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505 RYERS AVENUECHELTENHAM, PA 19012

Multi-Family · 1,604 Sq. ft. | 0.09 Acres
$309,900 ACTIVE

505 RYERS AVENUE Overview

Time on Site:
68 days
Visits:
11

This well maintained Duplex is fully rented with 2 long term tenants. Unit 1 on the first floor has a good size living room, kitchen, bedroom, full bath and mudroom with laundry hookup and exit to the back yard. Unit 2 on the second & third floor has 2 bedrooms. The second floor has a kitchen, large living space, bedroom and bathroom. The third floor has a large open space with the second bedroom. The basement has outside access where there are 2 additional laundry hookups, lots of storage and all the utilities. There is a large back yard that provides a beautiful setting. The property has been well maintained and offers a convenient location and a beautiful setting that backs to the township Park. This Duplex is located close to schools, shopping, Bus & Train. A solid investment opportunity with great appeal for both tenants and owners. Recent improvements include: New soil pipe, new insulation & siding, New 100 AMP Service.

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505 RYERS AVENUE Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,604
  • Price/Sq.ft. $193
  • Lot 0.09 Acres

Details

General

School Information

  • Elementary School: CHELTENHAM
  • Middle Or Junior School: CEDARBROOK
  • High School: CHELTENHAM

Income/Expenses

  • Existing Lease Type: Month to Month

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Pool: No Pool
  • Total SQFT: 1604
  • Year Built: 1900

Location/Region

  • Country: US
  • County: MONTGOMERY
  • County Or Parish: MONTGOMERY
  • MLS Area Major: Cheltenham Twp (10631)
  • Subdivision Name: CHELTENHAM VIL

Parking Information

  • Type of Parking: On Street

Tax Information

  • City/Town Tax: 937.00
  • City/Town Tax Payment Frequency: Annually
  • County Tax: 471.00
  • County Tax Payment Frequency: Annually
  • School Tax: 4592.00
  • Tax Annual Amount: $6,043.00
  • Tax Assessed Value: 86370.00
  • Tax Year: 2025

General Information

  • Exclusions: 3 washers, 3 dryers, 2 refrigerators, window ac units, tenant property
  • Property Condition: Good
  • Property Sub Type: Duplex
  • Property Type: Multi-Family
  • School District Name: CHELTENHAM
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2026
  • Zoning: R4

Interior

Building Information

  • Cooling Fuel: Natural Gas
  • Heating Fuel: Natural Gas

Parking Information

  • Garage: No

Building Exterior/Construction

  • Structure Type: Twin/Semi-Detached

Building Interior

  • Above Grade Finished Area: 1604
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area: 0
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Central Air: No
  • Hot Water: Natural Gas

General Information

  • Accessibility Features: None
  • Cooling: None
  • Fireplace: No
  • Foundation Details: Stone
  • Living Area: 1604
  • Living Area Source: Assessor

Unit Information

  • One Bedroom Units Count: 1
  • Single Room Units Count: 0
  • Three Bedroom Units Count: 0
  • Two Bedroom Units Count: 1

Exterior

Lot Information

  • Lot Dimensions Source: Assessor
  • Lot Features: Backs - Parkland, Rear Yard
  • Lot Size Dimensions: 25.00 x 0.00
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 3750.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Colonial
  • Construction Materials: Vinyl Siding
  • Roof: Shingle, Flat

General Information

  • Number Of Units Leased: 2
  • Number Of Units Mo Mo: 2
  • Number Of Units Total: 2
  • Other Structures: Above Grade,Below Grade
  • Sewer: Public Sewer
  • Water Access: No

505 RYERS AVENUE Neighborhood

Community

19012 (CHELTENHAM) Demographics

42
Median Age
3,842
Population Density (per sq. mile)
56%
College Educated
$100,377
Estimated Median Income
1,942
Estimated Total Home Owners
324
Estimated Total Renters
86% / 14%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

505 RYERS AVENUE Monthly Cost

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$
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

505 RYERS AVENUE Market Data

Based on the last 30 days in this zip code

$440,686
Average List Price
$219
Average Price per Square Foot
4
Properties Sold
43
Average Days on Market
25
Properties for Sale
Calculations provided by Reliance Network

505 RYERS AVENUE History

Date Event Value Agent
6/3/2026Source: BRIGHT MLS Price Reduction
$309,900 -4.6%
Maryclaire Dzik
Listing Agent
4/23/2026Source: BRIGHT MLS Added to Database
April 23, 2026
Maryclaire Dzik
Listing Agent
Listing provided courtesy of BHHS Fox & Roach-Jenkintown- MLS# PAMC2176712MLS ProviderContact Information: [email protected] - 2158870400