Three-Unit Updated Condominium
For Sale
$349,900
801 YALE AVENUE, Swarthmore, PA 19081
Three first-floor residences include private laundry and storage access reserved for the group.
Property Size2,200 SF
Price / SF$159.05
Days on Market59
Property Features for 801 YALE AVENUE
General Information
Standard status
Active
Size
2,200 SF
Property subtype
Quadruplex
Building Details
Year Built
1969
Listing Agency:
Keller Williams Realty Devon-Wayne
(610) 647-8300
Listed By:
Brandie Elizabeth Keates · License #RS379088
(484) 253-6062
Source:
Cummingsrealtors
Added: Aug 13
Changed: Oct 7
Last Checked: Oct 7 at 12:24PM
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 Keller Williams Realty Devon-Wayne
Investment Insights
Based on property information with market context.
This multifamily offering combines three renovated one-bedroom condominiums within Strath Haven Condominium. The residences are being conveyed together and include a private laundry and storage room designated for their shared use. Current occupancy is varied: one residence operates as an Airbnb/short-term rental with reservations extending through May 2027, another is leased month-to-month, and the third is vacant. Unit 101 adds a small deck and exterior stairs near the community garden, while Unit 102 has separate exterior stair access toward the parking area.
The condominium community provides a pool, library, laundry facilities, storage, gathering areas, and maintained landscaped grounds with flowers and a herb garden. The property is located at 801 Yale Avenue in Swarthmore, near local shops, dining, and the train. The residences were built in 1969 and have received recent updates.
The condominium community provides a pool, library, laundry facilities, storage, gathering areas, and maintained landscaped grounds with flowers and a herb garden. The property is located at 801 Yale Avenue in Swarthmore, near local shops, dining, and the train. The residences were built in 1969 and have received recent updates.
Key Highlights
- Three renovated one‑bedroom condominiums offered together
- Varied occupancy: short‑term rental reservations through May 2027, month‑to‑month tenancy, and one vacant unit
- Private laundry and storage room reserved for the three residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,054
Cap Rate
6.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$441,080
$441.1K
Cap Rate 7%
$315,057
$315.1K
Cap Rate 9%
$245,044
$245.0K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$46.5K $21.12/SF
− Vacancy
−$6.4K −$2.89/SF
EGI
$40.1K $18.23/SF
− OpEx
−$18.0K −$8.20/SF
NOI
$22.1K $10.02/SF
Area
Delaware County, PA
Vacancy
13.70%
Lease Rate
$21.12 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$441,080
Cap Rate 7%
$315,057
Cap Rate 9%
$245,044
Alternative Uses
Best Use
Apartment 5plus
$315.1K
$275.7K – $367.6K
NOI $22,054 @ 7.0% cap · market cap 6.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$667.0K
$583.6K – $778.2K
NOI $46,691 @ 7.0% cap · market cap 13.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
579
Businesses Nearby
Explore this area
Business Placement
Demographics for 19081, PA
10,803
Population
3,875
Households
2.8
Avg Household Size
37
Median Age
66%
College-Educated
99%
High-School Grad
2.2 sq mi
ZIP Area
4,910
Density / Sq Mi
$129,973
Median Household Income
$54,288
Median Earnings
$1,452
Median Rent
$333,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Three first-floor residences include private laundry and storage access reserved for the group.
Where is this multifamily property located?
The property is located at 801 YALE AVENUE Swarthmore, 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: Three renovated one‑bedroom condominiums offered together; Varied occupancy: short‑term rental reservations through May 2027, month‑to‑month tenancy, and one vacant unit; Private laundry and storage room reserved for the three residences
