Cell: (443) 570-9919 | Office:(410) 583-0400
Barbara Reamer

441 W 1st Avenue, Parkesburg, PA 19365

$1,070,000
  • 441 W 1st Avenue, Parkesburg, PA 19365 Main Photo

12 Photos

Price Reduced $15,000 on September 28th, 2026
BEDS0 BATHS MLS#PACT2129076
STATUSACTIVE PROPERTY TYPECommercial - SCHOOLOCTORARA AREA

Property Description

Six-unit multifamily investment property located in Parkesburg, PA. The property consists of six apartment units, including five 2-bedroom/1-bathroom units and one 1-bedroom/1-bathroom unit, and currently generates approximately $7,800 per month in gross rental income ($93,600 annually). The tenant base includes a mix of Housing Authority of Chester County (HACC) and private-pay residents, with five of the six units benefiting from government-backed rental assistance. The property offers stable in-place cash flow and serves the strong workforce housing demand present throughout western Chester County. Located within Parkesburg Borough, the property benefits from convenient access to the Route 30 corridor, regional employment centers, shopping, public transportation, and surrounding municipalities. The area continues to experience steady rental demand supported by limited housing inventory and a strong local employment base. This property is being offered individually or as part of a Portfolio, a larger collection of 10 multifamily and mixed-use investment properties located in close proximity. Full Offering Memorandums and Portfolio information, financials, and supplemental offering materials are available upon request.

441 W 1st Avenue | MLS# PACT2129076

This commercial property located at 441 W 1st Avenue, Parkesburg, PA 19365 is currently listed for sale with an asking price of $1,070,000. W 1st Avenue is located within the OCTORARA AREA school district. Search Parkesburg real estate on www.barbreamer.com today.

Property Features

Property Type: Commercial -
Cooling: Central A/C
Fuel Type: Electric
Heating: Hot Water
Lot Size: 0.12 Acres
Taxes: $10,396
Year Built: 1910

Feature Descriptions

Lot Dimensions: 0.12 Acre(S)
Municipality: PARKESBURG BORO
Sewer: Public Sewer
Total Garage/Parking Spaces: 6
Units: 6
Water: Public

Local Schools

School District: OCTORARA AREA

Listed By / Shown By

Listed By

Agency Name: Real of Pennsylvania
Agency Phone: 8554500442

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