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.
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Sold for $450,000 on 02/27/25
$450,000
507-509 Delaware Ave, Portland, PA 18351
5beds
4,500sqft
Multi Family, Apartment
Built in 1890
-- sqft lot
$459,100 Zestimate®
$100/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: February 27, 2025 at 07:02am
Listed by:
Faith Sarisky,
Realty Solutions of Pa
Bought with:
Faith Sarisky, RM424721
Realty Solutions of Pa
Source: GLVR,MLS#: 750177
Originating 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
Services availability

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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$459,100
2% more+ $9,182
With Zillow Showcase(estimated)
$468,282