Duplex with Off-Street
For Sale
Under Contract
$524,000
138 CHURCH Street, Malvern, PA 19355
Multi-Family, MALVERN, PA
Property Size1,736 SF
Lot Size0.10 Acres
Price / SF$301.84
Days on Market94
Property Features for 138 CHURCH Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking
2
Parking features
Driveway, Off Street
Subdivision
NONE AVAILABLE
Elementary school district
GREAT VALLEY
Middle school district
GREAT VALLEY
High school district
GREAT VALLEY
Standard status
Active Under Contract
Size
1,736 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
4650
Utilities
Heating system
Hot Water(Heating)
Amenities
off-street parking
Building Details
Year built
1895
Number of units
2
Building materials
Vinyl Siding, Aluminum Siding
Architectural style
Other
Listing Agency:
KW Greater West Chester · Keller Williams Realty
(610) 436-6500
Listed By:
Jeffrey Scott · License #RS349452
(610) 739-0427
Added: Jul 27
Changed: Oct 21
Last Checked: Oct 28 at 12:06AM
MLS# PACT2131954
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.
This 1,736-square-foot duplex contains two residences: one with two bedrooms and one full bathroom, and another with one bedroom and one full bathroom. Built in 1895, the building has vinyl and aluminum siding, hot-water heat, a basement, and driveway parking. The parcel measures 0.0993 acres.
Downtown Malvern is within walking distance, and the Malvern train station is a short drive away. Burke Park and Randolph Woods are also nearby. Villa Maria Academy High School and Target Grocery are among the other local destinations identified for the property.
Downtown Malvern is within walking distance, and the Malvern train station is a short drive away. Burke Park and Randolph Woods are also nearby. Villa Maria Academy High School and Target Grocery are among the other local destinations identified for the property.
Key Highlights
- Two units: one with 2 bedrooms and 1 full bathroom; one with 1 bedroom and 1 full bathroom
- 1,736 square feet on a 0.0993‑acre lot
- Built in 1895; vinyl and aluminum siding
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,949
Cap Rate
3.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$398,980
$399.0K
Cap Rate 7%
$284,986
$285.0K
Cap Rate 9%
$221,656
$221.7K
Market Conditions
NOI Build-Up for 1,736 SF
Gross rent
$33.3K $19.20/SF
− Vacancy
−$4.8K −$2.78/SF
EGI
$28.5K $16.42/SF
− OpEx
−$8.5K −$4.92/SF
NOI
$19.9K $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%
$398,980
Cap Rate 7%
$284,986
Cap Rate 9%
$221,656
Alternative Uses
Best Use
Multifamily LT 5
$285.0K
$249.4K – $332.5K
NOI $19,949 @ 7.0% cap · market cap 3.81%
Second Best
Apartment 5plus
$268.9K
$235.3K – $313.7K
NOI $18,824 @ 7.0% cap · market cap 3.59%
Theoretical Best
Office A
$526.3K
$460.6K – $614.1K
NOI $36,844 @ 7.0% cap · market cap 7.03%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
705
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The two-unit layout combines separate one- and two-bedroom residences with driveway parking.
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 $524,000.
What are key features of this property?
This property features: Two units: one with 2 bedrooms and 1 full bathroom; one with 1 bedroom and 1 full bathroom; 1,736 square feet on a 0.0993‑acre lot; Built in 1895; vinyl and aluminum siding
