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    Mount Bethel, PA Columbia, NJ Bangor, PA Stroudsburg, PA Blairstown, NJ Belvidere, NJ East Stroudsburg, PA Shawnee On Delaware, PA
    Five-Unit Apartment Building with Storefront
    Updated: Apr 30
    Five-Unit Apartment Building with Storefront

    507 Delaware Avenue, Portland, PA 18351

    $550,000
    5,500 sqft 0.08 AC lot
    Five units: three one‑bedroom apartments upstairs, plus a two‑bedroom unit on the first floor
    Ground‑floor commercial storefront occupied by a chocolate shop
    0.08‑acre lot with 5,500 SF total property size
    Built in 1900
    Recent upgrades include new electrical panel boxes, upgraded lighting, and installed emergency lighting with illuminated exit signs
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    This listing looks promising.

    Here's a quick look at some key insights for

    507 Delaware Avenue, Portland, PA 18351

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    • Est. Cap Rate

      7.7%
      Above avg (5.9%)

    • Est. NOI

      $43K
      Annual

    • Mortgage

      $360K
      Mar 2025

    • Last Sold

      Mar 2025
      $450K

    • Property Type

      Store/Office (Mixed Use)
      Built 1890
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    Mixed-Use Building With 5 Units
    Updated: Apr 30
    Mixed-Use Building With 5 Units

    507 Delaware Avenue, Portland, PA 18351

    $550,000
    Five total units: three one‑bedroom apartments, one two‑bedroom apartment, and a commercial storefront
    All units are currently rented, with long‑term tenants in place
    Unit 2A was fully remodeled in 2022; Unit 2C was also remodeled
    New electrical panel boxes installed in the three second‑floor apartments
    Views of the Delaware River and walking bridge from the second floor
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Portland, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turnkey Mixed-Use Income Property
    Turnkey Mixed-Use Income Property

    507 Delaware Ave, Mount Bethel, PA 18343

    $550,000
    4,500 sqft

    Turnkey building with four residential units and an occupied storefront, all currently rented.

    View details
    10-Unit Apartment Building with Parking
    10-Unit Apartment Building with Parking

    403,405,40 Main Street, Stroudsburg, PA 18360

    $624,900
    7,143 sqft 0.23 AC lot

    Brick multifamily property with updated interiors, public utilities, and off-street parking in Stroudsburg.

    View details
    Historic Apartment Building with Storefront
    Historic Apartment Building with Storefront

    Mount Bethel, PA 18343

    $550,000
    0.08 AC lot

    Turnkey apartment building with three upstairs one-bedroom units, a first-floor two-bedroom unit, and an on-site chocolate shop storefront.

    View details
    Three-Building Apartment Property
    Three-Building Apartment Property

    403,405,40 Main Street, Stroudsburg, PA 18360

    $624,900

    Updated rental apartments with off-street parking and transit access near shopping, a college, and a hospital.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Detached Two-Family Duplex
    Detached Two-Family Duplex

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    0.10 AC lot

    Duplex on an R7a-zoned lot with three bedrooms per unit and a semi-finished basement with separate entrance.

    View details
    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

    View details
    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    View details
    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details

    Portland, PA Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Portland, PA on our real estate platform. These investment opportunities span a total of 5,500 square feet of properties for sale, with an estimated market value of $1,100,000.

    Sale prices for two-family homes in Portland, PA average $550,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 695
    Median Household Income $71,667
    College Educated 17.1%

    High-Yield Neighborhoods for Investment

    Identify Portland submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    18351 $550K

    Listings Trend

    New vs delisted commercial listings in Northampton County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Northampton County

    Residential Income

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