Turnkey income-producing quadruplex in Norwood featuring four spacious 2-bedroom, 1-bath units, all updated with durable LVP flooring and fully occupied with paying tenants, providing immediate cash flow. Property is being professionally managed by Premier Property Management and Realty LLC who is located 5 minutes down the street from the property. Current rent roll: 340 South Ave Unit A: $1,035/month 340 South Ave Unit B: $1,000/month 342 South Ave Unit A: $1,000/month 342 South Ave Unit B: $1,350/month The property offers strong upside potential, with room to increase rents to market rates and further enhance returns. All utilities are separately metered, with gas, electric, and water paid by the tenants, helping keep owner expenses low. Ideal for investors seeking a stable, cash-flowing asset with value-add potential in a convenient Delaware County location.
Listed by Robert Stranix
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License #rs354292
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Premier Property Management & Realty LLC
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6103312027
Last updated March 16, 2026
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Source: BrightMLS #PADE2110168
Listing Facts
TypeMulti-family
NeighborhoodNorwood
Days on Prevu1
Taxes$12,032/year
Size4,104 sqft
Price per sqft$134
Amenities
Parking
Location
Mortgage Calculator
Listing History
03/16/2026
Listed by Premier Property Management & Realty LLC
$550,000
Property Details for 340 South Avenue
Exterior
Construction
New Construction: No
Number Of Units Total: 1
Year Built: 1957
Architectural Style: Bi-level
Construction Materials: Brick
Features
Other Structures: Above Grade, Below Grade
Waterfront: No
Measurements
Lot Dimensions Source: Assessor
Lot Size Dimensions: 75
Lot Size Source: Assessor
Lot Size Units: Square Feet
Financial
Taxes
Tax Annual Amount: $12,032.00
Tax Year: 2025
Interior
Features
Fireplace: No
Measurements
Living Area: 4,104
Living Area Source: Assessor
Other
Location
Tax Lot: 012-000
Parking
Parking
Garage: No
Utilities
Equipment
Heating: Hot Water
Has Heating: Yes
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 340 South Avenue.
What are the annual taxes for 340 South Avenue?
Annual taxes for this multi-family home are estimated at $12,032.
What is the square footage on this multi-family home?
According to the MLS, this listing is 4,104 sqft.
340 South Avenue is a -bedroom multi-family home for sale in NORWOOD PA 19074. Listed on Prevu for 1 days at $550,000. This property features 4,104 square feet of living space, located in Norwood. The median listing price for multi-family homes in this area is $314,950. Additional amenities include parking. Explore more multi-family home listings in Pennsylvania.
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