Three-Bedroom Duplex with Solar
For Sale
$599,000
528 East Ave, Glenside, PA 19038
Two leased residences offer three levels of living space, complemented by a detached garage and private backyard.
Property Size2,483 SF
Price / SF$241.24
Days on Market63
Property Features for 528 East Ave
General Information
Standard status
Active
Size
2,483 SF
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
2 x 3BR
Multifamily Units
2
Additional Details
Public Transit
Yes
Amenities
detached garage
private backyard
solar panels
Building Details
Year Built
1900
Stories
3
Tenancy
Multi
Listing Agency:
KW Empower
Listed By:
Nicholas Joseph Ochs, EUGENE PETER KENWORTHY III
Source:
Upgradebymichaud
Added: Aug 15
Changed: Oct 10
Last Checked: Oct 15 at 1:55AM
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
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Investment Insights
Based on property information with market context.
Built in 1900, this townhouse-style duplex contains two three-bedroom residences, each arranged across three floors. The property totals 2,483 square feet and includes a new roof, solar panels, a detached garage, and a private backyard. Both units are occupied under yearly leases, providing an established rental configuration for the next owner.
Located at 528 East Ave in Glenside, the property is near train service for regional commuting. Its two-unit layout, separate residential accommodations, and recent exterior and energy-related improvements support continued use as a residential income property.
Located at 528 East Ave in Glenside, the property is near train service for regional commuting. Its two-unit layout, separate residential accommodations, and recent exterior and energy-related improvements support continued use as a residential income property.
Key Highlights
- Two‑unit duplex with two three‑bedroom residences
- Each residence spans three floors
- 2,483 square feet total
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,078
Cap Rate
6.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$721,560
$721.6K
Cap Rate 7%
$515,400
$515.4K
Cap Rate 9%
$400,867
$400.9K
Market Conditions
NOI Build-Up for 2,483 SF
Gross rent
$55.1K $22.20/SF
− Vacancy
−$3.6K −$1.44/SF
EGI
$51.5K $20.76/SF
− OpEx
−$15.5K −$6.23/SF
NOI
$36.1K $14.53/SF
Area
Montgomery County, PA
Vacancy
6.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$721,560
Cap Rate 7%
$515,400
Cap Rate 9%
$400,867
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.
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Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
717
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two leased residences offer three levels of living space, complemented by a detached garage and private backyard.
Where is this duplex located?
The property is located at 528 East Ave 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‑unit duplex with two three‑bedroom residences; Each residence spans three floors; 2,483 square feet total
