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3-Unit Condominium Offering
For Sale
$349,900

801 YALE Avenue, Swarthmore, PA 19081

Multi-Family, SWARTHMORE, PA

Property Size2,200 SF
Price / SF$159.05
Days on Market65

Property Features for 801 YALE Avenue

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Parking features Parking Lot
Subdivision STRATH HAVEN
Elementary school SWARTHMORE-RUTLEDGE SCHOOL
Middle school STRATH HAVEN
High school STRATH HAVEN
Elementary school district WALLINGFORD-SWARTHMORE
Middle school district WALLINGFORD-SWARTHMORE
High school district WALLINGFORD-SWARTHMORE
Standard status Active
Size 2,200 SF

Taxes and HOA fees

Tax Annual Amount 10120

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

pool
library
laundry facilities
storage
community garden
herb garden
private laundry/storage room
deck
exterior stairs

Building Details

Year built 1969
Number of units 4
Building materials Brick
Architectural style Other
Listing Agency: Keller Williams Realty Devon-Wayne
Listed By: Brandie Elizabeth Keates · License #RS379088
Added: Aug 13 Changed: Oct 15 Last Checked: Oct 16 at 3:06PM
MLS# PADE2121782

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.

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Investment Insights

Based on property information with market context.

This offering combines three updated, first-floor one-bedroom condominiums totaling 2200 square feet at Strath Haven. A private laundry and storage room serves the three residences. Unit 102 has exterior stairs leading toward the parking area; Unit 101 includes a small deck and exterior stairs beside the community garden. The property was built in 1969 and has forced-air heating, central air, and parking lot access.

The current arrangements include one short-term rental with a reservation to be honored through May 2027, one month-to-month tenancy, and one residence prepaid through October 2027. Shared community features include a pool, library, laundry facilities, storage, landscaped grounds, and gathering spaces. The condominium community is in Swarthmore, near shops, dining, and train service.

Key Highlights

  • Three one‑bedroom condominiums offered together; total area is 2200 square feet
  • All three residences are on the first floor
  • One short‑term rental has a reservation through May 2027; another unit is rented month‑to‑month

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 (±1% cap)
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 (±1% cap)
NOI $46,691 @ 7.0% cap · market cap 13.34%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Blum and Simenhoff, LLP ... Law Firm Keystone Municipal Services ... Business Management Consultant Strath Haven Condominium Condominium Complex Martynowicz Ted E ... Physician Armour Technologies, Inc Consultant

Suggested Use

Top Pick Real Estate Agency Hair Salon Law Firm Nail Salon Spa & Massage Center Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

579
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Three first-floor residences have separate rental arrangements and access to a private laundry and storage room.
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 one‑bedroom condominiums offered together; total area is 2200 square feet; All three residences are on the first floor; One short‑term rental has a reservation through May 2027; another unit is rented month‑to‑month
More about this property
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