216 E 24th St · Chester, PA 19013

$140,000

3 bd · 1.0 ba · 1,224 sqft · SingleFamily public records · 5 Days on market

Built 1920 Est $274k · 49% under

---

Why this score? — see what drove the C 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 +19.3/30.0
• ARV discount +15.0/15.0
• 1% rule +6.4/10.0
• DSCR +6.1/10.0
• 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

Brick Colonial End Of Row, Lr Dr Mod Kit Ranch, Fam Rm, Private Driveway W/ Carport, Fenced Yard, Ceiling Fans, Smoke Detectors, Modern Bath, 3 Bedrooms;

Key facts

• Parking up to 4 cars
• Huge back yard
• Newly renovated

Tags

• NEWLY RENOVATED
• NEWLY INSTALLED APPLIANCES
• HARDWOOD FLOORS
• HUGE BACK YARD
• PARKING UP TO 4 CARS

Property features AI

Exterior

• Parking: 4-car garage

Interior

• Bathrooms: 2 full bathrooms; 1 half bathroom
• Interior features: Two full bathrooms and one half bathroom

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $153 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).

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: schools F, 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.
• Market conditions: Rents rising fast (+6.9%/yr); 138 active listings in the ZIP; 34 comparable units currently listed for rent nearby; rentals at typical pace (median 18d 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 $1,593/mo this rent would consume 46% 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 $968 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 6.9% rent growth), your $39k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 29y 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 $80k; list at $140k implies a 75% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 2.7% of price; built in 1920 — 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 $140,000

Questions for the listing agent

1. Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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. 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.
7. 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.
8. 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: 1.14% ✓
• Cap rate: 7.61%
• Cash-on-cash: 4.69%
• DSCR: 1.21
• GRM: 7.3

CMA / ARV

• ARV (on-the-fly): $274,176
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2420 Edgmont Ave	0.31mi	3/1.0	1,295 (+6%)	2mo	$205,000	$158	74
2901 Arlington Ave	0.63mi	3/1.0	1,206 (-2%)	4mo	$316,500	$262	65
2 E Avon Rd	0.43mi	3/1.5	1,138 (-7%)	7mo	$275,000	$242	60
121 W Elbon Rd	0.62mi	3/1.0	1,250 (+2%)	13mo	$320,000	$256	56
100 E Roland Rd	0.51mi	3/2.5	1,310 (+7%)	5mo	$260,250	$199	54
203 W Chelton Rd	0.63mi	3/1.5	1,150 (-6%)	7mo	$316,500	$275	53
138 W Elbon Rd	0.65mi	2/1.0 (-1)	1,189 (-3%)	11mo	$245,000	$206	50
30 W Avon Rd	0.48mi	4/1.0 (+1)	1,383 (+13%)	1mo	$310,000	$224	50
20 W Forrestview Rd	0.69mi	3/1.5	1,300 (+6%)	9mo	$261,500	$201	48
237-E Roland Rd	0.60mi	3/1.5	1,342 (+10%)	10mo	$290,000	$216	46
29 W Avon Rd	0.46mi	3/1.0	1,048 (-14%)	11mo	$300,000	$286	46
245 E Roland Rd	0.60mi	3/2.5	1,388 (+13%)	13mo	$310,000	$223	33

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: -4.1%
• Equity multiple: 0.84×
• Total profit: $-6,351
• Equity at exit: $20,874

10-year hold

• IRR: 10.0%
• Equity multiple: 1.92×
• Total profit: $36,211
• Equity at exit: $12,105

Cash invested: $39,200 (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: 138
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $1,593 high
• Mortgage (P&I): −$734
• Tax from tax record: −$313 /mo · $3,754/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$335
• Net cashflow: $153

Break-even live

Break-even rent $1,399

Max offer price $140,000

Occupancy floor 85%

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: $35,000
• Closing costs: $4,200
• Reserves months: —
• Total cash needed: —

