Tenant-Occupied Duplex with
For Sale
$320,000
Pending
808 Derwyn Road, Drexel Hill, PA 19026
Two two-bedroom residences are occupied, with a separately rented garage adding another income-producing component.
Property Size1,320 SF
Days on Market211
Property Features for 808 Derwyn Road
General Information
Standard status
Pending
Size
1,320 SF
Total Parking Spaces
2
Property subtype
Multi-Family / Fee Simple
Zoning
MULTI
Occupancy
100%
Units
Unit Mix
2 x 2BR
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$5,019
Amenities
No Pool
Above Grade, Below Grade
Building Details
Year Built
1941
Tenancy
Multi
Listing Agency:
Realty Mark Associates
(484) 484-0009
Listed By:
Gary Takhar · License #RS-0038803
(484) 484-0009
Source:
Compass
Added: Feb 1
Changed: Aug 31
Last Checked: Aug 31 at 12:45AM
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 Realty Mark Associates
Investment Insights
Based on property information with market context.
Located at 808 Derwyn Road in Drexel Hill, this duplex includes two two-bedroom residential units, both currently occupied. A garage is leased separately, providing an additional component to the property’s income configuration. The building dates to 1941 and carries MULTI zoning.
The property is in Upper Darby Township within the Upper Darby School District. Shopping, schools, and public transportation are nearby, with a bus stop less than 1 mile away. Showings are scheduled by appointment with at least 24-hour notice, and tenant privacy requires no trespassing or unannounced visits.
The property is in Upper Darby Township within the Upper Darby School District. Shopping, schools, and public transportation are nearby, with a bus stop less than 1 mile away. Showings are scheduled by appointment with at least 24-hour notice, and tenant privacy requires no trespassing or unannounced visits.
Key Highlights
- Duplex with two occupied two‑bedroom units
- Separately rented garage provides an additional income component
- MULTI zoning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,468
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.52%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$289,360
$289.4K
Cap Rate 7%
$206,686
$206.7K
Cap Rate 9%
$160,756
$160.8K
Market Conditions
NOI Build-Up for 1,320 SF
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.
Gross rent
$23.8K $18.00/SF
− Vacancy
−$3.1K −$2.34/SF
EGI
$20.7K $15.66/SF
− OpEx
−$6.2K −$4.70/SF
NOI
$14.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$289,360
Cap Rate 7%
$206,686
Cap Rate 9%
$160,756
Alternative Uses
Best Use
Multifamily LT 5
$206.7K
$180.9K – $241.1K
NOI $14,468 @ 7.0% cap · market cap 4.52%
Second Best
Apartment 5plus
$189.0K
$165.4K – $220.5K
NOI $13,232 @ 7.0% cap · market cap 4.14%
Theoretical Best
Office A
$400.2K
$350.2K – $466.9K
NOI $28,015 @ 7.0% cap · market cap 8.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
773
Businesses Nearby
Explore this area
Business Placement
Demographics for 19026, PA
32,021
Population
13,643
Households
2.3
Avg Household Size
39
Median Age
46%
College-Educated
94%
High-School Grad
3.6 sq mi
ZIP Area
8,895
Density / Sq Mi
$89,079
Median Household Income
$50,930
Median Earnings
$1,316
Median Rent
$243,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two two-bedroom residences are occupied, with a separately rented garage adding another income-producing component.
Where is this duplex located?
The property is located at 808 Derwyn Road Drexel Hill, PA.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Duplex with two occupied two‑bedroom units; Separately rented garage provides an additional income component; MULTI zoning
