4-Unit Apartment
New
For Sale
$890,000
8 HILLSIDE Street, Mohnton, PA 19540
Multi-Family, MOHNTON, PA
Property Size4,272 SF
Lot Size0.69 Acres
Price / SF$208.33
Days on Market4
Property Features for 8 HILLSIDE Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Parking features
Off Street, Driveway
Elementary school district
GOVERNOR MIFFLIN
Middle school district
GOVERNOR MIFFLIN
High school district
GOVERNOR MIFFLIN
Standard status
Active
Size
4,272 SF
Lot size
0.69 Acres
Taxes and HOA fees
Tax Annual Amount
6526
Utilities
Heating system
Electric (Heating), Forced Air, Baseboard
Cooling system
Ductless
Building Details
Year built
1900
Number of units
4
Building materials
Concrete, Frame, Stone
Architectural style
Other
Listing Agency:
Stoltzfus Realtors
(610) 286-5117
Listed By:
Keith A DeWalt · License #RS-200807-L
(610) 476-1034
Added: Oct 28
Last Checked: Oct 31 at 12:06AM
MLS# PABK2079914
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 four-unit apartment property in Mohnton, Pennsylvania, contains 4,272 square feet on a 0.69-acre parcel. Two apartments were added in 2022, and the other units have been updated. The building dates to 1900 and includes additional building area.
Construction materials include concrete, frame, and stone. Heating is provided by electric systems with forced-air and baseboard components; cooling is ductless. Off-street parking and a driveway are available.
Construction materials include concrete, frame, and stone. Heating is provided by electric systems with forced-air and baseboard components; cooling is ductless. Off-street parking and a driveway are available.
Key Highlights
- Four‑unit apartment property with 4,272 square feet
- 0.69‑acre parcel
- Two units date to 2022; the remaining units have been updated
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,116
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$842,320
$842.3K
Cap Rate 7%
$601,657
$601.7K
Cap Rate 9%
$467,956
$468.0K
Market Conditions
NOI Build-Up for 4,272 SF
Gross rent
$62.5K $14.64/SF
− Vacancy
−$2.4K −$0.56/SF
EGI
$60.2K $14.08/SF
− OpEx
−$18.0K −$4.23/SF
NOI
$42.1K $9.86/SF
Area
Berks County, PA
Vacancy
3.80%
Lease Rate
$14.64 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$842,320
Cap Rate 7%
$601,657
Cap Rate 9%
$467,956
Alternative Uses
Best Use
Multifamily LT 5
$601.7K
$526.5K – $701.9K
NOI $42,116 @ 7.0% cap · market cap 4.73%
Second Best
Apartment 5plus
$525.9K
$460.2K – $613.5K
NOI $36,812 @ 7.0% cap · market cap 4.14%
Theoretical Best
Office A
$701.3K
$613.6K – $818.2K
NOI $49,090 @ 7.0% cap · market cap 5.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
182
Businesses Nearby
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Business Placement
Demographics for 19540, PA
11,861
Population
4,515
Households
2.6
Avg Household Size
46
Median Age
32%
College-Educated
93%
High-School Grad
35.2 sq mi
ZIP Area
337
Density / Sq Mi
$96,066
Median Household Income
$49,889
Median Earnings
$999
Median Rent
$290,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Two apartments date to 2022, while the other units have undergone recent updates.
Where is this quadplex located?
The property is located at 8 HILLSIDE Street Mohnton, PA.
What is the asking price?
The asking price for this property is $890,000.
What are key features of this property?
This property features: Four‑unit apartment property with 4,272 square feet; 0.69‑acre parcel; Two units date to 2022; the remaining units have been updated
