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For sale
  • Price cut: $24K (6/3)
    $575,000

    507 Delaware Ave, Portland, PA 18351

    5beds
    5,500sqft
    : 
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    Multi Family
    Built in 1900
    -- sqft lot
    $559,800 Zestimate®
    $105/sqft
    $-- HOA

    What's special

    New flooring in hallInstalled missing gfci outlets
    Stunning turnkey investment property in Historic Portland. This beautifully maintained property offers breathtaking views of the Delaware River and walking bridge from Second fl. With all units currently rented, this income producing building features 5 units in total. 3 one bedroom apartments upstairs, a two bedroom unit on first floor and a commercial storefront occupied by a popular chocolate shop. All tenants are long-term well-established. Recent upgrades include new electrical panel boxes installed in the 3 second floor units new flooring in hall. new electric service at meter box sewer pipes in basement converted to PVC, Upgraded lighting in 2nd fl hallway, installed emergency lighting and illuminated exit signs, installed missing GFCI outlets, installed handrail on fron steps and guard rails on rear and besement steps, . Additional unit 2A was fully remodeled in 2022 and Unit 2C was remodeled as well. This property provided an excellent opportunity to add a lucrative asset to your portfolio with solid passive income and potential for growth. Property also has been approved for a facade improvement grant which may be transferred to new owner.
    63 days
    |
    229
    |
    14
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Faith M Sarisky 610-349-5059,

    Realty Solutions of PA 610-452-2722

    Source: PMAR,MLS#: PM-140888

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Features
      • Has basement: Yes
      Interior area
      • Total structure area: 5,500
      • Total interior livable area: 5,500 sqft
      • Finished area above ground: 4,500
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Open
      • Has uncovered spaces: Yes
      Features
      • Stories: 3
      Lot
      • Size: 3,484 Square Feet
      Details
      • Parcel number: B11SE3C614
      • Zoning description: Commercial
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 1900

      Community & HOA

      Community
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Portland

      Financial & listing details

      • Price per square foot: $105/sqft
      • Annual tax amount: $4,003
      • Date on market: 5/1/2026
      • Listing terms: Cash,Conventional

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        Estimated market value

        $559,800

        $532,000 - $588,000

        $2,023/mo

        Price history

        DateEventPrice
        6/3/2026Price change$575,000-4%$105/sqft
        Source: PMAR #PM-140888 Report a problem
        5/1/2026Listed for sale$599,000$109/sqft
        Source: PMAR #PM-140888 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 18351

        Getting around

        39 / 100
        Car-Dependent
        26 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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