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All-Brick 7-Unit Multifamily
For Sale
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402 Washington Ave, Sellersville, PA 18960

All-brick 7-unit building with renovated kitchens and baths, upgraded systems, and on-site driveway parking.

Property SizeContact for details
Days on Market122

Property Features for 402 Washington Ave

General Information

Standard status Active
Total Parking Spaces 8
Property subtype Multifamily

Additional Details

Cap Rate 8.47%
Multifamily Units 7

Building Details

Tenancy Multi
Listing Agency: eXp Commercial
Listed By: James Reardon · License #PA RS337438
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 5:18PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Commercial

Investment Insights

Based on property information with market context.

This all-brick, 7-unit multifamily property has been recently improved with a range of upgrades throughout. Reported improvements include repointed brick, 18+ new windows, new electric, new flooring, fresh paint, and brand-new baseboard heaters installed in all units. Additional updates include an updated roof, all-new electric water heaters for all seven units, and remodeled kitchens and bathrooms in almost all units. The unit mix includes five large 1BR/1BA units, one 2BR/1BA unit, and one very large 3-story 3BR/2BA unit.

The property sits on a corner lot with private back and side yards and provides eight parking spaces in the driveway.

Value-add items mentioned include charging for parking and adding coin-operated laundry. The building also notes a construction period in preparation for sale.

Key Highlights

  • All‑brick 7‑unit multi‑family property with private back and side yards on a corner lot
  • Five 1BR/1BA units, one 2BR/1BA unit, and one very large 3‑story 3BR/2BA unit
  • Upgrades include re‑pointed brick, 18+ new windows, fresh paint, new flooring, and new baseboard heaters in all units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Hair Salon Bakery Auto Parts Store

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

7
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

764
Businesses Nearby

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

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?
Apartment building - All-brick 7-unit building with renovated kitchens and baths, upgraded systems, and on-site driveway parking.
Where is this apartment building located?
The property is located at 402 Washington Ave Sellersville, PA.
What are key features of this property?
This property features: All‑brick 7‑unit multi‑family property with private back and side yards on a corner lot; Five 1BR/1BA units, one 2BR/1BA unit, and one very large 3‑story 3BR/2BA unit; Upgrades include re‑pointed brick, 18+ new windows, fresh paint, new flooring, and new baseboard heaters in all units
(888) 397-7352 Call to check price and availability
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