Two-Unit Ranch
For Sale
$410,000
612 COUNTRY Lane, Morton, PA 19070
Multi-Family, MORTON, PA
Property Size2,112 SF
Lot Size0.06 Acres
Price / SF$194.13
Days on Market9
Property Features for 612 COUNTRY Lane
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement, Dining Room
Parking
6
Parking features
Garage - Attached, Off Street, Driveway
Interior features
Bathroom - Walk-In Shower, Combination Dining/Living, Combination Kitchen/Dining
Appliances
Built-In Range, Dishwasher, Oven/Range - Electric, Refrigerator, Disposal, Dryer - Electric, Extra Refrigerator/Freezer, Washer
High school
SPRINGFIELD
Elementary school district
SPRINGFIELD
Middle school district
SPRINGFIELD
High school district
SPRINGFIELD
Standard status
Active
Size
2,112 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
7891
Utilities
Heating system
Heat Pump (Heating)
Cooling system
Central Air
Amenities
balcony
walk-in closet
laundry room
Building Details
Year built
1982
Floors in Building
2
Number of units
2
Building materials
Concrete, Mixed
Architectural style
Ranch
Listing Agency:
Premier Property Sales & Rentals · Prudential Real Estate
(610) 328-2400
Listed By:
Tammy Feby · License #RS210469L
(610) 329-7857
Added: Aug 20
Changed: Aug 27
Last Checked: Aug 28 at 10:06PM
MLS# PADE2121974
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,112-square-foot duplex, built in 1982, contains two matching residential units in a ranch-style configuration. Each unit includes a living room, dining area, kitchen, two bedrooms, a walk-in bedroom closet, a powder room, and a balcony. Kitchens include built-in appliances, ceramic tile flooring, and refrigerator and dishwasher equipment. One first-floor bathroom has been remodeled with tile and a walk-in shower.
The property includes a partially finished basement with a walkout, an additional full bathroom, a laundry room arranged for separate unit use, and utility and storage areas. A two-car attached garage provides further storage, with additional driveway and off-street parking. Set on 0.06 acres at 612 Country Lane in Morton, the duplex is in the Springfield School District and near metro and commuter rail transportation. The property is offered in as-is condition.
The property includes a partially finished basement with a walkout, an additional full bathroom, a laundry room arranged for separate unit use, and utility and storage areas. A two-car attached garage provides further storage, with additional driveway and off-street parking. Set on 0.06 acres at 612 Country Lane in Morton, the duplex is in the Springfield School District and near metro and commuter rail transportation. The property is offered in as-is condition.
Key Highlights
- 2,112‑square‑foot duplex on a 0.06‑acre lot
- Two matching units with two bedrooms, balconies, and separate laundry areas
- Partially finished walkout basement with an additional full bathroom
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
$23,149
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
5.65%
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%
$462,980
$463.0K
Cap Rate 7%
$330,700
$330.7K
Cap Rate 9%
$257,211
$257.2K
Market Conditions
NOI Build-Up for 2,112 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
$38.0K $18.00/SF
− Vacancy
−$4.9K −$2.34/SF
EGI
$33.1K $15.66/SF
− OpEx
−$9.9K −$4.70/SF
NOI
$23.1K $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%
$462,980
Cap Rate 7%
$330,700
Cap Rate 9%
$257,211
Alternative Uses
Best Use
Multifamily LT 5
$330.7K
$289.4K – $385.8K
NOI $23,149 @ 7.0% cap · market cap 5.65%
Second Best
Apartment 5plus
$302.5K
$264.7K – $352.9K
NOI $21,172 @ 7.0% cap · market cap 5.16%
Theoretical Best
Office A
$640.3K
$560.3K – $747.1K
NOI $44,824 @ 7.0% cap · market cap 10.93%
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
759
Businesses Nearby
Explore this area
Business Placement
Demographics for 19070, PA
7,306
Population
2,707
Households
2.7
Avg Household Size
42
Median Age
36%
College-Educated
93%
High-School Grad
1.1 sq mi
ZIP Area
6,642
Density / Sq Mi
$81,375
Median Household Income
$53,434
Median Earnings
$1,300
Median Rent
$283,900
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 - Twin residential units offer matching layouts, private outdoor areas, dedicated laundry space, and attached garage storage.
Where is this duplex located?
The property is located at 612 COUNTRY Lane Morton, PA.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: 2,112‑square‑foot duplex on a 0.06‑acre lot; Two matching units with two bedrooms, balconies, and separate laundry areas; Partially finished walkout basement with an additional full bathroom
