Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    228-230 Church St Phoenixville, PA 19460

    View on Map
    Sponsored
    For Sale
    Under Contract
    $650,000

    MULTI_FAMILY - PHOENIXVILLE, PA

    Property size:
    4,000 SF
    Lot size:
    0.09 Acres
    Days on Market:
    5
    Last Refresh:
    Mar 28 at 12:06 am

    Property Features for 228-230 Church St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Rooms
    Basement
    Parking features
    On Street
    Size
    4,000 SF
    Lot size
    0.09 Acres

    Utilities

    Heating system
    Hot Water(Heating)
    Cooling system
    Central Air, Window Unit(s)

    Building Details

    Year built
    1900
    Number of units
    4
    Building materials
    Brick, Block

    We can help!

    Listing Contact
    Thomas Higgins

    Keller Williams Real Estate- Blue Bell

    Listing agent Thomas Higgins License #RS176625L

    Listing date Mar 24, 2026

    MLS# PACT2106556

    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.

    Learn more

    Property Insight Report

    Overview

    Phoenixville Quadruplex: Income-Producing Investment

    This income-producing four-unit quadruplex is located in Phoenixville Borough. It features two expansive four-bedroom, two-level units, one mixed-use three-bedroom unit on the main level, and one rear garden-style efficiency apartment. Unit #1 features a large living area, kitchen, four bedrooms, two baths (one full bath plus a first-floor powder room), and in-unit laundry. Unit #2 includes a living area, kitchen, four bedrooms, and two full baths (one on each level), and in-unit laundry, each with a secured fenced yard. Unit 3 is a versatile main-level three-bedroom unit with a full bath and kitchen (with laundry), zoned for commercial use. Unit 4 is a private rear garden-flat efficiency with central air and electric cooking. The property is in an outstanding location within walking distance of Phoenixville's vibrant restaurants, breweries, shops, and cultural events, with easy access to Valley Forge National Park, King of Prussia Mall, and major commuter routes. Each unit is separately metered. The heat source is primarily gas radiators with supplemental electric baseboard heat. The property offers an excellent opportunity for investors to add a solid income-producing property in one of Chester County's most desirable rental markets. The property size is 4000 square feet and the lot size is 0.09 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phoenixville
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.51701
    Latitude
    40.1325

    Nearby Similar for Sale

    • $610,000

      Class A Office Space

      Prime Phoenixville/Valley Forge location, ideal for medical or executive use.
      1288 Valley Forge Rd, Phoenixville, PA 19460
      View Details
    • $305,000

      Turnkey Office Condo in Phoenixville

      Move-in ready, furnished office condo with scenic views and ample parking.
      1288 Valley Forge Rd, Phoenixville, PA 19460
      View Details
    • $1,200,000

      Restaurant Property in Phoenixville, PA

      Commercial property with successful restaurant tenant in Phoenixville, PA.
      95 Nutt Rd, Phoenixville, PA 19460
      View Details
    • New
      $1,249,900
      6,280 SF

      Turnkey Mont Clare Investment Opportunity

      Renovated 6-unit multi-family property in desirable Montgomery County location.
      146 Walnut St, Mont Clare, PA 19453
      View Details
    • $289,000

      Commercial Corner Lot For Sale

      Corner lot suitable for retail, office, or auto shop.
      418 W Pothouse Rd, Phoenixville, PA 19460
      View Details
    • $2,975,000

      Phoenixville Warehouse with Loading Docks

      99,946 SF warehouse with loading docks and drive-in doors.
      400 Taylor St, Phoenixville, PA 19460
      View Details
    • $400,000
      Pending

      Phoenixville Parcel with Parking Garage

      Parcel with parking and garage, to be sold with adjacent.
      530 Taylor St, Phoenixville, PA 19460
      View Details
    • $599,900
      2,528 SF

      Phoenixville Retail Property - High Growth Area

      Established Restaurant w/High Traffic Location
      623 Schuylkill Rd, Phoenixville, PA 19460
      View Details
    • $1,349,000
      7,429 SF

      Phoenixville Retail Space - Turnkey Restaurant

      Thriving Restaurant, Prime Location, High Income Area.
      498 Nutt Rd, Phoenixville, PA 19460
      View Details
    • Contact for pricing
      1,528 SF

      Restaurant Space with High Visibility

      Second generation restaurant space available for rent.
      240 Nutt Rd, Phoenixville, PA 19460
      View Details
    • $250,000
      2,400 SF

      Phoenixville Office Space - 2400 sq ft

      Prime Office Space, Abundant Storage, Great Location
      1288 Valley Forge Rd, Phoenixville, PA 19460
      View Details
    • Contact for pricing

      Phoenixville Educational/Institutional Opportunity

      Property suitable for educational, religious, or philanthropic uses.
      Phoenixville, PA 19460
      View Details

    FAQs

    What type of property is this?
    Quadplex - Income-producing four-unit property in Phoenixville Borough, walking distance to amenities.
    Where is this quadplex located?
    The property is located at 228-230 Church St Phoenixville, PA.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Income-producing 4-unit quadruplex generating $6,000/month.; - Prime location within walking distance to Phoenixville's amenities.; - Two large 4-bedroom units with in-unit laundry and fenced yards.
    (215) 275-0591
    Request Owner's contact information
    228-230 Church St Phoenixville, PA 19460
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    228-230 Church St
    Phoenixville, PA 19460
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    228-230 Church St Phoenixville, PA 19460
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Thomas Higgins
    Real Estate License ID: RS176625L
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!