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    Brick Duplex with Two Rental Units Title is generated by Realmo AI

    68 E FAIRVIEW Avenue, Sellersville, PA 18960

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    New
    For Sale
    $409,000

    MULTI_FAMILY - SELLERSVILLE, PA

    Property size:
    1,744 SF
    Lot size:
    0.23 Acres
    Price / SF:
    $234/SF
    Added:
    Jun 5, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 5 at 6:06 am

    Property Features for 68 E FAIRVIEW Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Basement, Family Room
    Parking
    3
    Parking features
    Parking Lot, Garage - Detached
    Interior features
    Floor Plan - Traditional, Family Room Off Kitchen, Kitchen - Country, Kitchen - Eat-In, Window Treatments
    Appliances
    Refrigerator, Stove, Washer/Dryer Hookups Only, WaterHeater
    Standard status
    Active
    Size
    1,744 SF
    Lot size
    0.23 Acres

    Taxes and HOA fees

    Tax Annual Amount
    3836

    Utilities

    Heating system
    Baseboard, Hot Water(Heating)

    Building Details

    Year built
    1920
    Number of units
    2
    Building materials
    Brick

    We can help!

    Listing Contact
    Lynne Benson
    Lynne Benson

    Listing agent Lynne Benson License #RS300296

    Listing office Keller Williams Real Estate-Doylestown 259 S Veterans Lane unit: 101, DOYLESTOWN, PA

    Listing date Jun 5, 2026

    MLS# PABU2123174 Listing URL

    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.

    HighLights

    • Brick duplex in Sellersville Borough with a 3‑bedroom unit on the second floor and a 1‑bedroom unit on the first floor
    • Second‑floor unit includes an updated eat‑in kitchen, laundry/mudroom with washer/dryer hookups, and a spacious deck overlooking the backyard
    • Updated full bath and kitchen in the second‑floor unit with luxury vinyl flooring, updated cabinets, countertops, and appliances
    • First‑floor unit features a freshly renovated kitchen and full bath with washer/dryer hookup available, plus dining room, living room, and rear entrance
    • Natural gas heat with baseboard and hot water heating; detached garage plus crushed‑stone parking pad for two vehicles
    • Garage currently rented for $170/month; alley access with shed for extra storage (street parking available in front)

    Overview

    Brick duplex in Sellersville Borough with two residential units. The first-floor unit includes a dining room, living room, one bedroom, a freshly renovated kitchen, and a full bath, with washer/dryer hookups available. The second-floor unit features a 3-bedroom layout with an updated eat-in kitchen, a laundry/mudroom area with washer/dryer hookups, and an additional deck overlooking the backyard. Two bedrooms are located on the third floor. The second-floor unit has two entrances, including front and rear access, while the first-floor unit has a rear entrance. Interior finishes include updated full bath and kitchen elements and luxury vinyl flooring on the second-floor unit.

    Outdoor and parking amenities include a common area lawn, a garden area, a crushed-stone parking pad for two vehicles, and street parking at the front of the duplex. A garage and parking area are positioned behind the duplex and accessed from an alley; the garage is currently rented. A shed is available for additional storage.

    This property is well suited for owner-occupants seeking a “live in one, rent the other” setup or investors looking for two income-producing units with natural gas heat. An open house is scheduled for Sunday, June 7, 2026, from 1:00 to 3:00 PM, and the home is near Sellersville Borough destinations, shopping, and entertainment, with commuting access to Route 309. Pennridge School District.

    Local Financial Insights For Apartment 5plus

    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 $40.6k $23.28
    − Vacancy −$1.3k −$0.77
    EGI $39.3k $22.51
    − OpEx −$17.7k −$10.13
    NOI $21.6k $12.38
    1,744 SF · lease $23.28/SF/yr · vacancy 3.30% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $308.5K
    $269.9K – $359.9K (±1% cap)
    NOI $21,593 @ 7.0% cap · market cap 5.28%
    Second Best
    Multifamily LT 5
    $295.6K
    $258.7K – $344.9K (±1% cap)
    NOI $20,693 @ 7.0% cap · market cap 5.06%
    Theoretical Best
    Office A
    $528.8K
    $462.7K – $616.9K (±1% cap)
    NOI $37,013 @ 7.0% cap · market cap 9.05%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Sellersville
    County
    Bucks
    State
    Pennsylvania
    Longitude
    -75.3029404
    Latitude
    40.3534851

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    FAQs

    What type of property is this?
    Duplex - Brick duplex offers separate first- and second-floor layouts, with on-site parking and a rented garage.
    Where is this duplex located?
    The property is located at 68 E FAIRVIEW Avenue Sellersville, PA.
    What is the asking price?
    The asking price for this property is $409,000.
    What are key features of this property?
    This property features: Brick duplex in Sellersville Borough with a 3‑bedroom unit on the second floor and a 1‑bedroom unit on the first floor; Second‑floor unit includes an updated eat‑in kitchen, laundry/mudroom with washer/dryer hookups, and a spacious deck overlooking the backyard; Updated full bath and kitchen in the second‑floor unit with luxury vinyl flooring, updated cabinets, countertops, and appliances
    (215) 622-0747
    We can help!
    Listing Contact
    Lynne Benson
    Lynne Benson
    Real Estate License ID: RS300296
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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