Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Town & Country Properties
Property view
Listing view 2
Listing view 3

507 Delaware Avenue, 
Portland, PA 18351

$599,000


Bed


5

Baths


5,500

Sq Ft


Multi-Family

Active

Listed by

Faith M Sarisky

Realty Solutions Of Pa

610-452-2722

Last updated:

May 13, 2026, 02:33 PM

MLS#

PM-140888

Source:

PA PMAR

About This Home

507 Delaware Avenue

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.

Home Facts

Multi-Family

5 Baths

Built in 1900

Price Summary

599,000

$108 per Sq. Ft.

MLS #:

PM-140888

Last Updated:

May 13, 2026, 02:33 PM

Added:

13 day(s) ago


Rooms & Interior

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

4

Interior

Living Area:

5,500 Sq. Ft.


Structure

Structure

Building Area:

5,500 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

3,528


Finances & Disclosures

Finances

Price:

$599,000

Price per Sq. Ft:

$108 per Sq. Ft.

Source:PA PMAR
The information being provided by Pocono Mountains Assoc Of REALTORS® Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Pocono Mountains Assoc Of REALTORS® Mls All rights reserved.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.