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506 Ryers AvenueCheltenham, PA 19012

For Sale

$325,000

Smart Buyer Rebate $3,125

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.

Listed by Philip R. Cavalcanto

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License #RS287419

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Coldwell Banker Realty

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2156816610

Last updated September 15, 2026

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Source: BrightMLS #PAMC2192908

Listing Facts

  • TypeMulti-family
  • NeighborhoodAshmead Village
  • Days on Prevu7
  • Taxes$7,416/year
  • Size1,280 sqft
  • Price per sqft$254

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

09/08/2026
Listed by Coldwell Banker Realty
$325,000
  1. 09/08/2026$325,000
    Listed by Coldwell Banker Realty

Property Details for 506 Ryers Avenue

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 2
  • Year Built: 1965
  • Architectural Style: Traditional
  • Construction Materials: Brick

Features

  • Other Structures: Above Grade, Below Grade
  • Waterfront: No

Measurements

  • Lot Size Acres: 0.08
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 3,609
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $7,416.00
  • Tax Year: 2026

Interior

Measurements

  • Living Area: 1,280
  • Living Area Source: Assessor

Other

General

  • Exclusions: 1 set washer dryer in basement. 2nd set will be left.

Location

  • Tax Lot: 048

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Cooling: Wall Unit, Window Unit(s)
  • Heating: Central
  • 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 506 Ryers Avenue.

What are the annual taxes for 506 Ryers Avenue?

Annual taxes for this multi-family home are estimated at $7,416.

How does 506 Ryers Avenue compare to other multi-family homes in Ashmead Village?

This multi-family home is listed 13% below the average price for multi-family homes in Ashmead Village and has been on the market for 47 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 1,280 sqft.

506 Ryers Avenue is a -bedroom multi-family home for sale in CHELTENHAM PA 19012. Listed on Prevu for 7 days at $325,000. This home features 1,280 square feet of living space, located in Ashmead Village. The median listing price for multi-family homes in this area is $425,000. Additional amenities include parking. Browse more multi-family home listings in Montgomery County.

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.