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$749,900 Just Listed
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Property Description
Add this fully leased 5-unit multi-family property in Wallace Township to your investment portfolio! Situated along historic Creek Road, this income-producing property features a desirable mix of two 1-bedroom units, two 2-bedroom units, and one 3-bedroom unit. The property has been well cared for, offers ample off-street parking, and is conveniently located near shopping, restaurants, and public transportation. Separate electric meters help simplify management, and the recently updated Unit #3 offers strong potential for future rental increases. Reach out for information on the current income and operating expenses, or to schedule your private tour! Downingtown Schools.
Full Property Details
Full Property Details for 2040 Creek Rd
General
- Price: $749,900
- Taxes: $6,545 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PACT2129822
- Updated: 7/14/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Apartment Building
Parking
- Total Spaces: 12
- Parking Type: Driveway
Location
- Area: Wallace Twp (10331)
- Municipality: WALLACE TWP
- County: CHESTER
- Driving Directions: Via I-176 S. Take exit 2 for PA-10 S/PA-23 toward Honey Brook. Turn left onto PA-10 N/PA-23 E/W Main St. Continue straight onto PA-23 E/Main St. Turn right onto PA-401 E/W Conestoga Rd. Turn right onto PA-82 S. Turn right to stay on PA-82 S. Turn left onto PA-282 E/Creek Rd. Use GPS for best results.
School Information
- High School: Downingtown Hs West Campus
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Well
Structural Information
- Construction: Vinyl Siding
- Building Size: 5833
- Year Built: 1900
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.26
- Lot Size (Sq. Ft.): 11,502
- Lot Size Source: Assessor
- Zoning: RESIDENTIAL
Financial Considerations
- Price Per Sq. Ft.: $128.56
- Assessment Year: 2026
- School Tax: $5,633
- City/TownTax Freq: Annually
- County Tax: $911
- County Tax Freq: Annually
- Tax w/Assessment: $176,550
- Tax Amount: $6,545
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 14
Listed by Keller Williams Platinum Realty - Wyomissing, Susan F McFadden
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Schools
Schools serving 2040 Creek Rd
School District:Downingtown Area School District
| Name | Grades | Distance |
|---|---|---|
Springton Manor El School 400 Fairview Road, Glenmoore, PA 19343 | K-5 | 0.5 mi |
Marsh Creek Sixth Grade Center 489 Dorlan Mill Road, Downingtown, PA 19335 | 6- | 4.5 mi |
Downington Middle School 115 Rock Raymond Road, Downingtown, PA 19335 | 7-8 | 6.1 mi |
Downingtown High School West Campus 445 Manor Avenue, Downingtown, PA 19335 | 9-12 | 6.2 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 2040 Creek Rd
Date
Details
Price
Change
Source
7/13/2026
Listed
$749,900
141.9%
MLS
6/12/2008
Sold
$310,000
—
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 2040 Creek Rd
Year
Property Taxes
Change
Tax Assessment
Change
2026
$655
-90%
$176,550
—
2025
$6,334
5%
$176,550
—
2024
$6,022
3%
$176,550
—
2023
$5,845
3%
$176,550
—
2022
$5,698
2%
$176,550
—
2020
$5,570
—
$176,550
—
2019
$5,570
—
$176,550
—
2018
$5,570
—
$176,550
—
2017
$5,570
1%
$176,550
—
2016
$5,534
—
$176,550
—
2015
$5,534
—
$176,550
—
2014
$5,534
—
$176,550
—
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 2040 Creek Rd
2040 Creek Road, Glenmoore, PA 19343 (MLS# PACT2129822) is a Apartment property. 2040 Creek Road is currently listed for $749,900 and was received on July 13, 2026. Want to learn more about 2040 Creek Road? Do you have questions about finding other Apartment real estate for sale in Glenmoore? You can browse all Glenmoore real estate or contact a Coldwell Banker agent to request more information.

