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Listing 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

Facts & features

Interior

Bedrooms
3
Bathrooms
1 full
Living area
1,785 sq ft
Heating
Forced Air
Cooling
None

Property & construction

Property type
Residential · Twin/Semi-Detached
Architectural style
Traditional
Year built
1920

Lot & parking

Lot size
0.05 acres (2,178 sq ft)

Financial

Price / sq ft
$92
HOA dues
None

Listing details

MLS #
PADE2119136
County
Delaware County
School district
Chester-Upland
Days on market
1 day

Price history

DateEventPrice
Jul 7, 2026Listed for sale$165,000

Price changes are tracked from when NookLocal first indexed this listing; earlier history may not appear. Tax & assessment details are in the section below.

The NookLocal estimate

Estimated value

$163,000

Automated estimate, not an appraisal. Sale records through July 2026.

About this estimate

Based on 10 comparable sales nearby, the Delaware County assessment ratio, weighted toward the current asking price.

Current list price
$165,000
County assessment implies
$115,959
Est. property taxes at today's rates
$1,210/yr

Comparable Sales

AddressClosedSale priceBd/BaSqftAdjusted value
414 E 20TH ST, CHESTER, PA 19013February 2026$192,0003/11,713$211,120
50 E 22 ND ST, CHESTER, PA 19013October 2025$155,0003/11,828$173,335
1 W MOWRY ST, CHESTER, PA 19013July 2025$120,0003/11,664$129,720
714 E 23RD ST, CHESTER, PA 19013May 2026$250,0003/11,975$208,744
2906 W 11TH ST, CHESTER, PA 19013November 2025$168,0003/11,742$172,569
1233 CROSBY ST, CHESTER, PA 19013May 2026$69,9004/11,880$66,583

Estimated taxes

Estimated at current rates

$1,210 / year

$101 per month

MLS shows (2026)

$1,877

-35.5% at current rates

School tax

CHESTER-UPLAND · 14.49 mills (2025-26)

$918

County tax

Delaware County · 4.61 mills (2026)

$292

Municipal tax

Not reported in the MLS feed

Assessment note: this home is assessed at $63,360, well below the ~$90,156 its asking price implies at Delaware County's common level ratio (54.6%). A sale near asking can invite a school-district assessment appeal that could raise the bill by roughly $512/year. Worth pricing in.

Recomputed from the county assessment ($63,360, 2021 base year) × current millage. Portals typically reprint the recorded 2026 bill. Pennsylvania does not reassess on sale. Estimate only. Verify with Delaware County before relying on it. Learn more: PA property tax calculator · Common Level Ratio by county.

Estimated monthly payment calculator

$33,000 (20%)
6.43%

Loan term

Estimated monthly payment

$977/mo

Principal & interest
$828
Property taxes (current rates)
$101
Home insurance (est.)
$48

Taxes use NookLocal's estimate at current millage rates, not the stale figure on the MLS. The default rate is the average 30-year rate as of July 2026; insurance is estimated at 0.35% of the price per year. Below 20% down, lenders usually add mortgage insurance, which this estimate doesn't include. Estimate only; verify before relying on it.

Area statistics

School district

Chester-Upland

Academic index
22.9/100
Graduation rate
77.1%
PSSA ELA proficient
9.7%
PSSA Math proficient
5.6%

2025 PA state assessments (PSSA / Keystone) and graduation data. The index measures student outcomes, not school effectiveness, and is not adjusted for demographics. Districts serve all residents; verify enrollment boundaries with the district.

Safety data

Delaware County crime & safety numbers →

FBI and Pennsylvania source data, presented without spin.

Property taxes

Delaware County taxes, explained →

Millage, the Common Level Ratio, and what changes after you buy.

© BRIGHT, All Rights Reserved

Information Deemed Reliable But Not Guaranteed

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which United Real Estate Strive 212 participates, and is provided by BRIGHT through a licensing agreement.

IDX listings are displayed pursuant to broker of record United Real Estate Strive 212, Frank Ramos, Broker/Owner, PA Broker License RM424345, 1220 Broadcasting Rd, Suite 201, Wyomissing, PA 19610, (610) 372-0212.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

Data last updated: July 8, 2026 at 2:33 PM EDT

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