1151 Morton Ave, Folsom, PA 19033 | For Sale

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For Sale $565,000 ($176.56 per Sq Ft)

$565,000 ($176.56 per Sq Ft)
  • (0)
  • Units
  • 3,200 Sq Ft
  • 8,712 Sq Ft
  • Unknown Cap Rate

Description

Welcome to 1151 Morton Ave, an exceptional multi-unit investment opportunity located in the desirable Ridley Township. This spacious 3,200 sq. ft. detached property offers three well-positioned units—including one 1-bedroom, one 2-bedroom, and one 3-bedroom unit—all currently leased, providing immediate rental income of $54,000 annually. Built in 1920 and full of character, this three-level property with a full basement blends classic construction with functional updates, including durable vinyl siding, a new roof in 2019, new windows in 2001 and new boilers in 2024 and 2025. Units are individually metered for electric and gas, owner pays water and common area electric. This triplex sits on a generous 50 x 175 lot with parking that accommodates up to 6 vehicles and a stand alone single car garage—a rare find for multi-unit properties. Conveniently located near major routes, public transportation (including the SEPTA Media Line station less than a mile away), and just minutes from the airport, this property is ideal for commuters and tenants alike. Situated within the Ridley School District adding to its long-term rental desirability. Whether you’re looking to expand your portfolio or secure a solid income-producing asset in a high-demand area, 1151 Morton Ave presents a unique opportunity with strong upside potential.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $565,000
Property Type Other
Usable Sqft 3,200
Number of Stories 3 stories
Parking Spots 1 spots
Year Built 1920
Last Sold Unknown
Sold Price Unknown
APN # 38030167700
MLS # PADE2113382
Property ID 295483542
Lot Sqft 8,712
Zoning RES
Days on Market 28
Original List Price Unknown
Date Updated May 01, 2026
Date Created May 01, 2026
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 $53,940 $0

Listing Provided By

Andrew Gust an agent of Coldwell Banker Realty. Lic #RS365061


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Data last updated: May 29, 2026.
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