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    13-15 S CHESTER Road Swarthmore, PA 19081

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    Claim this Listing
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    For Sale
    $1,650,000

    MULTI_FAMILY - Other - SWARTHMORE, PA

    Property size:
    5,580 SF
    Lot size:
    0.18 Acres
    Price / SF:
    $295/SF
    Added:
    Apr 28, 2026
    Days on Market:
    5
    Last Refresh:
    May 2 at 4:06 am

    Property Features for 13-15 S CHESTER Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Basement
    Parking
    6
    Parking features
    Assigned, Off Street, Parking Lot
    Standard status
    Active
    Size
    5,580 SF
    Lot size
    0.18 Acres

    Taxes and HOA fees

    Tax Annual Amount
    32793

    Utilities

    Heating system
    Forced Air
    Cooling system
    Window Unit(s), Central Air

    Building Details

    Year built
    1900
    Number of units
    4
    Building materials
    Brick
    Architectural style
    Other

    We can help!

    Listing Contact
    Branka Saula

    Listing agent Branka Saula License #RS298421

    Listing office KW Greater West Chester 300 Willowbrook Lane unit: 310, West Chester, PA

    Listing date Apr 28, 2026

    MLS# PADE2113816 Listing URL

    Copyright © 2026 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

    Swarthmore Mixed-Use Investment Opportunity

    Located in downtown Swarthmore, this mixed-use property at 13-15 South Chester Road features a total of six units, including four residential units and two street-level commercial spaces. Each of the four residential units contains one bedroom and one bathroom, with functional layouts, full kitchens, and ample storage. The property has a consistent rental history. Tenants are responsible for their own electric and gas heating bills. The two commercial spaces benefit from high visibility and foot traffic. One space includes a large storefront with additional storage and basement access, while the second is a studio with separate baths. The commercial spaces could be combined into a single unit of approximately 3,090 square feet. The property includes private, assigned parking. Recent capital improvements include a new underground sewage system installed in 2023, as well as renovations to kitchens and baths in select units. There is unfinished third-floor space, approximately two-thirds of the second-floor footprint, that offers the potential to expand the unit count or increase rental income, subject to township approvals. The property is located across from the Swarthmore train station and near Swarthmore College. The lot size is 0.1837 acres and the property size is 5,580 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Swarthmore
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.3503628
    Latitude
    39.9016394

    FAQs

    What type of property is this?
    Mixed-use property - Six-unit mixed-use property with residential and commercial spaces in Swarthmore.
    Where is this mixed-use property located?
    The property is located at 13-15 S CHESTER Road Swarthmore, PA.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: Prime location in downtown Swarthmore, directly across from the train station and near Swarthmore College, ensuring high tenant demand.; Mixed‑use property with 4 residential units and 2 commercial spaces, providing diversified income streams.; Value‑add potential with unfinished third‑floor space for expansion (subject to approvals).
    (484) 639-3748
    We can help!
    Listing Contact
    Branka Saula
    Real Estate License ID: RS298421
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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    13-15 S CHESTER Road, SWARTHMORE, PA 19081

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