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$790,000
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Property Description
This property is a fully occupied quadplex with development opportunity located in the thriving retail district of downtown Kennett Square. With no setback requirements the property can be fully developed. This property presents a unique opportunity for a variety of uses, including retail, offices, restaurants, and special exceptions like hotels or planned developments. While situated in the historic district, which requires architectural review, neighboring properties demonstrate the potential for substantial expansion. The property's proximity to a public parking garage eliminates the need for on-site parking, making it even more attractive to development. It is currently configured as 4 apartments 1 bed/1 bath; 2 bed/2 bath; 3 bed / 1 bath; 4 bed / 2 bath.
Full Property Details
Full Property Details for 125 W State St
General
- Sold For: $790,000
- Taxes: $6,486 (2024)
- Status: Closed
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: PACT2075484
- Added to Site: 526 day(s) ago
Rental Information
- Lease Info: Gross
Interior
- Flooring: Wood, Partially Carpeted
Parking
- Total Spaces: 10
- Parking Features: Asphalt Driveway, Private
- Parking Type: Parking Lot
Location
- Area: Kennett Square Boro (10303)
- Municipality: KENNETT SQUARE BORO
- County: CHESTER
- Cross Streets: Union
- Driving Directions: From Union & State Rd, continue on State Rd for 300'. Building is on your right. Street parking for showings. Rear parking lot has designated tenant parking.
School Information
- School District: Kennett Consolidated
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Hot Water, 90% Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Colonial
- Structure Type: Detached
- Construction: Brick
- Foundation: Stone
- Walls/Ceilings: Plaster Walls
- Stories/Levels: 3
- Square Feet: 3,922
- Sq. Ft. Source: Assessor
- Living Area: 3,922 Sq. Ft.
- Finished Above Grnd: 3,922 Sq. Ft.
- Year Built: 1910
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,850
- Lot Size Source: Estimated
- Lot Dimensions: 36 x 50
- Zoning: C-1 / R30 RES
- Lot Description: Backs - Open Common Area, Private, Rear Yard
Financial Considerations
- Price Per Sq. Ft.: $203.72
- Operating Expenses: $19,512
- Assessment Year: 2024
- School Tax: $4,396
- City/TownTax: $1,496
- City/TownTax Freq: Annually
- County Tax: $594
- County Tax Freq: Annually
- Tax w/Assessment: $130,630
- Tax Amount: $6,486
- Tax Year: 2024
- Terms: Standard Sale
- Owner Pays: Common Area Maintenance, Management, Pest Control, Repairs, Snow Removal, Taxes - Real Estate, Trash Collection, Water
- Tax Total Finished Sq. Ft.: 3922
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 196
Listed by BHHS Fox & Roach - Hockessin, Chris J Black
Sold by Keller Williams Real Estate - West Chester, James A Wagner
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Schools
Schools serving 125 W State St
School District:Kennett Consolidated School District
| Name | Grades | Distance |
|---|---|---|
Mary D Lang Kdg Center 409 Center Street, Kennett Square, PA 19348 | K- | 0.3 mi |
Kennett Middle School 195 Sunny Dell Road, Landenberg, PA 19350 | 6-8 | 3.9 mi |
Kennett High School 100 East South Street, Kennett Square, PA 19348 | 9-12 | 0.7 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 125 W State St
Date
Details
Price
Change
Source
3/06/2026
Sold
$790,000
-1.13%
MLS
8/04/2025
Price Reduced
$799,000
-3.15%
MLS
5/23/2025
Price Reduced
$825,000
-2.94%
MLS
5/05/2025
Price Reduced
$850,000
-5.45%
MLS
4/07/2025
Price Reduced
$899,000
-9.65%
MLS
2/03/2025
Price Reduced
$995,000
-9.55%
MLS
12/09/2024
Price Reduced
$1,100,000
-8.33%
MLS
11/01/2024
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
125 W State Street, Kennett Square, PA 19348 (MLS# PACT2075484) is a Single Family property that was sold at $790,000 on March 06, 2026. Want to learn more about 125 W State Street? Do you have questions about finding other Single Family real estate for sale in Kennett Square? You can browse all Kennett Square real estate or contact a Coldwell Banker agent to request more information.

