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Sold for $450,000
  • $450,000

    507-509 Delaware Ave, Portland, PA 18351

    5beds
    4,500sqft
    Multi Family, Apartment
    Built in 1890
    -- sqft lot
    $485,900 Zestimate®
    $100/sqft
    $1,830 Estimated rent

    Home value

    $485,900

    $437,000 - $539,000

    $1,830/mo

    Zestimate® history
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    Owner options

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    $1,830/mo

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    $1,830/mo

    Rent Zestimate®

    Refinance and save

    $2,963/mo

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    $2,963/mo

    Est. payment

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    What's special

    Stunning Turnkey Investment Property in Historic Portland This beautifully maintained property offers breathtaking views of the Delaware River and the walking bridge from the second floor. With all units currently rented, this income-producing building features five units in total: three one-bedroom apartments upstairs, a two-bedroom unit on the first floor, and a commercial storefront occupied by a popular chocolate shop. All tenants are long-term and well-established. Recent upgrades include new electrical panel boxes installed in the three upstairs units. Additionally, Unit 2A was fully remodeled in 2022, and Unit 2C underwent renovations when purchased. This property provides an excellent opportunity to add a lucrative asset to your portfolio, with solid passive income and potential for growth. Don't miss out—properties like this are rarely listed. Schedule a showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Faith Sarisky 610-349-5059,

    Realty Solutions of Pa

    Bought with:

    Faith Sarisky, RM424721

    Realty Solutions of Pa

    Source: GLVR,MLS#: 750177MLS LogoOriginating MLS: Lehigh Valley MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Baseboard, Electric, Hot Water
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: Washer Hookup
    Features
    • Flooring: Carpet, Hardwood
    Interior area
    • Total interior livable area: 4,500 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    Lot
    • Size: 3,528 sqft
    Details
    • Parcel number: B11SE3C6 14 0127
    • Zoning: B-BUSINESS
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Apartment
    Materials
    • Frame, Vinyl Siding
    Condition
    • Unknown
    • Year built: 1890

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s), Fire Escape
    Location
    • Region: Portland
    • Subdivision: Not in Development

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    2/27/2025Sold$450,000-7.2%$100/sqft
    Source: GLVR #750177 Report a problem
    1/8/2025Pending sale$485,000$108/sqft
    Source: GLVR #750177 Report a problem
    12/22/2024Listed for sale$485,000$108/sqft
    Source: GLVR #750177 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 18351

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Bangor

    Source: GLVR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $485,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $485,900