121 Central Ave, Cheltenham, PA 19012
Local realty services provided by:CENTURY 21 Mertz & Associates
121 Central Ave,Cheltenham, PA 19012
$380,000
- 5 Beds
- - Baths
- 2,731 sq. ft.
- Multi-family
- Pending
Listed by: leslie m dimartile
Office: coldwell banker realty
MLS#:PAMC2153912
Source:BRIGHTMLS
Price summary
- Price:$380,000
- Price per sq. ft.:$139.14
About this home
Investment Opportunity with Owner-Occupant Potential in Cheltenham Township!
Welcome to this fantastic multi-family property in the desirable Cheltenham School District. This recently updated triplex offers both versatility and opportunity—perfect for an owner-occupant or an investor looking to generate steady rental income.
Each unit is filled with natural light and features a functional layout, generously sized bedrooms, and access to ample storage in the basement and/or garage. The property also includes on-site laundry facilities, making it convenient and attractive to tenants.
Currently, the first-floor rear unit is leased, while the other two units are in the process of being updated and will soon be ready to lease—providing immediate income with additional upside potential.
Set on a tree-lined street, the property features off-street parking, detached oversized garage and outdoor backyard space for tenants to enjoy. Its prime location offers easy access to schools, parks, shopping, dining, and major commuter routes into Center City Philadelphia and the surrounding suburbs.
RECENT UPDATES: Interior Painting, Roof Repaired, Third Floor Remodeled, New Carpets Second/Third Floor, Laundry On-Site, New Kitchen Cabinets and Countertops in 2 Units, New Refrigerators in 2 Units
Whether you’re looking to add to your investment portfolio or take advantage of the option to live in one unit while renting out the others, 121 Central Avenue is a rare and versatile find in Cheltenham Township.
📍 Don’t miss out on this income-producing opportunity—schedule your showing today!
Contact an agent
Home facts
- Year built:1900
- Listing ID #:PAMC2153912
- Added:54 day(s) ago
- Updated:December 16, 2025 at 09:04 AM
Rooms and interior
- Bedrooms:5
- Living area:2,731 sq. ft.
Heating and cooling
- Heating:Natural Gas, Radiator
Structure and exterior
- Roof:Flat
- Year built:1900
- Building area:2,731 sq. ft.
- Lot area:0.08 Acres
Schools
- High school:CHELTENHAM
- Middle school:CEDARBROOK
- Elementary school:CHELTENHAM
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$380,000
- Price per sq. ft.:$139.14
- Tax amount:$8,938 (2025)
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