$599,900

103 MERCER MILL RD, LANDENBERG, PA 19350

3,770 sq ft

Listed by Iron Valley Real Estate Exton, Aaron Alexander Jones

Status: Active

MLS® #PACT2111772

Property description for 103 Mercer Mill Rd, Landenberg, PA 19350

Virtual Tour

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.

QUICK OVERVIEW

Built in 1880
$159 / Sq Ft
None
Hot Water
176 Days on website
0.6 acres lot

INTERIOR

BUILDING AND CONSTRUCTION

EXTERIOR AND LOT

UTILITIES

AREA AND SCHOOLS

FINANCIAL INFO

ADDITIONAL INFO

Price per square foot and days on website are not provided values and are calculated by REMAX.

Listing Agent Aaron Alexander Jones

Listing Office Iron Valley Real Estate Exton, 6105611111

Updated Saturday, April 25, 2026 at 3:53:53 PM

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

NEIGHBORHOOD

About the Zip Code 19350 Neighborhood

The character of Zip Code 19350 is exemplified by its slower-paced ambience. Accessing public green spaces in the postal code, such as New Garden Township Park and White Clay Creek Preserve, is easy and there are a few of them close by for residents to check out. This area is also very good for those who need quiet surroundings, as noise from the streets and other parts of the city is rarely an issue.

Learn more about Zip Code 19350

Car friendly

Excellent access to freeways and/or major arteries, with almost no chance of parking problems

Quiet

Very few sources of noise nearby

Restaurants

Some restaurants within walking distance

Cycling friendly

Not very suitable for bicycle commuting and/or recreational cycling

Pedestrian friendly

Other transportation modes are needed to reach day-to-day needs

CLIMATE RISK FOR 19350

PROPERTY HISTORY FOR 103 MERCER MILL RD

BUYING

How Much Should You Offer on a House?

HOME FINANCING 101

10 Tips for Getting the Best Mortgage Rate

Comparable listings to
103 Mercer Mill RD, Landenberg, PA 19350

$585,000

166 ROSEHILL AVEWEST GROVE, PA 19390

—

2,912 SQ FT

Listing by Bhhs Fox & Roach-kennett Sq

MLS® #: PACT2118332

$650,000

107 W STATE STKENNETT SQUARE, PA 19348

—

2,792 SQ FT

Listing by Re/max Ace Realty

MLS® #: PACT2119306

332 SOUTH AVE, NORWOOD, PA 19074, photo 1 of 45

Under Contract

$550,000

332 SOUTH AVENORWOOD, PA 19074

—

3,564 SQ FT

Listing by Premier Property Management & Realty Llc

MLS® #: PADE2110154

336 SOUTH AVE, NORWOOD, PA 19074, photo 1 of 31

Under Contract

$550,000

336 SOUTH AVENORWOOD, PA 19074

—

3,564 SQ FT

Listing by Premier Property Management & Realty Llc

MLS® #: PADE2110158

340 SOUTH AVE, NORWOOD, PA 19074, photo 1 of 33

Under Contract

$550,000

340 SOUTH AVENORWOOD, PA 19074

—

4,104 SQ FT

Listing by Premier Property Management & Realty Llc

MLS® #: PADE2110168

328 SOUTH AVE, NORWOOD, PA 19074, photo 1 of 36

Under Contract

$550,000

328 SOUTH AVENORWOOD, PA 19074

—

3,564 SQ FT

Listing by Premier Property Management & Realty Llc

MLS® #: PADE2110148

$480,000

1411 ZEBLEY RDGARNET VALLEY, PA 19060

—

1,986 SQ FT

Listing by Keller Williams Real Estate - Media

MLS® #: PADE2112660

537 W 1ST AVE # 539, PARKESBURG, PA 19365, photo 1 of 25

Under Contract

$475,000

537 W 1ST AVE # 539PARKESBURG, PA 19365

—

2,526 SQ FT

Listing by Foraker Realty Co.

MLS® #: PACT2121116

$575,000

709 W 19TH STWILMINGTON, DE 19802

—

2,175 SQ FT

Listing by Long & Foster Real Estate, Inc.

MLS® #: DENC2100106

902 N MADISON ST, WILMINGTON, DE 19801, photo 1 of 39

Open House

$469,000

902 N MADISON STWILMINGTON, DE 19801

—

4,250 SQ FT

Listing by Keller Williams Realty Wilmington

MLS® #: DENC2097556

1151 MORTON AVE, FOLSOM, PA 19033, photo 1 of 29

Coming Soon

Open House

$565,000

1151 MORTON AVEFOLSOM, PA 19033

3,200 SQ FT

Listing by Coldwell Banker Realty

MLS® #: PADE2113382

$545,000

16 N 9TH STDARBY, PA 19023

—

6,000 SQ FT

Listing by Keller Williams Real Estate - Media

MLS® #: PADE2107180

115 EGYPT RD, MONT CLARE, PA 19453, photo 1 of 55

Under Contract

$500,000

115 EGYPT RDMONT CLARE, PA 19453

—

2,301 SQ FT

Listing by Re/max Professional Realty

MLS® #: PAMC2171658

$550,000

192 HIBERNIA RDCOATESVILLE, PA 19320

—

1,816 SQ FT

Listing by Keller Williams Real Estate -exton

MLS® #: PACT2123458

$499,900

703 N WEST STWILMINGTON, DE 19801

3,150 SQ FT

Listing by Compass

MLS® #: DENC2097704

$485,000

38 COPLEY RDUPPER DARBY, PA 19082

2,173 SQ FT

Listing by Keller Williams Real Estate - Newtown

MLS® #: PADE2107858

$425,000

53 ROOSEVELT ST # 55PAULSBORO, NJ 08066

—

4,464 SQ FT

Listing by Weichert Realtors Asbury Group-ac

MLS® #: 598586

$379,000

214 BEECH RD # 216WALLINGFORD, PA 19086

—

1,813 SQ FT

Listing by Compass Re

MLS® #: PADE2108776

4412 BLOOMFIELD AVE, DREXEL HILL, PA 19026, photo 1 of 89

Virtual Tour

$499,999

4412 BLOOMFIELD AVEDREXEL HILL, PA 19026

4,500 SQ FT

Listing by Real Broker Llc

MLS® #: PADE2111540

$380,000

5 ARDMORE AVEUPPER DARBY, PA 19082

—

2,170 SQ FT

Listing by Keller Williams Realty Devon-wayne

MLS® #: PADE2113010

Get Real Estate Advice

Enter your email for REMAX's HomeHQ newsletter. Grab market updates, expert selling tips, and real estate advice.

By clicking "Sign Up" below, you agree to receive marketing calls, texts, or emails placed by or on behalf of RE/MAX, LLC and/or your local REMAX franchised office, even if your phone number is on a Do Not Call List. You agree that calls or texts may be automated and/or sent with an artificial or prerecorded voice. Consent is not a condition of purchase. Message/data rates may apply. You also agree to the Terms of Use and Privacy Policy. You may unsubscribe at any time.

Voted the Most Trusted Agents in Real Estate*

FIND A REMAX AGENT

103 MERCER MILL RD, LANDENBERG, PA 19350