221 Ardmore Ave, Ardmore, PA, 19003
About This Home
Rare opportunity to purchase a Lower Merion Township–licensed student rental in the heart of Ardmore. Just 3.3 miles (approximately a 9-minute drive) to Villanova University and a short 10-minute walk to the Ardmore Train Station (or 3-minute drive), this location is ideal for student tenants. Opportunities like this are extremely limited—purchasing an existing licensed property is often the only way to enter the Lower Merion student rental market. The property can also be used as a primary home or non-student rental if the next Buyer chooses to give up the student license. Currently vacant and ready for the upcoming student rental cycle, the new owner has full control over tenant selection. The typical lease structure has tenants paying all utilities, maximizing owner returns. Market rents for comparable student rentals range from $4,200 to $4,400 per month. This well-maintained, large 5-bedroom twin home features a welcoming front porch, rear yard, and recent updates, including new carpet, newer HVAC, and fresh interior and exterior paint—making it a true turnkey investment. Enjoy walkable access to Suburban Square, along with Ardmore’s shops, dining, and Main Line amenities. Call today for more details or to schedule a private tour of this exceptional investment opportunity.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1920
Materials
- Foundation: Stone
- Roof: Asphalt
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Oven/Range - Electric,Dishwasher,Gas Water Heater
- Laundry features: Has Laundry,Main Level
Basement
- Area: 0
Basement
- Has basement: Yes
- Basement: Unfinished
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 5
Features
- Eat-in Kitchen,Kitchen - Table Space,Plaster Walls
- Flooring: Carpet
- Finished area below ground: 0
- Finished area above ground: 1,930
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Window Unit(s),Natural Gas
Interior Area
- Total structure area: 1,930
- Total interior livable area: 1,930 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 400001452002
- Attached to another structure: Yes
- Zoning: RESIDENTIAL
- Special condition: Standard
Features
- Levels: Three
- Stories: 3
- Pool features: None
- Fencing: Wood
Lot
- Lot size: 2,020 sqft
- Features: Level,Suburban
- Lot size dimensions: 20.00 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
- Cold Wave
- Heat Wave
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Pennsylvania Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,624 | $31,488 |
| Home Insurance * | $95 | $1,140 |
| Property Taxes | $557 | $6,684 |
| Electricity | $224 | $2,692 |
| Total | $3,500 | $42,000 |
Income You'd Need if You Spent...
Pennsylvania FAIR Plan Programs
Insurance Placement Facility of Pennsylvania/FAIR Plan
Wildfire
HailWindHow 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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-05 | Listed for sale | $550,000 |
| 2026-02-26 | Price change | $4,500 |
| 2026-02-13 | Listed for rent | $5,000 |
| 2026-01-05 | Sold | $450,000 |
| 2025-12-01 | Contingent | $449,000 |
| 2025-11-19 | Listed for sale | $449,000 |
| 2025-06-30 | Listing removed | $2,400 |
| 2025-06-10 | Price change | $2,400 |
| 2025-02-13 | Listed for rent | $2,700 |
| 2021-03-04 | Listing removed | -- |
| 2020-09-21 | Listed for rent | $2,250 |
| 2019-11-22 | Listing removed | $2,250 |
| 2019-09-17 | Listed for rent | $2,250 |
| 2018-01-13 | Listing removed | $2,250 |
| 2017-11-24 | Price change | $2,250 |
| 2017-06-21 | Listed for rent | $2,400 |
| 2016-09-14 | Listing removed | $2,250 |
| 2015-11-18 | Listing removed | $2,100 |
| 2015-09-02 | Sold | $231,900 |
| 2015-08-27 | Listed for rent | $2,100 |
| 2015-07-20 | Price change | $249,000 |
| 2015-06-05 | Listed for sale | $259,900 |
View on Zillow