Investors, take note: opportunities like this rarely surface in the coveted Borough of Malvern. This multi-family property offers two units, one featuring two bedrooms and one full bathroom and another with one bedroom and one full bathroom, delivering the kind of steady rental income savvy buyers dream about, along with genuine upside for anyone willing to roll up their sleeves. Both units provide comfortable, functional layouts that already attract tenants. Off-street parking sweetens the deal, sparing residents the borough parking shuffle and adding everyday convenience that renters genuinely appreciate. Location is where this property truly earns its keep. Downtown Malvern sits within easy walking distance, meaning coffee runs to The Buttery, casual strolls, and small-town charm are all just steps from the front door. Burke Park offers picnic benches and green space around the corner, while Randolph Woods invites weekend wandering. Commuters will love being minutes from the Malvern train station, keeping the region well within reach. Families and everyday errands are covered too. Villa Maria Academy High School is nearby, and Target Grocery handles the weekly shopping list just a short drive away. The environment blends quiet residential streets with walkable energy, a rare balance that keeps units occupied. Solid income, prime walkability, and room to grow make this a smart move. Schedule your private showing today and start building your investment future in Malvern.
Under contract
$529,000
138 Church St, Malvern, PA 19355
4beds
2baths
1,736sqft
Duplex
Built in 1895
-- sqft lot
$529,400 Zestimate®
$305/sqft
$-- HOA
What's special
Off-street parkingOne bedroomTwo bedrooms
- 43 days
- 93
- 1
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Jeff Scott 610-739-0427,
KW Greater West Chester (610) 436-6500
Source: Bright MLS,MLS#: PACT2131954
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Basement
- Area: 200
Heating
- Hot Water, Natural Gas
Cooling
- None, Electric
Appliances
- Included: Gas Water Heater
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,736
- Total interior livable area: 1,736 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Off Street
- Uncovered spaces: 2
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 4,325 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0204 0270
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex
Materials
- Vinyl Siding, Aluminum Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1895
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None Available
Location
- Region: Malvern
- Municipality: MALVERN BORO
Financial & listing details
- Price per square foot: $305/sqft
- Tax assessed value: $129,410
- Annual tax amount: $4,650
- Date on market: 7/27/2026
- Listing agreement: Exclusive Agency
- Inclusions: Washer, Dryer, Refrigerator For Both Units. Both In As-is Condition.
- Ownership: Fee Simple
Estimated market value
$529,400
$503,000 - $556,000
$2,280/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/3/2026 | Contingent | $529,000$305/sqft |
Source: | ||
| 7/28/2026 | Listed for sale | $529,000+70.7%$305/sqft |
Source: | ||
| 3/14/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/2/2024 | Listed for rent | $2,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/20/2023 | Listing removed | -- |
Source: | ||
| 4/19/2021 | Sold | $309,900$179/sqft |
Source: Public Record Report a problem | ||
| 2/3/2021 | Pending sale | $309,900$179/sqft |
Source: | ||
| 1/23/2021 | Contingent | $309,900$179/sqft |
Source: | ||
| 9/21/2020 | Price change | $309,900-1.6%$179/sqft |
Source: Compass Pennsylvania, LLC #PACT516820 Report a problem | ||
| 2/12/2020 | Price change | $315,000-1.3%$181/sqft |
Source: Compass Pennsylvania, LLC #PACT485472 Report a problem | ||
| 11/11/2019 | Listed for sale | $319,000$184/sqft |
Source: Compass Pennsylvania, LLC #PACT485472 Report a problem | ||
| 10/29/2019 | Pending sale | $319,000$184/sqft |
Source: Compass Pennsylvania, LLC #PACT485472 Report a problem | ||
| 7/26/2019 | Listed for sale | $319,000+17%$184/sqft |
Source: Compass Pennsylvania, LLC #PACT485472 Report a problem | ||
| 10/28/2005 | Sold | $272,551+36.3%$157/sqft |
Source: Public Record Report a problem | ||
| 3/9/2004 | Sold | $200,000+61.3%$115/sqft |
Source: Public Record Report a problem | ||
| 9/27/1994 | Sold | $124,000$71/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $4,536 +2.5% | $129,410 |
| 2025 | $4,426 +1.8% | $129,410 |
| 2024 | $4,347 +2.2% | $129,410 |
| 2023 | $4,255 +2.3% | $129,410 |
| 2022 | $4,159 +1.8% | $129,410 |
| 2021 | $4,087 +359.8% | $129,410 |
| 2020 | $889 -77.4% | $129,410 |
| 2019 | $3,926 +2.5% | $129,410 |
| 2018 | $3,829 +9900.3% | $129,410 |
| 2017 | $38 -98.7% | $129,410 |
| 2016 | $2,976 | $129,410 |
| 2015 | $2,976 | $129,410 |
| 2014 | $2,976 | $129,410 |
| 2013 | -- | $129,410 |
| 2012 | -- | $129,410 |
| 2011 | -- | $129,410 |
| 2010 | -- | $129,410 |
| 2009 | -- | $129,410 |
| 2008 | -- | $129,410 |
| 2007 | -- | $129,410 |
| 2006 | -- | $129,410 |
| 2005 | -- | $129,410 |
| 2004 | -- | $129,410 |
| 2003 | -- | $129,410 |
| 2000 | -- | $129,410 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 19355
Nearby schools
Schools provided by the listing agent
- District: Great Valley
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






