2-Unit Duplex with Private
New
For Sale
$430,000
219-220 WASHINGTON Place, Telford, PA 18969
Multi-Family, TELFORD, PA
Property Size1,776 SF
Lot Size0.02 Acres
Price / SF$242.12
Days on Market1
Property Features for 219-220 WASHINGTON Place
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
Assigned, Parking Lot
Interior features
Bathroom - Tub Shower
Appliances
Built-In Microwave, Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Washer
Subdivision
GREEN MEADOWS
Elementary school district
PENNRIDGE
Middle school district
PENNRIDGE
High school district
PENNRIDGE
Standard status
Active
Size
1,776 SF
Lot size
0.02 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Annual Amount
2888
Utilities
Heating system
Forced Air
Cooling system
Central Air
Amenities
ceiling fans
central air/heating
in-unit washer/dryer
private balcony
children's playground
Building Details
Year built
1979
Number of units
2
Building materials
Brick Front
Buildings
1
Listing Agency:
Market Force Realty
(866) 993-8585
Listed By:
Michael Stone · License #RS291924
(215) 264-0249
Added: Oct 23
Last Checked: Oct 23 at 3:06PM
MLS# PABU2134238
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 1,776-square-foot duplex, built in 1979, contains two residences with two bedrooms each. Both units have updated bathrooms, living and dining areas, separate breakfast spaces, vinyl flooring, ceiling fans, central air and forced-air heat, plus individual washers and dryers. The second-floor residence includes a private balcony. Recent replacements include the HVAC equipment and water heater in each unit.
Parking includes one assigned space per residence, along with additional spaces. The community has a children’s playground and is near shops and restaurants. The HOA fee covers lawn and snow care, shared areas, sidewalks, parking, and trash.
Parking includes one assigned space per residence, along with additional spaces. The community has a children’s playground and is near shops and restaurants. The HOA fee covers lawn and snow care, shared areas, sidewalks, parking, and trash.
Key Highlights
- Two residences, each with 2 bedrooms, in a 1,776‑square‑foot duplex
- Private balcony serves the second‑floor unit
- Each unit has its own washer and dryer, central air, and forced‑air heat
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,805
Cap Rate
6.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$516,100
$516.1K
Cap Rate 7%
$368,643
$368.6K
Cap Rate 9%
$286,722
$286.7K
Market Conditions
NOI Build-Up for 1,776 SF
Gross rent
$39.4K $22.20/SF
− Vacancy
−$2.6K −$1.44/SF
EGI
$36.9K $20.76/SF
− OpEx
−$11.1K −$6.23/SF
NOI
$25.8K $14.53/SF
Area
Montgomery County, PA
Vacancy
6.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$516,100
Cap Rate 7%
$368,643
Cap Rate 9%
$286,722
Alternative Uses
Best Use
Multifamily LT 5
$368.6K
$322.6K – $430.1K
NOI $25,805 @ 7.0% cap · market cap 6.00%
Second Best
Apartment 5plus
$342.8K
$299.9K – $399.9K
NOI $23,994 @ 7.0% cap · market cap 5.58%
Theoretical Best
Specialty Retail
$1.02M
$893.9K – $1.19M
NOI $71,510 @ 7.0% cap · market cap 16.63%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
371
Businesses Nearby
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Business Placement
Demographics for 18969, PA
15,808
Population
6,324
Households
2.5
Avg Household Size
43
Median Age
35%
College-Educated
94%
High-School Grad
16.4 sq mi
ZIP Area
964
Density / Sq Mi
$103,818
Median Household Income
$53,793
Median Earnings
$1,358
Median Rent
$365,700
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 - Both residences offer two bedrooms, central air and heat, and their own washer and dryer.
Where is this duplex located?
The property is located at 219-220 WASHINGTON Place Telford, PA.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms, in a 1,776‑square‑foot duplex; Private balcony serves the second‑floor unit; Each unit has its own washer and dryer, central air, and forced‑air heat
