Prime Investment Opportunity in Elkins Park! Discover this fully tenant-occupied duplex at 114 Cadwalader Ave, ideally situated in a highly desirable neighborhood known for its charm, convenience, and sought-after school district. With a 6.41% cap rate, this property offers strong, reliable cash flow from day one, perfect for both new and seasoned investors looking to add a stable asset to their portfolio.
The first and second floor unit features 3 spacious bedrooms, 1 full bathroom, and an additional private toilet room located near the laundry area behind the kitchen providing added convenience for tenants. The third-floor unit offers a comfortable and well-maintained 1-bedroom, 1-bath layout. The property is equipped with four mini-split systems for efficient heating and cooling throughout the home, enhancing tenant comfort and long-term appeal.
Located in the heart of Elkins Park, this duplex benefits from strong rental demand, proximity to public transit, parks, shops, and local amenities. Whether you’re expanding your investment footprint or searching for a turnkey, income-producing property in a premier location, 114 Cadwalader Ave is an opportunity you won’t want to miss.
Listed by Elizabeth Schroeder
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License #Rs348842
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Keller Williams Main Line
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2159170408
Last updated November 19, 2025
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Source: BrightMLS #PAMC2161782
Listing Facts
TypeMulti-family
NeighborhoodElkins Park
Days on Prevu1
Taxes$5,168/year
Size2,314 sqft
Price per sqft$194
Amenities
Parking
Location
Mortgage Calculator
Listing History
11/18/2025
Listed by Keller Williams Main Line
$450,000
Property Details for 114 Cadwalader Avenue
Exterior
Construction
New Construction: No
Number Of Units Total: 2
Year Built: 1890
Architectural Style: Traditional
Construction Materials: Asbestos
Features
Other Structures: Above Grade, Below Grade
Waterfront: No
Measurements
Lot Dimensions Source: Assessor
Lot Size Acres: 0.15
Lot Size Dimensions: 61
Lot Size Source: Assessor
Lot Size Square Feet: 6,655
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 6.41
Taxes
Tax Annual Amount: $5,168.00
Tax Year: 2025
Interior
Features
Fireplace: No
Measurements
Living Area: 2,314
Living Area Source: Assessor
Other
Location
Subdivision Name: ELKINS PARK
Tax Lot: 051
Parking
Parking
Garage: No
Utilities
Equipment
Heating: Radiator
Has Heating: Yes
Sewer: Public Sewer
Water Source: Public
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