Two-Unit
For Sale
Under Contract
$245,000
816 GREENHILL Road, Sharon Hill, PA 19079
Multi-Family, SHARON HILL, PA
Property Size1,680 SF
Lot Size0.18 Acres
Price / SF$145.83
Days on Market79
Property Features for 816 GREENHILL Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking
2
Parking features
Off Street
Subdivision
SHARON HILL
Elementary school district
SOUTHEAST DELCO
Middle school district
SOUTHEAST DELCO
High school district
SOUTHEAST DELCO
Standard status
Active Under Contract
Size
1,680 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Annual Amount
5494
Utilities
Heating system
Hot Water(Heating)
Building Details
Year built
1940
Number of units
2
Building materials
Vinyl Siding, Aluminum Siding
Architectural style
Other
Listing Agency:
OCF Realty LLC - Philadelphia
(215) 735-7368
Listed By:
Darwin Laureano · License #RS356195
(610) 973-9441
Added: Aug 6
Changed: Oct 21
Last Checked: Oct 23 at 5:06PM
MLS# PADE2121200
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.
Built in 1940, this duplex contains two 2-bedroom units, both currently vacant. The property includes a basement with access from the first floor, off-street parking, and vinyl and aluminum siding. Hot water provides the heating system.
The parcel measures 0.18 acres and has off-street parking for 2+ vehicles. The seller previously explored subdivision with the township; any subdivision or zoning questions require buyer due diligence.
The parcel measures 0.18 acres and has off-street parking for 2+ vehicles. The seller previously explored subdivision with the township; any subdivision or zoning questions require buyer due diligence.
Key Highlights
- Two 2‑bedroom units; both are vacant
- 0.18‑acre parcel
- Off‑street parking for 2+ vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,414
Cap Rate
7.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$368,280
$368.3K
Cap Rate 7%
$263,057
$263.1K
Cap Rate 9%
$204,600
$204.6K
Market Conditions
NOI Build-Up for 1,680 SF
Gross rent
$30.2K $18.00/SF
− Vacancy
−$3.9K −$2.34/SF
EGI
$26.3K $15.66/SF
− OpEx
−$7.9K −$4.70/SF
NOI
$18.4K $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%
$368,280
Cap Rate 7%
$263,057
Cap Rate 9%
$204,600
Alternative Uses
Best Use
Multifamily LT 5
$263.1K
$230.2K – $306.9K
NOI $18,414 @ 7.0% cap · market cap 7.52%
Second Best
Apartment 5plus
$240.6K
$210.5K – $280.7K
NOI $16,841 @ 7.0% cap · market cap 6.87%
Theoretical Best
Office A
$509.4K
$445.7K – $594.3K
NOI $35,655 @ 7.0% cap · market cap 14.55%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
759
Businesses Nearby
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Business Placement
Demographics for 19079, PA
9,371
Population
3,577
Households
2.6
Avg Household Size
37
Median Age
24%
College-Educated
93%
High-School Grad
1.6 sq mi
ZIP Area
5,857
Density / Sq Mi
$57,002
Median Household Income
$39,926
Median Earnings
$1,212
Median Rent
$159,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are vacant, with a basement accessible from the first floor.
Where is this duplex located?
The property is located at 816 GREENHILL Road Sharon Hill, PA.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Two 2‑bedroom units; both are vacant; 0.18‑acre parcel; Off‑street parking for 2+ vehicles
