217 White Ave Marcus Hook, PA 19061
Lower Chichester AreaEstimated payment $3,923/month
Highlights
- 0.57 Acre Lot
- Deck
- 2 Car Detached Garage
- Colonial Architecture
- Garden View
- Porch
About This Home
*NOTICE: This is a legal 5-unit commercial multifamily asset. Due to MLS data entry constraints, it is flagged as a 4-unit in this residential sub-category.Full 5-unit details are published under primary Commercial MLS#PADE2114280 Rare opportunity to acquire a fully occupied, turnkey 5-unit multifamily investment asset generating approximately $77,100 gross annual income with estimated NOI of approximately $53,500 and an attractive 9.3% cap rate at asking price. Stabilized long-term tenancy, strong in-place cash flow, and favorable debt-service coverage characteristics position this property well for conventional commercial, DSCR, and multifamily financing options. Investor-friendly unit mix includes three 1BR units and two 2BR units. Extensive recent capital improvements include updated kitchens and bathrooms throughout, newer roof, and newly constructed oversized private deck off Unit D enhancing rental appeal and future income growth potential. Additional income opportunities include on-site laundry, potential garage/storage rental income, future parking expansion possibilities, and possible rear-yard expansion or redevelopment potential subject to buyer’s independent zoning and municipal approvals. Property features a 2-car garage, loft storage area, large multi-vehicle driveway, strong curb appeal, and limited deferred maintenance. Excellent opportunity for investors, local landlords, and 1031 exchange buyers seeking a stabilized, financeable, income-producing multifamily asset with immediate cash flow and long-term upside in a strong Delaware County rental market. Financials, OM, and rent roll available upon request. Serious qualified investors only.
Listing Agent
(610) 565-1995 klrw709@kw.com Keller Williams Real Estate - Media Brokerage Phone: 6105651995 License #BK3104005 Listed on: 05/13/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,460
Year Built
- Built in 1942 | Remodeled in 2021
Lot Details
- 24,829 Sq Ft Lot
- Lot Dimensions are 108.00 x 200.00
- Level Lot
- Back, Front, and Side Yard
- Property is in very good condition
Parking
- 2 Car Detached Garage
- 6 Driveway Spaces
- Public Parking
- Parking Storage or Cabinetry
- On-Street Parking
Home Design
- Colonial Architecture
- Stone Foundation
- Pitched Roof
- Shingle Roof
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- 5,100 Sq Ft Home
- Garden Views
- Partial Basement
Flooring
- Partially Carpeted
- Laminate
- Tile or Brick
- Luxury Vinyl Plank Tile
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Deck
- Porch
Location
- Suburban Location
Schools
- Chichester Senior High School
Utilities
- Window Unit Cooling System
- Radiator
- Heating System Uses Natural Gas
- Hot Water Heating System
- 200+ Amp Service
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 197-000
- Assessor Parcel Number 08-00-01195-00
Community Details
Overview
- 4 Units
- 2-Story Building
- Marshall Terrace Subdivision
Building Details
- Insurance Expense $2,000
- Trash Expense $1,200
- Operating Expense $19,745
- Gross Income $77,100
- Net Operating Income $53,500
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $11,569 | $274,820 | $58,860 | $215,960 |
| 2025 | $10,289 | $274,820 | $58,860 | $215,960 |
| 2024 | $10,289 | $274,820 | $58,860 | $215,960 |
| 2023 | $9,584 | $274,820 | $58,860 | $215,960 |
| 2022 | $9,025 | $274,820 | $58,860 | $215,960 |
| 2021 | $13,261 | $274,820 | $58,860 | $215,960 |
| 2020 | $8,268 | $164,000 | $68,730 | $95,270 |
| 2019 | $8,613 | $164,000 | $68,730 | $95,270 |
| 2018 | $8,636 | $164,000 | $0 | $0 |
| 2017 | $8,571 | $164,000 | $0 | $0 |
| 2016 | $900 | $164,000 | $0 | $0 |
| 2015 | $900 | $164,000 | $0 | $0 |
| 2014 | $900 | $164,000 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/13/2026 05/13/26 | For Sale | $575,000 | 0.0% | $113 / Sq Ft | |
| 05/05/2023 05/05/23 | Rented | $1,000 | 0.0% | -- | |
| 04/26/2023 04/26/23 | Under Contract | -- | -- | -- | |
| 02/22/2023 02/22/23 | For Rent | $1,000 | 0.0% | -- | |
| 04/05/2013 04/05/13 | Sold | $150,000 | -41.2% | $80 / Sq Ft | View Prior Sale |
| 03/04/2013 03/04/13 | Pending | -- | -- | -- | |
| 09/19/2011 09/19/11 | For Sale | $254,900 | -- | $136 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $150,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Bright MLS
MLS Number: PADE2115394
APN: 08-00-01195-00
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