Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    516 S CHURCH Street West Chester, PA 19382

    View on Map
    Claim this Listing
    New
    For Sale
    $595,000

    MULTI_FAMILY - Victorian - WEST CHESTER, PA

    Property size:
    2,000 SF
    Lot size:
    0.08 Acres
    Price / SF:
    $297/SF
    Added:
    May 6, 2026
    Days on Market:
    2
    Last Refresh:
    May 7 at 7:06 am

    Property Features for 516 S CHURCH Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Basement
    Parking
    3
    Parking features
    Off Street, Driveway, On Street
    Standard status
    Active
    Size
    2,000 SF
    Lot size
    0.08 Acres

    Taxes and HOA fees

    Tax Annual Amount
    4599

    Utilities

    Heating system
    Other (Heating), Hot Water(Heating)

    Building Details

    Year built
    1910
    Number of units
    4
    Building materials
    Brick
    Architectural style
    Victorian

    We can help!

    Listing Contact
    Jean Gross
    Jean Gross

    Listing agent Jean Gross License #RS147650A

    Listing office Keller Williams Real Estate -Exton 131 Woodcutter Street unit: 100, Exton, PA

    Listing date May 6, 2026

    MLS# PACT2124220 Listing URL

    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.

    HighLights

    • Strong co‑living rental model with 4 rental units (2 single room & 2 multi‑room).
    • Features 5 bedrooms and 4 bathrooms within 2000 sqft.
    • Benefit from 3‑car off‑street parking plus on‑street parking.
    • Managed by 'RentWell' with no current vacancies.
    • Opportunity to live in one unit and offset mortgage payment.
    • Full basement for additional storage.

    Overview

    West Chester Investment Opportunity

    This multifamily property, located in West Chester, PA, presents a prime investment opportunity. The 2,000-square-foot property features five bedrooms and four bathrooms. Situated on a 0.09-acre lot, the property includes three off-street parking spaces and a front porch. The property is configured as four rental units, consisting of two single-room units and two multi-room units, with shared common areas including a large living room, kitchen, and mud/laundry room. A full basement provides additional storage. The property is currently managed by 'RentWell' and has no vacancies. The landlord has a $400 utility expense cap. The property offers the potential for an owner to live in one unit and offset their mortgage payment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Daycare Center Building Supply Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    West Chester
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.6018409
    Latitude
    39.9543799

    Nearby Similar for Sale

    • $175,000
      1,900 SF

      Bonchon Chicken Franchise Opportunity

      Thriving restaurant franchise for sale in West Chester, PA.
      124 MARKET, WEST CHESTER, PA 19382
      View Details
    • $120,000

      Smoothie Shop Business Opportunity

      Turnkey smoothie shop in West Chester, PA for sale.
      1502 W CHESTER Pike, WEST CHESTER, PA 19382
      View Details
    • $14
      11,934 SF

      Flex Office Units For Sale

      Flex office units available, individually or combined, West Chester.
      208 Carter Dr, West Chester, PA 19382
      View Details
    • $32
      6,133 SF

      Modern Office Space in West Chester

      Premier leasing opportunity in a vibrant West Chester location.
      501 Hannum Avenue, West Chester, PA 19380
      View Details
    • $1,200,000
      3,150 SF

      Freestanding Medical/Office Building For Sale

      Freestanding medical/office building on Paoli Pike with parking.
      1103 Paoli Pike, West Chester, PA, 19380
      View Details
    • $950,000

      West Chester Pike Office Building

      Two-story brick office building near downtown West Chester.
      1244 West Chester Pike, West Chester, PA 19382
      View Details
    • $899,000
      4,620 SF

      West Chester Retail Space Available

      4,620 SF retail space with prime location and visibility.
      622 E Gay St, West Chester, PA
      View Details
    • $350,000
      1,450 SF

      Turnkey Dentist Office in West Chester

      1,450 SF dentist office with private entrance and ramp.
      1556 McDaniel Dr, West Chester, PA
      View Details
    • Contact for pricing
      12,743 SF

      Retail Space in Giant Anchored Center

      Retail spaces available in Giant anchored shopping center near university.
      1395 Boot Rd, West Chester, PA 19380
      View Details
    • $1,700,000
      2,333 SF

      West Chester Restaurant Opportunity

      Turn-key restaurant space in prime West Chester location.
      16 E Gay St, West Chester, PA
      View Details
    • $9,800,000
      44,000 SF

      West Chester Mixed-Use Complex

      44,000 SF fully leased mixed-use complex in West Chester.
      1220 Ward Ave , West Chester, PA
      View Details
    • $950,000
      16,800 SF

      Two-Story Office Building Near 202

      Two-story office building with convenient access to 202.
      1244 West Chester Pike, West Chester, PA 19382
      View Details

    FAQs

    What type of property is this?
    Quadplex - Five-bedroom, four-bath multifamily property in West Chester, Pennsylvania.
    Where is this quadplex located?
    The property is located at 516 S CHURCH Street West Chester, PA.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: Strong co‑living rental model with 4 rental units (2 single room & 2 multi‑room).; Features 5 bedrooms and 4 bathrooms within 2000 sqft.; Benefit from 3‑car off‑street parking plus on‑street parking.
    (610) 368-3003
    We can help!
    Listing Contact
    Jean Gross
    Jean Gross
    Real Estate License ID: RS147650A
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    516 S CHURCH Street, WEST CHESTER, PA 19382
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!