2940 Devereaux Ave, Philadelphia, PA 19149

Philadelphia
Local realty services provided by:ERA Reed Realty, Inc.
2940 Devereaux Ave,Philadelphia, PA 19149
$550,000
  • 6 Beds
  • - Baths
  • 2,800 sq. ft.
  • Multi-family
  • Active
Listed by: leighanne tancredi
Office: united real estate
MLS#:PAPH2553998
Source:BRIGHTMLS

Price summary

  • Price:$550,000
  • Price per sq. ft.:$196.43

About this home

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. • 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.

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Home facts

  • Year built:1970
  • Listing ID #:PAPH2553998
  • Added:152 day(s) ago
  • Updated:April 02, 2026 at 01:38 PM

Rooms and interior

  • Bedrooms:6
  • Basement:Yes
  • Living area:2,800 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Natural Gas, Programmable Thermostat

Structure and exterior

  • Year built:1970
  • Building area:2,800 sq. ft.
  • Lot area:0.14 Acres
  • Architectural Style:Traditional
  • Construction Materials:Masonry
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$550,000
  • Price per sq. ft.:$196.43
  • Tax amount:$5,838 (2025)

Parking

  • Parking description:On Street

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