Tenant-Occupied Duplex
164 North Evans Street Pottstown, PA 19464
For Sale
$285,000
Tenant-occupied duplex with one 2-bedroom unit and one 3-bedroom unit, each with off-street parking and a fenced backyard.
Property Size2,076 SF
Price / SF$137.28
Days on Market272
Property Features for 164 North Evans Street
General Information
Standard status
Active
Size
2,076 SF
Property subtype
Multi-Family / Fee Simple
Building Details
Year Built
1900
Listing Agency:
EXP Realty, LLC
(215) 237-1667
Listed By:
Cynthia L Wadsworth · License #RS179964L
(215) 237-1667
Source:
Compass
Added: Oct 31, 2025
Changed: Jul 23
Last Checked: Jul 24 at 2:02PM
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 EXP Realty, LLC
Investment Insights
Based on property information with market context.
This tenant-occupied duplex includes two separate units: one 2-bedroom unit and one 3-bedroom unit. The property also features 1 off-street parking space and a fenced-in backyard.
Ownership is described as turnkey for rental use, with utilities split between the owner and tenants. The owner is responsible for common electric, trash, water, and sewer, along with miscellaneous maintenance of approximately $1,300 annually, while tenants pay for their own heat and electric.
Located in Pottstown Borough in Montgomery County, the duplex is ready for its next owner. For a closer look at the current layout and tenant status, schedule a showing.
Ownership is described as turnkey for rental use, with utilities split between the owner and tenants. The owner is responsible for common electric, trash, water, and sewer, along with miscellaneous maintenance of approximately $1,300 annually, while tenants pay for their own heat and electric.
Located in Pottstown Borough in Montgomery County, the duplex is ready for its next owner. For a closer look at the current layout and tenant status, schedule a showing.
Key Highlights
- Tenant‑occupied duplex in Pottstown Borough with a 2‑bedroom unit and a 3‑bedroom unit
- Each unit includes off‑street parking and access to a fenced backyard
- Exterior includes sidewalks and street lights
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 | $39.9k | $19.20 |
| − Vacancy | −$5.8k | −$2.78 |
| EGI | $34.1k | $16.42 |
| − OpEx | −$10.2k | −$4.92 |
| NOI | $23.9k | $11.49 |
2,076 SF · lease $19.20/SF/yr · vacancy 14.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$340.8K
$298.2K – $397.6K
NOI $23,856 @ 7.0% cap · market cap 8.37%
Second Best
Apartment 5plus
$321.6K
$281.4K – $375.2K
NOI $22,511 @ 7.0% cap · market cap 7.90%
Theoretical Best
Office A
$629.4K
$550.8K – $734.3K
NOI $44,060 @ 7.0% cap · market cap 15.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Tenant-occupied duplex with one 2-bedroom unit and one 3-bedroom unit, each with off-street parking and a fenced backyard.
Where is this duplex located?
The property is located at 164 North Evans Street Pottstown, PA.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Tenant‑occupied duplex in Pottstown Borough with a 2‑bedroom unit and a 3‑bedroom unit; Each unit includes off‑street parking and access to a fenced backyard; Exterior includes sidewalks and street lights
