Side-by-Side Duplex with Finished
For Sale
$649,900
420 Fort Washington Ave, Fort Washington, PA 19034
Two separate residences provide private entries, laundry, kitchens, and flexible lower-level space.
Property Size2,048 SF
Price / SF$317.33
Days on Market48
Property Features for 420 Fort Washington Ave
General Information
Standard status
Active
Size
2,048 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Amenities
in-unit laundry
finished basement
off-street parking
Building Details
Year Built
1971
Buildings
1
Construction
brick
Listing Agency:
Real of Pennsylvania
Listed By:
John Lee · License #RS348062
(267) 371-3920
Source:
Upgradebymichaud
Added: Sep 12
Changed: Oct 25
Last Checked: Oct 28 at 11:01AM
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 Real of Pennsylvania
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Investment Insights
Based on property information with market context.
This side-by-side duplex contains two residences within a 2,048-square-foot property built in 1971. Each unit has a separate front entrance, living area, kitchen, in-unit laundry, and finished basement space that can support office, guest, recreation, or storage needs. The building has a brick exterior, updated windows, and abundant natural light.
Unit A is occupied through the end of July, while Unit B is vacant. Major building systems include a roof approximately 3 years old, HVAC systems replaced about 3 years ago, and windows replaced approximately 5 years ago. The washer and dryer are about 2 to 3 years old. A driveway provides off-street parking, and the property is located at 420 Fort Washington Ave in Fort Washington, Pennsylvania.
Unit A is occupied through the end of July, while Unit B is vacant. Major building systems include a roof approximately 3 years old, HVAC systems replaced about 3 years ago, and windows replaced approximately 5 years ago. The washer and dryer are about 2 to 3 years old. A driveway provides off-street parking, and the property is located at 420 Fort Washington Ave in Fort Washington, Pennsylvania.
Key Highlights
- 2,048‑square‑foot side‑by‑side duplex built in 1971
- Separate front entrances for both residences
- Finished basements provide additional flex, office, guest, recreation, or storage space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,757
Cap Rate
4.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$595,140
$595.1K
Cap Rate 7%
$425,100
$425.1K
Cap Rate 9%
$330,633
$330.6K
Market Conditions
NOI Build-Up for 2,048 SF
Gross rent
$45.5K $22.20/SF
− Vacancy
−$3.0K −$1.44/SF
EGI
$42.5K $20.76/SF
− OpEx
−$12.8K −$6.23/SF
NOI
$29.8K $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%
$595,140
Cap Rate 7%
$425,100
Cap Rate 9%
$330,633
Alternative Uses
Best Use
Multifamily LT 5
$425.1K
$372.0K – $496.0K
NOI $29,757 @ 7.0% cap · market cap 4.58%
Second Best
Apartment 5plus
$395.3K
$345.9K – $461.2K
NOI $27,669 @ 7.0% cap · market cap 4.26%
Theoretical Best
Specialty Retail
$1.18M
$1.03M – $1.37M
NOI $82,462 @ 7.0% cap · market cap 12.69%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
690
Businesses Nearby
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Business Placement
Demographics for 19034, PA
6,685
Population
2,613
Households
2.6
Avg Household Size
44
Median Age
62%
College-Educated
96%
High-School Grad
7.1 sq mi
ZIP Area
942
Density / Sq Mi
$164,531
Median Household Income
$75,222
Median Earnings
$1,523
Median Rent
$611,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences provide private entries, laundry, kitchens, and flexible lower-level space.
Where is this duplex located?
The property is located at 420 Fort Washington Ave Fort Washington, PA.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: 2,048‑square‑foot side‑by‑side duplex built in 1971; Separate front entrances for both residences; Finished basements provide additional flex, office, guest, recreation, or storage space
