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$938,000 Just Listed
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Property Description
Six-unit multifamily investment opportunity located in Coatesville, PA. The property consists of five apartment units and one detached single-family residence, offering a diverse unit mix that includes one-, two-, and three-bedroom floor plans. The property currently generates approximately $7,400 per month in gross rental income ($88,800 annually). The tenant base includes a mix of Housing Authority of Chester County (HACC) and private-pay residents, with five of the six units benefiting from government-backed rental assistance. This blend of subsidized and market-rate tenancy provides stable in-place cash flow while serving the area's strong workforce housing demand. Conveniently located near downtown Coatesville, major commuter routes, public transportation, and regional employment centers, the property is well positioned within an established residential neighborhood with continued rental demand. This property is being offered individually or as part of a 75-Unit Portfolio, a larger collection of 11 multifamily and mixed-use investment properties located in close proximity. Full Offering Memorandum and Portfolio information, financials, and supplemental offering materials are available upon request.
Full Property Details
Full Property Details for 386 Madison St
General
- Price: $938,000
- Taxes: $9,467 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PACT2129264
- Updated: 6/25/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Apartment Building
Parking
- Total Spaces: 8
- Parking Type: Parking Lot
Location
- Area: Coatesville City (10316)
- Municipality: COATESVILLE CITY
- County: CHESTER
- Driving Directions: GPS
Heating & Cooling
- Cooling Type: None
- Cooling Fuel: Electric
- Heating Type: 90% Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Other
- Building Size: 1408
- Year Built: 1956
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.39
- Lot Size (Sq. Ft.): 16,950
- Lot Size Source: Assessor
- Zoning: C
Financial Considerations
- Price Per Sq. Ft.: $666.19
- Assessment Year: 2026
- School Tax: $6,636
- City/TownTax: $2,058
- City/TownTax Freq: Annually
- County Tax: $772
- County Tax Freq: Annually
- Tax w/Assessment: $149,590
- Tax Amount: $9,467
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 307
Listed by Real of Pennsylvania, Beau McGettigan
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Schools
Schools serving 386 Madison St
School District:Coatesville Area School District
| Name | Grades | Distance |
|---|---|---|
Rainbow El School 1113 West Lincoln Highway, Coatesville, PA 19320 | K-5 | 1.3 mi |
Scott Middle School 800 Olive Street, Coatesville, PA 19320 | 6- | 1.5 mi |
Coatesville Intermediate High School 1425 E Lincoln Highway, Coatesville, PA 19320 | 9-10 | 2.1 mi |
North Brandywine Middle School 256 Reeceville Rd, Coatesville, PA 19320 | 7-8 | 3.1 mi |
Coatesville Area Senior High School 1445 Lincoln Highway East, Coatesville, PA 19320 | 11-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 386 Madison St
Date
Details
Price
Change
Source
6/25/2026
Listed
$938,000
34%
MLS
2/28/2024
Sold
$700,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 386 Madison St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$947
-90%
$149,590
—
2025
$9,243
3%
$149,590
—
2024
$8,995
1%
$149,590
—
2023
$8,905
8%
$149,590
—
2022
$8,249
—
$149,590
—
2020
$8,210
-3%
$149,590
—
2020
$8,426
3%
$149,590
—
2019
$8,210
3%
$149,590
—
2018
$7,935
3%
$149,590
—
2017
$7,717
3%
$149,590
—
2016
$7,468
2%
$149,590
—
2015
$7,342
2%
$149,590
—
2014
$7,221
—
$149,590
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 386 Madison St
386 Madison Street, Coatesville, PA 19320 (MLS# PACT2129264) is a Apartment property. 386 Madison Street is currently listed for $938,000 and was received on June 25, 2026. Want to learn more about 386 Madison Street? Do you have questions about finding other Apartment real estate for sale in Coatesville? You can browse all Coatesville real estate or contact a Coldwell Banker agent to request more information.

