Duplex With Two
For Sale
$585,000
Pending
311 Jefferson Street, Plymouth Meeting, PA 19462
Residential Income, Plymouth Meeting, PA
Property Size2,295 SF
Lot Size0.15 Acres
Days on Market140
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 1, Bathroom 2, Bedroom 2, Bathroom 1, Basement, Bathroom 3, Bedroom 4, Bedroom 3, Bedroom 5
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
Asphalt, Shingle
Listing Agency:
RKA Real Estate, LLC
(570) 231-7077
Listed By:
Yarrow A Wilkins
(570) 420-9908
Added: May 1
Changed: Sep 15
Last Checked: Sep 17 at 5:06PM
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 brick and stucco duplex contains 2,295 square feet on a 0.15-acre lot and was built in 1935. The two-unit layout includes one residence with 3 bedrooms and 1.5 baths, plus a second with 2 bedrooms and 1 bath. Both units feature living rooms, eat-in kitchens, and washer and dryer appliances. Additional property features include basement and storage space, a porch, electric ovens, refrigerators, ceiling fans, asphalt shingle roofing, public water, and public sewer.
The property includes two additional garages, creating four income-producing components. It is located at 311 Jefferson Street in Plymouth Meeting, Montgomery County, Pennsylvania, within ZIP Code 19462.
The property includes two additional garages, creating four income-producing components. It is located at 311 Jefferson Street in Plymouth Meeting, Montgomery County, Pennsylvania, within ZIP Code 19462.
Key Highlights
- Duplex measures 2,295 square feet on a 0.15‑acre lot
- Two residential units: 3 bedrooms/1.5 baths and 2 bedrooms/1 bath
- Two additional garages provide four income‑producing components
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$33,346
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.70%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$666,920
$666.9K
Cap Rate 7%
$476,371
$476.4K
Cap Rate 9%
$370,511
$370.5K
Market Conditions
NOI Build-Up for 2,295 SF
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.
Gross rent
$50.9K $22.20/SF
− Vacancy
−$3.3K −$1.44/SF
EGI
$47.6K $20.76/SF
− OpEx
−$14.3K −$6.23/SF
NOI
$33.3K $14.53/SF
Area
Montgomery County, PA
Vacancy
6.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$666,920
Cap Rate 7%
$476,371
Cap Rate 9%
$370,511
Alternative Uses
Best Use
Multifamily LT 5
$476.4K
$416.8K – $555.8K
NOI $33,346 @ 7.0% cap · market cap 5.70%
Second Best
Apartment 5plus
$442.9K
$387.6K – $516.8K
NOI $31,006 @ 7.0% cap · market cap 5.30%
Theoretical Best
Specialty Retail
$1.32M
$1.16M – $1.54M
NOI $92,408 @ 7.0% cap · market cap 15.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
472
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Income-producing duplex with two residential units, separate garages, and included laundry appliances.
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: Duplex measures 2,295 square feet on a 0.15‑acre lot; Two residential units: 3 bedrooms/1.5 baths and 2 bedrooms/1 bath; Two additional garages provide four income‑producing components
