Two-Unit Duplex with Private
New
For Sale
$425,000
269 SHIRLEY Drive, Harleysville, PA 19438
Multi-Family, HARLEYSVILLE, PA
Property Size2,105 SF
Lot Size0.22 Acres
Price / SF$201.90
Days on Market3
Property Features for 269 SHIRLEY Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking
2
Parking features
Driveway
Subdivision
HUNTER CREST
Elementary school district
SOUDERTON AREA
Middle school district
SOUDERTON AREA
High school district
SOUDERTON AREA
Standard status
Active
Size
2,105 SF
Lot size
0.22 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Annual Amount
5769
Utilities
Heating system
Forced Air
Cooling system
Central Air
Amenities
shared rear yard
exterior lighting
patio
shared paved driveway
private entrances
dedicated laundry
ample storage
Building Details
Year built
1984
Number of units
2
Building materials
Brick Front
Buildings
1
Listing Agency:
RE/MAX Reliance · RE/MAX International
(215) 723-4150
Listed By:
Jacquelyn F Rhoads · License #RS289523
(215) 896-0345
Added: Oct 24
Last Checked: Oct 26 at 8:06AM
MLS# PAMC2197930
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.
Built in 1984, this duplex contains two one-level residences, each with two bedrooms, one full bathroom, an eat-in kitchen, and a living room. Both units have private entrances and separate basement areas with laundry, HVAC, and storage. The property also has separate utilities and mechanical systems, and both units’ windows were replaced approximately five years ago.
The 0.2171-acre property in Harleysville includes a level lot, a shared rear yard that backs to trees, a patio, exterior lighting, and a paved shared driveway. Additional on-street parking is available. The property is in the Souderton School District and is near shopping, dining, parks, and major roadways.
The 0.2171-acre property in Harleysville includes a level lot, a shared rear yard that backs to trees, a patio, exterior lighting, and a paved shared driveway. Additional on-street parking is available. The property is in the Souderton School District and is near shopping, dining, parks, and major roadways.
Key Highlights
- Two residences, each with 2 bedrooms and 1 full bathroom
- Both units have private entrances and separate basement areas
- 0.2171‑acre level lot with shared rear yard backing to trees
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,585
Cap Rate
7.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$611,700
$611.7K
Cap Rate 7%
$436,929
$436.9K
Cap Rate 9%
$339,833
$339.8K
Market Conditions
NOI Build-Up for 2,105 SF
Gross rent
$46.7K $22.20/SF
− Vacancy
−$3.0K −$1.44/SF
EGI
$43.7K $20.76/SF
− OpEx
−$13.1K −$6.23/SF
NOI
$30.6K $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%
$611,700
Cap Rate 7%
$436,929
Cap Rate 9%
$339,833
Alternative Uses
Best Use
Multifamily LT 5
$436.9K
$382.3K – $509.8K
NOI $30,585 @ 7.0% cap · market cap 7.20%
Second Best
Apartment 5plus
$406.3K
$355.5K – $474.0K
NOI $28,439 @ 7.0% cap · market cap 6.69%
Theoretical Best
Specialty Retail
$1.21M
$1.06M – $1.41M
NOI $84,757 @ 7.0% cap · market cap 19.94%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
451
Businesses Nearby
Explore this area
Business Placement
Demographics for 19438, PA
25,134
Population
9,572
Households
2.6
Avg Household Size
44
Median Age
52%
College-Educated
97%
High-School Grad
22.2 sq mi
ZIP Area
1,132
Density / Sq Mi
$138,955
Median Household Income
$67,748
Median Earnings
$1,697
Median Rent
$455,100
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 - Separate basement areas provide each residence with laundry, HVAC, and storage.
Where is this duplex located?
The property is located at 269 SHIRLEY Drive Harleysville, PA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 full bathroom; Both units have private entrances and separate basement areas; 0.2171‑acre level lot with shared rear yard backing to trees
