Detached Duplex with Updated
7768 MONTGOMERY Avenue Elkins Park, PA 19027
7768 MONTGOMERY Avenue, Elkins Park, PA, 19027
$329,000
For Sale
$329,000
MULTI_FAMILY - Craftsman - ELKINS PARK, PA
Property Size1,837 SF
Lot Size0.04 Acres
Price / SF$179.10
Days on Market12
Property Features for 7768 MONTGOMERY Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 2
- Parking features
- On Street, Driveway
- Standard status
- Active
- Size
- 1,837 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5499
Utilities
- Heating system
- Baseboard, Other (Heating), Hot Water(Heating)
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1900
- Number of units
- 2
- Building materials
- Asbestos
- Architectural style
- Craftsman
Listing Agency
RE/MAX Centre Realtors
(215) 343-8200
2701 York Road, Jamison, PA
Listed by
Robert Wipplinger · License #RS298064
(215) 669-5555
Added: Jul 7 Checked: Jul 18 at 4:06 am
MLS# PAMC2186904
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.
Investment Insights
Based on property information with market context.
This detached duplex offers two separate residential units, each with a bedroom, a full bathroom, a living room, and a kitchen. The first-floor unit includes a separate dining room and direct access to the backyard, along with a storage shed. The second-floor unit features an updated kitchen with modern cabinetry and laminate flooring, and includes an in-unit washer and dryer. A bonus room off the bedroom adds flexible space that can support a home office, nursery, or guest room. The property also has a full basement for storage. Updates noted in the remarks include a heater installed in 2024 and a roof replacement completed about three months ago.
The property is located in Elkins Park, Pennsylvania, at 7768 Montgomery Avenue (19027) in Montgomery County. The remarks indicate the home is just minutes from the Elkins Park Regional Rail station, supporting commuter convenience. Additional proximity mentioned includes Arcadia University and La Salle University, along with nearby shopping, restaurants, parks, and everyday amenities.
For tenants or owner-occupants, the layout supports live-in-and-lease dynamics, with separate unit features designed for everyday comfort such as in-unit laundry on the second floor and outdoor access from the first-floor unit. For buyers, the combination of two units, off-street parking via a driveway, and recent major system updates can support a move-in ready use for either an income-focused strategy or a blended occupancy plan.
The property is located in Elkins Park, Pennsylvania, at 7768 Montgomery Avenue (19027) in Montgomery County. The remarks indicate the home is just minutes from the Elkins Park Regional Rail station, supporting commuter convenience. Additional proximity mentioned includes Arcadia University and La Salle University, along with nearby shopping, restaurants, parks, and everyday amenities.
For tenants or owner-occupants, the layout supports live-in-and-lease dynamics, with separate unit features designed for everyday comfort such as in-unit laundry on the second floor and outdoor access from the first-floor unit. For buyers, the combination of two units, off-street parking via a driveway, and recent major system updates can support a move-in ready use for either an income-focused strategy or a blended occupancy plan.
Key Highlights
- Detached duplex with Craftsman style and heating options including hot water, other heating, and baseboard
- New heater installed in 2024 plus new roof installed 3 months ago
- Each unit includes 1 bedroom, 1 full bathroom, a living room, and a kitchen
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.8k | $22.20 |
| − Vacancy | −$2.7k | −$1.44 |
| EGI | $38.1k | $20.76 |
| − OpEx | −$11.4k | −$6.23 |
| NOI | $26.7k | $14.53 |
1,837 SF · lease $22.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$381.3K
$333.6K – $444.9K
NOI $26,691 @ 7.0% cap · market cap 8.11%
Second Best
Apartment 5plus
$354.5K
$310.2K – $413.6K
NOI $24,818 @ 7.0% cap · market cap 7.54%
Theoretical Best
Specialty Retail
$1.06M
$924.6K – $1.23M
NOI $73,966 @ 7.0% cap · market cap 22.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Detached two-unit home with newer roof and heating, plus a driveway and basement storage.
Where is this duplex located?
The property is located at 7768 MONTGOMERY Avenue Elkins Park, PA.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: Detached duplex with Craftsman style and heating options including hot water, other heating, and baseboard; New heater installed in 2024 plus new roof installed 3 months ago; Each unit includes 1 bedroom, 1 full bathroom, a living room, and a kitchen
