Financial
Distress signals
Property profile

507 Delaware Ave Portland, PA 18351

FOR SALE
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Property ID
US73-2646216
4,500 SF 0.08 ac lot Built 1890
Last sale Mar 2025 · $450,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Located at 507 Delaware Avenue in Portland, PA, this mixed-use building was constructed in 1900 and contains five total units. The configuration includes three one-bedroom apartments on the second floor, one two-bedroom apartment on the first floor, and a street-level commercial storefront that has historically been used for retail by a chocolate shop. The second floor provides views of the Delaware River and the walking bridge. The property is zoned Commercial. Documented improvements include

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$4k
Tax billed · 2024
Assessed value$44k
Assessed land$22k
Assessed improvement$22k
Effective rate8.97%

Value estimate

· Sep 2026
$390k
$351k – $429k
AI approach$390k
NOI build-up
Gross scheduled income$81k
Vacancy & credit loss−$8k
Operating expenses−$27k
NOI · 8.28% cap applied$46k

Realmo valuation models over county records and 21 qualifying comparable sales.

Recently sold

What actually traded nearby?
$111/SF
County average, outlier-cleaned · 394 recorded sales of this use type
Observed band · Q1–Q3$65 – $171
Qualifying comparables21

Cap rate analysis

How does the asset earn?
8.28%
$46k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B
The intent of the zone is to provide for the development of general commercial trades and service activities
General categoryCOMMERCIAL
JurisdictionNORTHAMPTON

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service8.8
Plumbing Service8.7
Convenience Store8.3

Location

507 Delaware Ave Portland, PA 18351
County assessor Recorded deeds · 3 transfers 21 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 4 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
503 Delaware, Portland, PA 18351 $90,000 Oct 2021 4,690 SF
413 Delaware, Portland, PA 18351-7017 $100,000 Mar 2021 4,408 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
4 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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