2940 Devereaux Ave, Philadelphia, PA, 19149
About This Home
Great opportunity to add a strong, income-producing asset to your portfolio at 2940 Devereux Avenue in the heart of Philadelphia’s 19149 zip code. This fully rented quadruplex is an ideal fit for investors, including those seeking a 1031 exchange, offering immediate cash flow and long-term upside. The property features four well-laid-out units, including two 1-bedroom, 1-bath apartments and two 2-bedroom, 1-bath apartments, providing a desirable unit mix for a broad tenant base. Three of the four units have been thoughtfully updated, enhancing both rental appeal and overall value, while the remaining unit offers potential for future improvement and increased returns. Conveniently located near Wissinoming Park, the property is surrounded by neighborhood amenities, including shopping, dining, and easy access to public transportation, making it highly attractive to tenants. Whether you are expanding your portfolio or completing a 1031 exchange, this turnkey multi-family property delivers steady income, strong rental demand, and a prime Northeast Philadelphia location.
Getting Around
Very Walkable
Excellent Transit
BikeableSchools
Construction
Condition
- Year built: 1970
Materials
- Foundation: Concrete Perimeter
- Construction materials: Masonry
Type & Style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subType: Quadruplex
Interior
Appliances
- Appliances included: Gas Water Heater
Basement
- Area: 0
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air,Electric
Interior Area
- Total structure area: 2,800
- Total interior livable area: 2,800 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 621229610
- Zoning: RSA5
- Special condition: Standard
- Exclusions: Tenant's Property
Features
- Pool features: None
Lot
- Lot size: 6,146 sqft
- Lot size dimensions: 56.00 x 110.00
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Cold Wave
- Winter Weather
- Earthquake
- Inland Flooding
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Pennsylvania Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,528 | $30,336 |
| Home Insurance * | $663 | $7,956 |
| Property Taxes | $531 | $6,372 |
| Electricity | $307 | $3,686 |
| Total | $4,029 | $48,348 |
Income You'd Need if You Spent...
Pennsylvania FAIR Plan Programs
Insurance Placement Facility of Pennsylvania/FAIR Plan
Wildfire
Hail
WindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-10 | Listed for sale | $500,000 |
| 2026-04-07 | Listing removed | $550,000 |
| 2025-10-31 | Listed for sale | $550,000 |
| 2014-11-19 | Listing removed | $600 |
| 2014-11-17 | Listed for rent | $600 |
| 2014-08-22 | Listing removed | $725 |
| 2014-08-19 | Listed for rent | $725 |
| 2007-01-09 | Sold | $285,000 |
| 2005-10-13 | Sold | $320,000 |
| 2005-05-04 | Sold | $250,000 |
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