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    103 Mercer Mill Rd Landenberg, PA 19350

    For Sale
    $649,900

    MULTI_FAMILY - Other - LANDENBERG, PA

    Property size:
    3,770 SF
    Lot size:
    0.60 Acres
    Days on Market:
    37
    Last Refresh:
    Dec 6 at 3:06 am

    Property Features for 103 Mercer Mill Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Parking
    7
    Parking features
    Off Street
    Size
    3,770 SF
    Lot size
    0.60 Acres

    Utilities

    Heating system
    Hot Water(Heating)

    Building Details

    Year built
    1880
    Number of units
    4
    Building materials
    Stone
    Architectural style
    Other

    Iron Valley Real Estate Exton (610) 561-1111 [email protected]

    Listing agent Aaron Alexander Jones (610) 850-3535 License #RS377443

    Listing date Oct 31, 2025

    MLS# PACT2111772 Listing URL

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Profitable Multifamily Investment Opportunity

    Located in Landenberg, this income-producing 4-unit multifamily property presents a value-add investment opportunity. Set in a peaceful country environment, the property benefits from strong rental demand and long-term tenant stability. The property consists of one 3-bedroom 1-bath unit, one 2-bedroom 1-bath unit, and two 1-bedroom 1-bath units, each featuring its own unique layout. The current total rent roll is $4,950 per month, with potential for increased income. Cosmetic renovation of one of the 1-bedroom units could potentially boost income by $400 per month. Further upside exists through utility restructuring, as propane/heat and well expenses are currently owner-paid but could be transferred to tenants to improve operating margins by $6000 per year. There is also potential to add coin-operated laundry for an extra revenue stream. The 0.6-acre property is located close to Newark, DE, Kennett Square, local amenities, and top-rated schools. The property size is 3770 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Building Supply Wholesale Shop Auto Repair Shop Gym & Fitness HVAC Service Electrical Service Electronics Store Convenience Store Cafe & Coffee Shop Computer & Electronic Repair

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Landenberg
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.77202606
    Latitude
    39.7776947

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    FAQs

    What type of property is this?
    Quadplex - Value-add 4-unit property in Landenberg with income and growth potential.
    Where is this quadplex located?
    The property is located at 103 Mercer Mill Rd Landenberg, PA.
    What is the asking price?
    The asking price for this property is $649,900.
    What are key features of this property?
    This property features: - Income-producing 4-unit property with a current rent roll of $4,950/month.; - Value-add potential through cosmetic renovation of a 1BR unit to increase income by $400/month.; - Opportunity to improve operating margins by $6000/year by transferring utility expenses to tenants.
    (610) 850-3535
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    103 Mercer Mill Rd Landenberg, PA 19350
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    Landenberg, PA 19350
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    103 Mercer Mill Rd Landenberg, PA 19350
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