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Income-Producing Duplex with Two Garages
For Sale
$585,000
Pending

311 Jefferson Street, Plymouth Meeting, PA 19462

MULTI_FAMILY - Plymouth Meeting, PA

Property Size2,295 SF
Lot Size0.15 Acres
Days on Market95

Property Features for 311 Jefferson Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Residential
Bedrooms 5
Full bathrooms 3
Rooms Bedroom 2, Bathroom 3, Basement, Bedroom 5, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 3, Bathroom 1
Patio and Porch features Porch
Interior features Eat-in Kitchen
Basement Unfinished
Appliances Electric Oven, Refrigerator
Subdivision Montgomery Township
Standard status Pending
APN 49-00-05557-001
Size 2,295 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Annual Amount 4951

Utilities

Sewer type Public Sewer
Cooling system Ceiling Fan(s)
Water source Public

Amenities

washer and dryer

Building Details

Year built 1935
Floors in Building 2
Number of units 2
Building materials Brick, Stucco
Roof type Shingle, Asphalt
Listing Agency: RKA Real Estate, LLC
Listed By: Yarrow A Wilkins
Added: May 1 Changed: Jul 30 Last Checked: Aug 3 at 6:06AM
MLS# PM-140892

Copyright © 2026 Pocono Mountains Association of Realtors. 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 income-producing duplex includes two residential units with distinct layouts. Unit A offers three bedrooms and 1.5 bathrooms with a large living room, eat-in kitchen, and additional storage area. Unit B features two bedrooms and one bathroom with an eat-in kitchen and living room. Washer and dryer are included for both units, and the home includes a basement. Interior highlights also include an eat-in kitchen, and cooling is provided by ceiling fan(s). Appliances listed include an electric oven and refrigerator.

The property sits on a 0.15-acre lot and was built in 1935. The exterior is constructed with brick and stucco, under a shingle and asphalt roof, and includes a porch. In addition to the duplex, there are two garages on site.

Utilities are supported by public water and public sewer.

Key Highlights

  • Unit A: three bedrooms and 1.5 bathrooms with large living room and eat‑in kitchen
  • Unit B: two bedrooms and one bathroom with living room and eat‑in kitchen
  • Washer and dryer included for both units

Financial Insights For Multifamily LT 5

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 $50.9k $22.20
− Vacancy −$3.3k −$1.44
EGI $47.6k $20.76
− OpEx −$14.3k −$6.23
NOI $33.3k $14.53
2,295 SF · lease $22.20/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$476.4K
$416.8K – $555.8K (±1% cap)
NOI $33,346 @ 7.0% cap · market cap 5.70%
Second Best
Apartment 5plus
$442.9K
$387.6K – $516.8K (±1% cap)
NOI $31,006 @ 7.0% cap · market cap 5.30%
Theoretical Best
Specialty Retail
$1.32M
$1.16M – $1.54M (±1% cap)
NOI $92,408 @ 7.0% cap · market cap 15.80%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Hair Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

472
Businesses Nearby

Demographics for 19462, PA

16,267
Population
6,658
Households
2.4
Avg Household Size
41
Median Age
53%
College-Educated
95%
High-School Grad
8.3 sq mi
ZIP Area
1,960
Density / Sq Mi
$133,942
Median Household Income
$66,598
Median Earnings
$1,771
Median Rent
$452,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex on public water and sewer with Unit A 3BR/1.5BA and Unit B 2BR/1BA, plus washer/dryer.
Where is this duplex located?
The property is located at 311 Jefferson Street Plymouth Meeting, PA.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Unit A: three bedrooms and 1.5 bathrooms with large living room and eat‑in kitchen; Unit B: two bedrooms and one bathroom with living room and eat‑in kitchen; Washer and dryer included for both units
More about this property
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