Renovated Single-Family
123 JEFFERSON AVENUE Downingtown, PA 19335
New
For Sale
$350,000
SINGLE_FAMILY - DOWNINGTOWN, PA
Property Size1,726 SF
Price / SF$202.78
Days on Market2
Property Features for 123 JEFFERSON AVENUE
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 3, Bedroom 1, Bedroom 4
- Standard status
- Active
- Size
- 1,726 SF
Building Details
- Year built
- 1920
Listing Agency:
BHHS Fox & Roach West Chester
(610) 431-1100
Listed By:
Leslie Curtis
(610) 203-9318
Added: Jul 23
Last Checked: Jul 24 at 12:06AM
MLS# PACT2131636
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, 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.
Welcome to 123 Jefferson Avenue in Downingtown, PA. This fully renovated, move-in-ready 3 bedroom, 1.5 bath home has been updated top to bottom, including new flooring, new kitchen with quartz countertops, new appliances, and all new recessed lighting. The home also features a redesigned full bathroom and half bathroom, newer windows, freshly painted interiors, and a newer water heater.
Inside, the main floor provides room for a living and eating area, highlighted by a brick accent wall. A step-down laundry area offers access to the backyard, and a brand-new powder room completes the first level. Upstairs, you’ll find three bedrooms and a full bathroom, with each bedroom equipped with its own mini-split for heat and cooling.
On the third floor, the heated attic space has been finished with new flooring and includes a closet, offering flexible space for an additional bedroom, office, or walk-in dressing area. The backyard is described as a no-maintenance space. Downingtown Schools and walkable access to local dining, coffee, groceries, and Planet Fitness are noted, with easy commutes by train or the nearby bypass.
Inside, the main floor provides room for a living and eating area, highlighted by a brick accent wall. A step-down laundry area offers access to the backyard, and a brand-new powder room completes the first level. Upstairs, you’ll find three bedrooms and a full bathroom, with each bedroom equipped with its own mini-split for heat and cooling.
On the third floor, the heated attic space has been finished with new flooring and includes a closet, offering flexible space for an additional bedroom, office, or walk-in dressing area. The backyard is described as a no-maintenance space. Downingtown Schools and walkable access to local dining, coffee, groceries, and Planet Fitness are noted, with easy commutes by train or the nearby bypass.
Key Highlights
- Fully renovated home on Jefferson Ave with updated kitchen, bathrooms, windows, and recessed lighting
- 3 bedrooms plus a finished heated attic space with new flooring and a closet for flexible use
- 1.5 baths including a new full bathroom and a new powder room with new modern selections
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 | $33.1k | $19.20 |
| − Vacancy | −$4.8k | −$2.78 |
| EGI | $28.3k | $16.42 |
| − OpEx | −$8.5k | −$4.92 |
| NOI | $19.8k | $11.49 |
1,726 SF · lease $19.20/SF/yr · vacancy 14.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$283.3K
$247.9K – $330.6K
NOI $19,834 @ 7.0% cap · market cap 5.67%
Second Best
Apartment 5plus
$267.4K
$234.0K – $311.9K
NOI $18,716 @ 7.0% cap · market cap 5.35%
Theoretical Best
Office A
$523.3K
$457.9K – $610.5K
NOI $36,631 @ 7.0% cap · market cap 10.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Fully renovated 3-bedroom, 1.5-bath home with a finished, heated attic and brand-new HVAC systems.
Where is this duplex located?
The property is located at 123 JEFFERSON AVENUE Downingtown, PA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Fully renovated home on Jefferson Ave with updated kitchen, bathrooms, windows, and recessed lighting; 3 bedrooms plus a finished heated attic space with new flooring and a closet for flexible use; 1.5 baths including a new full bathroom and a new powder room with new modern selections
