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Detached Triplex with Hardwood Floors
For Sale
$525,000

30 W CHESTER Pike, Ridley Park, PA 19078

Multi-Family, RIDLEY PARK, PA

Property Size3,455 SF
Lot Size0.21 Acres
Price / SF$151.95
Days on Market98

Property Features for 30 W CHESTER Pike

General Information

Property type Residential Multi Family
Property subtype Triplex
Parking features Driveway
Appliances Dryer, Washer, Refrigerator
Subdivision PARKER CONDO
Elementary school district RIDLEY
Middle school district RIDLEY
High school district RIDLEY
Standard status Active
Size 3,455 SF
Lot size 0.21 Acres

Taxes and HOA fees

Tax Annual Amount 13118

Utilities

Heating system Hot Water(Heating)
Cooling system Window Unit(s)

Building Details

Year built 1900
Number of units 3
Building materials Stucco
Architectural style Colonial
Listing Agency: Coldwell Banker Realty · Coldwell Banker Real Estate
Listed By: Lori L Shoemaker · License #RS293638
Added: Jul 8 Changed: Oct 1 Last Checked: Oct 13 at 10:06PM
MLS# PADE2119180

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 detached Colonial triplex contains 3,455 square feet of living space arranged as three separate two-bedroom apartments. Across the property are 6 bedrooms and 3 full bathrooms, with hardwood flooring throughout. Each unit includes defined living areas, and the property is equipped with refrigerators, washers, and dryers. Stucco construction, hot water heating, window-unit cooling, and a driveway complete the physical profile. Built in 1900, the property sits on a 0.21-acre lot.

The address is steps from the Ridley Park Train Station, providing rail access into the city. Major highways and Philadelphia International Airport are also described as readily accessible from the property. The three-unit configuration supports rental use, multi-generational occupancy, or an owner-occupant setup with additional units on site.

Key Highlights

  • 3,455 square feet of total living space
  • Three separate two‑bedroom apartments
  • 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 (±1% cap)
NOI $37,869 @ 7.0% cap · market cap 7.21%
Second Best
Apartment 5plus
$494.8K
$432.9K – $577.3K (±1% cap)
NOI $34,635 @ 7.0% cap · market cap 6.60%
Theoretical Best
Office A
$1.05M
$916.6K – $1.22M (±1% cap)
NOI $73,326 @ 7.0% cap · market cap 13.97%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Daycare Center Food Market Bakery

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

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

662
Businesses Nearby

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
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?
Triplex - Three separate apartments support rental operations, multi-generational living, or an owner-occupant arrangement.
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 apartments; 6 bedrooms and 3 full bathrooms
More about this property
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