$415,000

474 Easton Rd Horsham, PA 19044

Estimated payment $2,589/month

Total Views 55,459
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Nestled in the coveted suburban enclave of Horsham, 474 Raston Road presents a rare opportunity to own a duplex featuring long-term tenants—each paying well below current market rates. From the outset, this property offers dual benefits: immediate cash flow and significant future rental upside. Whether you're an experienced investor or exploring your first income-producing asset, this duplex stands out as a smart, strategic addition to any portfolio.

What truly elevates this investment is its address. Horsham is a dynamic, well-rounded township renowned for its safe neighborhoods, rich history, and remarkable quality of life. Just about ten miles north of Center City Philadelphia, the township offers serene streets and suburban tranquility, yet remains within striking distance of urban vibrancy and job centers
Wikipedia
. Recognized repeatedly—by outlets like Money magazine and others—as one of the best places to live, Horsham continues to rank among the safest and most desirable communities in Pennsylvania

Horsham's quality of life is matched by its exceptional infrastructure and amenities. The township boasts over 800 acres of parks, miles of interconnected trails—including the scenic Power Line Trail—and a deeply rooted tradition of community events, recreation, and cultural engagement
For families and professionals alike, the Hatboro-Horsham School District shines as a pillar of excellence, with a brand-new middle school on the way and high school recognized nationally for academic achievement
Realtor
+10
Wikipedia
+10
Wikipedia
+10
.

On the economic front, Horsham’s median home values hover around $440,000 and are on a steady incline—up approximately 1.4% over the past year—underlining the area’s consistent demand and long-term appreciation potential.
. Meanwhile, local income levels are solid, with median household incomes ranging between $100,000 and $104,000, further reinforcing Horsham’s reputation for stable and thriving neighborhoods

In essence, owning 474 Raston Road means owning more than a duplex—it means securing a foot in one of Montgomery County’s strongest real estate markets. With built-in rental income, upside potential, and a location prized for its safety, amenities, and school district, this property is poised to be a cornerstone of your real estate portfolio.

Listing Agent

Frank Blumenthal

(215) 290-0402 proudtwinsdad@comcast.net Keller Williams Real Estate Tri-County Listed on: 09/02/2025

Keller Williams Real Estate Tri-County

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,866

Year Built

  • Built in 1940

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 50.00 x 0.00

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Block Foundation

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 36-00-03817-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,866

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Tenant's personal property
  • New Construction: No
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.27
  • Lot Dimensions: 50.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11808.00
  • Zoning: MULTI FAMILY

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Number Of Units Month To Month: 2
  • Owner Pays: Taxes - Real Estate
  • Total Actual Rent: 36540.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4866.00
  • Assessor Parcel Number: 36-00-03817-008
  • Tax Year: 2024

MLS Schools

  • School District Name: HATBORO-HORSHAM

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,686 $119,230 $72,510 $46,720
2024 $4,686 $119,230 $72,510 $46,720
2023 $4,461 $119,230 $72,510 $46,720
2022 $4,317 $119,230 $72,510 $46,720
2021 $4,214 $119,230 $72,510 $46,720
2020 $4,115 $119,230 $72,510 $46,720
2019 $4,036 $119,230 $72,510 $46,720
2018 $3,434 $119,230 $72,510 $46,720
2017 $3,855 $119,230 $72,510 $46,720
2016 $3,808 $119,230 $72,510 $46,720
2015 $3,638 $119,230 $72,510 $46,720
2014 $3,638 $119,230 $72,510 $46,720
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2025 09/02/25 For Sale $415,000 -- --
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Sheriffs Deed $3,174 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer $39,744 --
Deed $100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $240,000 Commercial
Source: Public Records

About the Listing Agent

Frank Blumenthal

Keller Williams Real Estate Tri-County

(215) 653-8863

Section Image

Frank is serving as the 2025 President of the Bucks County Association of Realtors. BCAR as it's known has about 4200 members in and around the area and is the second largest association of Realtors in the Commonwealth of Pennsylvania. Frank also serves as a Director for Pennsylvania Association of Realtors and the Suburban Realtors Alliance. Frank has been in real estate for about 20 years. He’s with Keller Williams Real Estate where he was just recognized as ranking 10th in the region of

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Source: Bright MLS

MLS Number: PAMC2153460

Bright MLS

APN: 36-00-03817-008