
Tax Annual Amount
7577
Utilities
Heating system
Hot Water(Heating)
Building Details
Year built
1920
Number of units
1
Building materials
Asbestos
Architectural style
Bungalow
Listing Agency:
RE/MAX Prime Real Estate · RE/MAX International
Listed By:
Jaimee A. Cohen · License #RM424669
(610) 622-7500
Added: Sep 18
Changed: Oct 16
Last Checked: Nov 4 at 12:06AM
MLS# PADE2124232
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.
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Investment Insights
Based on property information with market context.
This 1,835-square-foot residential property is configured as a primary home alongside a detached building containing two separate apartments. The main residence includes two first-floor bedrooms, a full bathroom, additional upper-level rooms, and an unfinished basement. One apartment has a bedroom and full bathroom, while the second is an efficiency-style unit with a kitchenette and full bathroom. A second kitchen is also identified among the interior features.
The property occupies 0.47 acres at 4503 Naamans Creek Road in Garnet Valley, Pennsylvania. Outdoor improvements include a rear yard and driveway parking. Built in 1920, the home has bungalow architecture, hot-water heating, and asbestos construction materials. The property is offered as-is, with buyers responsible for verifying condition, zoning, permitted uses, dimensions, square footage, and applicable permits.
The property occupies 0.47 acres at 4503 Naamans Creek Road in Garnet Valley, Pennsylvania. Outdoor improvements include a rear yard and driveway parking. Built in 1920, the home has bungalow architecture, hot-water heating, and asbestos construction materials. The property is offered as-is, with buyers responsible for verifying condition, zoning, permitted uses, dimensions, square footage, and applicable permits.
Key Highlights
- 0.47‑acre corner property at 4503 Naamans Creek Road, Garnet Valley, PA 19060
- Primary home plus a detached structure containing two separate apartment units
- 1,835 square feet of property size
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,113
Cap Rate
6.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$402,260
$402.3K
Cap Rate 7%
$287,329
$287.3K
Cap Rate 9%
$223,478
$223.5K
Market Conditions
NOI Build-Up for 1,835 SF
Gross rent
$33.0K $18.00/SF
− Vacancy
−$4.3K −$2.34/SF
EGI
$28.7K $15.66/SF
− OpEx
−$8.6K −$4.70/SF
NOI
$20.1K $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 Rate 5%
$402,260
Cap Rate 7%
$287,329
Cap Rate 9%
$223,478
Alternative Uses
Best Use
Multifamily LT 5
$287.3K
$251.4K – $335.2K
NOI $20,113 @ 7.0% cap · market cap 6.29%
Second Best
Apartment 5plus
$262.8K
$229.9K – $306.6K
NOI $18,395 @ 7.0% cap · market cap 5.75%
Theoretical Best
Office A
$556.4K
$486.8K – $649.1K
NOI $38,945 @ 7.0% cap · market cap 12.17%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
70
Businesses Nearby
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Business Placement
Demographics for 19060, PA
11,646
Population
3,842
Households
3
Avg Household Size
45
Median Age
55%
College-Educated
98%
High-School Grad
7.7 sq mi
ZIP Area
1,512
Density / Sq Mi
$174,756
Median Household Income
$68,144
Median Earnings
$516,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Corner residential property with a primary home, two detached apartment units, and a substantial rear yard.
Where is this triplex located?
The property is located at 4503 NAAMANS CREEK Road Garnet Valley, PA.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: 0.47‑acre corner property at 4503 Naamans Creek Road, Garnet Valley, PA 19060; Primary home plus a detached structure containing two separate apartment units; 1,835 square feet of property size
