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Multifamily Duplex with Private Entrances
For Sale
$325,000
Pending

55 Richfield Road, Upper Darby, PA 19082

Duplex offers two separate apartment units, plus additional finished lower-level space with its own private entrance.

Property Size1,870 SF
Days on Market55

Property Features for 55 Richfield Road

General Information

Standard status Pending
Size 1,870 SF
Property subtype Multi-Family / Fee Simple
Zoning R-4

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $5,622

Amenities

Yes
1
No Pool

Building Details

Year Built 1920
Tenancy Multi
Listing Agency: Compass Pennsylvania, LLC
Listed By: Geena Louxz · License #RS357626
Source: Compass
Added: Jul 16 Changed: Aug 25 Last Checked: Sep 8 at 11:07AM

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 Compass Pennsylvania, LLC

Investment Insights

Based on property information with market context.

This spacious multifamily duplex includes two separate apartment units along with additional finished living space in the lower level, accessed by a private entrance. The first-floor unit features two bedrooms, one full bathroom, and a functional kitchen, with a connected finished basement level that includes two additional bedrooms, a mini kitchenette, and a full bathroom. The second-floor unit provides four bedrooms and one full bathroom, creating flexible configurations for different household sizes.

The property includes a small backyard and a shared driveway that provides off-street parking. It is located in Upper Darby near shopping, dining, public transportation, and major roadways.

Overall, the layout is designed to support multiple independent living spaces within one duplex structure, combining in-unit bedroom counts across the main and lower levels with private access for the additional finished area.

Key Highlights

  • 1920‑built duplex with 8 bedrooms and 3 full bathrooms total
  • Two separate apartment units plus finished lower‑level space with a private entrance
  • First‑floor unit: 2 bedrooms, 1 full bathroom, and a functional kitchen layout

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
$20,497
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
6.31%
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%
$409,940 $409.9K
Cap Rate 7%
$292,814 $292.8K
Cap Rate 9%
$227,744 $227.7K
Market Conditions
NOI Build-Up for 1,870 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
$33.7K $18.00/SF
− Vacancy
−$4.4K −$2.34/SF
EGI
$29.3K $15.66/SF
− OpEx
−$8.8K −$4.70/SF
NOI
$20.5K $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 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%
$409,940
Cap Rate 7%
$292,814
Cap Rate 9%
$227,744

Alternative Uses

Best Use
Multifamily LT 5
$292.8K
$256.2K – $341.6K (±1% cap)
NOI $20,497 @ 7.0% cap · market cap 6.31%
Second Best
Apartment 5plus
$267.8K
$234.3K – $312.4K (±1% cap)
NOI $18,746 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$567.0K
$496.1K – $661.5K (±1% cap)
NOI $39,688 @ 7.0% cap · market cap 12.21%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Electrical Service Skin Care Clinic Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,690
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex offers two separate apartment units, plus additional finished lower-level space with its own private entrance.
Where is this duplex located?
The property is located at 55 Richfield Road Upper Darby, PA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 1920‑built duplex with 8 bedrooms and 3 full bathrooms total; Two separate apartment units plus finished lower‑level space with a private entrance; First‑floor unit: 2 bedrooms, 1 full bathroom, and a functional kitchen layout
More about this property
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