Fantastic income-producing opportunity at 7201 Wayne Ave in Upper Darby! This large detached multi-family property is situated on a corner lot and is currently generating $4,400 per month in rental income, with all occupants on month-to-month agreements and tenants paying their own utilities. The property is currently a legally approved duplex, with the process underway to legalize the finished lower level as a third unit. The first-floor unit rents for $1,550/month, and the second-floor unit rents for $1,550/month. Each upper unit offers approximately 1,500 square feet of living space with 2 spacious bedrooms, a full bathroom, large living room, formal dining room, kitchen, and a bonus den currently being used as an additional bedroom. The kitchens and bathrooms are older but well maintained and in good condition. The finished lower level, currently rented for $1,300/month, features 2 bedrooms, a full bathroom, kitchen, separate entrance, and separate utilities. The property has separate utility metering, and tenants pay all utilities, helping make this an attractive income-producing investment. Recent improvements include replacement water heaters and fresh interior paint. Outside, you'll find a large backyard, attractive front yard, 2-car garage, and driveway, with parking areas shared by the occupants. The location adds even more value—just a block from Upper Darby Township's main public library and public transportation, within walking distance of middle and high schools, with an elementary school bus stop conveniently located in front of the property. Shopping, grocery stores, restaurants, and other everyday conveniences are nearby. Approximately 5 miles from Center City Philadelphia and less than 4 miles from the University of Pennsylvania, Drexel University, and major University City hospitals. Whether you're looking to expand your investment portfolio or purchase a multi-family property with strong existing income and additional future potential, 7201 Wayne Ave deserves your attention. Schedule your showing today!
Single-familyProperty Type
1920Year Built
6,970 sq ftLot Size
$114Price/Sq.Ft.
2 garage spacesParking
Listed by Mohammed Ullah• BHHS Fox&Roach-Newtown Square
•610-353-6200 (broker)
Listed by Mohammad Islam• BHHS Fox&Roach-Newtown Square
Upper Darby, located between Cobbs Creek Park and Springfield Road, is a streetcar-suburb and commercial-corridor Drexel Hill neighborhood with a classic rowhouse fabric and a transit-linked main street. The neighborhood’s character concentrates around the 69th Street Transportation Center and Market Street, where storefront groceries, bakeries, and small restaurants keep the sidewalks in motion. Brick twins and porch-front rows line the blocks, with pocket parks and schoolyards breaking up the grid. Tower Theater anchors the cultural calendar with concerts and touring acts. H-Mart Upper Darby and the Upper Darby Performing Arts Center add everyday ritual and stage lights to the mix.
Provided by Walk Score and Local Logic
Market insights
$475,000
SALE-TO-LIST
100.9%
Most homes are selling 1% above list price.
LIST PRICE
$475,000
Median sale price in this area is $474,020. (0% lower than this home)
PRICE DROP
0 price drops
21% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
One fireplace
Fully finished basement
Bedrooms
8 bedrooms: 3 on the main level, 3 on the upper level, and 2 on the lower level
Bathrooms
3 full bathrooms: 1 on the main level, 1 on the upper level, and 1 on the lower level
Heating & cooling
Hot water heating with natural gas
Wall and window unit cooling
Exterior features
Two or more access exits
Home design
Detached structure
Parking
Front-entry garage with 2 spaces
Driveway with 2 spaces
Construction
Stucco construction
Stone foundation
Major renovation or remodel in 2025
Utilities
Public water
Public sewer
Natural gas hot water
Electricity and solar
View estimated energy costs and solar savings for this home