Duplex with Finished
New
For Sale
$450,000
914 HAMNER ALLEY, Phoenixville, PA 19460
SINGLE_FAMILY - PHOENIXVILLE, PA
Property Size2,468 SF
Price / SF$182.33
Days on Market4
Property Features for 914 HAMNER ALLEY
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 3, Bedroom 1, Bedroom 2
Subdivision
FILLMORE VILLAGE
Standard status
Active
Size
2,468 SF
Amenities
rear deck
wet bar
gym nook
security system
Nest thermostat
granite counters
stainless steel appliances
9ft ceilings
recessed lighting
large windows
walk-in closet
soaking tub
dual vanity sinks
Building Details
Year built
2014
Listing Agency:
BHHS Fox & Roach Center City-Society Hill · Berkshire Hathaway HomeServices
(215) 627-6005
Listed By:
Justin Kane · License #PARS338494
(484) 919-5790
Added: Aug 6
Changed: Aug 7
Last Checked: Aug 9 at 6:06PM
MLS# PACT2132562
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex property offers 2,468 square feet of finished space across three levels and was built in 2014. The interior features an open main level with nine-foot ceilings, recessed lighting, large windows, granite countertops, an oversized island, espresso cabinetry, and stainless-steel appliances. The upper level includes three bedrooms, a shared bathroom, laundry, and a primary suite with two closets, a soaking tub, walk-in shower, and dual vanity. A finished walk-out basement adds a wet bar, gym nook, storage, recessed lighting, and flexible entertaining space. A rear deck extends from the dining area and overlooks wooded surroundings.
Smart-home improvements include interior security cameras, a security system, and a Nest remote thermostat. The property is near the Schuylkill River Trails and within walking distance of downtown Phoenixville.
Smart-home improvements include interior security cameras, a security system, and a Nest remote thermostat. The property is near the Schuylkill River Trails and within walking distance of downtown Phoenixville.
Key Highlights
- 2,468 square feet of finished space across three levels
- Built in 2014 with an extended 8‑foot buildout
- Finished walk‑out basement with wet bar, gym nook, and storage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$28,360
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.30%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$567,200
$567.2K
Cap Rate 7%
$405,143
$405.1K
Cap Rate 9%
$315,111
$315.1K
Market Conditions
NOI Build-Up for 2,468 SF
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.
Gross rent
$47.4K $19.20/SF
− Vacancy
−$6.9K −$2.78/SF
EGI
$40.5K $16.42/SF
− OpEx
−$12.2K −$4.92/SF
NOI
$28.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$567,200
Cap Rate 7%
$405,143
Cap Rate 9%
$315,111
Alternative Uses
Best Use
Multifamily LT 5
$405.1K
$354.5K – $472.7K
NOI $28,360 @ 7.0% cap · market cap 6.30%
Second Best
Apartment 5plus
$382.3K
$334.5K – $446.0K
NOI $26,762 @ 7.0% cap · market cap 5.95%
Theoretical Best
Office A
$748.3K
$654.7K – $873.0K
NOI $52,379 @ 7.0% cap · market cap 11.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
863
Businesses Nearby
Explore this area
Business Placement
Demographics for 19460, PA
43,611
Population
18,881
Households
2.3
Avg Household Size
40
Median Age
58%
College-Educated
96%
High-School Grad
34.5 sq mi
ZIP Area
1,264
Density / Sq Mi
$120,472
Median Household Income
$65,879
Median Earnings
$1,622
Median Rent
$426,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Three-level residence offers updated interiors, a rear deck, and smart-home security features.
Where is this duplex located?
The property is located at 914 HAMNER ALLEY Phoenixville, PA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 2,468 square feet of finished space across three levels; Built in 2014 with an extended 8‑foot buildout; Finished walk‑out basement with wet bar, gym nook, and storage
