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For sale
  • $325,000

    506 Ryers Ave, Cheltenham, PA 19012

    2beds
    2baths
    1,280sqft
    : 
    $2,274/mo
    Get pre-qualified
    Townhouse
    Built in 1965
    -- sqft lot
    $319,600 Zestimate®
    $254/sqft
    $-- HOA

    What's special

    Rear yardAmple basement storageComfortable living spaceRecently renovated kitchensNewer windowsUpdated kitchensOutdoor space
    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.
    22 days
    456
    35

    Zillow last checked:

    Listing updated:

    Listed by:

    Philip Cavalcanto 215-681-6610,

    Coldwell Banker Realty (215) 923-7600

    Source: Bright MLS,MLS#: PAMC2192908MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      Basement
      • Area: 0
      Heating
      • Central, Natural Gas
      Cooling
      • Wall Unit(s), Window Unit(s), Electric
      Appliances
      • Included: Gas Water Heater
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 1,280
      • Total interior livable area: 1,280 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Driveway, Off Street, Parking Lot
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Pool features: None
      Lot
      • Size: 3,609 Square Feet
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 310024146006
      • Zoning: 1132 RES: DUPLEX
      • Zoning description: 1132 Res: Duplex
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Townhouse
      Materials
      • Brick
      • Foundation: Block
      Condition
      • New construction: No
      • Year built: 1965

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Cheltenham
      • Municipality: CHELTENHAM TWP

      Financial & listing details

      • Price per square foot: $254/sqft
      • Tax assessed value: $100,930
      • Annual tax amount: $7,416
      • Date on market: 9/8/2026
      • Listing agreement: Exclusive Agency
      • Inclusions: All Kitchen Appliances Specific W / D In Basement.
      • Exclusions: 1 Set Washer Dryer In Basement. 2nd Set Will Be Left.
      • Ownership: Fee Simple

        Estimated market value

        $319,600

        $304,000 - $336,000

        $1,866/mo

        Price history

        DateEventPrice
        9/8/2026Listed for sale$325,000+54.8%$254/sqft
        Source: Bright MLS #PAMC2192908 Report a problem
        9/26/2023Sold$210,000$164/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,865 +2.7%$100,930
        2024$6,685 $100,930
        2023$6,685 +2.1%$100,930
        2022$6,550 +2.8%$100,930
        2021$6,371 +2.3%$100,930
        2020$6,227 +2.7%$100,930
        2019$6,063 +3.2%$100,930
        2018$5,875 +2.2%$100,930
        2017$5,749 +2%$100,930
        2016$5,638 +2.8%$100,930
        2015$5,482 +3.3%$100,930
        2014$5,309 +1.4%$100,930
        2013$5,238 $100,930
        2012$5,238 +0.9%$100,930
        2011$5,192 +5.1%$100,930
        2010$4,939 +4.2%$100,930
        2009$4,739 +4.4%$100,930
        2008$4,538 +6.7%--
        2007$4,253 +6.6%--
        2006$3,988 +5.8%--
        2005$3,769 +4.1%--
        2004$3,622 +4.9%--
        2003$3,454 +8.9%--
        2002$3,171 +7.1%--
        2000$2,960 +8%--
        1999$2,742 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Cheltenham Village

        Getting around

        69 / 100
        Somewhat Walkable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Cheltenham

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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