$565,000

1151 MORTON AVE, Folsom, PA 19033

  • 6 beds |
  • 3 baths |
  • 3,200 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon8,712sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $177/sqft
  • Property List Date Icon Listed 7 days ago

Property Description

Welcome to 1151 Morton Ave, an exceptional multi-unit investment opportunity located in the desirable Ridley Township. This spacious 3,200 sq. ft. detached property offers three well-positioned units—including one 1-bedroom, one 2-bedroom, and one 3-bedroom unit—all currently leased, providing immediate rental income of $54,000 annually. Built in 1920 and full of character, this three-level property with a full basement blends classic construction with functional updates, including durable vinyl siding, a new roof in 2019, new windows in 2001 and new boilers in 2024 and 2025. Units are individually metered for electric and gas, owner pays water and common area electric. This triplex sits on a generous 50 x 175 lot with parking that accommodates up to 6 vehicles and a stand alone single car garage—a rare find for multi-unit properties. Conveniently located near major routes, public transportation (including the SEPTA Media Line station less than a mile away), and just minutes from the airport, this property is ideal for commuters and tenants alike. Situated within the Ridley School District adding to its long-term rental desirability. Whether you’re looking to expand your portfolio or secure a solid income-producing asset in a high-demand area, 1151 Morton Ave presents a unique opportunity with strong upside potential.

Listing Status:
Active
Date Added:
May 2, 2026
Data Last Updated:
May 9, 2026 at 2:17PM
Listing Office:
Coldwell Banker Realty : 6105661100
Listing Agent:
Andrew Gust : 9176927483
MLS ID:
PADE2113382
  • Basement: Full
  • Flooring: CarpetVinyl
  • A/C: Ceiling Fan(s)Wall Unit
  • Heating: Hot WaterElectricNatural GasNatural Gas Available
  • Disability Feature: None
  • General: Exterior LightingGutter SystemSidewalksAbove GradeBelow Grade
  • Style: ColonialTraditionalVictorian
  • Other Structures: EnclosedPorchBalcony
  • Parking: Asphalt Driveway
  • Roofing: Architectural ShingleAsphaltPitchedRubberShingle
  • General: Cast Iron PlumbingCopper PlumbingGlassMasonryVinyl SidingStone
  • Originating MLS: BRIGHT_MAIN
  • School District: RIDLEY
  • County: DELAWARE-PA
  • Zoning: RES38-03-01677-00
  • Utilities: Cable tvElectric availableMultiple phone linesNatural gas availablePhone connectedSewer availableWater available100 amp service
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Andrew Gust , Coldwell Banker Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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