Two-Unit Duplex with Off-Street
New
For Sale
$529,000
138 CHURCH STREET, Malvern, PA 19355
Two-unit duplex in Malvern with off-street parking, featuring one 2 bed/1 bath unit and one 1 bed/1 bath unit.
Property Size1,736 SF
Price / SF$304.72
Days on Market5
Property Features for 138 CHURCH STREET
General Information
Standard status
Active
Size
1,736 SF
Property subtype
Duplex
Building Details
Year Built
1895
Tenancy
Multi
Listing Agency:
KW Greater West Chester
(610) 739-0427
Listed By:
Jeffrey Scott · License #RS349452
(610) 739-0427
Source:
Cummingsrealtors
Added: Jul 27
Changed: Jul 30
Last Checked: Jul 30 at 3:20AM
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 KW Greater West Chester
Investment Insights
Based on property information with market context.
This two-unit duplex offers a simple, tenant-friendly layout with two separate residences. One unit is configured with two bedrooms and one full bathroom, while the second unit includes one bedroom and one full bathroom. Off-street parking is available, reducing day-to-day hassle for tenants.
The property is located in Malvern with downtown within easy walking distance, supporting walkable daily routines. Burke Park and Randolph Woods are nearby for outdoor time, and the Malvern train station is minutes away for regional commuting.
Built in 1895, the property totals 1,736 SF and is positioned on a residential street setting with convenient access to area schools and shopping, including Villa Maria Academy High School nearby and Target Grocery a short drive away.
The property is located in Malvern with downtown within easy walking distance, supporting walkable daily routines. Burke Park and Randolph Woods are nearby for outdoor time, and the Malvern train station is minutes away for regional commuting.
Built in 1895, the property totals 1,736 SF and is positioned on a residential street setting with convenient access to area schools and shopping, including Villa Maria Academy High School nearby and Target Grocery a short drive away.
Key Highlights
- Two units: one 2 bed/1 full bath and one 1 bed/1 full bath
- Off‑street parking for added tenant convenience
- Built in 1895
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 | $33.3k | $19.20 |
| − Vacancy | −$4.8k | −$2.78 |
| EGI | $28.5k | $16.42 |
| − OpEx | −$8.5k | −$4.92 |
| NOI | $19.9k | $11.49 |
1,736 SF · lease $19.20/SF/yr · vacancy 14.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$285.0K
$249.4K – $332.5K
NOI $19,949 @ 7.0% cap · market cap 3.77%
Second Best
Apartment 5plus
$268.9K
$235.3K – $313.7K
NOI $18,824 @ 7.0% cap · market cap 3.56%
Theoretical Best
Office A
$526.3K
$460.6K – $614.1K
NOI $36,844 @ 7.0% cap · market cap 6.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
705
Businesses Nearby
Explore this area
Business Placement
Demographics for 19355, PA
29,273
Population
11,815
Households
2.5
Avg Household Size
41
Median Age
73%
College-Educated
97%
High-School Grad
38.3 sq mi
ZIP Area
764
Density / Sq Mi
$162,917
Median Household Income
$87,900
Median Earnings
$1,960
Median Rent
$662,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit duplex in Malvern with off-street parking, featuring one 2 bed/1 bath unit and one 1 bed/1 bath unit.
Where is this duplex located?
The property is located at 138 CHURCH STREET Malvern, PA.
What is the asking price?
The asking price for this property is $529,000.
What are key features of this property?
This property features: Two units: one 2 bed/1 full bath and one 1 bed/1 full bath; Off‑street parking for added tenant convenience; Built in 1895
