2314 W 3rd St · Chester, PA 19013

$159,999

3 bd · 1.0 ba · 1,250 sqft · Townhouse public records · 35 Days on market

Built 1925 2,178 sqft lot Est $138k · 16% over

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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
• DSCR +4.9/10.0
• Rent growth +4.2/5.0
• 1% rule +4.1/10.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Schools +0.8/10.0
• ARV discount +0.1/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Contractors, investors and flippers, are you looking for your next property? Look no further this home is ready for a new life. Large open floor plan with living room, dining room and kitchen all flowing together on 1st floor. Behind the kitchen is a room that would make a great pantry or laundry room. Upstairs are 3 large bedrooms and a full bath.

Key facts

• Close to 95 corridor
• Renovated row home
• Remodeled kitchen

Tags

• RENOVATED ROW HOME
• OPEN-CONCEPT MAIN LEVEL
• REMODELED KITCHEN
• TURNKEY OPTION
• CLOSE TO 95 CORRIDOR
• CLOSE TO WIDNER UNIVERSITY

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath townhouse listed at $160k.

Deal economics

• At list price, monthly cash flow is $75 ($895/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $145k (9.3% below list).
• Recommended offer: $145k (9.3% below list) — sets the bar for 1% rule.

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; 16 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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).
• This rent runs 42% of the median local income ($41k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 35 days — a 3% lower offer ($155k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 4y ago; this cycle's ask has dropped $15k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $45k; list at $160k implies a 256% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1925 — 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 $145,112 (9.3% below list)

Questions for the listing agent

1. It's been on market 35 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1925 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 0.91% ✗
• Cap rate: 6.85%
• Cash-on-cash: 2.00%
• DSCR: 1.09
• GRM: 9.2

CMA / ARV

• ARV (on-the-fly): $137,500
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2314 W 3rd St	0.00mi	3/2.0	1,250 (0%)	1mo	$159,000	$127	95
2610 W 7th St	0.34mi	3/1.0	1,280 (+2%)	2mo	$81,000	$63	78
2611 W 6th St	0.28mi	3/1.0	1,172 (-6%)	1mo	$72,000	$61	75
2012 W 6th St	0.31mi	3/1.5	1,260 (+1%)	10mo	$101,000	$80	74
715 Engle St	0.32mi	3/2.0	1,268 (+1%)	10mo	$130,000	$103	71
708 Ward St	0.34mi	3/2.0	1,353 (+8%)	2mo	$170,000	$126	65
2624 Mccarey St	0.57mi	3/1.0	1,210 (-3%)	6mo	$75,000	$62	64
606 Norris St	0.67mi	3/1.0	1,188 (-5%)	2mo	$149,500	$126	59
1305 Highland Ave	0.72mi	3/1.0	1,210 (-3%)	4mo	$125,000	$103	57
2603 Swarts St	0.69mi	3/1.0	1,196 (-4%)	11mo	$140,000	$117	52
3011 W 7th St	0.54mi	3/1.0	1,088 (-13%)	3mo	$120,000	$110	51
1340 W 7th St	0.71mi	3/1.0	1,392 (+11%)	0mo	$179,000	$129	48

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: -9.0%
• Equity multiple: 0.66×
• Total profit: $-15,287
• Equity at exit: $23,856

10-year hold

• IRR: 4.9%
• Equity multiple: 1.42×
• Total profit: $18,976
• Equity at exit: $13,834

Cash invested: $44,800 (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: 9.2×

Monthly cashflow live

• Estimated rent: $1,451 high
• Mortgage (P&I): −$839
• Tax from tax record: −$166 /mo · $1,993/yr
• Insurance: −$67
• HOA: −$0
• Vacancy / Maint / Mgmt: −$305
• Net cashflow: $75

Break-even live

Break-even rent $1,357

Max offer price $159,999

Occupancy floor 90%

Sensitivity live

Price	-10% $165	-5% $120	+0% $75	+5% $29	+10% $-16
Rent	-10% $-40	-5% $17	+0% $75	+5% $132	+10% $189
Rate	-1.0pp $155	-0.5pp $115	base $75	+0.5pp $33	+1.0pp $-9

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: $40,000
• Closing costs: $4,800
• Reserves months: —
• Total cash needed: —

