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2940 Devereaux Ave
For Sale $500,000 ($178.57 per Sq Ft)
$500,000 ($178.57 per Sq Ft)
- Unknown Bedrooms
- Unknown Bathrooms
- 2,800 Sq Ft
- 6,146 Sq Ft
Description
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 steady income, strong rental demand, and a prime Northeast Philadelphia location.
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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
Property Details
| List Price | $500,000 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | 2,800 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1970 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 621229610 |
| MLS # | PAPH2602870 |
| Property ID | 322317166 |
| Lot Sqft | 6,146 |
| Zoning | RSA5 |
| Total Units | 4 |
| Days on Market | 54 |
| Original List Price | Unknown |
| Date Updated | April 24, 2026 |
| Date Created | April 09, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $42,180 | $0 |
Listing Provided By
Damon C. Michels an agent of . Lic #AB067731
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Data last updated: June 02, 2026.
Robert Crawford
REAL ESTATE AGENT