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Duplex With Two Garages
For Sale
$585,000
Pending

311 Jefferson Street, Plymouth Meeting, PA 19462

Residential Income, Plymouth Meeting, PA

Property Size2,295 SF
Lot Size0.15 Acres
Days on Market187

Property Features for 311 Jefferson Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description Residential
Bedrooms 5
Full bathrooms 3
Rooms Bathroom 3, Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 5, Bathroom 2, Basement, Bedroom 4, Bedroom 2
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/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
Listed By: Yarrow A Wilkins
Added: May 1 Changed: Oct 28 Last Checked: Nov 3 at 7:06PM
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.

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Investment Insights

Based on property information with market context.

This brick and stucco duplex contains 2,295 square feet on a 0.15-acre lot and was built in 1935. The two-unit layout includes one residence with 3 bedrooms and 1.5 baths, plus a second with 2 bedrooms and 1 bath. Both units feature living rooms, eat-in kitchens, and washer and dryer appliances. Additional property features include basement and storage space, a porch, electric ovens, refrigerators, ceiling fans, asphalt shingle roofing, public water, and public sewer.

The property includes two additional garages, creating four income-producing components. It is located at 311 Jefferson Street in Plymouth Meeting, Montgomery County, Pennsylvania, within ZIP Code 19462.

Key Highlights

  • Duplex measures 2,295 square feet on a 0.15‑acre lot
  • Two residential units: 3 bedrooms/1.5 baths and 2 bedrooms/1 bath
  • Two additional garages provide four income‑producing components

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$33,346
Cap Rate
5.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$666,920 $666.9K
Cap Rate 7%
$476,371 $476.4K
Cap Rate 9%
$370,511 $370.5K
Market Conditions
NOI Build-Up for 2,295 SF
Gross rent
$50.9K $22.20/SF
− Vacancy
−$3.3K −$1.44/SF
EGI
$47.6K $20.76/SF
− OpEx
−$14.3K −$6.23/SF
NOI
$33.3K $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%
$666,920
Cap Rate 7%
$476,371
Cap Rate 9%
$370,511

Alternative Uses

Best Use
Multifamily LT 5
$476.4K
$416.8K – $555.8K (±1% cap)
NOI $33,346 @ 7.0% cap · market cap 5.70%
Second Best
Apartment 5plus
$442.9K
$387.6K – $516.8K (±1% cap)
NOI $31,006 @ 7.0% cap · market cap 5.30%
Theoretical Best
Specialty Retail
$1.32M
$1.16M – $1.54M (±1% cap)
NOI $92,408 @ 7.0% cap · market cap 15.80%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

472
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Income-producing duplex with two residential units, separate garages, and included laundry appliances.
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: Duplex measures 2,295 square feet on a 0.15‑acre lot; Two residential units: 3 bedrooms/1.5 baths and 2 bedrooms/1 bath; Two additional garages provide four income‑producing components
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