Victorian Duplex in Chalfont
152 N MAIN Street Chalfont, PA 18914
For Sale
$580,000
MULTI_FAMILY - Victorian - CHALFONT, PA
Property Size2,093 SF
Lot Size0.24 Acres
Price / SF$277.11
Days on Market127
Property Features for 152 N MAIN Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Parking Lot
- Fireplace
- 1
- Standard status
- Active
- Size
- 2,093 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3295
Utilities
- Heating system
- Hot Water(Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1920
- Number of units
- 2
- Building materials
- Frame
- Architectural style
- Victorian
Listing Agency:
Iron Valley Real Estate Doylestown
(267) 703-5050
Listed By:
Jonathan Baker · License #RS325612
(215) 290-9230
Added: Mar 19
Changed: Jun 9
Last Checked: Jul 23 at 3:06PM
MLS# PABU2116248
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.
Located in the heart of Chalfont Borough, this fully rented duplex at 152/154 N. Main Street presents a prime investment opportunity. The property is within walking distance of the train station, post office, restaurants, and local amenities, making it an ideal location for long-term tenant demand. The property has been consistently operated as a rental and features long-term tenants in both units, providing immediate income potential. The first-floor unit offers two spacious bedrooms, one full bathroom, an eat-in kitchen, living room, basement access with laundry, and a private rear paver patio. The second-floor unit includes a large primary bedroom, a well-sized second bedroom with in-unit laundry, one full bathroom, kitchen, living room, and an additional upper level with two large bonus rooms. The layout adds flexibility for increased rental value or alternative use. The property is situated on a 0.2399-acre lot. The building size is 2093 square feet. Tenants may be willing to remain, allowing a new owner to step into an established income-producing property. Per existing leases, 30 days' notice is required to vacate, offering flexibility for future repositioning or owner occupancy. This property presents multiple exit strategies: continue as a buy-and-hold rental, increase rents over time, or occupy one unit while generating income from the other. The strong location, proven rental history, and versatile layout make this a compelling addition to any investment portfolio.
Key Highlights
- Fully rented duplex in a prime location, walk to train, post office, restaurants, and local amenities.
- Immediate income potential with long‑term tenants.
- Versatile layout with potential for increased rental value with bonus rooms in the second‑floor unit.
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 | $48.7k | $23.28 |
| − Vacancy | −$1.6k | −$0.77 |
| EGI | $47.1k | $22.51 |
| − OpEx | −$21.2k | −$10.13 |
| NOI | $25.9k | $12.38 |
2,093 SF · lease $23.28/SF/yr · vacancy 3.30% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$370.2K
$323.9K – $431.9K
NOI $25,914 @ 7.0% cap · market cap 4.47%
Second Best
Multifamily LT 5
$354.8K
$310.4K – $413.9K
NOI $24,834 @ 7.0% cap · market cap 4.28%
Theoretical Best
Office A
$634.6K
$555.3K – $740.3K
NOI $44,420 @ 7.0% cap · market cap 7.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Sunny Day Smoothie ...
Take-out & Catering
hem
Restaurant
FAQs
What type of property is this?
Duplex - Fully rented duplex near train station and local amenities.
Where is this duplex located?
The property is located at 152 N MAIN Street Chalfont, PA.
What is the asking price?
The asking price for this property is $580,000.
What are key features of this property?
This property features: Fully rented duplex in a prime location, walk to train, post office, restaurants, and local amenities.; Immediate income potential with long‑term tenants.; Versatile layout with potential for increased rental value with bonus rooms in the second‑floor unit.