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2315 Madison St, Chester, PA, 19013

3beds
1baths
1,785sqft
$165,000
$92price/sqft
$1,386/moest. monthly cost
$55,440/yrincome needed

About This Home

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

Getting Around

57
WalkingSomewhat Walkable
42
TransitSome Transit
49
BikeSomewhat Bikeable

Schools

5/10
Edgmont Scholars AcademyGrades K-80.6 mi
4/10
Stetser El SchoolGrades PK-60.5 mi

Construction

Condition

  • Year built: 1920

Materials

  • Foundation: Stone
  • Construction materials: Brick

Notable Dates

  • Major remodel year: 2013

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater
  • Laundry features: Main Level,Hookup

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Full,Exterior Entry,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Number of fireplaces: 1
  • Fireplace features: Decorative
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,785

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 1,785
  • Total interior livable area: 1,785 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 49010216000
  • Attached to another structure: Yes
  • Zoning: R-2
  • Special condition: Standard
  • Exclusions: Tenant Owned Appliances And Personal Belongings

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 2,178 sqft

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Winter Weather
Cold Wave
Earthquake
Lightning
Strong Wind
Tornado
Tsunami

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $834$10,008
Home Insurance *$106$1,272
Property Taxes $222$2,664
Electricity $224$2,692
Total$1,386$16,632
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$47,520/yr
40% on housing$41,580/yr
45% on housing$36,960/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.5%
9.5%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: -1.0%
-1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$92This listing

vs Other Active Listings

Avg $/sqft

ZIP 19013$77
Delaware County$182

vs Homes Sold Last Month

Median $/sqft

ZIP 19013$115
Delaware County$233

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-07Listed for sale$165,000
2012-12-21Sold$16,740
2007-07-23Sold$12,502
1998-08-05Sold$5,800
1994-06-21Sold$35,000

For Sale by Agent

AgentJennifer Rothenberger
BrokerageCompass RE

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