Renovated Triplex with Separate
For Sale
$370,000
46 S STATE ROAD, Upper Darby, PA 19082
Updated three-unit property with two two-bedroom residences and one one-bedroom residence.
Property Size2,030 SF
Days on Market122
Property Features for 46 S STATE ROAD
General Information
Standard status
Active
Size
2,030 SF
Property subtype
Triplex
Units
Unit Mix
2 x 2BR, 1 x 1BR
Multifamily Units
3
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$6,557
Amenities
individual locked mailboxes
shared secure package box
Building Details
Building Size
2,030 SF
Year Built
1960
Buildings
1
Listing Agency:
Long & Foster Real Estate, Inc.
(267) 257-4051
Listed By:
Robert B Travers · License #RS316370
(267) 257-4051
Source:
Patmckennarealtors
Added: Apr 6
Changed: Aug 4
Last Checked: Aug 4 at 3:19AM
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 Long & Foster Real Estate, Inc.
Investment Insights
Based on property information with market context.
Located at 46 S State Road in Upper Darby, this 1960 triplex contains two 2-bedroom units and one 1-bedroom unit. Recent improvements include flooring, windows, roofing, and modern interior finishes. The property also includes an attic suitable for storage and a basement laundry area. Each residence has its own electric meter, while updated plumbing and newer 2-zone hydronic heating support the building’s core systems.
The property has individual locked mailboxes, a shared secure package box, and a reconditioned, code-approved fire escape with egress windows. Required Use and Occupancy inspections have been completed. Schools, shopping, dining, and public transportation are within walking distance, providing convenient access to nearby daily amenities and transit options.
The property has individual locked mailboxes, a shared secure package box, and a reconditioned, code-approved fire escape with egress windows. Required Use and Occupancy inspections have been completed. Schools, shopping, dining, and public transportation are within walking distance, providing convenient access to nearby daily amenities and transit options.
Key Highlights
- Two 2‑bedroom units plus one 1‑bedroom unit
- Recent updates include flooring, windows, roofing, and interior finishes
- Separate electric meters for all three units
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 | $36.5k | $18.00 |
| − Vacancy | −$4.8k | −$2.34 |
| EGI | $31.8k | $15.66 |
| − OpEx | −$9.5k | −$4.70 |
| NOI | $22.3k | $10.96 |
2,030 SF · lease $18.00/SF/yr · vacancy 13.01% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$317.9K
$278.1K – $370.8K
NOI $22,250 @ 7.0% cap · market cap 6.01%
Second Best
Apartment 5plus
$290.7K
$254.4K – $339.2K
NOI $20,350 @ 7.0% cap · market cap 5.50%
Theoretical Best
Office A
$615.5K
$538.5K – $718.1K
NOI $43,083 @ 7.0% cap · market cap 11.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,292
Businesses Nearby
Explore this area
Business Placement
Demographics for 19082, PA
42,761
Population
16,775
Households
2.5
Avg Household Size
35
Median Age
23%
College-Educated
84%
High-School Grad
2.6 sq mi
ZIP Area
16,447
Density / Sq Mi
$55,551
Median Household Income
$36,139
Median Earnings
$1,178
Median Rent
$155,400
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 - Updated three-unit property with two two-bedroom residences and one one-bedroom residence.
Where is this triplex located?
The property is located at 46 S STATE ROAD Upper Darby, PA.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: Two 2‑bedroom units plus one 1‑bedroom unit; Recent updates include flooring, windows, roofing, and interior finishes; Separate electric meters for all three units
