Multi-Family for Sale in Cheltenham, PA

Welcome to 506 Ryers Ave in Cheltenham-an excellent opportunity for an owner-occupant or investor looking for a well-maintained duplex with flexibility for the future. Offered at $325,000, this property features two separate one-bedroom units, each providing comfortable living space and recently renovated kitchens with newer appliances. The property has been nicely updated while still leaving room for the next owner to make additional improvements, upgrades, and personal touches over time. One of the standout features is the off-street parking for up to four cars-a valuable convenience for a multi-unit property. A rear yard provides additional outdoor space for residents to enjoy, while the large basement offers plenty of room for storage, utilities, and everyday property needs. For an owner-occupant, this is an opportunity to live in one unit while generating rental income from the other. For an investor, the two-unit configuration, parking, updated kitchens, outdoor space, and additional storage create a strong foundation for a long-term rental property. Whether you're looking to begin your real estate investment journey, add another property to your portfolio, or offset your housing costs with rental income, 506 Ryers Ave offers plenty of possibilities at an approachable price point.