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Three-Unit Apartment Building
For Sale
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312 Chestnut Street, Mertztown, PA 19539

Three occupied apartment units feature separate utilities, with an unfinished third-floor area that could support additional units.

Property SizeContact for details
Days on Market124

Property Features for 312 Chestnut Street

General Information

Standard status Active
Property subtype Multifamily, Special Purpose
Listing Agency: BHHS Fox & Roach-Allentown
Listed By: Bob Wiley · License #PA RS307185
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 4:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHHS Fox & Roach-Allentown

Investment Insights

Based on property information with market context.

This three-unit apartment building includes three occupied units with separate utilities. Unit 1 has 2 bedrooms and 1 bathroom, and the owner occupies this unit. Unit 2 is occupied and has 3 bedrooms and 1 bathroom. Unit 3 is also occupied with 2 bedrooms and 1 bathroom.

In addition, the property includes an extra parcel with a 4-bay mechanics garage for added income or a live-in business setup. The building also has a third-floor level that could be finished into one or possibly two more apartment units, subject to approvals.

While the property could use some cosmetic upgrades, it is already generating rental income and offers room to expand with the existing third-floor space and the included mechanics garage parcel.

Key Highlights

  • 3‑unit apartment building with all three units occupied
  • Each unit has separate utilities
  • Unit mix: Unit 1 has 2 BR/1 BA, Unit 2 has 3 BR/1 BA, Unit 3 has 2 BR/1 BA

Property Analytics

Current Use

Cesar's Auto Service Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store HVAC Service Electrical Service Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

53
Businesses Nearby

Demographics for 19539, PA

4,488
Population
1,607
Households
2.8
Avg Household Size
48
Median Age
28%
College-Educated
96%
High-School Grad
21.6 sq mi
ZIP Area
208
Density / Sq Mi
$102,694
Median Household Income
$56,653
Median Earnings
$975
Median Rent
$264,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Three occupied apartment units feature separate utilities, with an unfinished third-floor area that could support additional units.
Where is this multifamily property located?
The property is located at 312 Chestnut Street Mertztown, PA.
What are key features of this property?
This property features: 3‑unit apartment building with all three units occupied; Each unit has separate utilities; Unit mix: Unit 1 has 2 BR/1 BA, Unit 2 has 3 BR/1 BA, Unit 3 has 2 BR/1 BA
More about this property
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