Rent comps 16 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2106 W 4th St Unit 2 Chester, PA	2.0	1.0	1736	$1,100	$0.63	45d	1	0.13mi
2723 W 3rd St Unit 1F Chester, PA	4.0	1.5	1800	$1,425	$0.79	26d	1	0.32mi
2723 W 3rd St Unit 1F Chester, PA	4.0	1.5	1800	$1,425	$0.79	7d	1	0.32mi
2723 W 3rd St Unit 1F Chester, PA	4.0	1.5	1800	$1,500	$0.83	45d	1	0.32mi
2723 W 3rd St Unit 1F Chester, PA	4.0	1.5	1800	$1,425	$0.79	22d	1	0.32mi
425 Highland Ave Apt A Chester, PA	2.0	1.5	990	$1,000	$1.01	22d	1	0.34mi
425 Highland Ave Apt A Chester, PA	2.0	1.5	1829	$1,000	$0.55	45d	1	0.34mi
2832 W 6th St Unit 306 Chester, PA	3.0	1.0	1428	$1,500	$1.05	6d	1	0.46mi
2104 N Williams Cir Chester, PA	4.0	1.5	1540	$1,895	$1.23	45d	1	0.57mi
1425 Highland Ave Chester, PA	3.0	1.0	1212	$7,998	$6.60	0d	1	0.83mi
925 W 3rd St Chester, PA	4.0	1.0	1500	$1,700	$1.13	20d	1	0.88mi
3312 W 13th St Chester, PA	2.0	1.0	936	$1,499	$1.60	23d	1	0.90mi
2717 Bethel Rd Chester, PA	3.0	1.0	1785	$1,350	$0.76	7d	1	0.94mi
418 Penn St Chester, PA	3.0	1.0	1250	$1,350	$1.08	45d	1	1.42mi
1315 Harshaw Rd Brookhaven, PA	3.0	2.5	1260	$2,395	$1.90	0d	1	1.44mi
1224 Elson Rd Brookhaven, PA	3.0	2.0	1200	$1,900	$1.58	19d	1	1.49mi

Listing history 11 events

1. 2026-04-27
   status Pending
2. 2026-04-15
   price $159,999
3. 2026-04-10
   price $164,999
4. 2026-03-23
   listed $175,000 Active
5. 2022-08-17
   soldstatus $45,000
6. 2022-08-15
   soldstatus $45,000 Closed 350-char remark

   Show marketing remark (350 chars)

   Contractors, investors and flippers, are you looking for your next property? Look no further this home is ready for a new life. Large open floor plan with living room, dining room and kitchen all flowing together on 1st floor. Behind the kitchen is a room that would make a great pantry or laundry room. Upstairs are 3 large bedrooms and a full bath.

7. 2022-08-02
   status Pending 350-char remark

   Show marketing remark (350 chars)

   Contractors, investors and flippers, are you looking for your next property? Look no further this home is ready for a new life. Large open floor plan with living room, dining room and kitchen all flowing together on 1st floor. Behind the kitchen is a room that would make a great pantry or laundry room. Upstairs are 3 large bedrooms and a full bath.

8. 2022-07-11
   historical Active Under Contract 350-char remark

   Show marketing remark (350 chars)

   Contractors, investors and flippers, are you looking for your next property? Look no further this home is ready for a new life. Large open floor plan with living room, dining room and kitchen all flowing together on 1st floor. Behind the kitchen is a room that would make a great pantry or laundry room. Upstairs are 3 large bedrooms and a full bath.

9. 2022-07-01
   listed $50,000 Active 350-char remark

   Show marketing remark (350 chars)

   Contractors, investors and flippers, are you looking for your next property? Look no further this home is ready for a new life. Large open floor plan with living room, dining room and kitchen all flowing together on 1st floor. Behind the kitchen is a room that would make a great pantry or laundry room. Upstairs are 3 large bedrooms and a full bath.

10. 1995-04-27
    soldstatus $28,000
11. 1992-09-02
    soldstatus $8,000

ⓘ 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: $1,993 · $166/mo
• Projected year-2 tax: $2,260 · $188/mo
• Expected delta: +$268/yr (+$22/mo · 13.4%)

ⓘ 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 ≥105°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,413
• − Mortgage interest: −$8,962
• − Property taxes: −$1,993
• − Insurance: −$800
• − Repairs & maintenance: −$1,393
• − Management: −$1,393
• − Depreciation: −$4,655
• Taxable loss: −$1,782
• Est. tax savings @ 24.0%: +$428
• After-tax cash flow: $1,323/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

+1900.0% since first listed

11 events — show timeline

• 2026-04-27 Pending — BRIGHT MLS
• 2026-04-15 Price Changed $159,999 BRIGHT MLS
• 2026-04-10 Price Changed $164,999 BRIGHT MLS
• 2026-03-23 Listed $175,000 BRIGHT MLS
• 2022-08-17 Sold (Public Records) $45,000 Public Records
• 2022-08-15 Sold (MLS) $45,000 BRIGHT MLS
• 2022-08-02 Pending — BRIGHT MLS
• 2022-07-11 Contingent — BRIGHT MLS
• 2022-07-01 Listed $50,000 BRIGHT MLS
• 1995-04-27 Sold (Public Records) $28,000 Public Records
• 1992-09-02 Sold (Public Records) $8,000 Public Records

Property tax history

+19.3%/yr

Latest (2026): $1,993 · +143.3% YoY. Source: county tax records.