Three-Unit Triplex with
For Sale
$679,900
350 ELMHURST Avenue, Sellersville, PA 18960
Multi-Family, SELLERSVILLE, PA
Property Size3,360 SF
Lot Size0.41 Acres
Price / SF$202.35
Days on Market144
Property Features for 350 ELMHURST Avenue
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Rooms
Basement
Parking
10
Parking features
Garage - Attached, Driveway
Fireplace
1
Elementary school district
PENNRIDGE
Middle school district
PENNRIDGE
High school district
PENNRIDGE
Standard status
Active
Size
3,360 SF
Lot size
0.41 Acres
Taxes and HOA fees
Tax Annual Amount
7937
Utilities
Heating system
Baseboard, Electric (Heating)
Cooling system
Ceiling Fan(s)
Building Details
Year built
1990
Number of units
3
Building materials
Frame, Brick, Vinyl Siding
Architectural style
Other
Listing Agency:
Realty Mark Associates
(215) 376-4444
Listed By:
Nisan Miah · License #RS375158
(267) 399-6225
Added: May 30
Changed: Oct 20
Last Checked: Oct 20 at 10:06PM
MLS# PABU2121854
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.
This 3,360-square-foot triplex contains three occupied apartments. The first-floor unit has two bedrooms, hardwood floors, a brick fireplace, a galley kitchen, and access to the front porch. It also includes an attached garage and basement access with washer and dryer hookups. A second apartment mirrors the first-floor layout, with two bedrooms, carpeting, ceiling fans, a galley kitchen, and a full bath. Above the garage, the third unit offers one bedroom, a walk-in closet, and an in-unit washer and dryer.
The 0.4132-acre property has a driveway with parking for up to 8 vehicles, public water and sewer, and access to shopping, schools, a library, and major commuter routes. Township approval has been obtained to convert the garage into an additional two-bedroom unit.
The 0.4132-acre property has a driveway with parking for up to 8 vehicles, public water and sewer, and access to shopping, schools, a library, and major commuter routes. Township approval has been obtained to convert the garage into an additional two-bedroom unit.
Key Highlights
- Three occupied apartments in a 3,360‑square‑foot building
- Unit mix includes two two‑bedroom apartments and one one‑bedroom apartment
- Township approval to convert the garage into an additional two‑bedroom unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,602
Cap Rate
6.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$832,040
$832.0K
Cap Rate 7%
$594,314
$594.3K
Cap Rate 9%
$462,244
$462.2K
Market Conditions
NOI Build-Up for 3,360 SF
Gross rent
$78.2K $23.28/SF
− Vacancy
−$2.6K −$0.77/SF
EGI
$75.6K $22.51/SF
− OpEx
−$34.0K −$10.13/SF
NOI
$41.6K $12.38/SF
Area
Bucks County, PA
Vacancy
3.30%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$832,040
Cap Rate 7%
$594,314
Cap Rate 9%
$462,244
Alternative Uses
Best Use
Apartment 5plus
$594.3K
$520.0K – $693.4K
NOI $41,602 @ 7.0% cap · market cap 6.12%
Second Best
Multifamily LT 5
$569.5K
$498.3K – $664.5K
NOI $39,867 @ 7.0% cap · market cap 5.86%
Theoretical Best
Office A
$1.02M
$891.4K – $1.19M
NOI $71,310 @ 7.0% cap · market cap 10.49%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
324
Businesses Nearby
Explore this area
Business Placement
Demographics for 18960, PA
13,561
Population
5,264
Households
2.6
Avg Household Size
44
Median Age
40%
College-Educated
96%
High-School Grad
19.1 sq mi
ZIP Area
710
Density / Sq Mi
$103,594
Median Household Income
$52,215
Median Earnings
$1,361
Median Rent
$373,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three occupied apartments include a two-bedroom layout on the first floor and a one-bedroom unit above the garage.
Where is this triplex located?
The property is located at 350 ELMHURST Avenue Sellersville, PA.
What is the asking price?
The asking price for this property is $679,900.
What are key features of this property?
This property features: Three occupied apartments in a 3,360‑square‑foot building; Unit mix includes two two‑bedroom apartments and one one‑bedroom apartment; Township approval to convert the garage into an additional two‑bedroom unit
