Two-Unit Duplex with Covered
For Sale
Under Contract
$515,000
947 S OLD BETHLEHEM Pike, Quakertown, PA 18951
Multi-Family, QUAKERTOWN, PA
Property Size2,046 SF
Lot Size0.48 Acres
Price / SF$251.71
Days on Market64
Property Features for 947 S OLD BETHLEHEM Pike
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement, Dining Room
Parking
8
Parking features
Driveway, Off Street
Interior features
Bathroom - Stall Shower, Bathroom - Tub Shower, Bathroom - Walk-In Shower, Built-Ins, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Living, Dining Area, Floor Plan - Open, Floor Plan - Traditional
Appliances
Built-In Microwave, Built-In Range, Dishwasher, Dryer - Electric, Oven/Range - Electric, Range Hood, Washer/Dryer Stacked, Washer, Water Heater - High-Efficiency
Elementary school district
QUAKERTOWN COMMUNITY
Middle school district
QUAKERTOWN COMMUNITY
High school district
QUAKERTOWN COMMUNITY
Standard status
Active Under Contract
Size
2,046 SF
Lot size
0.48 Acres
Taxes and HOA fees
Tax Annual Amount
6570
Utilities
Heating system
Electric (Heating), Baseboard
Cooling system
Window Unit(s)
Amenities
off-street parking
covered deck
large shed
large backyard
Building Details
Year built
1976
Number of units
2
Building materials
Frame
Architectural style
Colonial
Listing Agency:
RE/MAX Legacy · RE/MAX International
Listed By:
Brenda L Gelnett · License #RS271845
(215) 822-8200
Added: Aug 21
Changed: Oct 21
Last Checked: Oct 23 at 8:06AM
MLS# PABU2129454
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.
Built in 1976, this 2,046-square-foot duplex contains two residences, each configured with two bedrooms, one full bathroom, a kitchen, and a living room. The property occupies 0.4794 acres and includes a covered deck, a large backyard, driveway and off-street parking, and a storage shed. A basement area has been started as a studio and includes a shower and toilet. Public water serves the property, and an on-site well is also present.
The duplex is located in Quakertown, Bucks County, Pennsylvania, on S Old Bethlehem Pike. Its two-unit layout and separate entrances provide distinct living spaces within one residential property.
The duplex is located in Quakertown, Bucks County, Pennsylvania, on S Old Bethlehem Pike. Its two-unit layout and separate entrances provide distinct living spaces within one residential property.
Key Highlights
- Two residences, each with 2 bedrooms and 1 full bathroom
- 2,046 square feet of building area on 0.4794 acres
- Separate entrances for both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,332
Cap Rate
4.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$506,640
$506.6K
Cap Rate 7%
$361,886
$361.9K
Cap Rate 9%
$281,467
$281.5K
Market Conditions
NOI Build-Up for 2,046 SF
Gross rent
$47.6K $23.28/SF
− Vacancy
−$1.6K −$0.77/SF
EGI
$46.1K $22.51/SF
− OpEx
−$20.7K −$10.13/SF
NOI
$25.3K $12.38/SF
Area
Bucks County, PA
Vacancy
3.30%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$506,640
Cap Rate 7%
$361,886
Cap Rate 9%
$281,467
Alternative Uses
Best Use
Apartment 5plus
$361.9K
$316.7K – $422.2K
NOI $25,332 @ 7.0% cap · market cap 4.92%
Second Best
Multifamily LT 5
$346.8K
$303.5K – $404.6K
NOI $24,276 @ 7.0% cap · market cap 4.71%
Theoretical Best
Office A
$620.3K
$542.8K – $723.7K
NOI $43,423 @ 7.0% cap · market cap 8.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
254
Businesses Nearby
Explore this area
Business Placement
Demographics for 18951, PA
36,111
Population
14,862
Households
2.4
Avg Household Size
43
Median Age
33%
College-Educated
94%
High-School Grad
71.7 sq mi
ZIP Area
504
Density / Sq Mi
$95,084
Median Household Income
$49,570
Median Earnings
$1,341
Median Rent
$339,000
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 entrances serve two residences, each with its own kitchen, living room, two bedrooms, and full bath.
Where is this duplex located?
The property is located at 947 S OLD BETHLEHEM Pike Quakertown, PA.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 full bathroom; 2,046 square feet of building area on 0.4794 acres; Separate entrances for both units
