$422,500
SOLD SEP 12, 2025

23 & 25 W Walnut St Souderton, PA 18964

-- Bed
-- Bath
2,098 Sq Ft
0.3 Acres

Recently Sold

$201 Per Sq Ft

8% Below List Price

12 Days on Market

Highlights

  • Colonial Architecture
  • More Than Two Accessible Exits
  • Level Lot
  • West Broad Street Elementary School Rated A
  • Electric Baseboard Heater
  • 4-minute walk to Souderton Community Park

About This Home

As of September 2025

Calling all investors. This 2 unit property sits on a fantastic .29 acre fenced borough lot. Each unit consists of 2 bedrooms, 1 full bath, living room and eat in kitchen or dining area, and fenced back yard. Units share basement area with laundry. Home has replacement windows throughout both units. Both units have signed leases in place until 2026. Both units have been long term leases.. Off street parking area for unit 23 tenants. All utilities are separate and paid by tenants. Do to the lot size and zoning, adding on to this property may be a possibility. Buyer may check with the borough zoning officer and perform their own due diligence. Pictures of unit 25 were prior to the tenant moving in 2020.

Last Agent to Sell the Property

Timothy Dimmick

(267) 217-2856 tsdimmick@gmail.com RE/MAX Reliance License #RS337966 Listed on: 07/26/2025

RE/MAX Reliance

Last Buyer's Agent

Shannon Lutz

(267) 278-1967 shannon.m.lutz@gmail.com RE/MAX Reliance License #RS297424

RE/MAX Reliance

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,214

Year Built

  • Built in 1920

Lot Details

  • 0.3 Acre Lot
  • Level Lot
  • Property is in good condition

Home Design

  • 2,098 Sq Ft Home
  • Duplex
  • Colonial Architecture
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Masonry

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • Electric Baseboard Heater
  • 200+ Amp Service
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Suburban Location

Listing and Financial Details

  • The owner pays for insurance, real estate taxes, trash collection
  • Assessor Parcel Number 21-00-07388-007

Community Details

Overview

  • 2 Units
  • 2-Story Building

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,580
  • Trash Expense $450
  • Gross Income $34,176

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,214

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: Refrigerators, Washer & Dryers (owned and maintained by tenants)
  • Historic: No
  • New Construction: No
  • Expected On Market: 7/26/2025 12:00:00 AM
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: Calling all investors. This 2 unit property sits on a fantastic .29 acre fenced borough lot. Each unit consists of 2 bedrooms, 1 full bath, living room and eat in kitchen or dining area, and fenced back yard. Units share basement area with laundry. Home has replacement windows throughout both units. Both units have signed leases in place until 2026. Both units have been long term leases.. Off street parking area for unit 23 tenants. All utilities are separate and paid by tenants. Do to the lot size and zoning, adding on to this property may be a possibility. Buyer may check with the borough zoning officer and perform their own due diligence. Pictures of unit 25 were prior to the tenant moving in 2020.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Interior Access, Full
  • Total Sq Ft: 2098
  • Living Area Sq Ft: 2098
  • Price Per Sq Ft: 219.26
  • Above Grade Finished Sq Ft: 2098
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 23 & 25

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Block, Frame, Masonry, Mixed
  • Roof: Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable, Fiber Optic

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: SOUDERTON AREA
  • School District Key: 300200397037
  • School District Source: Listing Agent

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.30
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13068.00
  • Property Condition: Good
  • Year Assessed: 2024
  • Zoning: R2

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Owner Pays: Insurance, Taxes - Real Estate, Trash Collection
  • Rent Control: No
  • Total Actual Rent: 34176.00
  • Vacation Rental: No

Tax Info

  • School Tax: 3648.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 5214.00
  • Assessor Parcel Number: 21-00-07388-007
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025
  • Close Date: 09/12/2025

Multi Family

  • Gross Income: 34176.00
  • Gross Scheduled Income: 34176.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2
  • Vacancy Allowance Rate: 10.00

MLS Schools

  • School District Name: SOUDERTON AREA

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2025 09/12/25 Sold $422,500 -8.2% $201 / Sq Ft
08/07/2025 08/07/25 Pending -- -- --
07/26/2025 07/26/25 For Sale $460,000 -- $219 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Timothy Dimmick

    Seller's Agent in 2025

    Timothy Dimmick

    RE/MAX

    (267) 217-2856

    5 in this area

    86 Total Sales

    Timothy Dimmick
    Section Image
  • Shannon Lutz

    Buyer's Agent in 2025

    Shannon Lutz

    RE/MAX

    (267) 278-1967

    3 in this area

    20 Total Sales

    Shannon Lutz
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAMC2147678

Bright MLS
Pennsylvania Montgomery County Souderton 18964

23 & 25 W Walnut St, Souderton, PA

This home is located at 23 & 25 W Walnut St, Souderton, PA 18964 and is currently priced at $422,500, approximately $201 per square foot. This property was built in 1920. 23 & 25 W Walnut St is a home located in Montgomery County with nearby schools including West Broad Street Elementary School, Indian Crest Middle School, and Souderton Area Senior High School.

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