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Elevator-Served Multifamily Building
For Sale
Contact for pricing
Pending

250 N Pennsylvania Ave, Morrisville, PA 19067

Well-maintained 17,000+ SF multifamily building with an elevator servicing all four floors and as-is sale terms.

Property Size17,000 SF
Days on Market150

Property Features for 250 N Pennsylvania Ave

General Information

Standard status Pending
Size 17,000 SF
Total Parking Spaces 48
Property subtype Multifamily

Additional Details

Highway Access Yes
Multifamily Units 18

Building Details

Stories 4
Listing Agency: KW Newtown
Listed By: Rich Webb · License #RS306742
Source: Crexi
Added: Apr 12 Changed: Sep 7 Last Checked: Sep 8 at 4:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Newtown

Investment Insights

Based on property information with market context.

This well-maintained 17,000+ square foot multifamily building is offered for sale in as-is condition. The property includes an elevator that reaches all four floors. An approved modification is in place to convert the building to 18 one-bedroom apartments, supporting a value-add opportunity under the approved zoning change.

The property is located in Morrisville Borough and is described as being conveniently close to Route 1 and the Trenton Train station. Septa Route 127 runs in front of the property, and walkable shopping is noted nearby. Parking is supported by an easement for approximately 48 cars, along with additional street parking.

The sale is subject to the buyer satisfying any use and occupancy conditions. The property’s parking and vertical access are established features, with the approved conversion plans representing the primary contemplated change to unit configuration.

Key Highlights

  • 17,000+ SF well‑maintained multifamily building, sold in as‑is condition
  • Approved plans to modify the building into 18 one‑bedroom apartments
  • Elevator services all four floors

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Locksmith Acupuncture Home Appliance Store (Bike/Boat/Book/etc) Store Florist

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

18
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

640
Businesses Nearby

Demographics for 19067, PA

53,153
Population
21,792
Households
2.4
Avg Household Size
44
Median Age
56%
College-Educated
97%
High-School Grad
31.5 sq mi
ZIP Area
1,687
Density / Sq Mi
$131,604
Median Household Income
$63,454
Median Earnings
$1,599
Median Rent
$483,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Well-maintained 17,000+ SF multifamily building with an elevator servicing all four floors and as-is sale terms.
Where is this apartment building located?
The property is located at 250 N Pennsylvania Ave Morrisville, PA.
What are key features of this property?
This property features: 17,000+ SF well‑maintained multifamily building, sold in as‑is condition; Approved plans to modify the building into 18 one‑bedroom apartments; Elevator services all four floors
More about this property
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