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2940 Devereaux Ave
For Sale $550,000 ($196.43 per Sq Ft)
$550,000 ($196.43 per Sq Ft)
- Unknown Bedrooms
- Unknown Bathrooms
- 2,800 Sq Ft
- 6,098 Sq Ft
Description
This 4-unit multifamily property located at 2940 Devereaux Street in Philadelphia offers strong cash flow and value-add potential. Three of the four units have been rehabbed and modernized, while the fourth has a long-term tenant on a month-to-month lease, providing steady income and upside potential. The building features a stucco exterior and is well maintained, located near shopping, public transportation, and schools.
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Investment Highlights
• Three units have been rehabbed and modernized, while the fourth has a long-term tenant on a month-to-month lease providing stable income and future upside potential.
• Seller will consider up to $200,000 of seller financing.
• Strong current cash flow with rent growth potential
• Stucco exterior and well-maintained structure
• Tenants contribute to water and utilities
• Located near shopping, public transportation, and schools
• Excellent long-term hold or 1031 exchange opportunity
Inquire for the investor summary sheet.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $550,000 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | 2,800 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1970 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 621229610 |
| MLS # | PAPH2553998 |
| Property ID | 322317166 |
| Lot Sqft | 6,098 |
| Zoning | RSA5 |
| Total Units | 4 |
| Days on Market | 57 |
| Original List Price | Unknown |
| Date Updated | December 10, 2025 |
| Date Created | October 30, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $42,180 | $0 |
Listing Provided By
Leighanne Tancredi an agent of . Lic #RS328923
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Data last updated: December 26, 2025.
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Robert Crawford
REAL ESTATE AGENT