Detached Two-Building
New
For Sale
$609,000
4640 MAGNOLIA AVENUE, Feasterville Trevose, PA 19053
Separate living quarters offer private outdoor areas, individually divided utilities, and dedicated parking for each residence.
Property Size2,113 SF
Price / SF$288.22
Days on Market7
Property Features for 4640 MAGNOLIA AVENUE
General Information
Standard status
Active
Size
2,113 SF
Property subtype
Duplex
Units
Unit Mix
1 x 2BR/1.5BA, 1 x 1BR/2BA
Multifamily Units
2
Amenities
private concrete patio
private tree-lined backyard
deck
finished basement
in-unit washer/dryer
central A/C
heat pump
recessed lighting
mini-split
Building Details
Year Built
1951
Buildings
2
Listing Agency:
New Century Real Estate
(267) 767-0111
Listed By:
Alan Armen Asriants
(267) 767-0111
Source:
Cummingsrealtors
Added: Aug 16
Changed: Aug 22
Last Checked: Aug 22 at 3:38AM
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 New Century Real Estate
Investment Insights
Based on property information with market context.
This legal duplex in Bensalem Township comprises two detached buildings on one parcel, creating distinct living environments. The main residence includes 2 bedrooms, 1.5 baths, a finished basement with an egress window and office area, central A/C, heat-pump forced hot air, laundry hookups, a concrete patio, deck, and private tree-lined yard. The west residence is a bi-level layout with 1 bedroom, 2 full baths, recessed lighting, in-unit laundry, a mini-split cooling system, oil-fired forced-air heat, patio, and kitchen walk-out deck.
Both units are separately metered for utilities and have private outdoor areas. The shared driveway accommodates 3+ cars per unit. Built in 1951, the property is located at 4640 Magnolia Avenue in Feasterville Trevose, Pennsylvania, and includes established landscaping throughout.
Both units are separately metered for utilities and have private outdoor areas. The shared driveway accommodates 3+ cars per unit. Built in 1951, the property is located at 4640 Magnolia Avenue in Feasterville Trevose, Pennsylvania, and includes established landscaping throughout.
Key Highlights
- Legal duplex with two detached buildings on one lot
- Main unit: 2 bedrooms, 1.5 baths, finished basement, office, patio, deck, and private yard
- West unit: 1 bedroom, 2 full baths, bi‑level layout, laundry, patio, and walk‑out deck
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
$26,162
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
4.30%
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%
$523,240
$523.2K
Cap Rate 7%
$373,743
$373.7K
Cap Rate 9%
$290,689
$290.7K
Market Conditions
NOI Build-Up for 2,113 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
$49.2K $23.28/SF
− Vacancy
−$1.6K −$0.77/SF
EGI
$47.6K $22.51/SF
− OpEx
−$21.4K −$10.13/SF
NOI
$26.2K $12.38/SF
Area
Bucks County, PA
Vacancy
3.30%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
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%
$523,240
Cap Rate 7%
$373,743
Cap Rate 9%
$290,689
Alternative Uses
Best Use
Apartment 5plus
$373.7K
$327.0K – $436.0K
NOI $26,162 @ 7.0% cap · market cap 4.30%
Second Best
Multifamily LT 5
$358.2K
$313.4K – $417.9K
NOI $25,071 @ 7.0% cap · market cap 4.12%
Theoretical Best
Office A
$640.6K
$560.6K – $747.4K
NOI $44,845 @ 7.0% cap · market cap 7.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
425
Businesses Nearby
Explore this area
Business Placement
Demographics for 19053, PA
28,179
Population
11,161
Households
2.5
Avg Household Size
43
Median Age
37%
College-Educated
94%
High-School Grad
10.5 sq mi
ZIP Area
2,684
Density / Sq Mi
$102,241
Median Household Income
$59,606
Median Earnings
$1,401
Median Rent
$382,300
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?
Duplex - Separate living quarters offer private outdoor areas, individually divided utilities, and dedicated parking for each residence.
Where is this duplex located?
The property is located at 4640 MAGNOLIA AVENUE Feasterville Trevose, PA.
What is the asking price?
The asking price for this property is $609,000.
What are key features of this property?
This property features: Legal duplex with two detached buildings on one lot; Main unit: 2 bedrooms, 1.5 baths, finished basement, office, patio, deck, and private yard; West unit: 1 bedroom, 2 full baths, bi‑level layout, laundry, patio, and walk‑out deck
