Duplex with Detached
New
For Sale
$299,000
1101 Chestnut St, Collingdale, PA 19023
Two residential units each offer two bedrooms and one full bath, with separate entrances and off-street parking.
Property Size1,956 SF
Price / SF$152.86
Days on Market4
Property Features for 1101 Chestnut St
General Information
Standard status
Active
Size
1,956 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Building Details
Year Built
1952
Buildings
1
Stories
2
Construction
brick Colonial
Listing Agency:
RE/MAX Prime Real Estate
Listed By:
Jaimee A. Cohen · License #RM424669
(610) 622-7500
Source:
Burkhart
Added: Oct 4
Changed: Oct 5
Last Checked: Oct 5 at 11:04PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Prime Real Estate
Investment Insights
Based on property information with market context.
This two-story brick duplex was built in 1952 and contains two residential units. Each unit has two bedrooms and one full bathroom, with a separate entrance. The property also includes off-street parking and a detached three-car garage.
Set on a corner lot, the property is offered in as-is condition. Any assessment of condition, permitted uses, rental requirements, or future improvements is subject to the buyer’s due diligence.
Set on a corner lot, the property is offered in as-is condition. Any assessment of condition, permitted uses, rental requirements, or future improvements is subject to the buyer’s due diligence.
Key Highlights
- Two units, each with 2 bedrooms and 1 full bathroom
- Detached 3‑car garage
- Two‑story brick building constructed in 1952
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,439
Cap Rate
7.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$428,780
$428.8K
Cap Rate 7%
$306,271
$306.3K
Cap Rate 9%
$238,211
$238.2K
Market Conditions
NOI Build-Up for 1,956 SF
Gross rent
$35.2K $18.00/SF
− Vacancy
−$4.6K −$2.34/SF
EGI
$30.6K $15.66/SF
− OpEx
−$9.2K −$4.70/SF
NOI
$21.4K $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 Rate 5%
$428,780
Cap Rate 7%
$306,271
Cap Rate 9%
$238,211
Alternative Uses
Best Use
Multifamily LT 5
$306.3K
$268.0K – $357.3K
NOI $21,439 @ 7.0% cap · market cap 7.17%
Second Best
Apartment 5plus
$280.1K
$245.1K – $326.8K
NOI $19,608 @ 7.0% cap · market cap 6.56%
Theoretical Best
Office A
$593.0K
$518.9K – $691.9K
NOI $41,513 @ 7.0% cap · market cap 13.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,202
Businesses Nearby
Explore this area
Business Placement
Demographics for 19023, PA
22,180
Population
9,089
Households
2.4
Avg Household Size
34
Median Age
17%
College-Educated
87%
High-School Grad
2.0 sq mi
ZIP Area
11,090
Density / Sq Mi
$48,962
Median Household Income
$37,110
Median Earnings
$1,240
Median Rent
$117,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units each offer two bedrooms and one full bath, with separate entrances and off-street parking.
Where is this duplex located?
The property is located at 1101 Chestnut St Collingdale, PA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 full bathroom; Detached 3‑car garage; Two‑story brick building constructed in 1952
