14-Unit Apartment
New
For Sale
$2,393,400
107 WALNUT Street, Pottstown, PA 19464
Multi-Family, POTTSTOWN, PA
Property Size12,000 SF
Lot Size0.02 Acres
Price / SF$199.45
Days on Market6
Property Features for 107 WALNUT Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Elementary school
BARTH
Middle school
POTTSTOWN
High school
POTTSTOWN SENIOR
Elementary school district
POTTSTOWN
Middle school district
POTTSTOWN
High school district
POTTSTOWN
Standard status
Active
Size
12,000 SF
Lot size
0.02 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Annual Amount
16655
Utilities
Heating system
Central
Cooling system
Central Air
Amenities
coin-operated laundry
Building Details
Year built
1870
Number of units
1
Building materials
Brick
Listing Agency:
Springer Realty Group
(484) 498-4000
Listed By:
Gregory Martire · License #RS225353L
(484) 997-8068
Added: Oct 23
Last Checked: Oct 28 at 2:06PM
MLS# PAMC2198456
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.
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Investment Insights
Based on property information with market context.
This 14-residence apartment property in Pottstown contains 12,000 square feet across a brick building constructed in 1870. The unit mix is evenly divided between seven one-bedroom apartments and seven three-bedroom apartments. Central heating and central air conditioning serve the building, and coin-operated laundry is located in the basement.
The residences are being offered together as a package rather than individually. The property is presented with a 10% cap rate.
The residences are being offered together as a package rather than individually. The property is presented with a 10% cap rate.
Key Highlights
- 14 residential units offered as one package
- 12,000 square feet in a brick building constructed in 1870
- Seven one‑bedroom and seven three‑bedroom apartments
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$162,124
Cap Rate
6.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,242,480
$3.2M
Cap Rate 7%
$2,316,057
$2.3M
Cap Rate 9%
$1,801,378
$1.8M
Market Conditions
NOI Build-Up for 12,000 SF
Gross rent
$313.9K $26.16/SF
− Vacancy
−$19.1K −$1.60/SF
EGI
$294.8K $24.56/SF
− OpEx
−$132.6K −$11.05/SF
NOI
$162.1K $13.51/SF
Area
Montgomery County, PA
Vacancy
6.10%
Lease Rate
$26.16 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,242,480
Cap Rate 7%
$2,316,057
Cap Rate 9%
$1,801,378
Alternative Uses
Best Use
Apartment 5plus
$2.32M
$2.03M – $2.70M
NOI $162,124 @ 7.0% cap · market cap 6.77%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$6.90M
$6.04M – $8.05M
NOI $483,177 @ 7.0% cap · market cap 20.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
14
Residential units
Location Intelligence
Trade Area within ½ mile
1,126
Businesses Nearby
Explore this area
Business Placement
Demographics for 19464, PA
48,409
Population
19,985
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
91%
High-School Grad
25.6 sq mi
ZIP Area
1,891
Density / Sq Mi
$76,338
Median Household Income
$44,888
Median Earnings
$1,226
Median Rent
$231,700
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
Frequently Asked Questions
What type of property is this?
Apartment building - The portfolio includes equal numbers of one- and three-bedroom residences, plus coin-operated laundry in the basement.
Where is this apartment building located?
The property is located at 107 WALNUT Street Pottstown, PA.
What is the asking price?
The asking price for this property is $2,393,400.
What are key features of this property?
This property features: 14 residential units offered as one package; 12,000 square feet in a brick building constructed in 1870; Seven one‑bedroom and seven three‑bedroom apartments
