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Five-Unit Mixed-Use Property
For Sale
$550,000

507 Delaware Avenue, Mount Bethel, PA 18343

ResidentialIncome, Portland Boro, PA

Property SizeContact for details
Lot Size0.08 Acres
Days on Market137

Property Features for 507 Delaware Avenue

General Information

Property type Residential Multi Family
Property subtype Apartment
Zoning 27B
Bedrooms 5
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 3, Bedroom 5, Bathroom 2, Bathroom 3, Bathroom 5, Bathroom 1, Bathroom 4, Bedroom 4, Bedroom 1, Bedroom 2
Parking features On Street
Subdivision Not in Development
Elementary school district Bangor
Middle school district Bangor
High school district Bangor
Directions Rt 611 N to Portland. See building on Delaware Ave across from old gas station
Standard status Active
APN B11SE3C6 14 0127
Lot size 0.08 Acres

Taxes and HOA fees

Tax Annual Amount 4004

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Hot Water(Heating), Baseboard
Water source Public

Building Details

Year built 1890
Number of units 5
Flooring type Hardwood
Building materials Frame, VinylSiding
Listing Agency: Realty Solutions of Pa
Listed By: Faith Sarisky
Added: Apr 29 Changed: Sep 3 Last Checked: Sep 12 at 10:06AM
MLS# 775996

Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use building contains five total units: three one-bedroom apartments on the second floor, a two-bedroom apartment on the first floor, and a commercial storefront occupied by a chocolate shop. All units are currently rented, with long-term tenants in place. The second floor offers views toward the Delaware River and walking bridge.

Recent work includes remodeled Units 2A and 2C, new electrical panel boxes in the three second-floor apartments, updated flooring in the hallway, upgraded second-floor lighting, emergency lighting, illuminated exit signs, GFCI outlets, and a handrail at the front steps. The property also has new electrical service at the meter box and PVC sewer piping in the basement, along with guard rails at the rear and basement steps.

The property occupies 0.081 acres and is served by public water and public sewer. Built in 1890, it has frame construction with vinyl siding, hardwood flooring, electric hot-water baseboard heat, and on-street parking. Zoning is 27B.

Key Highlights

  • Five total units: three one‑bedroom apartments, one two‑bedroom apartment, and one commercial storefront
  • All units currently rented with long‑term tenants in place
  • Storefront occupied by a chocolate shop

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick HVAC Service Plumbing Service Grocery & Convenience Store Garden Center (Bike/Boat/Book/etc) Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

153
Businesses Nearby

Demographics for 18343, PA

3,819
Population
1,879
Households
2
Avg Household Size
52
Median Age
32%
College-Educated
95%
High-School Grad
20.4 sq mi
ZIP Area
187
Density / Sq Mi
$79,861
Median Household Income
$49,784
Median Earnings
$1,179
Median Rent
$274,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Income-producing building combining four residential apartments with a leased chocolate shop storefront.
Where is this mixed-use property located?
The property is located at 507 Delaware Avenue Mount Bethel, PA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Five total units: three one‑bedroom apartments, one two‑bedroom apartment, and one commercial storefront; All units currently rented with long‑term tenants in place; Storefront occupied by a chocolate shop
More about this property
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