Great investment opportunity in the heart of Wayne! This charming cape is only steps to multiple parks, close to Septa's Strafford station, the Radnor Trail, shops and restaurants. The current owner has meticulously maintained this turn-key duplex with a solid rental history. The main floor unit has two bedrooms and one bath. It features a wood-burning fireplace and front porch that rents for $1500/month. The upstairs unit rents for $1000/month. This unit has one bedroom and one bath. This unit has a family room, eat-in kitchen and a spacious balcony. Both units are on an annual lease up to March 2020. Each unit has its own washer and dryer. Tenants pay their own electric. The owner pays water, sewer and trash. With annual expenses of $2700, this investment property has a solid 6.4% cap rate. Both units are currently under market value for rents in this area. Not interested in being a landlord? This spacious house can be easily converted back to a single-family home that could support 4 bedrooms and 2 plus bathrooms. Run the comps for single-family homes and you will see that this is a solid investment. Either way, this property is sure to produce an attractive ROI.
Multi-familyProperty Type
1955Year Built
7,623 sq ftLot Size
$463Est. Price/Sq.Ft.
Listed by Mark Jermyn• Keller Williams Real Estate -Exton
•610-363-4300 (broker)
•klrw331@kw.com (broker)
Bought with Connor Eichman• Long & Foster Real Estate, Inc.
South Devon Home Needs Tlc. 1st Floor, 2 Bedrooms, 1 Bath, Eat In Kitchen, Living Room With Fireplace, Dining Room, Sun Porch, And Handicap Accessible. 2nd Floor- In Law Suite With 1 Bedroom, 1 Bath. Living Room, Dining Room With Deck, Kitchen. Great Location.
Year
Property tax
Land + Additions
Assessment*
2026
$9,486 (+10.1%)
$131,210 + $279,160
$410,370
2025
$8,614 (+3.8%)
$131,210 + $279,160
$410,370
2024
$8,297 (+4.1%)
$131,210 + $279,160
$410,370
2023
$7,968 (+1.1%)
$131,210 + $279,160
$410,370
2022
$7,881 (−37.7%)
$131,210 + $279,160
$410,370
2021
$12,659 (+128.4%)
$131,210 + $279,160
$410,370
2020
$5,544 (+2.9%)
$64,440 + $94,920
$159,360
2019
$5,387 (+2.0%)
$64,440 + $94,920
$159,360
2018
$5,282 (+2.1%)
2017
$5,171 (+4.5%)
2015
$4,950
2014
$4,950 (+0.1%)
2013
$4,944 (+3.5%)
2011
$4,775 (+4.1%)
2010
$4,589
Tax history for 291 S Devon Ave
Year
Property tax
Land + Additions
Assessment*
2026
$9,486 (+10.1%)
$131,210 + $279,160
$410,370
2025
$8,614 (+3.8%)
$131,210 + $279,160
$410,370
2024
$8,297 (+4.1%)
$131,210 + $279,160
$410,370
2023
$7,968 (+1.1%)
$131,210 + $279,160
$410,370
2022
$7,881 (−37.7%)
$131,210 + $279,160
$410,370
2021
$12,659 (+128.4%)
$131,210 + $279,160
$410,370
2020
$5,544 (+2.9%)
$64,440 + $94,920
$159,360
2019
$5,387 (+2.0%)
$64,440 + $94,920
$159,360
2018
$5,282 (+2.1%)
2017
$5,171 (+4.5%)
2015
$4,950
2014
$4,950 (+0.1%)
2013
$4,944 (+3.5%)
2011
$4,775 (+4.1%)
2010
$4,589
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
4
Baths
2
Stories
1
Lot width
66 ft.
Lot depth
160 ft.
Lot size
7,623 Sq. Ft.
Year renovated
—
Sq. Ft.
1,526
Year built
1955
Style
Single Family Residential
County
Delaware County
APN
36060344200
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 19, 2026.
Property details
Parking
Parking Information
Driveway, On Street
Interior
Interior Information
Living Area Sq.Ft. Source: Assessor
Fireplace Information
Has Fireplace
# of Fireplaces: 1
Basement Information
Basement: Yes
Full
Exterior
Property Information
Total Below Grade Sq. Ft.: 0
Improvement Assessed Value: $94,920
Insurance Expense: $1,300
Ownership Interest: Fee Simple
Year Built Source: Assessor
Building Information
# of Levels (Total): 2
# of Units (Total): 2
Construction Materials: Stucco
Other Structures: Above Grade, Below Grade
Roof: Shingle
Structure Type: Detached
Lot Information
Lot Size Dimensions: 66.00 x 160.00
Tidal Water: No
Land Information
Land Assessed Value: $64,440
Above Grade Information
Finished Sq.Ft.: 1,526
Finished Sq.Ft. Source: Assessor
Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor
Financial
Tax Information
City/Town Tax: $663
County Tax: $870
School Tax: $3,971
Tax Assessed Value: $159,360
Tax Year: 2019
Tax Annual Amount: $5,504
Assessments Information
Year Assessed: 2019
Lease Information
Existing Lease Type: Yearly
Rental Information
Total Actual Rent: $30,000
Utilities
Utilities Information
200+ Amp Service
Hot Water
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Trash Expense: $320
Above Ground, Cable TV Available
Water Average / Month: $90
Water Previous 12 Months: $1,080
Water Source: Public
Location
Multi Unit Information
# of Single Room Units: 1
# of One Bedroom Units: 1
# of Two Bedroom Units: 1
# of Units Leased: 2
Gross Income: $30,000
Net Operating Income: $27,300
School Information
Elementary School: WAYNE
Middle Or Junior School: RADNOR
High School: RADNOR
School District Name: RADNOR TOWNSHIP
Elementary School Source: 3rd Party
Middle School Source: 3rd Party
High School Source: 3rd Party
School District Source: 3rd Party
Location Information
Cross Street: Morris Circle
Directions: On the corner of the intersection of Morris Circle and South Devon Ave
Municipality: RADNOR TWP
Transportation: Commuter Rail Station less than 1 mile
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,526
Stories: 1.0
Lot Size: 7,623 square feet
Style: Single Family Residential
Year Built: 1955
Year Renovated: —
County: Delaware County
APN: 36060344200
Home facts updated by county records on Aug 19, 2026
Around this home
Schools
Wayne El School
Public K-5 • Assigned • 0.6mi
10/10
Radnor Middle School
Public 6-8 • Assigned • 0.7mi
9/10
Radnor Senior High School
Public 9-12 • Assigned • 2.2mi
10/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 100° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Wayne, PA • 19087
Average low and high temperatures (°F)
34
22
39
26
57
37
65
46
71
55
82
65
87
70
80
63
78
61
67
48
55
40
40
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 4.2 hours in December, placing it below the
U.S. average for solar exposure.
8.9 hrs
4.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$671,000 – $812,000
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