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$599,000
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Property Description
Stunning turnkey investment property in Historic Portland. This beautifully maintained property offers breathtaking views of the Delaware River and walking bridge from Second fl. With all units currently rented, this income producing building features 5 units in total. 3 one bedroom apartments upstairs, a two bedroom unit on first floor and a commercial storefront occupied by a popular chocolate shop. All tenants are long-term well-established. Recent upgrades include new electrical panel boxes installed in the 3 second floor units new flooring in hall. new electric service at meter box sewer pipes in basement converted to PVC, Upgraded lighting in 2nd fl hallway, installed emergency lighting and illuminated exit signs, installed missing GFCI outlets, installed handrail on fron steps and guard rails on rear and besement steps, . Additional unit 2A was fully remodeled in 2022 and Unit 2C was remodeled as well. This property provided an excellent opportunity to add a lucrative asset to your portfolio with solid passive income and potential for growth. Property also has been approved for a facade improvement grant which may be transferred to new owner.
Full Property Details
Full Property Details for 507 Delaware Ave
General
- Price: $599,000
- Taxes: $4,003
- Status: Active
- Type: Apartment
- Source: Lehigh_Valley
- MLS ID: 775996
- Updated: 5/1/2026
- Added to Site: 17 day(s) ago
Interior
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Washer Hookup
Additional Information
- Security/Safety: Fire Escape
Parking
- Parking Features: On Street
Location
- Area: Portland
- County: Northampton
- Subdivision: Not in Development
- Driving Directions: Rt 611 N to Portland. See building on Delaware Ave across from old gas station
School Information
- Elem School District: Bangor
- Midd School District: Bangor
- High School District: Bangor
Community
- Home Owners Assn.: Lehigh Valley MLS
Heating & Cooling
- Heating Type: Baseboard, Electric, Hot Water
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Frame, Vinyl Siding
- Year Built: 1890
Lot Features
- Lot Size (Acres): 0.081
- Lot Size (Sq. Ft.): 3,541
- Zoning: 27B
Financial Considerations
- Operating Expenses: $14,858
- Tax Amount: $4,003.68
Disclosures and Reports
- Property ID: B11SE3C6 14 0127
Listed by Realty Solutions of Pa
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Schools
Schools serving 507 Delaware Ave
School District:Bangor Area School District
| Name | Grades | Distance |
|---|---|---|
Five Points Elementary School 363 5 Points Richmond Road, Bangor, PA 18013 | K-2 | 4.2 mi |
Washington El School, Bangor, PA 381 Washington Boulevard, Bangor, PA 18013 | 3-4 | 8.1 mi |
Bangor Area Middle School 401 5 Points Richmond Road, Bangor, PA 18013 | 7-8 | 4.3 mi |
Bangor Area High School 187 5 Points Richmond Road, Bangor, PA 18013 | 9-12 | 3.8 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 507 Delaware Ave
Date
Details
Price
Change
Source
5/01/2026
Listed
$599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 507 Delaware Ave
507 Delaware Avenue, Portland, PA 18343 (MLS# 775996) is a Apartment property with 5 bedrooms and 5 full bathrooms. 507 Delaware Avenue is currently listed for $599,000 and was received on May 01, 2026. Want to learn more about 507 Delaware Avenue? Do you have questions about finding other Apartment real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

