Detached Three-Unit
For Sale
$525,000
30 W CHESTER PIKE, Ridley Park, PA 19078
Three separate apartments offer flexible layouts for rental occupancy or owner use.
Property Size3,455 SF
Price / SF$151.95
Days on Market50
Property Features for 30 W CHESTER PIKE
General Information
Standard status
Active
Size
3,455 SF
Property subtype
Multi-family
Listing Agency:
Coldwell Banker Realty
(610) 363-6006
Listed By:
Lori L Shoemaker · License #RS293638
(610) 574-6487
Source:
Keygroupmd
Added: Aug 28
Changed: Oct 11
Last Checked: Oct 16 at 9:04AM
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 Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
This detached triplex contains 3,455 square feet of living space arranged as three separate two-bedroom apartments. Across the property, the unit mix provides 6 bedrooms and 3 full bathrooms, with hardwood flooring throughout and bright living areas complemented by dedicated spaces for everyday use.
The property is steps from the Ridley Park Train Station, providing public transportation access into the city. Major highways and Philadelphia International Airport are also readily accessible, adding convenience for residents who commute or travel.
The property is steps from the Ridley Park Train Station, providing public transportation access into the city. Major highways and Philadelphia International Airport are also readily accessible, adding convenience for residents who commute or travel.
Key Highlights
- 3,455 square feet of total living space
- Three separate two‑bedroom units
- 6 bedrooms and 3 full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,869
Cap Rate
7.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$757,380
$757.4K
Cap Rate 7%
$540,986
$541.0K
Cap Rate 9%
$420,767
$420.8K
Market Conditions
NOI Build-Up for 3,455 SF
Gross rent
$62.2K $18.00/SF
− Vacancy
−$8.1K −$2.34/SF
EGI
$54.1K $15.66/SF
− OpEx
−$16.2K −$4.70/SF
NOI
$37.9K $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%
$757,380
Cap Rate 7%
$540,986
Cap Rate 9%
$420,767
Alternative Uses
Best Use
Multifamily LT 5
$541.0K
$473.4K – $631.2K
NOI $37,869 @ 7.0% cap · market cap 7.21%
Second Best
Apartment 5plus
$494.8K
$432.9K – $577.3K
NOI $34,635 @ 7.0% cap · market cap 6.60%
Theoretical Best
Office A
$1.05M
$916.6K – $1.22M
NOI $73,326 @ 7.0% cap · market cap 13.97%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
662
Businesses Nearby
Explore this area
Business Placement
Demographics for 19078, PA
11,453
Population
4,969
Households
2.3
Avg Household Size
41
Median Age
30%
College-Educated
96%
High-School Grad
2.0 sq mi
ZIP Area
5,727
Density / Sq Mi
$93,456
Median Household Income
$53,377
Median Earnings
$1,318
Median Rent
$244,500
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
Frequently Asked Questions
What type of property is this?
Triplex - Three separate apartments offer flexible layouts for rental occupancy or owner use.
Where is this triplex located?
The property is located at 30 W CHESTER PIKE Ridley Park, PA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 3,455 square feet of total living space; Three separate two‑bedroom units; 6 bedrooms and 3 full bathrooms
