$1,150,000

491 Prospect Rd Warminster, PA 18974

Estimated payment $7,059/month

Total Views 9,584
-- Bed
-- Bath
2,184 Sq Ft
$527 Price per Sq Ft

About This Home

***SALE INCLUDES TWO DUPLEXES*** 491 Prospect Road AND 506/508 3rd Ave - Must be sold together as they are one deed. These 2 buildings - built as TRUE duplexes - are situated on 1 parcel, sharing a backyard. Each building has (two) 2 bed / 1 bath units (1st floor and 2nd floor units) - 4 units in total!! Featuring modern updates in 491 Prospect A and B, a large basements and yard space, and wide driveways. 506/508 is on oil heat, 491 Prospect has been converted to electric. Incredible investment opportunity that you won't want to miss out on!! Must contact listing agent directly to schedule showings with at least 24 hour notice as all 4 units are tenant occupied. Owner is a PA licensed real estate agent.

Listing Agent

Eleanor Studley

Walter Studley Real Estate Sales Corp License #RS368151 Listed on: 07/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,501

Year Built

  • Built in 1959 | Remodeled in 2023

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 60.00 x 266.00

Home Design

  • Duplex
  • Colonial Architecture
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 2,184 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • Driveway
  • On-Street Parking

Schools

  • William Tennent High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • 4 Units
  • 2-Story Building

Listing and Financial Details

  • Tax Lot 115
  • Assessor Parcel Number 49-014-115

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,501

Year Built

Built in 1959 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenants' personal belongings
  • Inclusions: Landlord owned appliances in as is condition with no monetary value.
  • New Construction: No
  • Year Built: 1959
  • Year Renovated: 2023
  • Remarks Public: ***SALE INCLUDES TWO DUPLEXES*** 491 Prospect Road AND 506/508 3rd Ave - Must be sold together as they are one deed. These 2 buildings - built as TRUE duplexes - are situated on 1 parcel, sharing a backyard. Each building has (two) 2 bed / 1 bath units (1st floor and 2nd floor units) - 4 units in total!! Featuring modern updates in 491 Prospect A and B, a large basements and yard space, and wide driveways. 506/508 is on oil heat, 491 Prospect has been converted to electric. Incredible investment opportunity that you won't want to miss out on!! Must contact listing agent directly to schedule showings with at least 24 hour notice as all 4 units are tenant occupied. Owner is a PA licensed real estate agent.
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2184
  • Living Area Sq Ft: 2184
  • Price Per Sq Ft: 526.56
  • Above Grade Finished Sq Ft: 2184
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 491

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Oil
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: CENTENNIAL
  • High School: WILLIAM TENNENT
  • School District Key: 300200397326
  • School District Source: Listing Agent
  • High School: WILLIAM TENNENT

Lot Info

  • Land Use Code: 1012
  • Lot Size Acres: 0.37
  • Lot Dimensions: 60.00 x 266.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16117.20
  • Year Assessed: 2025
  • Zoning: R3

Rental Info

  • Total Actual Rent: 93600.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • School Tax: 7255.00
  • Tax Annual Amount: 9501.00
  • Assessor Parcel Number: 49-014-115
  • Tax Lot: 115
  • Tax Total Finished Sq Ft: 2184
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: CENTENNIAL

Map

Range of Values:

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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 $9,202 $43,600 $4,080 $39,520
2024 $9,202 $43,600 $4,080 $39,520
2023 $8,919 $43,600 $4,080 $39,520
2022 $8,729 $43,600 $4,080 $39,520
2021 $8,525 $43,600 $4,080 $39,520
2020 $8,405 $43,600 $4,080 $39,520
2019 $7,959 $43,600 $4,080 $39,520
2018 $7,769 $43,600 $4,080 $39,520
2017 $7,541 $43,600 $4,080 $39,520
2016 $7,541 $43,600 $4,080 $39,520
2015 $8,494 $43,600 $4,080 $39,520
2014 $8,494 $43,600 $4,080 $39,520
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 For Sale $1,150,000 0.0% $527 / Sq Ft
02/01/2017 02/01/17 Rented $1,100 0.0% --
01/27/2017 01/27/17 Under Contract -- -- --
12/22/2016 12/22/16 For Rent $1,100 -- --
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $889,314 First Platinum Abstract
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 Credit Line Revolving
Previous Owner $723,750 Commercial
Source: Public Records

Source: Bright MLS

MLS Number: PABU2099904

Bright MLS

APN: 49-014-115

Pennsylvania Bucks County Warminster Township

491 Prospect Rd, Warminster Township, PA

This home is located at 491 Prospect Rd, Warminster, PA 18974 and is currently priced at $1,150,000, approximately $526 per square foot. This property was built in 1959. 491 Prospect Rd is a home located in Bucks County with nearby schools including Willow Dale El School, Log College Middle School, and William Tennent High School.

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Nearby Homes
Listing Agent
Eleanor Studley
Section Image
Walter Studley Real Estate Sales Corp
(215) 764-0619