Two-Unit Duplex with Separate
341 PIGEON CREEK ROAD, Pottstown, PA 19465
For Sale
New
$409,900
A separate one-bedroom residence has a private entrance, kitchen, full bath, and dedicated laundry closet.
Property Size1,680 SF
Lot Size1.00 Acre
Price / SF$243.99
Days on Market5
Property Features for 341 PIGEON CREEK ROAD
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Building Details
Year Built
Buildings
Tenancy
Listing Agency:
Keller Williams Real Estate -Exton
(610) 363-4300
Listed By:
Lauren A Wolfgang Bauer · License #RS291648
(610) 223-0796
Source:
Cummingsrealtors
Added: Nov 4
Changed: Nov 7
Last Checked: Nov 7 at 2:02PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Real Estate -Exton
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Investment Insights
Based on property information with market context.
This 1,680-square-foot duplex on a 1-acre lot contains two residences. The main home has three bedrooms, a living room, dining room, kitchen, and family room with a stone fireplace. A partially finished basement adds usable space, laundry, and a full bathroom, with access to the driveway. The second residence is a one-bedroom apartment with a private entrance, kitchen, living room, full bathroom, and laundry closet.
The property is fully rented and has a septic system installed in 2023. Built in 1964, the duplex offers distinct layouts across the two units, with laundry facilities in both residences.
The property is fully rented and has a septic system installed in 2023. Built in 1964, the duplex offers distinct layouts across the two units, with laundry facilities in both residences.
Key Highlights
- Two residences occupy a 1‑acre property
- 1,680‑square‑foot duplex built in 1964
- Three‑bedroom main home and separate one‑bedroom apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,305
Cap Rate
4.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$386,100
$386.1K
Cap Rate 7%
$275,786
$275.8K
Cap Rate 9%
$214,500
$214.5K
Market Conditions
NOI Build-Up for 1,680 SF
Gross rent
$32.3K $19.20/SF
− Vacancy
−$4.7K −$2.78/SF
EGI
$27.6K $16.42/SF
− OpEx
−$8.3K −$4.92/SF
NOI
$19.3K $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 Rate 5%
$386,100
Cap Rate 7%
$275,786
Cap Rate 9%
$214,500
Alternative Uses
Best Use
Multifamily LT 5
$275.8K
$241.3K – $321.8K
NOI $19,305 @ 7.0% cap · market cap 4.71%
Second Best
Apartment 5plus
$260.2K
$227.7K – $303.6K
NOI $18,217 @ 7.0% cap · market cap 4.44%
Theoretical Best
Office A
$509.4K
$445.7K – $594.3K
NOI $35,655 @ 7.0% cap · market cap 8.70%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
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Business Placement
Demographics for 19465, PA
18,217
Population
7,490
Households
2.4
Avg Household Size
43
Median Age
42%
College-Educated
96%
High-School Grad
35.5 sq mi
ZIP Area
513
Density / Sq Mi
$106,167
Median Household Income
$56,676
Median Earnings
$1,421
Median Rent
$383,300
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Chester County, PA
Properties on Market for Duplexes in Chester County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A separate one-bedroom residence has a private entrance, kitchen, full bath, and dedicated laundry closet.
Where is this duplex located?
The property is located at 341 PIGEON CREEK ROAD Pottstown, PA.
What is the asking price?
The asking price for this property is $409,900.
What are key features of this property?
This property features: Two residences occupy a 1‑acre property; 1,680‑square‑foot duplex built in 1964; Three‑bedroom main home and separate one‑bedroom apartment
