Multifamily

Cheltenham, PA Multifamily Properties for Sale

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Philadelphia, PA Elkins Park, PA Jenkintown, PA Wyncote, PA
Remodeled Four-Unit Property
Updated: Sep 6
Remodeled Four-Unit Property

220 CENTRAL AVENUE, Cheltenham, PA 19012

$649,900
2,814 sqft
Four‑unit multifamily property with 1‑bedroom, studio, and 2‑bedroom layouts
Unit mix includes 1 bedroom/1.5 bath, studio/1 bath, 2 bedroom/1 bath, and 1 bedroom/1 bath
2,814 SF building constructed in 1900
New kitchens, appliances, cabinets, countertops, and bathrooms
HVAC overhaul and ductwork completed for all units
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Cheltenham, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Corner Mixed-Use Property
Corner Mixed-Use Property

900 900-902 Cottman Ave, Philadelphia, PA 19111

$499,000
4,080 sqft

CMX-2 zoning combines a storefront component with occupied rental space and an established income history.

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CMX-2 Mixed-Use Corner Property
CMX-2 Mixed-Use Corner Property

900-902 COTTMAN Avenue, Philadelphia, PA 19111

$499,000
4,080 sqft 0.09 AC lot

Masonry construction combines storefront space with occupied rental areas and driveway parking.

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Mixed-Use Corner Property
Mixed-Use Corner Property

900-902 Cottman Ave, Philadelphia, PA 19111

$499,000
4,080 sqft

Corner asset combining storefront space with established rental occupancy.

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Updated Duplex with Separate Utilities
Updated Duplex with Separate Utilities

6941 SHELBOURNE STREET, Philadelphia, PA 19111

$325,000

Two well-maintained units offer individual utilities, laundry, and access to a shared yard.

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Cheltenham, PA Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Cheltenham, PA on our real estate platform. These investment opportunities span a total of 2,814 square feet of properties for sale, with an estimated market value of $649,900.

Sale prices for multifamily properties in Cheltenham, PA average $649,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Quadplexes 1

Demographics Overview

Population 6,787
Population Growth (5Y) +1.3%
Median Household Income $117,614
College Educated 65.1%

High-Yield Neighborhoods for Investment

Identify Cheltenham submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
19012 $442.5K

Taxes & Financing

Tax Rate (average for all types) 6.68%
Property Tax per SF $27.54 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Montgomery County

New Delisted

Total CRE Inventory on Market (SF)

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