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Mixed-Use Building with Retail Spaces
For Sale
$1,650,000

13-15 S CHESTER Road, Swarthmore, PA 19081

MULTI_FAMILY - Other - SWARTHMORE, PA

Property Size5,580 SF
Lot Size0.18 Acres
Price / SF$295.70
Days on Market96

Property Features for 13-15 S CHESTER Road

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Basement
Parking 6
Parking features Parking Lot, Off Street, Assigned
Subdivision SWARTHMORE
High school STRATH HAVEN
Elementary school district WALLINGFORD-SWARTHMORE
Middle school district WALLINGFORD-SWARTHMORE
High school district WALLINGFORD-SWARTHMORE
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 Central Air, Window Unit(s)

Building Details

Year built 1900
Number of units 4
Building materials Brick
Architectural style Other
Listing Agency: KW Greater West Chester · Keller Williams Realty
Listed By: Branka Saula · License #RS298421
Added: Apr 28 Changed: Jul 13 Last Checked: Aug 1 at 2:06AM
MLS# PADE2113816

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 mixed-use building offers 6 total units, including four residential 1-bedroom, 1-bath apartments and two street-level commercial spaces. The residential units include full kitchens and ample storage. Tenant-paid utilities are separated, with electric and heating (gas) billed to tenants. One commercial space is a larger storefront with additional storage and basement access, and the second is a built-out studio with separate baths.

Private, assigned parking is included. Recent capital improvements include a new underground sewage system installed in 2023, along with kitchen and bath renovations in select residential units.

There is also unfinished third-floor space (approximately 2/3 of the second-floor footprint), which may provide expansion opportunity, subject to township approvals. Detailed income and expense information is available for review.

Key Highlights

  • 6‑unit mixed‑use property: 4 residential 1BR/1BA units plus 2 street‑level commercial spaces
  • Utilities are separate; tenants pay electric and heating (gas) bills
  • Parking lot/off‑street with assigned parking for residents

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $100.4k $18.00
− Vacancy −$13.1k −$2.34
EGI $87.4k $15.66
− OpEx −$26.2k −$4.70
NOI $61.2k $10.96
5,580 SF · lease $18.00/SF/yr · vacancy 13.01% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$873.7K
$764.5K – $1.02M (±1% cap)
NOI $61,161 @ 7.0% cap · market cap 3.71%
Second Best
Apartment 5plus
$799.1K
$699.2K – $932.3K (±1% cap)
NOI $55,937 @ 7.0% cap · market cap 3.39%
Theoretical Best
Office A
$1.69M
$1.48M – $1.97M (±1% cap)
NOI $118,426 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Hair Salon Law Firm Big Box & Wholesale Store Auto Repair Shop Auto Parts Store

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

4
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

552
Businesses Nearby

Demographics for 19081, PA

10,803
Population
3,875
Households
2.8
Avg Household Size
37
Median Age
66%
College-Educated
99%
High-School Grad
2.2 sq mi
ZIP Area
4,910
Density / Sq Mi
$129,973
Median Household Income
$54,288
Median Earnings
$1,452
Median Rent
$333,600
Median Home Value

Market

Average Price Trend$/SF for Mixed-use properties in Delaware County, PA

$204 Feb
$179 Mar
$198 Apr
$206 May
$208 Jun
Jul

Properties on Market for Mixed-use properties in Delaware County

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Six-unit mixed-use property with four residential units and two street-level commercial spaces; separate utilities and assigned parking.
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: 6‑unit mixed‑use property: 4 residential 1BR/1BA units plus 2 street‑level commercial spaces; Utilities are separate; tenants pay electric and heating (gas) bills; Parking lot/off‑street with assigned parking for residents
More about this property
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