Well-Maintained Duplex in Drexel
653 DREXEL Avenue, Drexel Hill, PA 19026
MULTI_FAMILY - Colonial - DREXEL HILL, PA
Property size:
2,609 SFLot size:
0.06 AcresPrice / SF:
$134/SF- Added:
- Feb 19, 2026
- Days on Market:
- 93
- Last Refresh:
- May 23 at 4:06 pm
Property Features for 653 DREXEL Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 5
- Parking features
- Driveway, Garage - Attached, Off Street, On Street
- Interior features
- Attic, Ceiling Fan(s), Floor Plan - Traditional, Kitchen - Eat-In
- Appliances
- Built-In Microwave, Dishwasher, Range Hood, Washer, Dryer, Refrigerator
- Standard status
- Active Under Contract
- Size
- 2,609 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9363
Utilities
- Heating system
- Hot Water(Heating)
- Cooling system
- Ceiling Fan(s), Window Unit(s)
Building Details
- Year built
- 1952
- Number of units
- 1
- Building materials
- Brick
- Architectural style
- Colonial
Listing agent John F McAleer License #AB049026L (610) 909-7156
Listing office Keller Williams Main Line 6 Coulter Avenue unit: 2, Ardmore, PA (610) 520-0100
Listing date Feb 19, 2026
MLS# PADE2107734
Listing URL
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.
HighLights
- Turnkey duplex in highly desirable Drexel Hill location, offering an immediate and solid income‑producing opportunity for investors.
- Two spacious units, each with two bedrooms and one bathroom, providing a reliable income stream.
- Each unit features a newer kitchen and includes all kitchen appliances, washers, and dryers.
- Attached two‑car garage with automatic openers, plus designated parking spots for three cars.
- Convenient location close to shopping, public schools, parks, public transportation, and major routes.
- Separate attic storage rooms for each unit and garage access.
Overview
This well-maintained semi-detached duplex in Drexel Hill offers a turnkey opportunity for investors. The property features two spacious units, each providing two bedrooms and one bathroom, offering a reliable income stream. The first-floor unit, occupied by long-term tenants for the past 15 years, includes two entrances, a living room, a dining area (currently used as a home office), a newer kitchen, a primary bedroom, a hall bath, and a second bedroom. It also features basement access to a den, laundry room, utilities, and the garage. The second-floor apartment consists of a living room, a dining area, a newer kitchen, a washer/dryer combo in the hall, a primary bedroom, and a second bedroom. Both units have access to separate attic storage rooms, and each tenant may use one side of the attached two-car garage with automatic openers. The property also includes designated parking spots for three cars. Mechanicals feature 2 zoned gas hot water heating and separate 100 AMP circuit breaker panels located in the garage. The property includes all kitchen appliances, washers, and dryers. Located in the Drexel Hill community, the property is close to shopping, public schools, parks, public transportation, and major routes. The property size is 2609 square feet and the lot size is 0.06 acres.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$317.7K
NOI $28,597 @ 9.00% cap · cautious / downside scenario
Moderate
$408.5K
NOI $28,597 @ 7.00% cap · market / base-case scenario
Aggressive
$571.9K
NOI $28,597 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.0k | $18.00 |
| − Vacancy | −$6.1k | −$2.34 |
| EGI | $40.9k | $15.66 |
| − OpEx | −$12.3k | −$4.70 |
| NOI | $28.6k | $10.96 |
2,609 SF · lease $18.00/SF/yr · vacancy 13.01% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$408.5K
$357.5K – $476.6K
NOI $28,597 @ 7.0% cap · market cap 8.17%
Second Best
Apartment 5plus
$373.6K
$326.9K – $435.9K
NOI $26,154 @ 7.0% cap · market cap 7.47%
Theoretical Best
Office A
$791.0K
$692.2K – $922.9K
NOI $55,372 @ 7.0% cap · market cap 15.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Drexel Hill
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.304
- Latitude
- 39.9501
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Turnkey duplex with two spacious units in desirable location.
Where is this duplex located?
The property is located at 653 DREXEL Avenue Drexel Hill, PA.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Turnkey duplex in highly desirable Drexel Hill location, offering an immediate and solid income‑producing opportunity for investors.; Two spacious units, each with two bedrooms and one bathroom, providing a reliable income stream.; Each unit features a newer kitchen and includes all kitchen appliances, washers, and dryers.
