2940 Devereaux Ave, Philadelphia, PA 19149

Philadelphia
Local realty services provided by:Better Homes and Gardens Real Estate Reserve
2940 Devereaux Ave,Philadelphia, PA 19149
$500,000
  • 6 Beds
  • - Baths
  • 2,800 sq. ft.
  • Multi-family
  • Active
Listed by: damon c. michels
Office: kw main line - narberth
MLS#:PAPH2602870
Source:BRIGHTMLS

Price summary

  • Price:$500,000
  • Price per sq. ft.:$178.57

About this home

Great opportunity to add a strong, income-producing asset to your portfolio at 2940 Devereux Avenue in the heart of Philadelphia’s 19149 zip code. This fully rented quadruplex is an ideal fit for investors, including those seeking a 1031 exchange, offering immediate cash flow and long-term upside. The property features four well-laid-out units, including two 1-bedroom, 1-bath apartments and two 2-bedroom, 1-bath apartments, providing a desirable unit mix for a broad tenant base. Three of the four units have been thoughtfully updated, enhancing both rental appeal and overall value, while the remaining unit offers potential for future improvement and increased returns. Conveniently located near Wissinoming Park, the property is surrounded by neighborhood amenities, including shopping, dining, and easy access to public transportation, making it highly attractive to tenants. Whether you are expanding your portfolio or completing a 1031 exchange, this turnkey multi-family property delivers...

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Home facts

  • Year built:1970
  • Listing ID #:PAPH2602870
  • Added:90 day(s) ago
  • Updated:July 10, 2026 at 01:39 PM

Rooms and interior

  • Bedrooms:6
  • Living area:2,800 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1970
  • Building area:2,800 sq. ft.
  • Lot area:0.14 Acres
  • Architectural Style:Traditional
  • Construction Materials:Masonry
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$500,000
  • Price per sq. ft.:$178.57
  • Tax amount:$5,838 (2025)

Parking

  • Parking description:On Street

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