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$1,100,000 Just Listed
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Property Description
Rare opportunity to acquire a well-maintained, cash-flowing five-unit apartment building in the heart of thriving downtown Phoenixville. All five units were renovated between 2017 and 2020 and feature hardwood or luxury vinyl flooring, granite and tile finishes in the kitchens and bathrooms, and stainless steel appliances. Rents total $8,000 a month. Seller is a licensed real estate agent and has a financial interest in the property. The property generates more than $8,000 in monthly rental income and an annual net operating income of $75,878. With strong in-place cash flow and continued upside in one of Chester County's most competitive rental markets, this property represents an excellent addition to any investment portfolio. Don't miss the opportunity to acquire a stabilized, income-producing asset in a highly desirable downtown location.
Full Property Details
Full Property Details for 237 Franklin
General
- Price: $1,100,000
- Taxes: $5,227 (2026)
- Status: Active
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: PACT2133578
- Updated: Today (8/17/2026)
- Added to Site: Today
Rental Information
- Lease Info: Gross
Parking
- Parking Type: Parking Lot
Location
- Area: Phoenixville Boro (10315)
- Municipality: PHOENIXVILLE BORO
- County: CHESTER
- Driving Directions: At the corner of Franklin Ave and Emmett St
School Information
- School District: Phoenixville Area
Heating & Cooling
- Cooling Type: Ductless/Mini-Split
- Heating Type: Baseboard - Hot Water
- Water Heater: Electric, Instant Hot Water
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Structure Type: Detached
- Construction: Aluminum Siding, Brick
- Foundation: Permanent
- Roof: Architectural Shingle, Flat
- Square Feet: 4,746
- Sq. Ft. Source: Estimated
- Living Area: 4,746 Sq. Ft.
- Finished Above Grnd: 4,746 Sq. Ft.
- Year Built: 1900
- Year Built Source: Estimated
- Property Condition: Excellent
Unit Information
- Other Units: Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,663
- Lot Size Source: Estimated
- Zoning: RI
Financial Considerations
- Price Per Sq. Ft.: $231.77
- Operating Expenses: $20,300
- Assessment Year: 2026
- Tax w/Assessment: $107,000
- Tax Amount: $5,227
- Tax Year: 2026
- Owner Pays: Lawn/Shrub Care, Miscellaneous, Water, Trash Collection
Disclosures and Reports
- Ownership: Fee Simple
Listed by EXP Realty, LLC, Erich Beyer
Get Pre-Approved Today
Schools
Schools serving 237 Franklin
School District:Phoenixville Area School District
| Name | Grades | Distance |
|---|---|---|
Barkley El School 320 2nd Avenue, Phoenixville, PA 19460 | 2-5 | 0.8 mi |
Phoenixville Early Learning Center 1 Phantom Way, Phoenixville, PA 19460 | K-1 | 1.5 mi |
Phoenixville Area Middle School 1000 Purple Pride Parkway, Phoenixville, PA 19460 | 6-8 | 1.4 mi |
Phoenixville Area High School 1200 Gay Street, Phoenixville, PA 19460 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 237 Franklin
Date
Details
Price
Change
Source
8/17/2026
Listed
$1,100,000
266.67%
MLS
3/03/2017
Sold
$300,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 237 Franklin
Year
Property Taxes
Change
Tax Assessment
Change
2026
$525
-90%
$107,300
—
2025
$5,095
3%
$107,300
—
2024
$4,925
7%
$107,300
—
2023
$4,588
31%
$107,300
—
2022
$3,502
-20%
$107,300
—
2020
$4,378
-2%
$107,300
—
2020
$4,485
2%
$107,300
—
2019
$4,402
3%
$107,300
—
2018
$4,277
2%
$107,300
—
2017
$4,211
2%
$107,300
—
2016
$4,121
—
$107,300
—
2015
$4,110
1%
$107,300
—
2014
$4,083
—
$107,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 237 Franklin
237 Franklin, Phoenixville, PA 19460 (MLS# PACT2133578) is a Single Family property with 0 bedrooms and 0 full bathrooms. 237 Franklin is currently listed for $1,100,000 and was received on August 17, 2026. Want to learn more about 237 Franklin? Do you have questions about finding other Single Family real estate for sale in Phoenixville? You can browse all Phoenixville real estate or contact a Coldwell Banker agent to request more information.

