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Turn-Key Duplex in Upper Merion

414 Church Street King of Prussia, PA 19406

414 Church Street, King of Prussia, PA, 19406
$609,900
For Sale
Claim this Listing
$609,900

Fully occupied duplex with strong rental history and updated interiors.

Property Size2,128 SF
Price / SF$286.61
AddedMar 26
Days on Market112
Last RefreshJul 5 at 12:13 pm

Property Features for 414 Church Street

General Information

Standard status
Active
Size
2,128 SF
Property subtype
Multi-Family / Fee Simple

Building Details

Year Built
1946

Listing office EveryHome Realtors

Listing date Mar 26, 2026

Source Compass

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 EveryHome Realtors


Investment Insights

Based on property information with market context.

This turn-key, fully occupied duplex presents a rare opportunity in a prime Upper Merion location. The property generates $50,484 in annual rental income. The first-floor unit includes 3 bedrooms, while the second-floor unit features 2 bedrooms. Each unit has its own dedicated basement storage area and access to shared laundry facilities. Both units feature updated kitchens and bathrooms, newer upgraded countertops, and durable vinyl plank flooring. Utilities are separately metered, with tenants responsible for gas and electric, while the landlord covers water and sewer. Major improvements include a roof replacement in 2019 and a new water heater installed in 2019. Located in the Upper Merion School District, the property benefits from strong and consistent rental demand. The property offers an estimated 6.7% cap rate based on the seller’s reported 2025 operating expenses and gross income, with both units currently leased. The property size is 2128 square feet and is located in Upper Merion Township, Montgomery County.

Key Highlights

  • Fully occupied duplex generating $50,484 annual income with an estimated 6.7% cap rate.
  • Located in the highly desirable Upper Merion School District.
  • Updated kitchens and bathrooms with newer countertops and durable vinyl plank flooring.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $47.2k $22.20
− Vacancy −$3.1k −$1.44
EGI $44.2k $20.76
− OpEx −$13.3k −$6.23
NOI $30.9k $14.53
2,128 SF · lease $22.20/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$441.7K
$386.5K – $515.3K (±1% cap)
NOI $30,920 @ 7.0% cap · market cap 5.07%
Second Best
Apartment 5plus
$410.7K
$359.4K – $479.2K (±1% cap)
NOI $28,750 @ 7.0% cap · market cap 4.71%
Theoretical Best
Specialty Retail
$1.22M
$1.07M – $1.43M (±1% cap)
NOI $85,683 @ 7.0% cap · market cap 14.05%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage (Bike/Boat/Book/etc) Store Locksmith Veterinary Clinic Furniture & Home Goods (Bike/Boat/Book/etc) Store Daycare Center Butcher (Bike/Boat/Book/etc) Store Florist

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Fully occupied duplex with strong rental history and updated interiors.
Where is this duplex located?
The property is located at 414 Church Street King of Prussia, PA.
What is the asking price?
The asking price for this property is $609,900.
What are key features of this property?
This property features: Fully occupied duplex generating $50,484 annual income with an estimated 6.7% cap rate.; Located in the highly desirable Upper Merion School District.; Updated kitchens and bathrooms with newer countertops and durable vinyl plank flooring.
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