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Cape Cod Duplex with Detached Garage
For Sale
$649,000

5160 BUTLER Pike, Plymouth Meeting, PA 19462

Multi-Family, PLYMOUTH MEETING, PA

Property Size2,600 SF
Lot Size1.55 Acres
Price / SF$249.62
Days on Market76

Property Features for 5160 BUTLER Pike

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking 2
Parking features Driveway, Garage - Detached
Elementary school district COLONIAL
Middle school district COLONIAL
High school district COLONIAL
Standard status Active
Size 2,600 SF
Lot size 1.55 Acres

Taxes and HOA fees

Tax Annual Amount 5842

Utilities

Heating system Hot Water(Heating), Radiant
Cooling system Wall Unit(s)

Building Details

Year built 1965
Number of units 2
Building materials Brick
Architectural style Cape Cod
Listing Agency: ListWithFreedom.com
Listed By: Ralph Marion Harvey III · License #RM424475
Added: Jul 1 Changed: Sep 9 Last Checked: Sep 14 at 12:06PM
MLS# PAMC2186112

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 2,600-square-foot brick duplex, built in 1965, is arranged as two apartments within a Cape Cod-style structure. The lower residence offers three bedrooms and one bathroom, while the upper residence includes two bedrooms and one bathroom. The property also includes a detached two-car garage, driveway parking, hot-water radiant heating, and wall-unit cooling. The building is currently vacant.

The 1.55-acre parcel is served by public sewer and well water and is zoned Campus Type Limited Industrial. That classification permits development of a commercial building subject to limited by-right uses and applicable zoning requirements. The property is located in Plymouth Meeting, near Blue Bell and Ambler, with access to the Blue Route and Turnpike. Ambler Station provides SEPTA Regional Rail service within less than 10 minutes, while downtown Ambler and Blue Bell are approximately 8 minutes away.

Key Highlights

  • 1.55‑acre parcel in Plymouth Meeting, PA
  • 2,600‑square‑foot brick duplex built in 1965
  • Lower apartment has 3 BR / 1 BA; upper apartment has 2 BR / 1 BA

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
$37,778
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
5.82%
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%
$755,560 $755.6K
Cap Rate 7%
$539,686 $539.7K
Cap Rate 9%
$419,756 $419.8K
Market Conditions
NOI Build-Up for 2,600 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
$57.7K $22.20/SF
− Vacancy
−$3.8K −$1.44/SF
EGI
$54.0K $20.76/SF
− OpEx
−$16.2K −$6.23/SF
NOI
$37.8K $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%
$755,560
Cap Rate 7%
$539,686
Cap Rate 9%
$419,756

Alternative Uses

Best Use
Multifamily LT 5
$539.7K
$472.2K – $629.6K (±1% cap)
NOI $37,778 @ 7.0% cap · market cap 5.82%
Second Best
Apartment 5plus
$501.8K
$439.1K – $585.5K (±1% cap)
NOI $35,127 @ 7.0% cap · market cap 5.41%
Theoretical Best
Specialty Retail
$1.50M
$1.31M – $1.74M (±1% cap)
NOI $104,688 @ 7.0% cap · market cap 16.13%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Auto Repair Shop Building Supply Restaurant Real Estate Agency Big Box & Wholesale Store

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

2
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

121
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Brick duplex with two separate apartments, public sewer, well water, and flexible Campus Type Limited Industrial zoning.
Where is this duplex located?
The property is located at 5160 BUTLER Pike Plymouth Meeting, PA.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: 1.55‑acre parcel in Plymouth Meeting, PA; 2,600‑square‑foot brick duplex built in 1965; Lower apartment has 3 BR / 1 BA; upper apartment has 2 BR / 1 BA
More about this property
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