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Listed price in listed location currency (USD).
$380,000

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  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 2731 sqft
Garage Yes
Taxes $8,938
Days Active 2
Lot Size 
Approx. Age 1900
Avg. Price Per Sqft $139
MLS® Number PAMC2153912

Property Address: 121 Central Ave, CHELTENHAM, PA, 19012-2228

Average square foot calculated using Size range provided by listing agent.

Description

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!
MLS® NumberPAMC2153912
Laundry Level
Central VacNo
FireplaceNo
Acreage0.08
Exterior
GarageYes
Approx. Age1900
BasementOutside Entrance, Unfinished
DrivewayDetached Garage, On Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Refrigerators in each of the three units and the community washer and dryer all in "as is condition" for no monetary value.

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 23, 2025List Date
$380,000List Price
  • Commute

Commute

Starting Address
Destination Address
121 Central Ave, CHELTENHAM, PA

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