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2940 Devereaux Avenue Philadelphia, PA $ 550,000
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$ 550,000 Get more info
2940 Devereaux Avenue
$ 550,000
Back to search
Share Save

2940 Devereaux Avenue

Philadelphia, PA, 19149
$ 550,000
Bedrooms6 Baths0.0

Monthly Estimate*

$ 3,431

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Multi-Family Home for sale in Philadelphia, PA

for $550,000 with 6 bedrooms. This home was built in 1970 on a lot size of 0.14.

This 4-unit multifamily property located at 2940 Devereaux Street in Philadelphia offers strong cash flow and value-add potential. Three of the four units have been rehabbed and modernized, while the fourth has a long-term tenant on a month-to-month lease, providing steady income and upside potential. The building features a stucco exterior and is well maintained, located near shopping, public transportation, and schools. ________________________________________ Investment Highlights Three units have been rehabbed and modernized, while the fourth has a long-term tenant on a month-to-month lease providing stable income and future upside potential. Seller will consider up to $200,000 of seller financing. Strong current cash flow with rent growth potential Stucco exterior and well-maintained structure Tenants contribute to water and utilities Located near shopping, public transportation, and schools Excellent long-term hold or 1031 exchange opportunity Inquire for the investor summary sheet.

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Multi-Family Active

Price

$ 550,000

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 5,838

Style

Traditional

Lot Size

0.14

Year Built

1970

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2553998
Features
General
Living Area 2800
Sewer Public Sewer
Heating Programmable Thermostat
Cooling Central A/C
Possession 0-30 Days CD 31-60 Days CD
Zoning RSA5
Architectural Style Traditional
Construction Materials Masonry
School District THE SCHOOL DISTRICT OF PHILADELPHIA
Exclusions Tenant belongings
Year Built 1970
Property Subtype Quadruplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions From Frankford Avenue turn right onto Devereaux Aven turn left onto Battersby Street then right to 2940 Devereaux Avenue.
City PHILADELPHIA
Number Of Units Total 4
MLS Area 19149 (19149)
Lot Size Units Square Feet
Lot Size Square Feet 6098.00
Number of Units Leased 4
Tax Annual Amount 5838.0
Two Bedroom 2
Structure Type Detached
Price Per Sq Ft Total AG 196.43
Acceptable Financing Cash Conventional Seller Financing
Rent Control Y/N N
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Tax Lot 410
Total Actual Rent 42180.00
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Interior
Heating Fuel Natural Gas
Basement Other
Hot Water Other
Furnished Units None
Basement (Y/N) Y
Heating Y/N Y
Central Air Y/N Y
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Exterior
Pool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Concrete Perimeter
Water View Y/N N
Lot Size Acres 0.14
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 83420.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 2940
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* Excluded Features
List By
United Real Estate

Broker

leighanne319@gmail.com

Email

Affordability Calculator

$3,918
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,431
Monthly Property Taxes
$487
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3533249 Elementary School
3533189 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/31/2025$550,000 Listed Price

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2940 Devereaux Avenue, Philadelphia, PA, 19149 is a Multi-Family Home for sale at $550,000 with a lot size of 0.14. 2940 Devereaux Avenue has 6 bedrooms, 0.0 baths, and was built in 1970. The property's zip code is 19149 which is in Philadelphia, PA

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