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Duplex with Updated Interiors
New
For Sale
$240,000

401 CHESTNUT Street, Pottstown, PA 19464

Multi-Family, POTTSTOWN, PA

Property Size1,378 SF
Lot Size0.05 Acres
Price / SF$174.17
Days on Market2

Property Features for 401 CHESTNUT Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Parking features On Street
Elementary school district POTTSTOWN
Middle school district POTTSTOWN
High school district POTTSTOWN
Standard status Active
Size 1,378 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 2352

Utilities

Heating system Central

Building Details

Year built 1870
Number of units 2
Building materials Brick
Architectural style Other
Listing Agency: Bold Realty
Listed By: Trent L Stauffer · License #RM422216
Added: Oct 13 Last Checked: Oct 14 at 5:06AM
MLS# PAMC2197320

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.

Investment Insights

Based on property information with market context.

This 1,378-square-foot brick duplex dates to 1870 and contains two tenant-occupied apartments. One unit has one bedroom and one bathroom; the other has two bedrooms and one bathroom. Updated interiors include wood-look flooring, ceiling fans, and kitchens equipped with black appliances and built-in microwaves. Central heating serves the building, and on-street parking is available.

The corner property sits within walking distance of High Street shops, restaurants, and services. Its lot measures 0.0549 acres.

Key Highlights

  • Two apartments: one with 1 bedroom and 1 bathroom; the other with 2 bedrooms and 1 bathroom
  • 1,378 square feet in a brick corner building
  • Updated interiors with wood‑look flooring and ceiling fans

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,022
Cap Rate
8.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$400,440 $400.4K
Cap Rate 7%
$286,029 $286.0K
Cap Rate 9%
$222,467 $222.5K
Market Conditions
NOI Build-Up for 1,378 SF
Gross rent
$30.6K $22.20/SF
− Vacancy
−$2.0K −$1.44/SF
EGI
$28.6K $20.76/SF
− OpEx
−$8.6K −$6.23/SF
NOI
$20.0K $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%
$400,440
Cap Rate 7%
$286,029
Cap Rate 9%
$222,467

Alternative Uses

Best Use
Multifamily LT 5
$286.0K
$250.3K – $333.7K (±1% cap)
NOI $20,022 @ 7.0% cap · market cap 8.34%
Second Best
Apartment 5plus
$266.0K
$232.7K – $310.3K (±1% cap)
NOI $18,617 @ 7.0% cap · market cap 7.76%
Theoretical Best
Specialty Retail
$792.6K
$693.6K – $924.8K (±1% cap)
NOI $55,485 @ 7.0% cap · market cap 23.12%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Locksmith Catering Service Tech Support Center Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,121
Businesses Nearby

Demographics for 19464, PA

48,409
Population
19,985
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
91%
High-School Grad
25.6 sq mi
ZIP Area
1,891
Density / Sq Mi
$76,338
Median Household Income
$44,888
Median Earnings
$1,226
Median Rent
$231,700
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two occupied apartments offer one- and two-bedroom layouts, each with one bathroom.
Where is this duplex located?
The property is located at 401 CHESTNUT Street Pottstown, PA.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Two apartments: one with 1 bedroom and 1 bathroom; the other with 2 bedrooms and 1 bathroom; 1,378 square feet in a brick corner building; Updated interiors with wood‑look flooring and ceiling fans
More about this property
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