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505 Ryers Ave, Cheltenham, PA, 19012

3beds
--baths
1,604sqft
$299,900
$187price/sqft
$2,186/moest. monthly cost
$87,440/yrincome needed

About This Home

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.

Getting Around

70
WalkingSomewhat Walkable
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

3/10
Cheltenham El SchoolGrades K-40.8 mi
5/10
Cedarbrook Middle SchoolGrades 7-83.6 mi
5/10
Cheltenham High SchoolGrades 9-124.0 mi

Construction

Condition

  • Property condition: Good
  • Year built: 1900

Materials

  • Foundation: Stone
  • Roof: Shingle,Flat
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Colonial
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 3

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: None,Natural Gas

Interior Area

  • Total structure area: 1,604
  • Total interior livable area: 1,604 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 310023992007
  • Zoning: R4
  • Zoning description: 1132 Duplex
  • Special condition: Standard
  • Exclusions: 3 Washers,3 Dryers,2 Refrigerators,Window Ac Units,Tenant Property

Features

  • Pool features: None

Lot

  • Lot size: 3,750 sqft
  • Features: Backs - Parkland,Rear Yard
  • Lot size dimensions: 25.00 x 0.00

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Heat Wave
Inland Flooding
Strong Wind

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,516$18,192
Home Insurance *$124$1,488
Property Taxes $322$3,864
Electricity $224$2,692
Total$2,186$26,232
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$74,948/yr
40% on housing$65,580/yr
45% on housing$58,293/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.9%
9.9%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: -1.3%
-1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$187This listing

vs Other Active Listings

Avg $/sqft

ZIP 19012$221
Montgomery County$233

vs Homes Sold Last Month

Median $/sqft

ZIP 19012$200
Montgomery County$247

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-23Listed for sale$325,000

For Sale by Agent

AgentMaryclaire Dzik
BrokerageBHHS Fox & Roach-Jenkintown

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