101 Lansdowne Ct · Lansdowne, PA 19050

$349,900

15 bd · None ba · 2,813 sqft · MultiFamily · 7 Days on market

Built 1920 Good condition 0.29 ac lot

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +26.8/30.0
• DSCR +9.2/10.0
• ARV discount +7.5/15.0
• 1% rule +7.2/10.0
• Rent growth +4.7/5.0
• Livability +4.2/5.0
• Condition / age +4.0/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 3 units. confirmed

Listing remarks

This Beautifully maintained and renovated triplex is move-in ready and is an exceptional opportunity for both owner-occupants (have 2 units help pay portion of the mortgage) and investors. It is situated in a quiet neighborhood with on-street parking plus has a 2-car carport situated at the rear of the property providing another revenue-generating opportunity and a small side and rear yard. The 1st floor unit has private access from the front porch or can be entered at the shared entrance at the side of the building. Enjoy morning coffee or relax in the evening on the inviting front porch of the first-floor unit. This unit has 2-bedrooms, LivingRoom/DiningRoom area, eat-in kitchen, and tile

Key facts

• 2 car carport
• Rear yard
• Front porch

Tags

• 2 CAR CARPORT
• PRIVATE ACCESS
• FRONT PORCH
• REAR YARD
• LIGHTED CEILING FANS
• TILED BATH

Property features AI

Exterior

• Parking: Detached carport with 2 spaces; On-street parking; Total of 2 garage/parking spaces
• Utilities: Public water; Public sewer; No municipal trash service
• Home design: Detached multi-unit building (3 total units); Property in very good condition; Fee simple ownership
• Construction: Combination of frame and masonry construction; Stone foundation; Above-grade and below-grade structures
• Exterior features: Fire escape; Sidewalks

Interior

• Kitchen: Electric oven/range; Refrigerator; Kitchen pantry
• Bedrooms: One 1-bedroom unit; Two 2-bedroom units
• Flooring: Hardwood; Laminate plank; Tile/brick
• Bathrooms: Bathrooms include stall showers and tub/shower combinations
• Heating & cooling: Hot water heating with radiators; Natural gas heating and hot water; Window air conditioning units (electric)
• Interior features: Stall shower and tub/shower combination; Built-in storage; Ceiling fans; Combination dining/living area; Dining area; Window treatments; Pantry; Kitchen with eat-in and table space, efficiency layout
• Laundry & utility: Electric dryer; Washer

What this means for you Summary

Snapshot

• This is a 3 × 2-bed/1-bath units multifamily listed at $350k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $958 ($12k/yr) — positive. Per door: $319/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $350k).
• Cap rate 9.6% vs local median 4.2% in Lansdowne — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 83/100 on livability (#128 in PA, #1,005 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+.
• William Penn SD (suburban): math 11% / reading 28% proficiency, ranked #491 of 539 in PA (top 91%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 69% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+8.9%/yr); 96 active listings in the ZIP; 299 units permitted in Delaware County in 2024 (5 in 5+ unit buildings).
• At $4,274/mo this rent would consume 84% of the median local household income ($61k/yr) (locally 1738% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $98k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $349,900

Questions for the listing agent

1. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
2. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
3. Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.22% ✓
• Cap rate: 9.58%
• Cash-on-cash: 11.74%
• DSCR: 1.52
• GRM: 6.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 6.7%
• Equity multiple: 1.28×
• Total profit: $26,992
• Equity at exit: $52,171

10-year hold

• IRR: 20.1%
• Equity multiple: 3.09×
• Total profit: $205,168
• Equity at exit: $30,253

Cash invested: $97,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Pennsylvania: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

10-day notice; Philadelphia has eviction-court diversion + some protections; otherwise moderate.

Methodology + full state rankings →

ZIP-level market 19050

• Rents YoY: 8.9%
• Active inventory: 96
• Price-to-rent: 20.5×

Monthly cashflow live

• Estimated rent: $4,274 high
• Mortgage (P&I): −$1,835
• Tax est. 1.5%: −$437 /mo · $5,248/yr
• Insurance: −$146
• HOA: −$0
• Vacancy / Maint / Mgmt: −$898
• Net cashflow: $958

Break-even live

Break-even rent $3,061

Max offer price $349,900

Occupancy floor 73%

Sensitivity live

Price	-10% $1,200	-5% $1,079	+0% $958	+5% $837	+10% $717
Rent	-10% $621	-5% $790	+0% $958	+5% $1,127	+10% $1,296
Rate	-1.0pp $1,135	-0.5pp $1,047	base $958	+0.5pp $868	+1.0pp $775

