20-Unit Apartment
12-18 FRONT Street, Quakertown, PA 18951
For Sale
New
$5,950,000
Multi-Family, QUAKERTOWN, PA
Property Size17,500 SF
Lot Size0.46 Acres
Price / SF$340
Days on Market1
Property Features for 12-18 FRONT Street
General Information
Property type
Property subtype
Rooms
Parking
Parking features
Elementary school district
Middle school district
High school district
Standard status
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Cooling system
Amenities
rooftop deck
Building Details
Year built
Number of units
Building materials
Architectural style
Listing Agency:
RE/MAX Centre Realtors · RE/MAX International
(215) 343-8200
Listed By:
Andrew D Blum · License PA RS324527
(215) 208-0388
Added: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# PABU2135590
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.
The 20-apartment property includes two 3-bedroom units, fifteen 2-bedroom units, and three 1-bedroom units. Apartments have been renovated and feature granite counters, stainless steel appliances, in-unit washers and dryers, and wood flooring. Nine apartments are in a newer building completed in 2021, which includes a rooftop deck; the offering also includes a Victorian building. The property totals 17,500 square feet on 0.46 acres and has 33 parking spaces. It was built in 1905, with the newer construction completed in 2021.
Located in Quakertown’s historic downtown, the property is within walking distance of shops, restaurants, and the Trolley Barn Public Market. All 20 apartments are occupied.
Located in Quakertown’s historic downtown, the property is within walking distance of shops, restaurants, and the Trolley Barn Public Market. All 20 apartments are occupied.
Key Highlights
- 20 apartments: two 3‑bedroom, fifteen 2‑bedroom, and three 1‑bedroom units
- 17,500 square feet on 0.46 acres
- Nine apartments in a building completed in 2021, with a rooftop deck
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$216,676
Cap Rate
3.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,333,520
$4.3M
Cap Rate 7%
$3,095,371
$3.1M
Cap Rate 9%
$2,407,511
$2.4M
Market Conditions
NOI Build-Up for 17,500 SF
Gross rent
$407.4K $23.28/SF
− Vacancy
−$13.4K −$0.77/SF
EGI
$394.0K $22.51/SF
− OpEx
−$177.3K −$10.13/SF
NOI
$216.7K $12.38/SF
Area
Bucks County, PA
Vacancy
3.30%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,333,520
Cap Rate 7%
$3,095,371
Cap Rate 9%
$2,407,511
Alternative Uses
Best Use
Apartment 5plus
$3.10M
$2.71M – $3.61M
NOI $216,676 @ 7.0% cap · market cap 3.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.00M
$5.25M – $7.00M
NOI $419,866 @ 7.0% cap · market cap 7.06%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
20
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
835
Businesses Nearby
Explore this area
Business Placement
Demographics for 18951, PA
36,111
Population
14,862
Households
2.4
Avg Household Size
43
Median Age
33%
College-Educated
94%
High-School Grad
71.7 sq mi
ZIP Area
504
Density / Sq Mi
$95,084
Median Household Income
$49,570
Median Earnings
$1,341
Median Rent
$339,000
Median Home Value
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Market
Properties on Market for Apartment buildings in Bucks County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - In Quakertown’s historic downtown, the property is walkable to shops, restaurants, and the Trolley Barn Public Market.
Where is this apartment building located?
The property is located at 12-18 FRONT Street Quakertown, PA.
What is the asking price?
The asking price for this property is $5,950,000.
What are key features of this property?
This property features: 20 apartments: two 3‑bedroom, fifteen 2‑bedroom, and three 1‑bedroom units; 17,500 square feet on 0.46 acres; Nine apartments in a building completed in 2021, with a rooftop deck
