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Melrose Park, PA

Multifamily

Melrose Park, PA Multifamily Properties for Sale

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Philadelphia, PA Wyncote, PA Cheltenham, PA Jenkintown, PA Glenside, PA Rockledge, PA York, PA Abington, PA

6 properties

Occupied Triplex with Solar Panels

Updated: Oct 9, 2025

Occupied Triplex with Solar Panels

7301 CHESTNUT AVE, Elkins Park, PA 19027

$650,000

4,355 sqft 0.27 AC lot

Fully occupied 3‑unit triplex with separate kitchens and full baths across three levels
Income: Unit 1 $2,500/mo, Unit 2 $2,000/mo, Unit 3 $1,500/mo; one detached garage space rents for $500/mo
Situated on 0.27 acres with solar panels, fenced front yard with covered porch, and semi‑private backyard with patio and mature landscaping
Parking includes a large driveway, a detached 2‑car garage, and an additional detached garage
Unit features include in‑unit laundry in the upstairs unit; basement includes shared laundry facilities and additional storage

This listing looks promising.

Here's a quick look at some key insights for

7301 CHESTNUT AVE, ELKINS PARK, PA 19027

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Est. Cap Rate

9.1%
Above avg (5.9%)
Est. NOI

$59K
Annual
Price @ 7% Cap

$841K
Above asking
Property Type

Triplex
Built 1873

View Property Analytics

Twin Duplex with Unfinished Basement

Updated: Apr 30

Twin Duplex with Unfinished Basement

7208 CHESTNUT Avenue, Elkins Park, PA 19027

$365,000

1,808 sqft 0.08 AC lot

Twin Duplex in Desirable Elkins Park: Great for rental income or owner‑occupancy.
Two Separate Units: Each featuring 2 bedrooms, living room, kitchen, and full bath.
Convenient Location: Close to shopping, public transit, and major roadways.
Full Unfinished Basement: Provides ample storage space.
On‑Street Parking: Offers convenient parking.

Well-Maintained Detached Duplex

Well-Maintained Detached Duplex

7768 MONTGOMERY Avenue, Elkins Park, PA 19027

$329,000

1,837 sqft 0.04 AC lot

Detached duplex with two residential units, a full basement, and a driveway for off-street parking.

Triplex With Oversized Lot

Triplex With Oversized Lot

7301 Chestnut Avenue, Elkins Park, PA 19027

$725,000

4,355 sqft

Well-maintained triplex on an oversized lot with multiple garages, fenced yard, and solar panels.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Turnkey Duplex with Private Backyard

Turnkey Duplex with Private Backyard

932 TOWNSHIP LINE Road, Elkins Park, PA 19027

$349,000

1,544 sqft 0.06 AC lot

Duplex offers two 2-bedroom, 1-bath units and a private backyard for convenient, flexible residential income.

Turnkey Duplex with Private Backyards

Turnkey Duplex with Private Backyards

932 Township Line Road, Elkins Park, PA 19027

$365,000

1,544 sqft

Well-maintained duplex offers two 2-bedroom, 1-bath units and private, generously sized backyards.

Based on your search, we've compiled 27 Potential Opportunities for your consideration. Besides 6 Active listings in Melrose Park, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 13 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Six-Unit Apartment Building

Six-Unit Apartment Building

1337-1339 72nd Avenue, Philadelphia, PA 19126

$824,900

5,480 sqft

Well-maintained six-unit building with in-unit heating and A/C, updated utilities, and on-site parking plus coin laundry.

Corner Multifamily with Retail

Corner Multifamily with Retail

21800 N 9th Street, Philadelphia, PA 19107

$4,100,000

8,800 sqft

Multifamily property with 9 occupied apartment units and 1 storefront, all within a 10-unit total.

Mixed-Use Investment with Stores

Mixed-Use Investment with Stores

22232225 S 7TH STREET, Philadelphia, PA 19148

$780,000

6,900 sqft

Two adjacent mixed-use properties include two occupied stores and six occupied apartments.

Mixed-Use Redevelopment Building

Mixed-Use Redevelopment Building

121618 N Broad Street, Philadelphia, PA 19121

$3,675,000

5,313 SF building on a 10,500 SF lot, minutes from Temple University and within an Opportunity Zone.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Land Near Camelback Resort

Land Near Camelback Resort

250 Big Hill Pass, Scotrun, PA 18355

Contact for pricing

0.18 AC lot

Open lot near Camelback, suitable for RV, tiny home, or mobile.

