Triplex with Detached
For Sale
Under Contract
$699,900
139 W ASHLAND Street, Doylestown, PA 18901
MULTI_FAMILY - Victorian - DOYLESTOWN, PA
Property Size2,207 SF
Lot Size0.19 Acres
Price / SF$317.13
Days on Market47
Property Features for 139 W ASHLAND Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking
2
Parking features
Garage - Detached
Elementary school district
CENTRAL BUCKS
Middle school district
CENTRAL BUCKS
High school district
CENTRAL BUCKS
Standard status
Active Under Contract
Size
2,207 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Annual Amount
5861
Utilities
Heating system
Hot Water(Heating), Baseboard
Cooling system
Window Unit(s)
Building Details
Year built
1890
Number of units
3
Building materials
Frame
Architectural style
Victorian
Listing Agency:
Class-Harlan Real Estate, LLC
(215) 348-8111
Listed By:
Clinton Polchan · License #RS308468
(215) 519-7725
Added: Jun 20
Changed: Jul 9
Last Checked: Aug 5 at 11:06AM
MLS# PABU2124188
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This triplex is configured as three separate one-bedroom, one-bath units, providing self-contained living spaces within a single residential property. The home also includes a full basement that can serve as storage and additional utility space for the residents. For off-street parking, there is a detached two-car garage associated with the property.
The address is in Doylestown Borough and is described as being within walking distance to the Borough’s restaurants, boutiques, parks, and train station. The overall setting supports an easy-access, lifestyle-oriented tenant experience tied to the downtown conveniences.
With three well-defined units, the property can fit both rental-focused buyers and owner-occupants looking to offset housing costs with additional income from the other residences. Each unit is presented as having comfortable living spaces and abundant natural light, which can be an attractive baseline for prospective tenants. The inclusion of basement space for storage and the detached garage for parking add day-to-day utility value that supports either an investor’s operating plan or a more hands-on occupancy approach.
The address is in Doylestown Borough and is described as being within walking distance to the Borough’s restaurants, boutiques, parks, and train station. The overall setting supports an easy-access, lifestyle-oriented tenant experience tied to the downtown conveniences.
With three well-defined units, the property can fit both rental-focused buyers and owner-occupants looking to offset housing costs with additional income from the other residences. Each unit is presented as having comfortable living spaces and abundant natural light, which can be an attractive baseline for prospective tenants. The inclusion of basement space for storage and the detached garage for parking add day-to-day utility value that supports either an investor’s operating plan or a more hands-on occupancy approach.
Key Highlights
- Victorian triplex built in 1890 with frame construction
- Three 1‑bedroom, 1‑bath units
- Full basement for storage and additional utility space
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.4k | $23.28 |
| − Vacancy | −$1.7k | −$0.77 |
| EGI | $49.7k | $22.51 |
| − OpEx | −$22.4k | −$10.13 |
| NOI | $27.3k | $12.38 |
2,207 SF · lease $23.28/SF/yr · vacancy 3.30% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$390.4K
$341.6K – $455.4K
NOI $27,326 @ 7.0% cap · market cap 3.90%
Second Best
Multifamily LT 5
$374.1K
$327.3K – $436.4K
NOI $26,186 @ 7.0% cap · market cap 3.74%
Theoretical Best
Office A
$669.1K
$585.5K – $780.7K
NOI $46,840 @ 7.0% cap · market cap 6.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,740
Businesses Nearby
Explore this area
Business Placement
Demographics for 18901, PA
28,395
Population
11,431
Households
2.5
Avg Household Size
47
Median Age
58%
College-Educated
98%
High-School Grad
21.0 sq mi
ZIP Area
1,352
Density / Sq Mi
$115,425
Median Household Income
$54,548
Median Earnings
$1,890
Median Rent
$544,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three one-bedroom, one-bath units with a full basement and detached two-car garage, supporting owner-occupant or rental use.
Where is this triplex located?
The property is located at 139 W ASHLAND Street Doylestown, PA.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Victorian triplex built in 1890 with frame construction; Three 1‑bedroom, 1‑bath units; Full basement for storage and additional utility space
