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5 Baths
4,500 sqft

$550,000

507 Delaware Avenue, Portland PA, 18351

Price per sqft$122.22
Built in1900
Property size4,500 sqft
Property typeMulti-family

Overview

Active

Listed May 1, 2026

Updated Jul 28

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.

$3,659/mo

Est. mortgage payment based on a $550,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
PM-140888

Interior Features

Bathrooms
5
Basement
Yes

Exterior Features

Lot Size
0.08 Acres

Other Property Details

Taxes
$4,004
Tax Frequency
Annually

The information on this sheet has been made available by the Pocono Mountains Association of REALTORS and may not be the listing of the provider.

The information being provided is for consumers' personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Bob Kelly - Kelly Realty Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2026 Pocono Mountains Association of REALTORS.

Keller Williams

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