$585,000
SOLD MAY 1, 2026

805 State Rd Croydon, PA 19021

Studio
-- Bath
2,800 Sq Ft
1917 Built

Sale Details

Date Sold: May 1, 2026

$209 Per Sq Ft

2% Below List Price

6 Days on Market

Highlights

  • A-Frame Home
  • Window Unit Cooling System
  • Electric Baseboard Heater

About This Home

As of May 2026

Showings This Wednesday 3/4 from 4pm-6pm - offers are in !!!!! Rare opportunity to acquire a fully occupied, income-producing quadplex in the heart of Croydon. 803–805 State Road consists of 4 well-maintained 1-bedroom, 1-bathroom units, each currently leased on a flexible month-to-month basis, offering immediate cash flow with the option for future rent optimization. This turnkey investment generates $48,600 in annual rental income with tenants paying all utilities, significantly minimizing owner expenses and maximizing net returns. With a strong 6% cap rate and long-term tenants in place who would love to stay, this property offers both stability and upside potential for the savvy investor. The building offers on-site parking and is ideally positioned near major transportation routes, providing convenient access to Interstate 95, Route 13, the Pennsylvania Turnpike, and regional rail service—making it highly desirable for commuters. Located within desirable Bucks County, the property benefits from consistent rental demand, strong market fundamentals, and proximity to shopping, dining, and so much more. Whether you're looking to expand your portfolio or secure a reliable, low-maintenance income property, this quadplex presents an exceptional opportunity with immediate returns and long-term growth potential.

Last Agent to Sell the Property

Anthony DiCicco

(215) 860-4200 klrw983@kw.com Keller Williams Real Estate - Newtown Brokerage Phone: 2158604200 License #2567598 Listed on: 02/28/2026

Keller Williams Real Estate - Newtown

Last Buyer's Agent

Alan Asriants

(215) 354-0100 aalan@newcenturyre.com New Century Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,579

Year Built

  • Built in 1917

Home Design

  • Quadruplex
  • A-Frame Home
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 2,800 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Lot

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 107
  • Assessor Parcel Number 05-011-107

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,579

Year Built

Built in 1917

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: A-Frame
  • Ownership: Fee Simple
  • Exclusions: All tenants personal property.
  • Inclusions: All appliances in as-is condition with no monetary value. If not owned by Current Tenant
  • New Construction: No
  • Expected On Market: 2/28/2026 12:00:00 AM
  • Year Built: 1917
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2800
  • Living Area Sq Ft: 2800
  • Price Per Sq Ft: 214.25
  • Above Grade Finished Sq Ft: 2800
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Units: Square Feet
  • Zoning: C

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 4
  • Rent Control: No
  • Total Actual Rent: 48600.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • School Tax: 3698.00
  • Tax Annual Amount: 4579.00
  • Assessor Parcel Number: 05-011-107
  • Tax Lot: 107
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Other Units: Unit 1,Unit 1

MLS Schools

  • School District Name: BRISTOL TOWNSHIP
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/01/2026 05/01/26 Sold $585,000 -2.5% $209 / Sq Ft
02/28/2026 02/28/26 For Sale $599,900 -- $214 / Sq Ft
Source: Bright MLS

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU2114752

Bright MLS
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