229 W 22nd St · Chester, PA 19013

$149,999

3 bd · 1.0 ba · 1,152 sqft · Townhouse public records · 87 Days on market

Built 1943 1,742 sqft lot $130/sqft · at area comps Est $144k · at est.

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +15.8/30.0
• 1% rule +6.0/10.0
• ARV discount +5.6/15.0
• DSCR +4.9/10.0
• Rent growth +4.2/5.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Schools +0.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome Home! This home features a functional layout with comfortable living and dining areas, three nicely sized bedrooms, and a full bath. The clean, dry unfinished basement which is currently be used as additional living space, provides additional usable space. Ideal for storage, a home office, gym, or recreation. A converted garage adds extra square footage with potential for customization. Enjoy a front yard and a deep rear yard beyond the alley, perfect for outdoor use or future projects. Located just minutes from Subaru Park, home of the Philadelphia Union, with easy access to Philadelphia, Delaware, major highways, shopping, dining, and public transportation. Schedule your showing today.

Key facts

• Built 1943
• Listed 86 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath townhouse listed at $150k.

Deal economics

• At list price, monthly cash flow is $69 ($822/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Recommended offer: $141k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 73/100 on livability (#540 in PA) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: crime F, employment F.
• Chester-Upland SD (suburban): math 4% / reading 17% proficiency, ranked #533 of 539 in PA (top 99%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 81% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Toby Farms Intermediate School (math 2% / reading 12%, grade F, #506 of 512 statewide, top 99%, 299 students, 100% FRL) — zoned schools average 100% FRL vs 81% district-wide (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+6.9%/yr); 140 active listings in the ZIP; 36 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 299 units permitted in Delaware County in 2024 (5 in 5+ unit buildings).
• At $1,657/mo this rent would consume 48% of the median local household income ($41k/yr) (locally 2668% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 87 days — a 6% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 23y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $128k; 17% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: property tax is 3.1% of price; built in 1943 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $140,999 (6.0% below list)

Questions for the listing agent

1. It's been on market 87 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1943 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
7. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
11. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.10% ✓
• Cap rate: 6.84%
• Cash-on-cash: 1.96%
• DSCR: 1.09
• GRM: 7.5

CMA / ARV

• ARV (median comp): $143,929
• List price: $149,999
• Delta: 4.22%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
200 W 21st St	0.05mi	3/1.0	1,152 (0%)	3mo	$160,000	$139	95
312 W 21st St	0.08mi	3/1.0	1,152 (0%)	2mo	$155,000	$135	94
248 W 22nd St	0.04mi	3/1.0	1,152 (0%)	5mo	$130,000	$113	94
327 W 21st St	0.10mi	3/1.5	1,152 (0%)	2mo	$105,312	$91	92
125 W 21st St	0.12mi	3/1.5	1,152 (0%)	1mo	$135,000	$117	92
21 W 21st St	0.17mi	3/1.0	1,151 (-0%)	3mo	$137,500	$119	89
1137 Mulberry St	0.36mi	3/1.5	1,122 (-3%)	2mo	$235,000	$209	75
2535 Lindsay St	0.43mi	3/1.0	1,088 (-6%)	5mo	$80,000	$74	67
2419 Upland St	0.48mi	3/1.0	1,212 (+5%)	3mo	$105,000	$87	66
2534 Sandeland St	0.43mi	2/1.0 (-1)	1,204 (+4%)	4mo	$190,000	$158	64
1009 Mulberry St	0.46mi	3/1.5	1,078 (-6%)	5mo	$215,000	$199	61
215 8th St	0.66mi	2/1.0 (-1)	1,023 (-11%)	3mo	$145,000	$142	43

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 6.88% rent growth · sell at horizon

5-year hold

• IRR: -8.1%
• Equity multiple: 0.69×
• Total profit: $-13,070
• Equity at exit: $22,365

10-year hold

• IRR: 6.5%
• Equity multiple: 1.59×
• Total profit: $24,724
• Equity at exit: $12,969

Cash invested: $42,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Pennsylvania: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

10-day notice; Philadelphia has eviction-court diversion + some protections; otherwise moderate.

