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Two-Unit Duplex Property
For Sale
$215,000
Pending

936 SIMPSON, Crum Lynne, PA 19022

Two residential units offer matching two-bedroom, one-bath layouts in a compact income-producing property.

Property Size1,562 SF
Days on Market56

Property Features for 936 SIMPSON

General Information

Standard status Pending
Size 1,562 SF
Property subtype Duplex

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Asking Price $215,000

Building Details

Year Built 1910
Listing Agency: Coventry Commercial Real Estate, LLC
Listed By: Jesse Vandeboe · License #RB068990
Source: Cummingsrealtors
Added: Aug 23 Changed: Oct 16 Last Checked: Oct 16 at 9:13AM

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 Coventry Commercial Real Estate, LLC

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Investment Insights

Based on property information with market context.

This duplex at 936 Simpson St in Crum Lynne contains two residential units, each configured with two bedrooms and one bathroom. The property totals 1,562 square feet and was built in 1910. One unit is occupied, while the second is vacant, providing a two-unit configuration with differing current occupancy statuses.

The property is projected at a 9.18% cap rate, with an operating expense ratio of approximately 30.8%. Both units share the same two-bedroom, one-bathroom layout, offering a consistent configuration across the building.

Key Highlights

  • Two‑unit duplex at 936 SIMPSON, CRUM LYNNE, PA 19022
  • Both units feature 2 bedrooms and 1 bath
  • 1,562 square feet of total property size

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,121
Cap Rate
7.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$342,420 $342.4K
Cap Rate 7%
$244,586 $244.6K
Cap Rate 9%
$190,233 $190.2K
Market Conditions
NOI Build-Up for 1,562 SF
Gross rent
$28.1K $18.00/SF
− Vacancy
−$3.7K −$2.34/SF
EGI
$24.5K $15.66/SF
− OpEx
−$7.3K −$4.70/SF
NOI
$17.1K $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%
$342,420
Cap Rate 7%
$244,586
Cap Rate 9%
$190,233

Alternative Uses

Best Use
Multifamily LT 5
$244.6K
$214.0K – $285.4K (±1% cap)
NOI $17,121 @ 7.0% cap · market cap 7.96%
Second Best
Apartment 5plus
$223.7K
$195.7K – $261.0K (±1% cap)
NOI $15,658 @ 7.0% cap · market cap 7.28%
Theoretical Best
Office A
$473.6K
$414.4K – $552.5K (±1% cap)
NOI $33,151 @ 7.0% cap · market cap 15.42%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Hair Salon Spa & Massage Center Nail Salon

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

556
Businesses Nearby

Demographics for 19022, PA

3,797
Population
1,796
Households
2.1
Avg Household Size
36
Median Age
15%
College-Educated
82%
High-School Grad
1.3 sq mi
ZIP Area
2,921
Density / Sq Mi
$45,372
Median Household Income
$45,185
Median Earnings
$1,112
Median Rent
$124,400
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?
Duplex - Two residential units offer matching two-bedroom, one-bath layouts in a compact income-producing property.
Where is this duplex located?
The property is located at 936 SIMPSON Crum Lynne, PA.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Two‑unit duplex at 936 SIMPSON, CRUM LYNNE, PA 19022; Both units feature 2 bedrooms and 1 bath; 1,562 square feet of total property size
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