4-Unit Residential Income
New
For Sale
$400,000
710 CEDAR AVENUE, Lansdowne, PA 19050
Four apartments combine one- and two-bedroom layouts in a compact multifamily building.
Property Size3,056 SF
Price / SF$130.89
Days on Market3
Property Features for 710 CEDAR AVENUE
General Information
Standard status
Active
Size
3,056 SF
Property subtype
Quadruplex
Site & Location
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
3 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units
4
Additional Details
Gross Income
$47,328
Tenant in Place
Yes
Building Details
Year Built
1930
Listing Agency:
Premier Property Management & Realty LLC
(610) 924-7284
Listed By:
Robert Stranix · License #rs354292
(610) 331-2027
Source:
Cummingsrealtors
Added: Nov 1
Changed: Nov 3
Last Checked: Nov 3 at 2:38PM
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 Premier Property Management & Realty LLC
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Investment Insights
Based on property information with market context.
This 4-unit residential property contains three 1-bedroom, 1-bathroom apartments and one 2-bedroom, 1-bathroom apartment. The building totals 3,056 square feet and was constructed in 1930. Combined monthly rental income is $3,944.
The property is located at 710 Cedar Avenue in Lansdowne, Pennsylvania.
The property is located at 710 Cedar Avenue in Lansdowne, Pennsylvania.
Key Highlights
- Four residential units
- Three 1‑bedroom, 1‑bathroom apartments and one 2‑bedroom, 1‑bathroom apartment
- 3,056 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,496
Cap Rate
8.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$669,920
$669.9K
Cap Rate 7%
$478,514
$478.5K
Cap Rate 9%
$372,178
$372.2K
Market Conditions
NOI Build-Up for 3,056 SF
Gross rent
$55.0K $18.00/SF
− Vacancy
−$7.2K −$2.34/SF
EGI
$47.9K $15.66/SF
− OpEx
−$14.4K −$4.70/SF
NOI
$33.5K $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 Rate 5%
$669,920
Cap Rate 7%
$478,514
Cap Rate 9%
$372,178
Alternative Uses
Best Use
Multifamily LT 5
$478.5K
$418.7K – $558.3K
NOI $33,496 @ 7.0% cap · market cap 8.37%
Second Best
Apartment 5plus
$437.6K
$382.9K – $510.6K
NOI $30,635 @ 7.0% cap · market cap 7.66%
Theoretical Best
Office A
$926.5K
$810.7K – $1.08M
NOI $64,858 @ 7.0% cap · market cap 16.21%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
4
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
593
Businesses Nearby
Explore this area
Business Placement
Demographics for 19050, PA
29,176
Population
12,695
Households
2.3
Avg Household Size
40
Median Age
30%
College-Educated
92%
High-School Grad
3.7 sq mi
ZIP Area
7,885
Density / Sq Mi
$62,517
Median Household Income
$44,408
Median Earnings
$1,166
Median Rent
$188,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Four apartments combine one- and two-bedroom layouts in a compact multifamily building.
Where is this quadplex located?
The property is located at 710 CEDAR AVENUE Lansdowne, PA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Four residential units; Three 1‑bedroom, 1‑bathroom apartments and one 2‑bedroom, 1‑bathroom apartment; 3,056 square feet