Methodology + full state rankings →

ZIP-level market 19013

• Rents YoY: 6.9%
• Active inventory: 140
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $1,657 high
• Mortgage (P&I): −$787
• Tax from tax record: −$391 /mo · $4,695/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$348
• Net cashflow: $69

Break-even live

Break-even rent $1,570

Max offer price $149,999

Occupancy floor 91%

Sensitivity live

Price	-10% $153	-5% $111	+0% $69	+5% $26	+10% $-16
Rent	-10% $-62	-5% $3	+0% $69	+5% $134	+10% $199
Rate	-1.0pp $144	-0.5pp $107	base $69	+0.5pp $30	+1.0pp $-10

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 36 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
330 W 21st St Chester, PA	3.0	1.0	1152	$1,500	$1.30	46d	1	0.09mi
125 W 21st St Chester, PA	4.0	1.5	1152	$1,850	$1.61	26d	1	0.13mi
13 E 21st St Unit A Chester, PA	2.0	1.0	900	$1,250	$1.39	46d	1	0.27mi
25 W Parkway Ave Chester, PA	3.0	1.0	1324	$1,600	$1.21	7d	1	0.33mi
2219 Madison St Unit B Chester, PA	2.0	1.0	800	$1,000	$1.25	46d	1	0.36mi
2607 Edgmont Ave Unit 2F Brookhaven, PA	2.0	1.0	850	$1,600	$1.88	26d	1	0.49mi
30 W Roland Rd Brookhaven, PA	3.0	1.0	1424	$1,695	$1.19	46d	1	0.51mi
314 E 24th St Chester, PA	2.0	1.0–1.5	800	$1,500	$1.88	1d	12	0.52mi
2701 Madison St Chester, PA	1.0–2.0	1.0	860	$1,533	$1.78	4d	10	0.56mi
2015 Hyatt St Chester, PA	3.0	1.5	988	$1,950	$1.97	1d	1	0.73mi
1127 Walnut St Chester, PA	4.0	1.5	1312	$1,600	$1.22	10d	1	0.79mi
814 Upland St Chester, PA	3.0	1.0	1344	$1,525	$1.13	10d	1	0.85mi
51 Park Valley Ln Brookhaven, PA	2.0	1.5	990	$1,795	$1.81	20d	1	0.90mi
89 Park Valley Ln Brookhaven, PA	2.0	1.5	984	$1,705	$1.73	46d	1	0.91mi
1510 Washington Ave Chester, PA	4.0	1.5	1280	$2,000	$1.56	20d	1	0.92mi
1211 Johnson St Chester, PA	3.0	1.0	882	$1,500	$1.70	5d	1	0.95mi
921 E 15th St Chester, PA	3.0	1.0	1279	$1,650	$1.29	1d	1	0.98mi
1118 Brown St Unit 318 Chester, PA	3.0	1.0	1092	$1,900	$1.74	17d	1	1.02mi
1944 Ridley Mill Ln Woodlyn, PA	2.0	1.0	840	$1,600	$1.90	46d	1	1.04mi
418 Penn St Chester, PA	3.0	1.0	1250	$1,350	$1.08	46d	1	1.08mi
1124 Thomas St Chester, PA	3.0	1.0	1046	$1,200	$1.15	26d	1	1.10mi
1206 Thomas St Chester, PA	3.0	1.0	833	$1,399	$1.68	26d	1	1.12mi
407 Beech Rd Apt B Wallingford, PA	2.0	1.0	998	$1,600	$1.60	46d	1	1.18mi
1224 Elson Rd Brookhaven, PA	3.0	2.0	1200	$1,900	$1.58	19d	1	1.21mi
1315 Harshaw Rd Brookhaven, PA	3.0	2.5	1260	$2,395	$1.90	0d	1	1.26mi
280 Bridgewater Rd Brookhaven, PA	1.0–2.0	1.0–1.5	775	$1,695	$2.19	1d	2	1.28mi
280 Bridgewater Rd Brookhaven, PA	1.0–2.0	1.0–1.5	775	$1,800	$2.32	26d	2	1.28mi
403 Trenton Ct Wallingford, PA	2.0	1.0	775	$2,250	$2.90	0d	1	1.30mi
925 W 3rd St Chester, PA	4.0	1.0	1500	$1,700	$1.13	20d	1	1.34mi
532 Brookhaven Rd Brookhaven, PA	1.0–2.0	1.0	720	$1,720	$2.39	1d	10	1.34mi
1312 E 13th St Crum Lynne, PA	3.0	1.0	1280	$1,940	$1.52	20d	1	1.35mi
739 Pennsylvania Ave Wallingford, PA	3.0	1.0	1026	$2,100	$2.05	10d	1	1.39mi
404 Nashville Ct Wallingford, PA	2.0	1.0	868	$1,750	$2.02	20d	1	1.41mi
768 Putnam Blvd Unit A Wallingford, PA	2.0	1.0	889	$1,595	$1.79	26d	1	1.44mi
732 Putnam Blvd Wallingford, PA	2.0	1.0	889	$1,700	$1.91	7d	1	1.48mi
1400 MacDade Blvd Woodlyn, PA	1.0–2.0	1.0	775	$1,600	$2.06	46d	2	1.50mi

