Duplex Property with Two
New
For Sale
$300,000
243- 245 E VALLEY Road, Coatesville, PA 19320
Multi-Family, COATESVILLE, PA
Property Size2,072 SF
Lot Size0.17 Acres
Price / SF$144.79
Days on Market3
Property Features for 243- 245 E VALLEY Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking
2
Parking features
Garage - Detached
Subdivision
NONE AVAILABLE
Elementary school district
COATESVILLE AREA
Middle school district
COATESVILLE AREA
High school district
COATESVILLE AREA
Standard status
Active
Size
2,072 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Annual Amount
4121
Utilities
Heating system
Other (Heating)
Cooling system
Window Unit(s)
Building Details
Year built
1900
Number of units
2
Building materials
Brick
Listing Agency:
Keller Williams Real Estate -Exton · Keller Williams Realty
(610) 363-4300
Listed By:
Matthew I Gorham · License #RS286017
(610) 363-4340
Added: Sep 24
Last Checked: Sep 26 at 5:06PM
MLS# PACT2136636
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.
Investment Insights
Based on property information with market context.
This duplex property combines two separately addressed homes at 243 and 245 E Valley Road. Together, the residences contain 2,072 square feet on a 0.1722-acre lot. The homes are brick, date to 1900, and each has two bedrooms and one full bathroom. One residence also includes an additional first-floor room. A basement, window-unit cooling, and a detached garage are among the property features.
Each home has its own yard space. The property is currently in the eviction process and is expected to be delivered vacant. Both residences have street parking.
Each home has its own yard space. The property is currently in the eviction process and is expected to be delivered vacant. Both residences have street parking.
Key Highlights
- Two separately addressed homes deeded together as one property
- 2,072 square feet on a 0.1722‑acre lot
- Each home has 2 bedrooms and 1 full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,810
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.94%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$476,200
$476.2K
Cap Rate 7%
$340,143
$340.1K
Cap Rate 9%
$264,556
$264.6K
Market Conditions
NOI Build-Up for 2,072 SF
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.
Gross rent
$39.8K $19.20/SF
− Vacancy
−$5.8K −$2.78/SF
EGI
$34.0K $16.42/SF
− OpEx
−$10.2K −$4.92/SF
NOI
$23.8K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$476,200
Cap Rate 7%
$340,143
Cap Rate 9%
$264,556
Alternative Uses
Best Use
Multifamily LT 5
$340.1K
$297.6K – $396.8K
NOI $23,810 @ 7.0% cap · market cap 7.94%
Second Best
Apartment 5plus
$321.0K
$280.9K – $374.5K
NOI $22,468 @ 7.0% cap · market cap 7.49%
Theoretical Best
Office A
$628.2K
$549.7K – $732.9K
NOI $43,975 @ 7.0% cap · market cap 14.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
494
Businesses Nearby
Explore this area
Business Placement
Demographics for 19320, PA
54,149
Population
21,199
Households
2.6
Avg Household Size
41
Median Age
31%
College-Educated
91%
High-School Grad
81.6 sq mi
ZIP Area
664
Density / Sq Mi
$88,852
Median Household Income
$44,920
Median Earnings
$1,427
Median Rent
$302,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separately addressed residences are deeded together, with individual outdoor areas and a detached garage.
Where is this duplex located?
The property is located at 243- 245 E VALLEY Road Coatesville, PA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Two separately addressed homes deeded together as one property; 2,072 square feet on a 0.1722‑acre lot; Each home has 2 bedrooms and 1 full bathroom