Detached Two-Family Residence

Detached Two-Family Residence

69 Martense Street, Brooklyn, NY 11226

$1,888,888

0.10 AC lot

Detached two-family home with two 3-bedroom apartments and a semi-finished basement featuring a separate entrance.

Flatbush Development Property For Sale

Flatbush Development Property For Sale

14 E 32nd Street lot: 13, Brooklyn, NY 11226

$1,249,000

1,407 sqft 0.09 AC lot

40 x 100 lot with R6, C1-2 zoning.

Vacant RV Community Lot

Vacant RV Community Lot

146 Rainbow Drive, Gouldsboro, PA 18424

Contact for pricing

Vacant lot in a lake-based RV vacation community, within walking distance to key recreation amenities.

Off-Market Properties in Melrose Park, PA

Consider similar Off-Market properties in Melrose Park, PA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

7326 Coventry Ave

GARDEN APT, COURT APT (5+ UNITS)

7326 Coventry Ave, Melrose Park, PA 19027-2944

$745,000

Estimated value

5,418 sqft 0.42 AC lot

APARTMENT HOUSE (5+ UNITS)

534 Church Rd, Elkins Park, PA 19027-2455

$2,135,000

Estimated value

13,676 sqft 0.63 AC lot

7340 Old York Rd

HIGH-RISE APARTMENTS

7340 Old York Rd, Elkins Park, PA 19027-3121

$6,880,000

Estimated value

84,542 sqft 1.06 AC lot

APARTMENT HOUSE (5+ UNITS)

515 Stahr Rd, Elkins Park, PA 19027-1419

$1,205,000

Estimated value

12,916 sqft 0.14 AC lot

8000 High School Rd

GARDEN APT, COURT APT (5+ UNITS)

8000 High School Rd, Elkins Park, PA 19027-2647

$6,850,000

Estimated value

100,409 sqft 2.92 AC lot

26 Township Line Rd

APARTMENT HOUSE (5+ UNITS)

26 Township Line Rd, Elkins Park, PA 19027-2251

$5,135,000

Estimated value

56,118 sqft 2.25 AC lot

1990 Ashbourne Rd

GARDEN APT, COURT APT (5+ UNITS)

1990 Ashbourne Rd, Elkins Park, PA 19027-1132

$5,055,000

Estimated value

71,766 sqft 3.19 AC lot

APARTMENT HOUSE (5+ UNITS)

415 Church Rd, Elkins Park, PA 19027-2447

$1,475,000

Estimated value

25,040 sqft 0.63 AC lot

GARDEN APT, COURT APT (5+ UNITS)

7876 Spg Ave, Elkins Park, PA 19027-2633

$3,440,000

Estimated value

53,165 sqft 0.42 AC lot

2047 Mather Way

GARDEN APT, COURT APT (5+ UNITS)

2047 Mather Way, Elkins Park, PA 19027-1092

Value Estimation by Request

942,795 sqft 119.95 AC lot

22 Township Line Rd

APARTMENT HOUSE (5+ UNITS)

22 Township Line Rd, Elkins Park, PA 19027-2244

$3,465,000

Estimated value

34,312 sqft 1.61 AC lot

GARDEN APT, COURT APT (5+ UNITS)

902 Vly Rd, Melrose Park, PA 19027-3234

$13,345,000

Estimated value

198,792 sqft 9.19 AC lot

7301 Coventry Ave

HIGH-RISE APARTMENTS

7301 Coventry Ave, Melrose Park, PA 19027-2946

$11,015,000

Estimated value

140,630 sqft 2.88 AC lot

Melrose Park, PA Multifamily Properties Market Trends and Statistics

Explore 19 multifamily properties for sale in Melrose Park, PA, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 15,443 square feet of properties for sale, with an estimated market value of $2,783,000.

Sale prices for multifamily properties in Melrose Park, PA start at $329,000, averaging $463,833, and reaching up to $725,000 — 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

Demographics Overview

Population 20K

Population Growth (5Y) +2.1%

Median Household Income $105,190

College Educated 88.2%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
Elkins Park - 19027	$875K

Listings Trend

New vs delisted commercial listings in Montgomery County

New Delisted

Total CRE Inventory on Market (SF)

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