Brick Duplex with Detached
For Sale
$429,900
401 LANCASTER, Shillington, PA 19607
Multi-Family, SHILLINGTON, PA
Property Size2,950 SF
Lot Size0.15 Acres
Price / SF$145.73
Days on Market158
Property Features for 401 LANCASTER
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking
2
Parking features
Driveway, Garage - Detached
Interior features
Built-Ins, Kitchen - Eat-In, Store/Office, Wood Floors
Appliances
Dishwasher, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Hookups Only, WaterHeater
Subdivision
NONE AVAILABLE
Elementary school district
GOVERNOR MIFFLIN
Middle school district
GOVERNOR MIFFLIN
High school district
GOVERNOR MIFFLIN
Standard status
Active
Size
2,950 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Annual Amount
6125
Utilities
Heating system
Hot Water(Heating)
Cooling system
Central Air
Building Details
Year built
1929
Number of units
2
Building materials
Brick
Architectural style
Colonial
Listing Agency:
Springer Realty Group
(484) 498-4000
Listed By:
Mario A Di Nenna · License #RS336165
(610) 396-7048
Added: May 6
Changed: Oct 5
Last Checked: Oct 10 at 5:06PM
MLS# PABK2071796
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 2,950-square-foot Colonial duplex combines a character-rich primary residence with a separate rear apartment. Built in 1929, the brick property features original hardwood flooring, an eat-in kitchen, formal dining room, living room with a brick gas fireplace, and a remodeled walk-up attic bedroom with 11-foot ceilings. The main residence includes four additional bedrooms and a full bath, while the rear unit provides three bedrooms, one bath, a kitchen, and living area. Recent improvements include new LVP flooring, doors, and interior paint.
A dedicated office has a separate outside entrance and is suitable for limited commercial use under the property’s zoning. Exterior amenities include a private stone courtyard, dual balconies, and a detached brick two-car garage with its own driveway. Central air, gas radiant heat, mini-splits, and the fireplace provide multiple heating and cooling sources. The property is positioned across from Governor Mifflin High School and within walking distance of the community pool, parks, shopping, and schools.
A dedicated office has a separate outside entrance and is suitable for limited commercial use under the property’s zoning. Exterior amenities include a private stone courtyard, dual balconies, and a detached brick two-car garage with its own driveway. Central air, gas radiant heat, mini-splits, and the fireplace provide multiple heating and cooling sources. The property is positioned across from Governor Mifflin High School and within walking distance of the community pool, parks, shopping, and schools.
Key Highlights
- 2,950‑square‑foot duplex on a 0.15‑acre lot
- Primary residence with four bedrooms plus a remodeled attic bedroom with 11‑foot ceilings
- Separate rear apartment includes three bedrooms, one bath, kitchen, and living area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,083
Cap Rate
6.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$581,660
$581.7K
Cap Rate 7%
$415,471
$415.5K
Cap Rate 9%
$323,144
$323.1K
Market Conditions
NOI Build-Up for 2,950 SF
Gross rent
$43.2K $14.64/SF
− Vacancy
−$1.6K −$0.56/SF
EGI
$41.5K $14.08/SF
− OpEx
−$12.5K −$4.23/SF
NOI
$29.1K $9.86/SF
Area
Berks County, PA
Vacancy
3.80%
Lease Rate
$14.64 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$581,660
Cap Rate 7%
$415,471
Cap Rate 9%
$323,144
Alternative Uses
Best Use
Multifamily LT 5
$415.5K
$363.5K – $484.7K
NOI $29,083 @ 7.0% cap · market cap 6.77%
Second Best
Apartment 5plus
$363.1K
$317.8K – $423.7K
NOI $25,420 @ 7.0% cap · market cap 5.91%
Theoretical Best
Office A
$484.3K
$423.7K – $565.0K
NOI $33,899 @ 7.0% cap · market cap 7.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
541
Businesses Nearby
Explore this area
Business Placement
Demographics for 19607, PA
23,431
Population
10,177
Households
2.3
Avg Household Size
42
Median Age
31%
College-Educated
94%
High-School Grad
11.2 sq mi
ZIP Area
2,092
Density / Sq Mi
$80,550
Median Household Income
$46,953
Median Earnings
$1,283
Median Rent
$210,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate living areas plus an office with its own exterior entrance support flexible residential and limited commercial use.
Where is this duplex located?
The property is located at 401 LANCASTER Shillington, PA.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: 2,950‑square‑foot duplex on a 0.15‑acre lot; Primary residence with four bedrooms plus a remodeled attic bedroom with 11‑foot ceilings; Separate rear apartment includes three bedrooms, one bath, kitchen, and living area
