Search
Two-Unit Duplex with Patios
For Sale
Under Contract
$349,900

129 HALL Street, Spring City, PA 19475

Multi-Family, SPRING CITY, PA

Property Size2,204 SF
Lot Size0.19 Acres
Price / SF$158.76
Days on Market47

Property Features for 129 HALL Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Parking 2
Parking features Driveway, On Street
High school SPRING FRD
Elementary school district SPRING-FORD AREA
Middle school district SPRING-FORD AREA
High school district SPRING-FORD AREA
Standard status Active Under Contract
Size 2,204 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Annual Amount 4470

Utilities

Heating system Hot Water(Heating)

Amenities

patio
backyard

Building Details

Year built 1900
Number of units 2
Building materials Frame
Architectural style Colonial
Listing Agency: Keller Williams Real Estate -Exton · Keller Williams Realty
Listed By: Debbie Hepler · License #RS305011
Added: Sep 3 Changed: Oct 17 Last Checked: Oct 19 at 4:06PM
MLS# PACT2135018

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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Built in 1900, this 2,204-square-foot duplex contains two residences at 129 and 131 Hall Street. Each has two second-floor bedrooms, a full bathroom, and an additional third-floor bedroom with an office or sitting room. The 129 unit has a second full bathroom; the 131 unit includes first-floor laundry. Hardwood floors extend across the main levels, and both kitchens have updated cabinetry and countertops. Improvements include a newer roof and heating systems in both units.

Both residences are tenant-occupied under month-to-month leases, with tenants paying utilities. Each has its own outdoor access to a patio and a shared large, level backyard. The 0.1863-acre property also has driveway and on-street parking.

Key Highlights

  • Two residences totaling 2,204 square feet on a 0.1863‑acre lot
  • 129 Hall Street has two full bathrooms; 131 Hall Street has one full bath and first‑floor laundry
  • Each unit has two second‑floor bedrooms plus a third‑floor bedroom and office or sitting room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,327
Cap Rate
7.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$506,540 $506.5K
Cap Rate 7%
$361,814 $361.8K
Cap Rate 9%
$281,411 $281.4K
Market Conditions
NOI Build-Up for 2,204 SF
Gross rent
$42.3K $19.20/SF
− Vacancy
−$6.1K −$2.78/SF
EGI
$36.2K $16.42/SF
− OpEx
−$10.9K −$4.92/SF
NOI
$25.3K $11.49/SF
Area
Chester County, PA
Vacancy
14.50%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$506,540
Cap Rate 7%
$361,814
Cap Rate 9%
$281,411

Alternative Uses

Best Use
Multifamily LT 5
$361.8K
$316.6K – $422.1K (±1% cap)
NOI $25,327 @ 7.0% cap · market cap 7.24%
Second Best
Apartment 5plus
$341.4K
$298.7K – $398.3K (±1% cap)
NOI $23,899 @ 7.0% cap · market cap 6.83%
Theoretical Best
Office A
$668.2K
$584.7K – $779.6K (±1% cap)
NOI $46,776 @ 7.0% cap · market cap 13.37%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

514
Businesses Nearby

Demographics for 19475, PA

12,028
Population
5,154
Households
2.3
Avg Household Size
41
Median Age
50%
College-Educated
96%
High-School Grad
16.5 sq mi
ZIP Area
729
Density / Sq Mi
$92,140
Median Household Income
$60,409
Median Earnings
$948
Median Rent
$362,900
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

Frequently Asked Questions

What type of property is this?
Duplex - Both residences offer a third-floor bedroom and a separate office or sitting area.
Where is this duplex located?
The property is located at 129 HALL Street Spring City, PA.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Two residences totaling 2,204 square feet on a 0.1863‑acre lot; 129 Hall Street has two full bathrooms; 131 Hall Street has one full bath and first‑floor laundry; Each unit has two second‑floor bedrooms plus a third‑floor bedroom and office or sitting room
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again