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1231 Drexel Ave, 
Drexel Hill, PA 19026

$920,000


8

Beds


Bath


5,189

Sq Ft


Multi-Family

Pending

Last updated:

July 26, 2026, 08:30 AM

MLS#

PADE2117074

Source:

BRIGHTMLS

Company Logo

About This Home

1231 Drexel Ave

Investor Alert! Exceptional income-producing mixed-use opportunity in desirable Drexel Hill. 1231-33 Drexel Ave features four residential apartments and a commercial dental office, providing multiple streams of rental income. The property currently generates approximately $114,312 in annual gross income, with scheduled rent increases projected to increase annual gross income to approximately $118,577 beginning July 2026. The property currently produces an estimated Net Operating Income (NOI) of approximately $65,429, with the projected rent increases increasing NOI to approximately $69,694 annually. Each residential unit is well maintained and offers a spacious living room, dining room, kitchen, two bedrooms, and a full bathroom with a tub/shower combination. The dental office is occupied by an established commercial tenant, providing stable income alongside the residential units. The property also features a large rear parking lot with ample off-street parking for residents, patients, and staff. Conveniently located near shopping, restaurants, public transportation, and major roadways, this property offers investors a rare opportunity to acquire a stable, income-producing asset in a well-established Delaware County location. With strong in-place cash flow and built-in upside through scheduled rent increases, this is an ideal addition to an investment portfolio. Property is being sold As-Is. Financial information, leases, and expense documentation are available to qualified buyers. Buyer is responsible for independently verifying all income, expenses, leases, zoning, and intended property use. Don’t miss this outstanding investment opportunity!

Home Facts

Multi-Family

8 Bedrooms

Built in 1950

Price Summary

920,000

$177 per Sq. Ft.

MLS #:

PADE2117074

Last Updated:

July 26, 2026, 08:30 AM

Added:

1 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

8


Structure

Structure

Architectural Style:

Colonial

Building Area:

5,189 Sq. Ft.

Year Built:

1950


Lot

Lot Size (Sq. Ft):

12,196


Finances & Disclosures

Finances

Price:

$920,000

Price per Sq. Ft:

$177 per Sq. Ft.

1231 Drexel Ave
Source:BRIGHTMLS
The information being provided by Bright Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Bright Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.