Duplex with Finished Third
For Sale
Under Contract
$465,000
355 NUTT Road, Phoenixville, PA 19460
Multi-Family, PHOENIXVILLE, PA
Property Size1,924 SF
Lot Size0.09 Acres
Price / SF$241.68
Days on Market93
Property Features for 355 NUTT Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
On Street
Subdivision
NONE AVAILABLE
Elementary school district
PHOENIXVILLE AREA
Middle school district
PHOENIXVILLE AREA
High school district
PHOENIXVILLE AREA
Standard status
Active Under Contract
Size
1,924 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
3941
Utilities
Heating system
Forced Air
Building Details
Year built
1900
Number of units
2
Building materials
Combination
Architectural style
Colonial
Listing Agency:
RE/MAX Action Associates · RE/MAX International
(610) 363-2001
Listed By:
Jen Hewczuk · License #RS345320
(267) 253-5835
Added: Jul 28
Changed: Oct 21
Last Checked: Oct 28 at 3:06AM
MLS# PACT2131540
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 1,924-square-foot duplex, built in 1900, has two residences with separate laundry access in the basement. The first-floor apartment offers 2 bedrooms and 1 full bathroom, along with a new kitchen and flooring completed in 2026. The second residence spans multiple levels and includes 4 bedrooms and 2 full bathrooms; its finished third floor, completed in 2026, added two bedrooms and a full bathroom. A newer heating system was installed in 2023.
The property sits on 0.0868 acres at 355 Nutt Road in Phoenixville. Downtown restaurants, breweries, boutiques, parks, and entertainment are described as nearby. Parking is on street. One residence is rented through April 30, 2027, while the other is being offered for rent.
The property sits on 0.0868 acres at 355 Nutt Road in Phoenixville. Downtown restaurants, breweries, boutiques, parks, and entertainment are described as nearby. Parking is on street. One residence is rented through April 30, 2027, while the other is being offered for rent.
Key Highlights
- 1,924 square feet on a 0.0868‑acre lot
- Two residences: one with 2 bedrooms and 1 full bathroom; the other with 4 bedrooms and 2 full bathrooms
- Third floor finished in 2026, adding two bedrooms and a full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,109
Cap Rate
4.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$442,180
$442.2K
Cap Rate 7%
$315,843
$315.8K
Cap Rate 9%
$245,656
$245.7K
Market Conditions
NOI Build-Up for 1,924 SF
Gross rent
$36.9K $19.20/SF
− Vacancy
−$5.4K −$2.78/SF
EGI
$31.6K $16.42/SF
− OpEx
−$9.5K −$4.92/SF
NOI
$22.1K $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%
$442,180
Cap Rate 7%
$315,843
Cap Rate 9%
$245,656
Alternative Uses
Best Use
Multifamily LT 5
$315.8K
$276.4K – $368.5K
NOI $22,109 @ 7.0% cap · market cap 4.75%
Second Best
Apartment 5plus
$298.0K
$260.8K – $347.7K
NOI $20,863 @ 7.0% cap · market cap 4.49%
Theoretical Best
Office A
$583.3K
$510.4K – $680.6K
NOI $40,834 @ 7.0% cap · market cap 8.78%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,581
Businesses Nearby
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Business Placement
Demographics for 19460, PA
43,611
Population
18,881
Households
2.3
Avg Household Size
40
Median Age
58%
College-Educated
96%
High-School Grad
34.5 sq mi
ZIP Area
1,264
Density / Sq Mi
$120,472
Median Household Income
$65,879
Median Earnings
$1,622
Median Rent
$426,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A renovated first-floor kitchen and finished upper level provide distinct layouts across the two residences.
Where is this duplex located?
The property is located at 355 NUTT Road Phoenixville, PA.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: 1,924 square feet on a 0.0868‑acre lot; Two residences: one with 2 bedrooms and 1 full bathroom; the other with 4 bedrooms and 2 full bathrooms; Third floor finished in 2026, adding two bedrooms and a full bathroom
