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$500,000 Just Listed

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

Full Property Details for 2940 Devereaux Ave

General

  • Price: $500,000
  • Taxes: $5,838 (2025)
  • Status: Active
  • Type: Single Family
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2602870
  • Updated: 4/10/2026
  • Added to Site: 3 day(s) ago

Rental Information

  • Lease Info: Net, Yearly

Parking

  • Parking Type: On Street

Location

  • Area: 19149 (19149)
  • Municipality: PHILADELPHIA
  • County: PHILADELPHIA
  • Cross Streets: Battersby St
  • Driving Directions: Frankford Ave to Battersby St, Left on Devereaux Ave

School Information

  • School District: The School District Of Philadelphia

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Traditional
  • Structure Type: Detached
  • Construction: Masonry
  • 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: Assessor

Unit Information

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

Lot Features

  • Lot Size (Acres): 0.14
  • Lot Size (Sq. Ft.): 6,146
  • Lot Size Source: Assessor
  • Lot Dimensions: 56.00 x 110.00
  • Zoning: RSA5

Financial Considerations

  • Price Per Sq. Ft.: $178.57
  • Assessment Year: 2026
  • School Tax: $3,269
  • City/TownTax: $2,568
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $417,100
  • Tax Amount: $5,838
  • Tax Year: 2025
  • Tax Total Finished Sq. Ft.: 2800

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: Tenant's Property
  • Lot Number: 410

Listed by KW Main Line - Narberth, Damon C. Michels

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Listing agent

— 2940 Devereaux Ave —

  • Damon C. Michels

    KW Main Line - Narberth

Listing Office Email: damon@damonmichels.com

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 ATTOM Data Solutions 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
4/10/2026
Listed
$500,000
75.44%
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

Get Pre-Approved

Listed by KW Main Line - Narberth, Damon C. Michels

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2940 Devereaux Avenue, Philadelphia, PA 19149 (MLS# PAPH2602870) is a Single Family property with 0 bedrooms and 0 full bathrooms. 2940 Devereaux Avenue is currently listed for $500,000 and was received on April 10, 2026. Want to learn more about 2940 Devereaux Avenue? Do you have questions about finding other Single Family real estate for sale in Center City East? You can browse all Center City East real estate or contact a Coldwell Banker agent to request more information.

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