Listing history 38 events

1. 2026-06-21
   days on market $149,999 Active 87 DOM
2. 2026-06-18
   days on market $149,999 Active 84 DOM
3. 2026-06-17
   days on market $149,999 Active 83 DOM
4. 2026-06-16
   days on market $149,999 Active 82 DOM
5. 2026-06-15
   days on market $149,999 Active 81 DOM
6. 2026-06-13
   days on market $149,999 Active 79 DOM
7. 2026-06-13
   days on market $149,999 Active 78 DOM
8. 2026-06-09
   days on market $149,999 Active 75 DOM
9. 2026-06-08
   days on market $149,999 Active 74 DOM
10. 2026-06-07
    days on market $149,999 Active 73 DOM
11. 2026-06-04
    days on market $149,999 Active 70 DOM
12. 2026-06-03
    days on market $149,999 Active 69 DOM
13. 2026-06-02
    days on market $149,999 Active 68 DOM
14. 2026-06-01
    days on market $149,999 Active 67 DOM
15. 2026-05-31
    days on market $149,999 Active 66 DOM
16. 2026-04-16
    price $149,999 704-char remark

    Show marketing remark (704 chars)

    Welcome Home! This home features a functional layout with comfortable living and dining areas, three nicely sized bedrooms, and a full bath. The clean, dry unfinished basement which is currently be used as additional living space, provides additional usable space. Ideal for storage, a home office, gym, or recreation. A converted garage adds extra square footage with potential for customization. Enjoy a front yard and a deep rear yard beyond the alley, perfect for outdoor use or future projects. Located just minutes from Subaru Park, home of the Philadelphia Union, with easy access to Philadelphia, Delaware, major highways, shopping, dining, and public transportation. Schedule your showing today.

17. 2026-03-27
    listed $155,000 Active 704-char remark

    Show marketing remark (704 chars)

    Welcome Home! This home features a functional layout with comfortable living and dining areas, three nicely sized bedrooms, and a full bath. The clean, dry unfinished basement which is currently be used as additional living space, provides additional usable space. Ideal for storage, a home office, gym, or recreation. A converted garage adds extra square footage with potential for customization. Enjoy a front yard and a deep rear yard beyond the alley, perfect for outdoor use or future projects. Located just minutes from Subaru Park, home of the Philadelphia Union, with easy access to Philadelphia, Delaware, major highways, shopping, dining, and public transportation. Schedule your showing today.

18. 2026-03-26
    historical $155,000 704-char remark

    Show marketing remark (704 chars)

    Welcome Home! This home features a functional layout with comfortable living and dining areas, three nicely sized bedrooms, and a full bath. The clean, dry unfinished basement which is currently be used as additional living space, provides additional usable space. Ideal for storage, a home office, gym, or recreation. A converted garage adds extra square footage with potential for customization. Enjoy a front yard and a deep rear yard beyond the alley, perfect for outdoor use or future projects. Located just minutes from Subaru Park, home of the Philadelphia Union, with easy access to Philadelphia, Delaware, major highways, shopping, dining, and public transportation. Schedule your showing today.

19. 2026-02-01
    historical
20. 2025-12-14
    listed $160,000 Active
21. 2024-09-23
    soldstatus $128,000
22. 2024-09-20
    soldstatus $128,000 Closed
23. 2024-08-26
    historical Active Under Contract
24. 2024-07-10
    listed $140,000 Active
25. 2023-03-16
    soldstatus $535,000
26. 2007-04-27
    soldstatus $62,000
27. 2007-04-17
    soldstatus $62,000
28. 2007-04-02
    historical
29. 2007-03-12
    listed $62,000
30. 2005-09-27
    soldstatus $64,000
31. 2005-08-18
    soldstatus $64,000
32. 2005-07-11
    historical
33. 2005-06-27
    listed $64,000
34. 2004-01-27
    soldstatus $47,500
35. 2003-12-22
    soldstatus $47,500
36. 2003-11-13
    historical
37. 2003-09-22
    listed $47,500
38. 1980-08-18
    soldstatus $26,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast PA · Partial reset (capped growth)