3-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 3× units	2	1	$4,275
Total (3 units)			$4,274

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $87,475
• Closing costs: $10,497
• Reserves months: —
• Total cash needed: —

Listing history 3 events

1. 2026-05-07
   status Pending
2. 2026-04-23
   historical Active Under Contract
3. 2026-04-16
   listed $349,900 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥103°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 3 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $51,288
• − Mortgage interest: −$19,600
• − Property taxes: −$5,248
• − Insurance: −$1,750
• − Repairs & maintenance: −$4,103
• − Management: −$4,103
• − Depreciation: −$10,179
• Taxable income: $6,305
• Est. tax owed @ 24.0%: −$1,513
• After-tax cash flow: $9,987/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 12 photos

Good 80/100 Cosmetic rehab

This move-in ready triplex is in good condition with cosmetic updates needed to modernize the kitchen and bathrooms. The property is situated in a quiet neighborhood with on-street parking and a 2-car carport, making it an excellent opportunity for both owner-occupants and investors.

Repairs flagged

• Major Kitchen appliances — Older and outdated
• Major Bathroom fixtures — Older and outdated

Value-add opportunities

• Both Replace kitchen appliances — Modern appliances will attract more buyers and renters
• Both Upgrade bathroom fixtures — Modern fixtures will attract more buyers and renters
• Both Paint exterior trim — Fresh paint will improve curb appeal and attract more buyers and renters

Renovation cost estimate screening

Repair item	Severity	Est. cost
Kitchen appliances · Older and outdated	Major	$15,000–50,000
Bathroom fixtures · Older and outdated	Major	$15,000–50,000
Total estimated repair cost · 2 items		$30,000–100,000

Value-add ROI direction

• Both Replace kitchen appliances — Modern appliances will attract more buyers and renters ↑
• Both Upgrade bathroom fixtures — Modern fixtures will attract more buyers and renters ↑
• Both Paint exterior trim — Fresh paint will improve curb appeal and attract more buyers and renters ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: William Penn SD
• NCES district ID: 4226390
• Math proficiency: 11% ▼ -3.00%
• Reading proficiency: 28% ▼ -7.00%
• Median HH income: $48,543
• Composite: 17.29/100
• National rank: #9086
• State rank: #491 of 539 in PA

Livability — Lansdowne

• Score: 83/100
• State rank: #128
• US rank: #1005

Category grades

Amenities C Commute A+ Cost of living A+ Crime A- Employment B Housing A+ Health & safety A- User ratings D

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lansdowne, PA
• County: Delaware County · 399,863 people
• City population: 29,373
• Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
• Population (ZIP): 29,373
• Household income: $60,859
• Rent vs Own: 41.5% rent · 58.5% own
• Severe rent burden: 1738.0

Population outlook (Delaware County) Hauer SSP2

• Today (2025): 577,490 people
• By 2030: 581,243 · +0.6%
• By 2040: 584,700 · +1.2%
• By 2050: 586,581 · +1.6%
• By 2075: 598,706 · +3.7%
• By 2100: 590,823 · +2.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (67%)
• Race & ethnicity: Black 67% White 22% Two or more races 5% Hispanic / Latino 5% Asian 2%
• Common ancestry: Swiss 4% Hispanic 3% Lithuanian 1%
• Foreign-born: 17% · Canada, United Kingdom, Vietnam
• Languages at home: 84% English-only · French/Haitian/Cajun 5% Spanish 3% Other Indo-European 1%

Political lean MEDSL · Delaware

• 2024 margin: Strong D (+23.7) · D 61.4% · R 37.6% · Other 1.0%
• 2008→2024 swing: +2.3pp toward D · 2008: 21.4pp · 2024: 23.7pp
• All cycles: 2024: D+23.7 2020: D+26.7 2016: D+22.0 2012: D+21.8 2008: D+21.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -202.83%
• Current HPI: 287.6419
• Rent YoY: ▲ 8.87%
• Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
• State GDP YoY: ▲ 1.68%
• F500 in state: 34

Industry mix (Fortune 500 HQ in PA)

Industry	F500 HQs	Revenue
▸Healthcare	2	$309B
▸Insurance	2	$27B
▸Telecommunications / Media	1	$124B
▸Industrial Distribution	1	$22B
▸Financial Services	1	$20B
▸Chemicals / Materials	1	$18B

Price history

3 events — show timeline

• 2026-05-07 Pending — BRIGHT MLS
• 2026-04-23 Contingent — BRIGHT MLS
• 2026-04-16 Listed $349,900 BRIGHT MLS