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12-Unit Apartment Building
For Sale
$825,000

Apt-1 N 2nd St, Darby, PA 19023

The three-story masonry property combines studios and one-bedroom apartments, with off-street parking and public transit access.

Property SizeContact for details
Days on Market8

Property Features for Apt-1 N 2nd St

General Information

Standard status Active
Net Operating Income $51,669

Financials

Asking Price $825,000
Cap Rate 6.3%
Gross Income $111,000

Units

Unit Mix 6 x studio, 6 x 1BR
Multifamily Units 12

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $26,644

Building Details

Stories 3
Construction stone and masonry
Listing Agency: BHHS Fox & Roach-Jenkintown
Listed By: christian washington · License #RS347539
Source: Exprealty
Added: Sep 30 Changed: Oct 3 Last Checked: Oct 5 at 8:03PM

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 BHHS Fox & Roach-Jenkintown

Investment Insights

Based on property information with market context.

This three-story apartment property is built of stone and masonry and contains six studio units and six one-bedroom units. The apartments have been updated, and 11 of the 12 units are occupied. Residents pay their own electric costs; the landlord covers water service.

A dedicated off-street parking lot serves the building, which also offers access to public transportation.

Key Highlights

  • 12 apartments: six studios and six one‑bedroom units
  • 11 of 12 units occupied
  • Three‑story stone and masonry construction

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Cafe & Coffee Shop Skin Care Clinic Bakery

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

12
Residential units

Location Intelligence

Trade Area within ½ mile

878
Businesses Nearby

Demographics for 19023, PA

22,180
Population
9,089
Households
2.4
Avg Household Size
34
Median Age
17%
College-Educated
87%
High-School Grad
2.0 sq mi
ZIP Area
11,090
Density / Sq Mi
$48,962
Median Household Income
$37,110
Median Earnings
$1,240
Median Rent
$117,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - The three-story masonry property combines studios and one-bedroom apartments, with off-street parking and public transit access.
Where is this apartment building located?
The property is located at Apt-1 N 2nd St Darby, PA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 12 apartments: six studios and six one‑bedroom units; 11 of 12 units occupied; Three‑story stone and masonry construction
More about this property
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