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    Four-Unit Multifamily Property
    Updated: Oct 31, 2025
    Four-Unit Multifamily Property

    103 MERCER MILL Road, Landenberg, PA 19350

    $549,900
    3,770 sqft 0.60 AC lot
    4‑unit multifamily investment built in 1880 in Landenberg
    Current total rent roll of $4,950/month with unit mix: 1x 3BR/1BA, 1x 2BR/1BA, and 2x 1BR/1BA
    Cosmetic renovation potential on 1BR unit could boost income by $400/month
    Owner‑paid propane/heat and well expenses may be restructured to tenants to improve operating margins by $6,000/year
    Off‑street parking; heating is Hot Water
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    This listing looks promising.

    Here's a quick look at some key insights for

    103 MERCER MILL Road, LANDENBERG, PA 19350

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    • Est. Cap Rate

      7.9%
      Above avg (5.9%)

    • Est. NOI

      $43K
      Annual

    • Price @ 7% Cap

      $619K
      Above asking

    • Property Type

      Apartments (Generic)
      Built 1880
    View Property Analytics
    Based on your search, we've compiled 1 Potential Opportunities for your consideration. Besides 1 Active listings in Chester County, PA, we suggest exploring several alternatives:

    Chester County, PA Quadplexes Market Trends and Statistics

    Explore 1 quadplexes for sale in Chester County, PA on our real estate platform. These investment opportunities span a total of 3,770 square feet of properties for sale, with an estimated market value of $549,900.

    Sale prices for four-unit buildings in Chester County, PA average $549,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Featured Chester County Real Estate Agencies

    Realmo connects you with licensed Chester County CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    RE/MAX Action Associates
    403 W. Lincoln Hwy, Suite 101 Exton, PA 19341
    Phone: 16103632001
    homesinpa.com
    Springer Realty Group
    740 Springdale Dr, Suite 100 Exton, PA 19341
    Phone: 14844984000
    www.springerrealtygroup.com
    Prestige Group, Inc.
    321 S. Valley Forge Road Devon, PA 19333
    Phone: 16109023900
    www.prestigegroup.com

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