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MLS: #PAMC2192908, Listed By: Philip Cavalcanto, Coldwell Banker Realty, Source:Bright MLS

506 Ryers Avenue

CHELTENHAM, PA 19012
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Bed 2

Bed

Bath 0

Bath

SqFt1,280

Sqft

Acres0.08

Acre(Lot)

Welcome to 506 Ryers Ave in Cheltenham—an excellent opportunity for an owner-occupant or investor looking for a well-maintained duplex with flexibility for the future. Offered at $325,000, this property features two separate one-bedroom units, each providing comfortable living space and recently renovated kitchens with newer appliances. The property has been nicely updated while still leaving room for the next owner to make additional improvements, upgrades, and personal touches over time. One of the standout features is the off-street parking for up to four cars—a valuable convenience for a multi-unit property. A rear yard provides additional outdoor space for residents to enjoy, while the large basement offers plenty of room for storage, utilities, and everyday property needs. For an owner-occupant, this is an opportunity to live in one unit while generating rental income from the other. For an investor, the two-unit configuration, parking, updated kitchens, outdoor space, and additional storage create a strong foundation for a long-term rental property. Whether you're looking to begin your real estate investment journey, add another property to your portfolio, or offset your housing costs with rental income, 506 Ryers Ave offers plenty of possibilities at an approachable price point.

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Detail Ic Property Details

Property Type : Residential Income

Price : $325,000

AD Id : 90914245

MLS Id : PAMC2192908

Beds : 2

Lot Size : 0.08 Acre

Living Area Size : 1,280

Tax Amount : 7416.00

Year Built : 1965

County : MONTGOMERY

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Feature Features

  • Bedroom Information

    Total beds: 2
  • Interior Features

    Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Central Has Cooling: Yes Cooling: Window Unit(s), Wall Unit(s), Electric

  • Building Information

    Year Built: 1965 Building Area Total: 1280 Construction Materials: Brick Pool Features: None Private Pool: No

  • Lot Information

    Lot Size Acres: 0.08 Lot Size Source: Assessor Lot Size Square Feet: 3609

  • Listing Price Information

    Listing Price: $325000

  • Tax Information

    Parcel Number: 31-00-24146-006 Tax Lot: 048 Tax Year: 2026 Annual Tax: $7416

  • Parking Information

    Off Street, Driveway, Parking Lot

  • Location Information

    Direction: Off of W Laurel Ave. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
118 Ryers Avenue, Cheltenham, PA, 19012 $450,000 4 -- 2,106 0.09 Acre
505 Ryers Avenue, Cheltenham, PA, 19012 $299,900 3 -- 1,604 0.09 Acre

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 09/02/2026 @ 10:46

MLS: PAMC2192908 LISTED BY: Philip Cavalcanto, Coldwell Banker Realty 215-923-7600 SOURCE: Bright MLS

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