$515,000
1304 Mary Jane Ln, West Chester, PA 19380
Listed by RE/MAX Main Line-West Chester
Exceptional Phoenixville Investment Opportunity – Spacious Duplex with Endless Possibilities! Don't miss this investment opportunity in the heart of Phoenixville Borough! This well-maintained, oversized duplex offers incredible flexibility for investors, owner-occupants, or anyone looking to maximize rental income in one of Chester County's most desirable locations. Lovingly maintained and family occupied for many years, this property reflects pride of ownership and has benefited from continuous care and numerous improvements over the years. The first-floor apartment features 2 spacious bedrooms, 1 updated full bath, a bright living room, a renovated eat-in kitchen, and a large, enclosed wrap-around porch that provides additional living and entertaining space. The second and third floors combine to create a generous 3-bedroom residence complete with an inviting living room, formal dining room, renovated eat-in kitchen with a center island, and an updated full bath, offering plenty of room for comfortable living. Throughout the property you'll appreciate numerous updates, including updated electrical, replacement windows, renovated kitchens, and updated bathrooms, making this an excellent addition to any real estate investment portfolio. Outside, the property continues to impress with a 2-car detached garage, 4 off-street parking spaces, large, fenced backyard, and charming gazebo—a rare find within the borough. Location is everything, and this property delivers! Conveniently situated on a public transportation route, you'll enjoy being just a short walk to vibrant Downtown Phoenixville, restaurants, breweries, boutique shopping, schools, and the popular Fisher Park, located directly behind the property with tennis courts, & playground. Whether you're looking to Live in one unit and rent the other to offset your mortgage, rent both units for strong income potential, add a quality multi-family property to your investment portfolio, or convert it back into an impressive single-family home, this property offers outstanding versatility and long-term value. Properties that offer this combination of location, flexibility, updates, parking, outdoor space, and income potential are increasingly difficult to find in Phoenixville Borough. Whether you're an investor or future homeowner, this is an opportunity you won't want to miss. The property is being sold As-Is, and the Use & Occupancy (U&O) requirements and ordering are the responsibility of the buyer. Many significant updates have been completed, making this an exceptional opportunity in a highly sought-after location.
How the bedrooms and baths are distributed across the floors, as reported by the listing agent.
| Date | Event | Price |
|---|---|---|
| Aug 21, 2026 | Price reduced | $525,000 |
| Aug 7, 2026 | Listed for sale | $540,000 |
Price changes are tracked from when NookLocal first indexed this listing; earlier history may not appear. Tax & assessment details are in the section below.
Estimated value
$527,000
Automated estimate, not an appraisal. Sale records through July 2026.
Based on 10 comparable sales nearby, the Chester County assessment ratio, weighted toward the current asking price.
| Address | Closed | Sale price | Bd/Ba | Sqft | Adjusted value |
|---|---|---|---|---|---|
| 251 3RD AVE, PHOENIXVILLE, PA 19460 | July 2026 | $821,515 | 4/2 | 2,170 | $825,437 |
| 114 WASHINGTON AVE, PHOENIXVILLE, PA 19460 | May 2026 | $715,000 | 4/1 | 2,106 | $798,796 |
| 241 2ND AVE, PHOENIXVILLE, PA 19460 | September 2025 | $561,000 | 5/2 | 2,375 | $545,914 |
| 280 GRIFFEN ST, PHOENIXVILLE, PA 19460 | July 2025 | $590,000 | 4/2 | 2,100 | $623,844 |
| 222 COLDSTREAM RD, PHOENIXVILLE, PA 19460 | July 2026 | $525,000 | 5/2 | 2,097 | $517,331 |
| 6 EMMETT ST, PHOENIXVILLE, PA 19460 | March 2026 | $466,900 | 4/3 | 2,123 | $457,258 |
Estimated at current rates
$6,518 / year
≈ $543 per month
MLS shows (2026)
$6,681
-2.4% at current rates
School tax
PHOENIXVILLE AREA · 35.08 mills (2025-26)
$4,675
County tax
Chester County · 5.16 mills (2026)
$688
Municipal tax
As recorded for 2026, varies by municipality
$1,155
Recomputed from the county assessment ($133,260, 1998 base year) × current millage. School millage is from the latest year certified by the Pennsylvania Department of Education (2025-26); districts adopt the next year's budgets each June, and we update when the state certifies the statewide file in the fall. Portals typically reprint the recorded 2026 bill. Pennsylvania does not reassess on sale. Estimate only. Verify with Chester County before relying on it. Learn more: PA property tax calculator · Common Level Ratio by county.
Loan term
Estimated monthly payment
$3,332/mo
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.
School district
Phoenixville Area
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
Chester County crime & safety numbers →
County figures from FBI and Pennsylvania source data.
Property taxes
Chester County taxes, explained →
Millage, the Common Level Ratio, and what changes after you buy.
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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: August 22, 2026 at 2:08 PM EDT
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