Duplex with Two-Bay
For Sale
$500,000
Pending
271 & 273 SHIRLEY DRIVE, Harleysville, PA 19438
MULTI_FAMILY - HARLEYSVILLE, PA
Property Size2,904 SF
Days on Market246
Property Features for 271 & 273 SHIRLEY DRIVE
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Subdivision
HUNTER CREST
Middle school
INDIAN CREST
High school
SOUDERTON AREA SENIOR
Standard status
Pending
Size
2,904 SF
Amenities
in-unit stackable laundry
drop-down attic staircase
separate basement access
Building Details
Year built
1983
Listing Agency:
BHHS Fox & Roach Collegeville · Berkshire Hathaway HomeServices
(610) 831-5300
Listed By:
Terry Derstine
(267) 933-6831
Added: Nov 28, 2025
Changed: Jul 23
Last Checked: Aug 1 at 6:06PM
MLS# PAMC2154704
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. 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.
Duplex property built in 1983 featuring two units with matching layouts. Each level includes three bedrooms, two full baths, a large eat-in kitchen, and a living room. The owners expanded each unit with an addition that adds approximately 660 square feet per floor. Both units offer in-unit stackable laundry, and the second floor includes extra storage space via a drop-down attic staircase. Each unit also has separate access to the basement.
A custom-built 22' x 23' two-bay garage, crafted by Updyke, includes a full second floor that can be used for a workshop, storage, hobby space, or other income-generating possibilities. The driveway has been widened for ample parking and includes convenient access to the garage. Located at 271 & 273 Shirley Drive in Harleysville, this property is part of the Hunter Crest community.
A custom-built 22' x 23' two-bay garage, crafted by Updyke, includes a full second floor that can be used for a workshop, storage, hobby space, or other income-generating possibilities. The driveway has been widened for ample parking and includes convenient access to the garage. Located at 271 & 273 Shirley Drive in Harleysville, this property is part of the Hunter Crest community.
Key Highlights
- Approximately 660 SF per floor addition to each unit
- Each unit includes three bedrooms, two full baths, eat‑in kitchen, and living room
- In‑unit stackable laundry plus second‑floor drop‑down attic staircase
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 | $64.5k | $22.20 |
| − Vacancy | −$4.2k | −$1.44 |
| EGI | $60.3k | $20.76 |
| − OpEx | −$18.1k | −$6.23 |
| NOI | $42.2k | $14.53 |
2,904 SF · lease $22.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$602.8K
$527.4K – $703.3K
NOI $42,195 @ 7.0% cap · market cap 8.44%
Second Best
Apartment 5plus
$560.5K
$490.4K – $653.9K
NOI $39,234 @ 7.0% cap · market cap 7.85%
Theoretical Best
Specialty Retail
$1.67M
$1.46M – $1.95M
NOI $116,929 @ 7.0% cap · market cap 23.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex expanded on each level with three bedrooms, two full baths, and in-unit stackable laundry.
Where is this duplex located?
The property is located at 271 & 273 SHIRLEY DRIVE Harleysville, PA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Approximately 660 SF per floor addition to each unit; Each unit includes three bedrooms, two full baths, eat‑in kitchen, and living room; In‑unit stackable laundry plus second‑floor drop‑down attic staircase