Income-Producing Duplex with Two
For Sale
$585,000
Pending
311 Jefferson Street, Plymouth Meeting, PA 19462
MULTI_FAMILY - Plymouth Meeting, PA
Property Size2,295 SF
Lot Size0.15 Acres
Days on Market95
Property Features for 311 Jefferson Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Residential
Bedrooms
5
Full bathrooms
3
Rooms
Bedroom 2, Bathroom 3, Basement, Bedroom 5, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 3, Bathroom 1
Patio and Porch features
Porch
Interior features
Eat-in Kitchen
Basement
Unfinished
Appliances
Electric Oven, Refrigerator
Subdivision
Montgomery Township
Standard status
Pending
APN
49-00-05557-001
Size
2,295 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Annual Amount
4951
Utilities
Sewer type
Public Sewer
Cooling system
Ceiling Fan(s)
Water source
Public
Amenities
washer and dryer
Building Details
Year built
1935
Floors in Building
2
Number of units
2
Building materials
Brick, Stucco
Roof type
Shingle, Asphalt
Listing Agency:
RKA Real Estate, LLC
(570) 231-7077
Listed By:
Yarrow A Wilkins
(570) 420-9908
Added: May 1
Changed: Jul 30
Last Checked: Aug 3 at 4:06AM
MLS# PM-140892
Copyright © 2026 Pocono Mountains Association of 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.
This income-producing duplex includes two residential units with distinct layouts. Unit A offers three bedrooms and 1.5 bathrooms with a large living room, eat-in kitchen, and additional storage area. Unit B features two bedrooms and one bathroom with an eat-in kitchen and living room. Washer and dryer are included for both units, and the home includes a basement. Interior highlights also include an eat-in kitchen, and cooling is provided by ceiling fan(s). Appliances listed include an electric oven and refrigerator.
The property sits on a 0.15-acre lot and was built in 1935. The exterior is constructed with brick and stucco, under a shingle and asphalt roof, and includes a porch. In addition to the duplex, there are two garages on site.
Utilities are supported by public water and public sewer.
The property sits on a 0.15-acre lot and was built in 1935. The exterior is constructed with brick and stucco, under a shingle and asphalt roof, and includes a porch. In addition to the duplex, there are two garages on site.
Utilities are supported by public water and public sewer.
Key Highlights
- Unit A: three bedrooms and 1.5 bathrooms with large living room and eat‑in kitchen
- Unit B: two bedrooms and one bathroom with living room and eat‑in kitchen
- Washer and dryer included for both units
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 | $50.9k | $22.20 |
| − Vacancy | −$3.3k | −$1.44 |
| EGI | $47.6k | $20.76 |
| − OpEx | −$14.3k | −$6.23 |
| NOI | $33.3k | $14.53 |
2,295 SF · lease $22.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$476.4K
$416.8K – $555.8K
NOI $33,346 @ 7.0% cap · market cap 5.70%
Second Best
Apartment 5plus
$442.9K
$387.6K – $516.8K
NOI $31,006 @ 7.0% cap · market cap 5.30%
Theoretical Best
Specialty Retail
$1.32M
$1.16M – $1.54M
NOI $92,408 @ 7.0% cap · market cap 15.80%
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
472
Businesses Nearby
Explore this area
Business Placement
Demographics for 19462, PA
16,267
Population
6,658
Households
2.4
Avg Household Size
41
Median Age
53%
College-Educated
95%
High-School Grad
8.3 sq mi
ZIP Area
1,960
Density / Sq Mi
$133,942
Median Household Income
$66,598
Median Earnings
$1,771
Median Rent
$452,400
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 on public water and sewer with Unit A 3BR/1.5BA and Unit B 2BR/1BA, plus washer/dryer.
Where is this duplex located?
The property is located at 311 Jefferson Street Plymouth Meeting, PA.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Unit A: three bedrooms and 1.5 bathrooms with large living room and eat‑in kitchen; Unit B: two bedrooms and one bathroom with living room and eat‑in kitchen; Washer and dryer included for both units
