2-Unit Brick
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 Market11
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
(610) 373-8701
Added: Oct 13
Changed: Oct 21
Last Checked: Oct 23 at 3:06PM
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.
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Investment Insights
Based on property information with market context.
This 1,378-square-foot duplex is a brick corner building constructed in 1870. Its two apartments comprise a one-bedroom, one-bath unit and a two-bedroom, one-bath unit. Interior features include wood-look flooring, ceiling fans, and kitchens equipped with black appliances and built-in microwaves. Central heating serves the property, and parking is on the street.
The building is in Pottstown Borough, a short distance from High Street shops, dining, and services. The 0.0549-acre parcel includes a basement. Both apartments are tenant occupied; showings are by appointment with 24-hour notice.
The building is in Pottstown Borough, a short distance from High Street shops, dining, and services. The 0.0549-acre parcel includes a basement. Both apartments are tenant occupied; showings are by appointment with 24-hour notice.
Key Highlights
- Two occupied apartments: one unit with 1 bedroom and 1 bath; the other with 2 bedrooms and 1 bath
- 1,378‑square‑foot brick corner building, constructed in 1870
- Kitchens feature black appliances and built‑in microwaves
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
NOI $20,022 @ 7.0% cap · market cap 8.34%
Second Best
Apartment 5plus
$266.0K
$232.7K – $310.3K
NOI $18,617 @ 7.0% cap · market cap 7.76%
Theoretical Best
Specialty Retail
$792.6K
$693.6K – $924.8K
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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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,121
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two apartments offer a one-bedroom layout and a separate two-bedroom configuration, with both units tenant occupied.
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 occupied apartments: one unit with 1 bedroom and 1 bath; the other with 2 bedrooms and 1 bath; 1,378‑square‑foot brick corner building, constructed in 1870; Kitchens feature black appliances and built‑in microwaves
