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Six-Unit Multifamily Investment
For Sale
$938,000

386 Madison Street, Coatesville, PA 19320

Six-unit multifamily property includes five apartment units plus a detached single-family residence.

Property SizeContact for details
Days on Market72

Property Features for 386 Madison Street

General Information

Standard status Active
Property subtype Commercial
Lease Term []

Additional Details

Multifamily Units 6

Building Details

Year Built 1956
Listing Agency: Real of Pennsylvania
Listed By: Beau McGettigan · License #AB069815
Source: Deepcreeklake
Added: Jun 14 Changed: Aug 23 Last Checked: Aug 22 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 Real of Pennsylvania

Investment Insights

Based on property information with market context.

This six-unit multifamily investment consists of five apartment units and one detached single-family residence. The unit mix includes one-, two-, and three-bedroom floor plans, providing a diversified residential offering within a single property. The current gross rental income is approximately $7,400 per month, or about $88,800 annually.

The tenant base includes a mix of Housing Authority of Chester County (HACC) and private-pay residents, with five of the six units benefiting from government-backed rental assistance. The property is located near downtown Coatesville, major commuter routes, public transportation, and regional employment centers, within an established residential neighborhood.

This listing is offered individually or as part of a 75-unit portfolio containing 11 multifamily and mixed-use investment properties located in close proximity. Full offering materials, including the full offering memorandum and financials, are available upon request.

Key Highlights

  • Six‑unit multifamily in Coatesville, PA: five apartment units plus one detached single‑family residence
  • Unit mix includes one-, two-, and three‑bedroom floor plans
  • Approximately $7,400/month in gross rental income (about $88,800 annually)

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Grocery & Convenience Store (Bike/Boat/Book/etc) 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

6
Residential units

Location Intelligence

Trade Area within ½ mile

374
Businesses Nearby

Demographics for 19320, PA

54,149
Population
21,199
Households
2.6
Avg Household Size
41
Median Age
31%
College-Educated
91%
High-School Grad
81.6 sq mi
ZIP Area
664
Density / Sq Mi
$88,852
Median Household Income
$44,920
Median Earnings
$1,427
Median Rent
$302,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Six-unit multifamily property includes five apartment units plus a detached single-family residence.
Where is this apartment building located?
The property is located at 386 Madison Street Coatesville, PA.
What is the asking price?
The asking price for this property is $938,000.
What are key features of this property?
This property features: Six‑unit multifamily in Coatesville, PA: five apartment units plus one detached single‑family residence; Unit mix includes one-, two-, and three‑bedroom floor plans; Approximately $7,400/month in gross rental income (about $88,800 annually)
More about this property
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