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Renovated Five-Unit Apartment Building
For Sale
$1,100,000

237 Franklin Ave, Phoenixville, PA 19460

Updated interiors feature durable flooring, stone finishes, and stainless steel appliances.

Property SizeContact for details
Days on Market32

Property Features for 237 Franklin Ave

General Information

Standard status Active
Property subtype Residential Income
Net Operating Income $75,878

Additional Details

Gross Income $96,000
Multifamily Units 5

Taxes and HOA fees

Annual Taxes $5,227

Building Details

Buildings 1
Listing Agency: EXP Realty, LLC
Listed By: Erich Beyer
Source: Exprealty
Added: Aug 2 Changed: Aug 25 Last Checked: Sep 1 at 8:42PM

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 4,746-square-foot apartment building contains five residential units, all renovated between 2017 and 2020. Interior improvements include hardwood or luxury vinyl flooring, granite and tile finishes in the kitchens and bathrooms, and stainless steel appliances. Originally built in 1900, the property combines refreshed unit interiors with an established multifamily configuration.

The building is located at 237 Franklin in downtown Phoenixville, Pennsylvania. Its central setting places the property within the downtown area while retaining a five-unit layout suited to residential income ownership.

Key Highlights

  • Five‑unit apartment building with 4,746 SF
  • All five units renovated between 2017 and 2020
  • Hardwood or luxury vinyl flooring throughout renovated units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Locksmith Nail Salon Daycare Center (Bike/Boat/Book/etc) Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,006
Businesses Nearby

Demographics for 19460, PA

43,611
Population
18,881
Households
2.3
Avg Household Size
40
Median Age
58%
College-Educated
96%
High-School Grad
34.5 sq mi
ZIP Area
1,264
Density / Sq Mi
$120,472
Median Household Income
$65,879
Median Earnings
$1,622
Median Rent
$426,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Updated interiors feature durable flooring, stone finishes, and stainless steel appliances.
Where is this apartment building located?
The property is located at 237 Franklin Ave Phoenixville, PA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Five‑unit apartment building with 4,746 SF; All five units renovated between 2017 and 2020; Hardwood or luxury vinyl flooring throughout renovated units
More about this property
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