Rent comps 34 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
314 E 24th St Chester, PA	2.0	1.0–1.5	800	$1,500	$1.88	4d	13	0.08mi
2219 Madison St Unit B Chester, PA	2.0	1.0	800	$1,000	$1.25	43d	1	0.10mi
2701 Madison St Chester, PA	1.0–2.0	1.0	860	$1,533	$1.78	1d	10	0.13mi
13 E 21st St Unit A Chester, PA	2.0	1.0	900	$1,250	$1.39	43d	1	0.23mi
125 W 21st St Chester, PA	4.0	1.5	1152	$1,850	$1.61	24d	1	0.33mi
25 W Parkway Ave Chester, PA	3.0	1.0	1324	$1,600	$1.21	5d	1	0.39mi
2015 Hyatt St Chester, PA	3.0	1.0	988	$1,950	$1.97	10d	1	0.44mi
2607 Edgmont Ave Unit 2F Brookhaven, PA	2.0	1.0	850	$1,600	$1.88	24d	1	0.45mi
330 W 21st St Chester, PA	3.0	1.0	1152	$1,500	$1.30	43d	1	0.53mi
30 W Roland Rd Brookhaven, PA	3.0	1.0	1424	$1,695	$1.19	43d	1	0.57mi
1944 Ridley Mill Ln Woodlyn, PA	2.0	1.0	840	$1,600	$1.90	43d	1	0.66mi
89 Park Valley Ln Brookhaven, PA	2.0	1.5	984	$1,705	$1.73	43d	1	0.73mi
51 Park Valley Ln Brookhaven, PA	2.0	1.5	990	$1,795	$1.81	18d	1	0.76mi
1510 Washington Ave Chester, PA	4.0	1.5	1280	$2,000	$1.56	18d	1	0.78mi
407 Beech Rd Apt B Wallingford, PA	2.0	1.0	998	$1,600	$1.60	43d	1	0.86mi
1127 Walnut St Chester, PA	4.0	1.5	1312	$1,600	$1.22	7d	1	0.88mi
1211 Johnson St Chester, PA	3.0	1.0	882	$1,500	$1.70	2d	1	0.91mi
403 Trenton Ct Wallingford, PA	2.0	1.0	775	$2,250	$2.90	1d	1	0.97mi
1118 Brown St Unit 318 Chester, PA	3.0	1.0	1092	$1,900	$1.74	14d	1	0.97mi
814 Upland St Chester, PA	3.0	1.0	1344	$1,525	$1.13	7d	1	1.06mi
1124 Thomas St Chester, PA	3.0	1.0	1046	$1,200	$1.15	24d	1	1.06mi
1206 Thomas St Chester, PA	3.0	1.0	833	$1,399	$1.68	24d	1	1.06mi
739 Pennsylvania Ave Wallingford, PA	3.0	1.0	1026	$2,100	$2.05	7d	1	1.09mi
404 Nashville Ct Wallingford, PA	2.0	1.0	868	$1,750	$2.02	18d	1	1.09mi
1400 MacDade Blvd Woodlyn, PA	1.0–2.0	1.0	775	$1,600	$2.06	43d	2	1.13mi
768 Putnam Blvd Unit A Wallingford, PA	2.0	1.0	889	$1,595	$1.79	24d	1	1.14mi
732 Putnam Blvd Wallingford, PA	2.0	1.0	889	$1,700	$1.91	5d	1	1.18mi
1312 E 13th St Crum Lynne, PA	3.0	1.0	1280	$1,940	$1.52	18d	1	1.20mi
1433 Grant Ave Unit B Woodlyn, PA	2.0	1.0	1200	$1,450	$1.21	43d	1	1.23mi
800 Avondale Rd Unit I2-O Wallingford, PA	2.0	2.0	796	$2,100	$2.64	1d	1	1.30mi
418 Penn St Chester, PA	3.0	1.0	1250	$1,350	$1.08	43d	1	1.45mi
532 Brookhaven Rd Brookhaven, PA	1.0–2.0	1.0	720	$1,690	$2.35	1d	10	1.47mi
280 Bridgewater Rd Brookhaven, PA	1.0–2.0	1.0–1.5	775	$1,800	$2.32	24d	2	1.47mi
280 Bridgewater Rd Brookhaven, PA	1.0–2.0	1.0–2.0	775	$1,695	$2.19	5d	4	1.47mi

Listing history 6 events

1. 2026-06-18
   days on market $140,000 Active 5 DOM
2. 2026-06-17
   days on market $140,000 Active 4 DOM
3. 2026-06-16
   days on market $140,000 Active 3 DOM
4. 2026-06-15
   days on market $140,000 Active 2 DOM
5. 2026-06-13
   remarks 422-char remark
6. 2026-06-13
   listed $140,000 Active 1 DOM

ⓘ 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: $3,754 · $313/mo
• Projected year-2 tax: $3,754 · $313/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: $19,118
• − Mortgage interest: −$7,842
• − Property taxes: −$3,754
• − Insurance: −$700
• − Repairs & maintenance: −$1,529
• − Management: −$1,529
• − Depreciation: −$4,073
• Taxable loss: −$309
• Est. tax savings @ 24.0%: +$74
• After-tax cash flow: $1,914/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

+137.7% since first listed

12 events — show timeline

• 2026-06-09 Listed $140,000 Fizber.com
• 2025-08-07 Sold (Public Records) $80,000 Public Records
• 2000-08-23 Sold (Public Records) $37,100 Public Records
• 2000-08-02 Sold (MLS) $37,100 BRIGHT MLS
• 2000-06-13 Listing Removed — BRIGHT MLS
• 1999-06-23 Listed $37,100 BRIGHT MLS
• 1999-01-13 Listing Removed — BRIGHT MLS
• 1999-01-13 Listed $46,900 BRIGHT MLS
• 1998-12-31 Listing Removed — BRIGHT MLS
• 1998-03-30 Listed $48,900 BRIGHT MLS
• 1997-08-01 Listing Removed — BRIGHT MLS
• 1997-08-01 Listed $58,900 BRIGHT MLS

Property tax history

+18.8%/yr

Latest (2026): $3,754 · +143.3% YoY. Source: county tax records.