Two-Unit Townhouse-Style
For Sale
$599,000
528 EAST AVENUE, Glenside, PA 19038
Both residences feature three-floor layouts, annual leases, and recent roof and solar improvements.
Property Size2,483 SF
Days on Market127
Property Features for 528 EAST AVENUE
General Information
Standard status
Active
Size
2,483 SF
Total Parking Spaces
1
Property subtype
Duplex
Occupancy
100%
Taxes and HOA fees
Annual Taxes
$7,712
Amenities
solar panels
private backyard
Building Details
Building Size
2,483 SF
Year Built
1900
Buildings
1
Stories
3
Tenancy
Multi
Listing Agency:
KW Empower
(215) 779-1137
Listed By:
Nicholas Joseph Ochs · License #RS330555
(215) 779-1137
Source:
Lizclarkrealestate
Added: Mar 31
Changed: Aug 2
Last Checked: Aug 4 at 9:14AM
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 KW Empower
Investment Insights
Based on property information with market context.
Located at 528 East Avenue in Glenside, Pennsylvania, this duplex contains two townhouse-style residences, each offering three bedrooms across three floors. Both units are leased on yearly terms, providing an established occupancy arrangement for the property.
Recent improvements include a new roof and solar panels. The property also includes a detached garage and private backyard, adding useful exterior amenities for the residences. Its location near train service supports commuter access, while the 1900 construction date provides additional context for the building’s history.
Recent improvements include a new roof and solar panels. The property also includes a detached garage and private backyard, adding useful exterior amenities for the residences. Its location near train service supports commuter access, while the 1900 construction date provides additional context for the building’s history.
Key Highlights
- Two 3‑bedroom townhouse‑style units
- Each residence spans 3 floors
- Both units leased on yearly terms
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 | $55.1k | $22.20 |
| − Vacancy | −$3.6k | −$1.44 |
| EGI | $51.5k | $20.76 |
| − OpEx | −$15.5k | −$6.23 |
| NOI | $36.1k | $14.53 |
2,483 SF · lease $22.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$515.4K
$451.0K – $601.3K
NOI $36,078 @ 7.0% cap · market cap 6.02%
Second Best
Apartment 5plus
$479.2K
$419.3K – $559.1K
NOI $33,546 @ 7.0% cap · market cap 5.60%
Theoretical Best
Specialty Retail
$1.43M
$1.25M – $1.67M
NOI $99,977 @ 7.0% cap · market cap 16.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
466
Businesses Nearby
Explore this area
Business Placement
Demographics for 19038, PA
32,490
Population
11,889
Households
2.7
Avg Household Size
40
Median Age
56%
College-Educated
96%
High-School Grad
8.2 sq mi
ZIP Area
3,962
Density / Sq Mi
$113,464
Median Household Income
$56,934
Median Earnings
$1,407
Median Rent
$387,800
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 - Both residences feature three-floor layouts, annual leases, and recent roof and solar improvements.
Where is this duplex located?
The property is located at 528 EAST AVENUE Glenside, PA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Two 3‑bedroom townhouse‑style units; Each residence spans 3 floors; Both units leased on yearly terms
