Three-Unit Triplex with Detached
For Sale
$250,000
1300 TOWNSEND Street, Chester, PA 19013
Multi-Family, CHESTER, PA
Property Size1,764 SF
Lot Size0.07 Acres
Price / SF$141.72
Days on Market184
Property Features for 1300 TOWNSEND Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
3
Parking features
Garage - Detached
Elementary school district
CHESTER-UPLAND
Middle school district
CHESTER-UPLAND
High school district
CHESTER-UPLAND
Standard status
Active
Size
1,764 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
2495
Utilities
Heating system
Hot Water(Heating)
Building Details
Year built
1965
Number of units
1
Building materials
Stucco
Listing Agency:
Keller Williams Realty
(856) 321-1212
Listed By:
Ronald W Halbruner Jr. · License #1972341
(609) 602-5762
Added: Mar 16
Changed: Aug 19
Last Checked: Sep 15 at 9:06AM
MLS# PADE2108314
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.
Investment Insights
Based on property information with market context.
This three-unit residential property in Chester, Pennsylvania, contains 1,764 square feet on a 0.07-acre lot. Built in 1965, the building features stucco construction and hot-water heating, with a detached garage providing on-site parking. The property is offered strictly as-is and presents a renovation project for an owner planning to reposition the existing configuration for rental use.
Key Highlights
- Three‑unit triplex in Chester, PA
- 1,764 square feet of building area
- 0.07‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,335
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.73%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$386,700
$386.7K
Cap Rate 7%
$276,214
$276.2K
Cap Rate 9%
$214,833
$214.8K
Market Conditions
NOI Build-Up for 1,764 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$31.8K $18.00/SF
− Vacancy
−$4.1K −$2.34/SF
EGI
$27.6K $15.66/SF
− OpEx
−$8.3K −$4.70/SF
NOI
$19.3K $10.96/SF
Area
Delaware County, PA
Vacancy
13.01%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$386,700
Cap Rate 7%
$276,214
Cap Rate 9%
$214,833
Alternative Uses
Best Use
Multifamily LT 5
$276.2K
$241.7K – $322.3K
NOI $19,335 @ 7.0% cap · market cap 7.73%
Second Best
Apartment 5plus
$252.6K
$221.0K – $294.7K
NOI $17,683 @ 7.0% cap · market cap 7.07%
Theoretical Best
Office A
$534.8K
$468.0K – $624.0K
NOI $37,438 @ 7.0% cap · market cap 14.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
594
Businesses Nearby
Explore this area
Business Placement
Demographics for 19013, PA
34,252
Population
15,664
Households
2.2
Avg Household Size
34
Median Age
13%
College-Educated
86%
High-School Grad
5.6 sq mi
ZIP Area
6,116
Density / Sq Mi
$39,416
Median Household Income
$31,668
Median Earnings
$1,083
Median Rent
$85,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Stucco construction and hot-water heating define this residential income property in Chester.
Where is this triplex located?
The property is located at 1300 TOWNSEND Street Chester, PA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Three‑unit triplex in Chester, PA; 1,764 square feet of building area; 0.07‑acre lot
