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Historic Apartment Building with Storefront
For Sale
$550,000

507 Delaware Avenue, Mount Bethel, PA 18343

MULTI_FAMILY - Portland Boro, PA

Lot Size0.08 Acres
Days on Market96

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 Bathroom 4, Bathroom 5, Bedroom 5, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 3, Bedroom 3, Bathroom 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), Baseboard, Hot Water(Heating)
Water source Public

Amenities

views of Delaware River and walking bridge

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: Aug 2 Last Checked: Aug 2 at 4:06PM
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.

Historic apartment building featuring hardwood flooring and electric baseboard/hot water heat, built in 1890. The property contains 5 total units: 3 one-bedroom apartments on the second floor, a two-bedroom unit on the first floor, and a commercial storefront occupied by a chocolate shop.

Updates include new electrical panel boxes installed in the 3 second-floor units, new flooring in the hall, new electric service at the meter box, sewer pipes in the basement converted to PVC, upgraded lighting in the second-floor hallway, and installation of emergency lighting and illuminated exit signs. Additional electrical improvements include installed missing GFCI outlets, and safety upgrades include a handrail on the front steps and guard rails on rear and basement steps. Unit 2A was fully remodeled in 2022, and Unit 2C was remodeled as well.

Served by public water and public sewer, the property is located at 507 Delaware Avenue in Portland Boro, PA 18343. The building is set on a 0.081-acre lot, and parking is available via on-street spaces. Zoning is 27B.

Key Highlights

  • 5 total units: 3 one‑bedroom apartments on the second floor, a two‑bedroom first‑floor unit, and a storefront occupied by a chocolate shop
  • Historic building constructed in 1890 with hardwood flooring and electric baseboard/hot water heat
  • New electrical panel boxes installed in the 3 second‑floor units and upgraded electric service at the meter box

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Big Box & Wholesale Store Butcher Wine and Liquor Store Hotel & Motel Bar & Pub

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

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?
Apartment building - Turnkey apartment building with three upstairs one-bedroom units, a first-floor two-bedroom unit, and an on-site chocolate shop storefront.
Where is this apartment building 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: 5 total units: 3 one‑bedroom apartments on the second floor, a two‑bedroom first‑floor unit, and a storefront occupied by a chocolate shop; Historic building constructed in 1890 with hardwood flooring and electric baseboard/hot water heat; New electrical panel boxes installed in the 3 second‑floor units and upgraded electric service at the meter box
More about this property
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