Patterson-Schwartz Real Estate314 Harleysville Pike, Souderton, PA 18964-2169 $825,000
Interior Sq. Ft: 6,552
Acreage: 0.83
Age:65 years
Taxes: $13,330
Subdivision: None Available
Design/Type:
Detached
Description
Turnkey three-unit multifamily property located in Franconia Township, offering strong in-place income and updated major systems. This 6000sqft+ property is currently configured as three separate residential units, each with private living space, presenting an attractive opportunity for investors or owner-occupants seeking rental income. Current Rent Roll: • Unit 1: 1 Bedroom / 1 Bathroom – $1,500/month (lease through January 2027) • Unit 2: 3 Bedrooms / 2 Bathrooms – $3,100/month (lease through June 2026) • Unit 3 (Upper Unit): 4 Bedrooms / 2 Bathrooms – currently offered for rent at $3,000/month Projected gross monthly rent: $7,600/month once fully leased. The property has seen numerous capital improvements, including a newer roof (2021), updated HVAC systems (2023), Tesla solar panel system, and a newly installed paver patio surrounding the pool (2023). These updates may contribute to improved efficiency and reduced near-term maintenance. Additional features include four garage spaces, including an oversized RV garage with potential for vehicle storage or workshop use. The property is situated in an established neighborhood with convenient access to local amenities, parks, shopping, and major roadways. An opportunity to acquire a well-maintained, income-producing multifamily property with existing leases and potential for additional rental income. Buyer to verify all information, including square footage, zoning, and permitted use.
Home Assoc: No
Condo Assoc: No
Basement: Y
Pool: Yes - Personal
Features
Utilities
Baseboard - Hot Water Heating, Forced Air Heating, Heat Pump - Electric BackUp, Electric, Oil, Solar, Central A/C, Electric, Hot Water - Oil, Public Water, Public Sewer, 200+ Amp Service
Garage/Parking
Attached Garage, Driveway, Garage - Side Entry, Attached Garage Spaces #: 4;
Interior
Partially Finished Basement, Carpet Flooring, Ceramic Tile Flooring, Hardwood Flooring, Luxury Vinyl Plank Flooring, Cathedral Ceilings
Exterior
Block Foundation, Architectural Shingle Roof, Masonry
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (15 schools)
Public Middle (5 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| Indian Crest Middle School | Souderton Area School District | 6–8 | Souderton | 0.76 mi |
| Indian Valley Middle School | Souderton Area School District | 6–8 | Harleysville | 2.51 mi |
| Pennfield Middle School | North Penn School District | 7–9 | Hatfield | 3.4 mi |
| Pennridge South Middle School | Pennridge School District | 6–8 | Perkasie | 4.31 mi |
| Pennridge Central Middle School | Pennridge School District | 6–8 | Perkasie | 4.47 mi |
Public High (1 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| Souderton Area Senior High School | Souderton Area School District | 9–12 | Souderton | 1.32 mi |
Private (18 schools)
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This report is a detailed community overview for Souderton (18964), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 25
- Average salary of people in this community: $53,479
Community Summary
- Population Density (ppl / mile): 1,506
- Household Size (ppl): 2.62
- Households w/ Children: 54%
Housing Inventory
- Owned: 4,018 (71.3%)
- Rented: 1,333 (23.7%)
- Vacant: 281 (5.0%)
- Total: 5,632
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 5.7%
- Some High School: 6.6%
- High School Graduate: 35.1%
- Some College: 13.6%
- Associate Degree: 7.6%
- Bachelor's Degree: 19.7%
- Graduate Degree: 11.6%
Income by dollar range
Median Income: $80,022
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $425
- One Bedroom: $851
- Two Bedroom: $1,226
- Three Bedroom: $1,431
- Four Bedroom: $1,466
© 2025 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-547-6598
Listing Courtesy of: Compass Pennsylvania, LLC , (610) 822-3356, kenenochs@compass.com
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 12/31/2025.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.
