For Sale Duplex MLS# PAMC2192908

506 RYERS AVE

CHELTENHAM, PA 19012

$325,000

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About 506 RYERS AVE

Welcome to 506 Ryers Ave in Cheltenham, a well-maintained duplex offering flexibility for an owner-occupant, investor, or buyer looking to combine homeownership with rental income.

The property features two separate one-bedroom units, each offering comfortable living space along with recently renovated kitchens and newer appliances and newer windows. Thoughtful updates have already been completed, while still providing the next owner with opportunities to make additional improvements and personalize the property over time. Current tenant is paying $950 per month.

A major highlight is the off-street parking for up to four cars—an especially valuable feature for a multi-unit property. Residents can also enjoy the rear yard, while the large basement provides generous space for storage, utilities, and additional property needs.

The two-unit configuration creates several possibilities. Live in one unit and rent the other to help offset monthly housing expenses, or add the property to an investment portfolio as a long-term rental. With updated kitchens, off-street parking, outdoor space, and ample basement storage already in place, the property offers a solid foundation for its next owner.

Conveniently located in Cheltenham with access to nearby shopping, transportation, major roadways, and the surrounding Philadelphia area, 506 Ryers Ave is an opportunity to own a versatile two-unit property with both immediate functionality and future potential.

Property details

Property

Type
Duplex
MLS type
Duplex
Status
Active
Year built
1965
Living area
1,280 sqft
Price / sqft
$254
Lot
0.08
Original price
$325,000
MLS #
PAMC2192908

Interior

Features
Wall Unit, Window Unit(s), true, Central, Natural Gas
Heating
true, Central
Cooling
Wall Unit, Window Unit(s)

Exterior & lot

Features
Traditional, Above Grade, Below Grade
Construction
Brick, Block
Foundation
Block
Lot
1132 RES: DUPLEX, 31-00-24146-006

Schools

District
Cheltenham School District

Utilities

Utilities
Public Sewer, Public
Water
Public
Sewer
Public Sewer

Financial

Financial
BRIGHT_MAIN, 1 set washer dryer in basement. 2nd set will be left.
Annual tax
$7,416
Tax year
2026
Parcel
31-00-24146-006

Location

Area
Cheltenham Twp (10631)
County
MONTGOMERY-PA
Community
MONTGOMERY-PA, BRIGHT_MAIN, CHELTENHAM
Directions
Off of W Laurel Ave.

Location

School district
Cheltenham School District

Ask about this property

Questions on 506 RYERS AVE, CHELTENHAM, PA 19012, or want to see it in person?

Listed by Philip R. Cavalcanto, Coldwell Banker Realty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.