121 Central Avenue Cheltenham, PA 19012
Listing Courtesy of: BRIGHT IDX / Coldwell Banker Realty / Leslie DiMartile

  121 Central Avenue Cheltenham, PA 19012

Active (5 Days)
$380,000 (USD)

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 UnitsWhether 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 #:
PAMC2153912
Taxes
$8,938(2025)
Lot Size
3,450 SQFT
Type
Multifamily
Year Built
1900
Style
Traditional
School District
Cheltenham
County
Montgomery County

Listed By

Leslie DiMartile, Coldwell Banker Realty
Source
BRIGHT IDX
Last checked Oct 27 2025 at 2:24 AM GMT+0000
Bathroom Details
Interior Features
  • Dryer
  • Washer
  • Refrigerator
  • Oven/Range - Gas
  • Stainless Steel Appliances
Property Features
  • Above Grade
  • Below Grade
  • Foundation: Stone
Heating and Cooling
  • Radiator
  • None
Basement Information
  • Outside Entrance
  • Unfinished
Flooring
  • Hardwood
  • Carpet
  • Luxury Vinyl Plank
Exterior Features
  • Brick
  • Roof: Flat
Utility Information
  • Sewer: Public Sewer
  • Fuel: Natural Gas
School Information
  • Elementary School: Cheltenham
  • Middle School: Cedarbrook
  • High School: Cheltenham
Living Area
  • 2,731 sqft
Location
   
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Disclaimer: Copyright 2025 Bright MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 10/26/25 19:24