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For sale
  • Price cut: $50K (7/17)
    $1,050,000

    90 W Central Ave, Paoli, PA 19301

    0beds
    0baths
    6,084sqft
    : 
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    Single Family Residence
    Built in 1908
    0.26 Acres Lot
    $1,016,400 Zestimate®
    $173/sqft
    $-- HOA

    What's special

    Private parking for tenantsFive one-bedroom one-bathroom apartmentsConvenient on-site laundry facilities
    Don’t miss this exceptional turnkey investment opportunity in the highly desirable Paoli market. This fully leased five-unit apartment building delivers an annual revenue of $84,000, with clear upside potential as several units are currently below market rents. The well-maintained property consists of five one-bedroom, one-bathroom apartments, along with a detached garage generating additional month-to-month income, private parking for tenants, and convenient on-site laundry facilities—features that enhance both tenant appeal and long-term value. Ideally located near Paoli Hospital, SEPTA Regional Rail, Vanguard, and a variety of grocery stores and retail centers, this property benefits from consistent rental demand in a prime suburban setting. With an investor’s vision, there are multiple avenues to further increase income and overall returns—whether through strategic rent adjustments to market levels, optimizing ancillary income streams such as parking and garage use, or exploring value-add improvements to elevate the property’s appeal. This is a rare opportunity to acquire a stabilized asset with immediate cash flow and meaningful potential for future growth. Photos taken prior to tenants occupancy.
    78 days
    |
    257
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ed Gurley 215-704-5084,

    JMG Pennsylvania 8334263567,

    Co-Listing Agent: Thomas M Depaul 484-955-2992,

    JMG Pennsylvania

    Source: Bright MLS,MLS#: PACT2124492MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 0
      • Bathrooms: 0
      Basement
      • Area: 0
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Electric Water Heater
      Features
      • Basement: Full,Exterior Entry,Side Entrance
      • Has fireplace: No
      Interior area
      • Total structure area: 6,084
      • Total interior livable area: 6,084 sqft
      • Finished area above ground: 6,084
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 9
      • Parking features: Parking Lot, Driveway
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Three
      • Stories: 3
      • Pool features: None
      Lot
      • Size: 0.26 Acres
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 4309L0164
      • Zoning: R
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Other
      • Property subtype: Single Family Residence
      Materials
      • Stone, Vinyl Siding
      Condition
      • Very Good,Good
      • New construction: No
      • Year built: 1908

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Paoli Gardens
      HOA
      • Has HOA: No
      Location
      • Region: Paoli
      • Municipality: TREDYFFRIN TWP

      Financial & listing details

      • Price per square foot: $173/sqft
      • Tax assessed value: $304,000
      • Annual tax amount: $11,896
      • Date on market: 5/4/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Other,Conventional
      • Exclusions: Tenants
      • Ownership: Fee Simple
      • Total actual rent: 84000

        Estimated market value

        $1,016,400

        $966,000 - $1.07M

        $2,385/mo

        Price history

        DateEventPrice
        7/17/2026Price change$1,050,000-4.5%$173/sqft
        Source: Bright MLS #PACT2124492 Report a problem
        5/24/2026Price change$1,100,000-4.3%$181/sqft
        Source: Bright MLS #PACT2124492 Report a problem
        5/4/2026Listed for sale$1,150,000+47.4%$189/sqft
        Source: Bright MLS #PACT2124492 Report a problem
        3/5/2024Sold$780,000+40.3%$128/sqft
        Source: Public Record Report a problem
        6/18/2014Listing removed$950
        Source: Keller Williams Real Estate-Media #6395095 Report a problem
        5/23/2014Listed for rent$950+6.1%
        Source: Keller Williams Real Estate-Media #6395095 Report a problem
        2/24/2012Sold$556,000-5.7%$91/sqft
        Source: Public Record Report a problem
        10/12/2011Price change$589,900-1.7%$97/sqft
        Source: RE/MAX PROFESSIONAL REALTY INC #5685835 Report a problem
        9/1/2011Listing removed$895
        Source: RE/MAX PROFESSIONAL REALTY INC #5880632 Report a problem
        7/23/2011Listed for rent$895
        Source: RE/MAX PROFESSIONAL REALTY INC #5880632 Report a problem
        7/23/2011Price change$599,900-1.6%$99/sqft
        Source: RE/MAX PROFESSIONAL REALTY INC #5685835 Report a problem
        3/17/2011Price change$609,900-3.2%$100/sqft
        Source: RE/MAX PROFESSIONAL REALTY INC #5685835 Report a problem
        10/14/2010Price change$629,900-1.6%$104/sqft
        Source: RE/MAX Professional Realty, Inc. #5685835 Report a problem
        7/3/2010Price change$640,000-1.5%$105/sqft
        Source: RE/MAX Professional Realty, Inc. #5685835 Report a problem
        4/4/2010Listed for sale$650,000+74185.7%$107/sqft
        Source: RE/MAX Professional Realty, Inc. #5685835 Report a problem
        9/19/2009Listing removed$875
        Source: RE/MAX Professional Realty, Inc. #5506628 Report a problem
        7/12/2009Listed for sale$875-99.6%
        Source: RE/MAX Professional Realty, Inc. #5506628 Report a problem
        2/13/2004Sold$195,000$32/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$11,450 +2.3%$304,000
        2024$11,188 +8.3%$304,000
        2023$10,333 +3.1%$304,000
        2022$10,024 +2.3%$304,000
        2021$9,799 +637.8%$304,000
        2020$1,328 -85.3%$304,000
        2019$9,038 +1.9%$304,000
        2018$8,873 +9899.9%$304,000
        2017$89 $304,000
        2016-- $304,000
        2015-- $304,000
        2014-- $304,000 +103.8%
        2013-- $149,140
        2012-- $149,140
        2011-- $149,140
        2010-- $149,140
        2009-- $149,140
        2008-- $149,140
        2007-- $149,140
        2006-- $149,140
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 19301

        Getting around

        65 / 100
        Somewhat Walkable
        16 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Tredyffrin-easttown

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

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