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121 Central Ave, 
Cheltenham, PA 19012

$380,000


5

Beds


Bath


2,731

Sq Ft


Multi-Family

Pending

Last updated:

December 13, 2025, 08:43 AM

MLS#

PAMC2153912

Source:

BRIGHTMLS

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About This Home

121 Central Ave

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 Units Whether 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!

Home Facts

Multi-Family

5 Bedrooms

Built in 1900

Price Summary

380,000

$139 per Sq. Ft.

MLS #:

PAMC2153912

Last Updated:

December 13, 2025, 08:43 AM

Added:

1 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5


Structure

Structure

Architectural Style:

Traditional

Building Area:

2,731 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

3,484


Finances & Disclosures

Finances

Price:

$380,000

Price per Sq. Ft:

$139 per Sq. Ft.

121 Central Ave
Source:BRIGHTMLS
The information being provided by Bright Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Bright Mls All rights reserved.

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Contact an Agent

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.