1151 Morton Avenue, Folsom, PA 19033Asking Price of: $565,000

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Primary property photo for 1151 Morton Avenue

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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.

Property Details

Address: 1151 Morton Avenue, Folsom, PA 19033
Bedrooms: 0
Size: 3,200 square feet
Type: Colonial,Traditional,Victorian
Area: RIDLEY TWP
School District: RIDLEY
MLS ID: PADE2113382
Status: ACTIVE

Property School Information

High School: RIDLEY
Middle School: RIDLEY
Elementary School: EDGEWOOD
School District: RIDLEY

Property Features

Garage: 1
Taxes: $8,620
Basement: Yes
Roof Type: Architectural Shingle,Asphalt,Pitched,Rubber,Shing
Exterior: Cast Iron Plumbing,Copper Plumbing,Glass,Masonry,V
Parking Notes: Asphalt Driveway
Lot Size: 0.20 Acres
Lot Dimensions: 0.20 Acre(S)
Heating: Hot Water
Fuel Type: Electric,Natural Gas,Natural Gas Available
Cooling: Ceiling Fan(s),Wall Unit
Year Built: 1920
Water: Public
Sewer: Public Sewer
Municipality: RIDLEY TWP
Additional Structures: Above Grade,Below Grade
Lot Description: Front Yard, Rear Yard
Structure Type: Detached
Total Garage/Parking Spaces: 7
Basement: Full
Exterior: Exterior Lighting,Gutter System,Sidewalks
Flooring: Carpet,Vinyl
Electric Description: 100 Amp Service
Utilities: Cable TV,Electric Available,Multiple Phone Lines,Natural Gas Available,Phone Connected,Sewer Available,Water Available

Property information as of Sunday, May 31, 2026 at 11:09 AM America/New_York

Listed By

Agency Name: Coldwell Banker Realty
Agency Phone: 6105661100

Shown By

Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Agency Phone: +18003833535

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