Two-Unit Duplex with Rear
New
For Sale
$250,000
443 W 2ND Avenue, Parkesburg, PA 19365
Multi-Family, PARKESBURG, PA
Property Size1,466 SF
Lot Size0.10 Acres
Price / SF$170.53
Days on Market1
Property Features for 443 W 2ND Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
On Street
Interior features
Wood Floors
Appliances
Oven/Range - Electric
Elementary school district
OCTORARA AREA
Middle school district
OCTORARA AREA
High school district
OCTORARA AREA
Standard status
Active
Size
1,466 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
4484
Utilities
Heating system
Hot Water(Heating), Electric (Heating), Baseboard
Amenities
laundry room
screened side porch
rear deck
shed
Building Details
Year built
1890
Number of units
2
Building materials
Aluminum Siding
Architectural style
Colonial
Listing Agency:
Keller Williams Real Estate -Exton · Keller Williams Realty
(610) 363-4300
Listed By:
Todd Reed · License #AB046808L
(610) 570-5864
Added: Oct 16
Last Checked: Oct 16 at 1:06PM
MLS# PACT2137128
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 1,466-square-foot Colonial duplex, built in 1890, contains two residences on a 0.1034-acre corner lot. The first-floor unit has a living room, eat-in kitchen, updated bathroom, two bedrooms, and a walk-in closet; access to the second bedroom passes through the main bedroom. A basement laundry room and screened side porch are also accessible from this unit. The upper-floor residence has a remodeled kitchen, living room, bedroom, and full bathroom, with access to a walk-up attic that is not heated. Wood flooring appears in several rooms, and most of the property has been repainted recently.
Outdoor features include a rear deck and a 10-by-15-foot shed. Parking is on street.
Outdoor features include a rear deck and a 10-by-15-foot shed. Parking is on street.
Key Highlights
- Two residential units in a 1,466‑square‑foot Colonial built in 1890
- 0.1034‑acre corner lot with rear deck
- First‑floor unit includes two bedrooms, a walk‑in closet, and basement laundry access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,846
Cap Rate
6.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$336,920
$336.9K
Cap Rate 7%
$240,657
$240.7K
Cap Rate 9%
$187,178
$187.2K
Market Conditions
NOI Build-Up for 1,466 SF
Gross rent
$28.1K $19.20/SF
− Vacancy
−$4.1K −$2.78/SF
EGI
$24.1K $16.42/SF
− OpEx
−$7.2K −$4.92/SF
NOI
$16.8K $11.49/SF
Area
Chester County, PA
Vacancy
14.50%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$336,920
Cap Rate 7%
$240,657
Cap Rate 9%
$187,178
Alternative Uses
Best Use
Multifamily LT 5
$240.7K
$210.6K – $280.8K
NOI $16,846 @ 7.0% cap · market cap 6.74%
Second Best
Apartment 5plus
$227.1K
$198.7K – $264.9K
NOI $15,896 @ 7.0% cap · market cap 6.36%
Theoretical Best
Office A
$444.5K
$388.9K – $518.6K
NOI $31,113 @ 7.0% cap · market cap 12.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
226
Businesses Nearby
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Business Placement
Demographics for 19365, PA
7,410
Population
2,818
Households
2.6
Avg Household Size
38
Median Age
30%
College-Educated
89%
High-School Grad
16.5 sq mi
ZIP Area
449
Density / Sq Mi
$92,137
Median Household Income
$48,065
Median Earnings
$1,256
Median Rent
$300,000
Median Home Value
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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 - Separate upper- and lower-floor residences include remodeled kitchens and wood flooring.
Where is this duplex located?
The property is located at 443 W 2ND Avenue Parkesburg, PA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two residential units in a 1,466‑square‑foot Colonial built in 1890; 0.1034‑acre corner lot with rear deck; First‑floor unit includes two bedrooms, a walk‑in closet, and basement laundry access
