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Two-Unit Brick Duplex
New
For Sale
$299,000

1101 CHESTNUT Street, Collingdale, PA 19023

Multi-Family, COLLINGDALE, PA

Property Size1,956 SF
Lot Size0.13 Acres
Price / SF$152.86
Days on Market6

Property Features for 1101 CHESTNUT Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Parking 3
Parking features Driveway, Garage - Detached
High school ACADEMY PARK
Elementary school district SOUTHEAST DELCO
Middle school district SOUTHEAST DELCO
High school district SOUTHEAST DELCO
Standard status Active
Size 1,956 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Annual Amount 6464

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1952
Number of units 2
Building materials Brick
Architectural style Colonial
Listing Agency: RE/MAX Prime Real Estate · RE/MAX International
Listed By: Jaimee A. Cohen · License #RM424669
Added: Oct 2 Last Checked: Oct 7 at 3:06PM
MLS# PADE2125154

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 two-story brick Colonial contains two residential units, each with two bedrooms and one full bathroom. The building totals 1,956 square feet and includes a basement. Forced-air heating and central air conditioning serve the property, which was built in 1952 and is offered as-is.

The 0.13-acre parcel is at 1101 Chestnut Street in Collingdale, Pennsylvania. A driveway provides off-street parking, and a detached three-car garage is also on the property.

Key Highlights

  • Two residential units, each with 2 bedrooms and 1 full bathroom
  • 1,956‑square‑foot building on a 0.13‑acre lot
  • Detached 3‑car garage and driveway parking

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 (±1% cap)
NOI $21,439 @ 7.0% cap · market cap 7.17%
Second Best
Apartment 5plus
$280.1K
$245.1K – $326.8K (±1% cap)
NOI $19,608 @ 7.0% cap · market cap 6.56%
Theoretical Best
Office A
$593.0K
$518.9K – $691.9K (±1% cap)
NOI $41,513 @ 7.0% cap · market cap 13.88%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Cafe & Coffee Shop Spa & Massage Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

764
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Each residence has two bedrooms, one full bathroom, and a separate entrance.
Where is this duplex located?
The property is located at 1101 CHESTNUT Street 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 residential units, each with 2 bedrooms and 1 full bathroom; 1,956‑square‑foot building on a 0.13‑acre lot; Detached 3‑car garage and driveway parking
More about this property
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