2315 MADISON STREET, CHESTER, PA 19013
NONE AVAILABLE · DELAWARE County
Key Facts
Description
Step into a home that blends modern updates with incredible future potential. 2315 Madison Street welcomes you with a bright, open-concept first floor that feels airy and expansive. Natural light pours across the stylish laminate wood plank flooring, creating a warm atmosphere that flows effortlessly from the living area into the generously sized kitchen. Tucked away for maximum convenience, you’ll also find a dedicated first-floor laundry area that makes daily chores a breeze. Upstairs, the home offers three well-sized bedrooms and a centrally located bathroom, providing a comfortable and functional layout. While currently enjoyed as a spacious single-family residence, this property holds a unique secret: it was originally a duplex and retains its R-2 zoning. This flexibility offers a rare "best of both worlds" scenario for a savvy buyer looking to maintain the current setup or explore the possibilities of the dual-unit zoning down the road. The financial picture is just as bright as the interior. The property is currently generating a steady gross annual income of $17,880, with a tenant on a month-to-month lease as of 9/1/25 paying $1,490 per month. Whether you are looking for a solid performer to add to your portfolio or a versatile property with room to grow, this Madison Street gem is a strategic find in a high-demand area. **Property Summary:** * **Zoning:** Still zoned as a duplex (currently single-family layout) * **Income:** $1,490/mo ($17,880 gross/year) * **Lease:** Month-to-month since 9/1/25 * **Features:** Open concept, laminate wood plank flooring, 1st-floor laundry, 3 bedrooms
Property Information
Property Type
Residential
Sub-Type
Townhouse
Structure Type
House
Year Built
1920
Living Area
1,785 sq ft
Lot Size
0.05 acres
Zoning
R-2
Days on Market
1
MLS® Listing#
PADE2119136
Property Features
Appliances
Cooling
Heating
Basement
Pool
Parking
Laundry
Construction
Foundation
Sewer
Water Source
Schools
- District:
- CHESTER-UPLAND
Financial Details
HOA
None
Annual Taxes
$1,877
Tax year 2026
Assessed Value
$63,360
Parcel Number
49-01-02160-00
Directions
Between E 23rd and E 24th
Affordability Calculator
$33,000
Estimated monthly payment
$878/mo
Principal $132,000 · Est. interest $184,152 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in CHESTER, PA
- $643,243
- Median Listing Price
- 41
- Median Days on Market
- 2,324
- Median Sq Ft
- $245
- Median Price / Sq Ft
- 230
- Active Listings
- This home’s price is 74% below the area median.
- Its price per sq ft is 62% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in CHESTER, PA.
Location
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Points of Interest in CHESTER, PA
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Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1337 TOWNSEND STREET, CHESTER, PA | $120,000 | 2 | 1 | 912 |
| 105 E 22ND STREET, CHESTER, PA | $125,000 | 3 | 1 | 1,418 |
| 1141 THOMAS STREET, CHESTER, PA | $125,000 | 3 | 1 | 1,232 |
| 332 W 15TH STREET, CHESTER, PA | $125,000 | 3 | 1 | 1,056 |
| 1133 REMINGTON STREET, CHESTER, PA | $125,000 | 3 | 2 | 1,008 |
| 807 W 7TH STREET, CHESTER, PA | $125,000 | 3 | 1 | 1,140 |
Moving Cost Estimate
EXIT Agents in CHESTER
Listing Courtesy: Compass RE - 2673805813