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103 Mercer Mill Rd, 
Landenberg, PA 19350

$649,900


7

Beds


Bath


3,770

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Aaron Alexander Jones

Iron Valley Real Estate Exton

Last updated:

December 7, 2025, 02:32 PM

MLS#

PACT2111772

Source:

BRIGHTMLS

About This Home

103 Mercer Mill Rd

Discover a profitable value-add multi-family investment in the heart of Landenberg. This income-producing 4-unit property is set in a peaceful country environment with strong rental demand and long-term tenant stability. With a current total rent roll of $4,950/month and value-add potential this property offers both immediate cash flow and excellent growth upside. Each unit features its own unique layout and charm: one 3-bedroom 1-bath unit, one 2-bedroom 1-bath unit, and two 1-bedroom 1-bath units. Rents are strong, and cosmetic renovation of the 1BR unit could boost income $400/month. Additional upside comes from utility restructuring — propane/heat and well expenses are currently owner-paid but may be transferred to tenants to improve operating margins by $6000/year. There is also potential to add coin-operated laundry for an extra revenue stream and added convenience. Located in highly desirable Landenberg, tenants enjoy the quiet rural setting while remaining close to Newark, DE, Kennett Square, local amenities, and top-rated schools. 103 Mercer Mill Rd checks all the boxes for stable returns with room to grow.

Home Facts

Multi-Family

7 Bedrooms

Built in 1880

Price Summary

649,900

$172 per Sq. Ft.

MLS #:

PACT2111772

Last Updated:

December 7, 2025, 02:32 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

7


Structure

Structure

Architectural Style:

Traditional

Building Area:

3,770 Sq. Ft.

Year Built:

1880


Lot

Lot Size (Sq. Ft):

26,136


Finances & Disclosures

Finances

Price:

$649,900

Price per Sq. Ft:

$172 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Bright Mls All rights reserved.

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Contact an Agent

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.