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$550,000

  • For Sale
  • Active
  • Single Family
  • 2,800 Sq. Ft.
  • Updated 19 hours ago
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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.

Full Property Details for 2940 Devereaux Ave

General

  • Price: $550,000
  • Taxes: $5,838 (2025)
  • Status: Active
  • Type: Single Family
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2553998
  • Updated: 12/17/2025
  • Added to Site: 79 day(s) ago

Parking

  • Parking Type: On Street

Location

  • Area: 19149 (19149)
  • Municipality: PHILADELPHIA
  • County: PHILADELPHIA
  • Driving Directions: From Frankford Avenue turn right onto Devereaux Aven, turn left onto Battersby Street, then right to 2940 Devereaux Avenue.

School Information

  • School District: The School District Of Philadelphia

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Programmable Thermostat
  • Heating Fuel: Natural Gas
  • Water Heater: Other

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Traditional
  • Structure Type: Detached
  • Construction: Masonry
  • Basement: Yes
  • Basement Desc.: Other
  • Foundation: Concrete Perimeter
  • Square Feet: 2,800
  • Sq. Ft. Source: Assessor
  • Living Area: 2,800 Sq. Ft.
  • Finished Above Grnd: 2,800 Sq. Ft.
  • Year Built: 1970
  • Year Built Source: Estimated

Unit Information

  • Other Units: Unit 1, Unit 2, Unit 4, Unit 3

Lot Features

  • Lot Size (Acres): 0.14
  • Lot Size (Sq. Ft.): 6,098
  • Lot Size Source: Estimated
  • Zoning: RSA5

Financial Considerations

  • Price Per Sq. Ft.: $196.43
  • School Tax: $3,269
  • County Tax Freq: Annually
  • Tax w/Assessment: $417,100
  • Tax Amount: $5,838
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: Tenant belongings
  • Lot Number: 410

Listed by United Real Estate, Leighanne Tancredi

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Listing agent

— 2940 Devereaux Ave —

  • Leighanne Tancredi

    United Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2940 Devereaux Ave

School District:Philadelphia City School District
NameGradesDistance
Allen Ethan School
6329 Battersby Street, Philadelphia, PA 19149
K-80.2 mi
Lincoln High School
3201 Ryan Avenue, Philadelphia, PA 19136
9-121.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2940 Devereaux Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/31/2025
Listed
$550,000
92.98%
MLS
12/29/2006
Sold
$285,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2940 Devereaux Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,839
—
$417,100
—
2024
$5,839
37%
$417,100
100%
2021
$4,250
-40%
-100%
2023
$7,072
66%
$505,200
66%
2020
$4,250
4%
$303,600
4%
2019
$4,078
30%
$291,300
30%
2018
$3,144
—
$224,600
—
2017
$3,144
—
$224,600
—
2016
$3,144
4%
$224,600
—
2015
$3,010
—
$224,600
—
2014
$3,010
-52%
$224,600
251%
2013
$6,253
—
$64,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by United Real Estate, Leighanne Tancredi

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2940 Devereaux Avenue, Philadelphia, PA 19149 (MLS# PAPH2553998) is a Single Family property with 0 bedrooms and 0 full bathrooms. 2940 Devereaux Avenue is currently listed for $550,000 and was received on October 31, 2025. Want to learn more about 2940 Devereaux Avenue? Do you have questions about finding other Single Family real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

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