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.
Patio And Porch Features: Balcony, Enclosed, Porch(es)
Waterfront: No
Measurements
Lot Features: Front Yard, Rear Yard
Lot Size Acres: 0.20
Lot Size Dimensions: 50
Lot Size Source: Estimated
Lot Size Square Feet: 8,712
Lot Size Units: Square Feet
Financial
Taxes
Tax Annual Amount: $8,620.00
Tax Year: 2021
Interior
Features
Flooring: Carpet, Vinyl
Measurements
Living Area: 3,200
Living Area Source: Assessor
Rooms
Basement: Full
Has Basement: Yes
Other
Location
Subdivision Name: NONE AVAILABLE
Tax Lot: 178-000
Parking
Parking
Garage Spaces: 1
Garage: Yes
Parking Features: Asphalt Driveway
Schools
Elementary School
Elementary School: EDGEWOOD
High School
High School: RIDLEY
Middle or Junior School
Middle Or Junior School: RIDLEY
Utilities
Equipment
Cooling: Ceiling Fan(s), Wall Unit
Electric: 100 Amp Service
Heating: Hot Water
Has Heating: Yes
Sewer: Public Sewer
Utilities: Cable TV, Electric Available, Multiple Phone Lines, Natural Gas Available, Phone Connected, Sewer Available, Water Available
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 1151 Morton Avenue.
What schools are nearby to 1151 Morton Avenue?
Nearby schools include the EDGEWOOD Elementary School, RIDLEY Middle School, and RIDLEY High School.
Does this multi-family home have parking?
Yes, there is 1 parking space available for 1151 Morton Avenue.
What are the annual taxes for 1151 Morton Avenue?
Annual taxes for this multi-family home are estimated at $8,620.
How does 1151 Morton Avenue compare to other multi-family homes in Folsom?
This multi-family home is listed 33% above the average price for multi-family homes in Folsom and has been on the market for 15 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 3,200 sqft.
1151 Morton Avenue is a -bedroom multi-family home for sale in FOLSOM PA 19033. On Prevu for 0 days at $565,000. This home features 3,200 square feet of living space, located in Folsom. The median listing price for multi-family homes in this area is $404,750. Nearby schools include EDGEWOOD Elementary School, RIDLEY Middle School, and RIDLEY High School. Additional amenities include parking. View other multi-family home listings in Delaware County.
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