Two-Unit Brick
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
Garage - Detached, Driveway
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
(610) 622-7500
Added: Oct 2
Changed: Oct 7
Last Checked: Oct 7 at 5:06PM
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.
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
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
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
764
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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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
