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$1,825,000 Just Listed
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Property Description
Tthirteen 1-bedroom units in Downingtown, all leased to private-pay tenants. Located on Paul Nelms Drive, the property includes an additional land lot offering potential for future development, subject to applicable approvals. The 100% private-pay tenant base provides exposure to market rents without income-restriction requirements. With 13 units, the property offers operational scale and diversified rental income in a Downingtown market characterized by limited housing availability. This property is being offered as part of a larger 72-unit portfolio consisting of 10 multifamily and mixed-use investment properties located throughout Chester County, Pennsylvania.
Full Property Details
Full Property Details for 8 Paul Nelms Dr
General
- Price: $1,825,000
- Taxes: $13,843 (2026)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PACT2134968
- Updated: Today (9/11/2026)
- Added to Site: Today
Business
- Business Type: Apartment Building
Parking
- Total Spaces: 20
- Parking Type: Off Site, Parking Lot
Location
- Area: Caln Twp (10339)
- Municipality: CALN TWP
- County: CHESTER
- Building Name: MANSION HOUSE
- Cross Streets: Deer Dr
- Driving Directions: GPS
Heating & Cooling
- Cooling Type: None
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric, Other
- Heating Fuel: Other
- Water Heater: Other
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Other
- Basement: Yes
- Stories Description: Main
- Building Size: 8595
- Year Built: 1900
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 1.17
- Lot Size (Sq. Ft.): 51,139
- Lot Size Source: Assessor
- Lot Dimensions: 0 x 0
- Zoning: COMM
Financial Considerations
- Price Per Sq. Ft.: $212.33
- Operating Expenses: $40,421
- Assessment Year: 2026
- School Tax: $10,974
- City/TownTax: $1,634
- City/TownTax Freq: Annually
- County Tax: $1,234
- County Tax Freq: Annually
- Tax w/Assessment: $239,010
- Tax Amount: $13,843
- Tax Year: 2026
Disclosures and Reports
- Ownership: Fee Simple
- Investment: Yes
- Lot Number: 39
Listed by Real of Pennsylvania, Beau McGettigan
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Schools
Schools serving 8 Paul Nelms Dr
School District:Coatesville Area School District
| Name | Grades | Distance |
|---|---|---|
Caln El School 3609 Lincoln Highway, Thorndale, PA 19372 | K-5 | 0.9 mi |
Scott Middle School 800 Olive Street, Coatesville, PA 19320 | 6- | 4 mi |
Coatesville Intermediate High School 1425 E Lincoln Highway, Coatesville, PA 19320 | 9-10 | 3.4 mi |
North Brandywine Middle School 256 Reeceville Rd, Coatesville, PA 19320 | 7-8 | 3.4 mi |
Coatesville Area Senior High School 1445 Lincoln Highway East, Coatesville, PA 19320 | 11-12 | 3.4 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 8 Paul Nelms Dr
Date
Details
Price
Change
Source
9/11/2026
Listed
$1,825,000
25.86%
MLS
10/30/2025
Sold
$1,450,000
—
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 8 Paul Nelms Dr
Year
Property Taxes
Change
Tax Assessment
Change
2026
$1,347
-90%
$239,010
—
2025
$12,928
4%
$239,010
—
2024
$12,423
2%
$239,010
—
2023
$12,165
3%
$239,010
—
2022
$11,800
11%
$239,010
—
2020
$10,655
-3%
$239,010
—
2020
$11,001
2%
$239,010
—
2019
$10,799
6%
$239,010
—
2018
$10,215
4%
$239,010
—
2017
$9,868
2%
$239,010
-3%
2016
$9,681
—
$247,430
—
2015
$9,643
2%
$247,430
—
2014
$9,443
—
$247,430
—
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 8 Paul Nelms Dr
8 Paul Nelms Drive, Downingtown, PA 19335 (MLS# PACT2134968) is a Apartment property. 8 Paul Nelms Drive is currently listed for $1,825,000 and was received on September 11, 2026. Want to learn more about 8 Paul Nelms Drive? Do you have questions about finding other Apartment real estate for sale in Downingtown? You can browse all Downingtown real estate or contact a Coldwell Banker agent to request more information.