• Current annual tax: $4,695 · $391/mo
• Projected year-2 tax: $4,695 · $391/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥103°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,883
• − Mortgage interest: −$8,402
• − Property taxes: −$4,695
• − Insurance: −$750
• − Repairs & maintenance: −$1,591
• − Management: −$1,591
• − Depreciation: −$4,364
• Taxable loss: −$1,510
• Est. tax savings @ 24.0%: +$362
• After-tax cash flow: $1,185/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Chester-Upland SD
• NCES district ID: 4205860
• Math proficiency: 4% ▼ -3.00%
• Reading proficiency: 17% ▼ -6.00%
• Median HH income: $29,790
• Composite: 8.05/100
• National rank: #9918
• State rank: #533 of 539 in PA

Livability — Chester

• Score: 73/100
• State rank: #540
• US rank: #5053

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime F Employment F Housing A+ Health & safety A User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Chester, PA
• County: Delaware County · 399,863 people
• City population: 35,064
• Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
• Population (ZIP): 35,064
• Household income: $41,261
• Rent vs Own: 61.0% rent · 39.0% own
• Severe rent burden: 2668.0

Population outlook (Delaware County) Hauer SSP2

• Today (2025): 577,490 people
• By 2030: 581,243 · +0.6%
• By 2040: 584,700 · +1.2%
• By 2050: 586,581 · +1.6%
• By 2075: 598,706 · +3.7%
• By 2100: 590,823 · +2.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (71%)
• Race & ethnicity: Black 71% White 14% Hispanic / Latino 9% Two or more races 4%
• Hispanic origin (detail): Puerto Rican 6%
• Common ancestry: Romanian 2%
• Foreign-born: 4% · Canada
• Languages at home: 92% English-only · Spanish 6%

Political lean MEDSL · Delaware

• 2024 margin: Strong D (+23.7) · D 61.4% · R 37.6% · Other 1.0%
• 2008→2024 swing: +2.3pp toward D · 2008: 21.4pp · 2024: 23.7pp
• All cycles: 2024: D+23.7 2020: D+26.7 2016: D+22.0 2012: D+21.8 2008: D+21.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -149.69%
• Current HPI: 219.5173
• Rent YoY: ▲ 6.88%
• Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
• State GDP YoY: ▲ 1.68%
• F500 in state: 34

Industry mix (Fortune 500 HQ in PA)

Industry	F500 HQs	Revenue
▸Healthcare	2	$309B
▸Insurance	2	$27B
▸Telecommunications / Media	1	$124B
▸Industrial Distribution	1	$22B
▸Financial Services	1	$20B
▸Chemicals / Materials	1	$18B

Price history

+457.6% since first listed

23 events — show timeline

• 2026-04-16 Price Changed $149,999 BRIGHT MLS
• 2026-03-27 Listed $155,000 BRIGHT MLS
• 2026-03-26 Coming Soon $155,000 BRIGHT MLS
• 2026-02-01 Listing Removed — BRIGHT MLS
• 2025-12-14 Listed $160,000 BRIGHT MLS
• 2024-09-23 Sold (Public Records) $128,000 Public Records
• 2024-09-20 Sold (MLS) $128,000 BRIGHT MLS
• 2024-08-26 Contingent — BRIGHT MLS
• 2024-07-10 Listed $140,000 BRIGHT MLS
• 2023-03-16 Sold (Public Records) $535,000 Public Records
• 2007-04-27 Sold (Public Records) $62,000 Public Records
• 2007-04-17 Sold (MLS) $62,000 BRIGHT MLS
• 2007-04-02 Listing Removed — BRIGHT MLS
• 2007-03-12 Listed $62,000 BRIGHT MLS
• 2005-09-27 Sold (Public Records) $64,000 Public Records
• 2005-08-18 Sold (MLS) $64,000 BRIGHT MLS
• 2005-07-11 Listing Removed — BRIGHT MLS
• 2005-06-27 Listed $64,000 BRIGHT MLS
• 2004-01-27 Sold (Public Records) $47,500 Public Records
• 2003-12-22 Sold (MLS) $47,500 BRIGHT MLS
• 2003-11-13 Listing Removed — BRIGHT MLS
• 2003-09-22 Listed $47,500 BRIGHT MLS
• 1980-08-18 Sold (Public Records) $26,900 Public Records

Property tax history

+21.2%/yr

Latest (2026): $4,695 · +261.9% YoY. Source: county tax records.