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Elizabeth Knouse Foote Team
REALTOR®
(717) 554-9394
(717) 712-2465
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121 CENTRAL AVENUE , Cheltenham, PA 19012


Sold For: 369000

Sold on: Jan 22nd, 2026
$ Per Square Foot: $135.12
Beds: 0
Baths:

Comments for 121 CENTRAL AVENUE , Cheltenham, PA 19012

It's your lucky day! Buyers financing fell through so this multi-family property is back on the market at a new offer price, just in time for the new year! 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 were 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!

Accessibility: Above Grade, Below Grade Location Description: Suburban
Appliances: Refrigerator, Oven/Range - Gas, Stainless Steel Appliances, Washer, Dryer Lot Dimensions: 0.08 Acre(S)
Basement: Outside Entrance, Unfinished Lot Size: 0.08 Acres
Basement: Yes One Bedroom Units: 2
Cooling: None Roof Type: Flat
Days on Market: 92 Sewer: Public Sewer
Exterior: Brick Taxes: $8,938
Flooring: Carpet, Luxury Vinyl Plank, Hardwood Three Bedroom Units: 1
Fuel Type: Natural Gas Units: 3
Garage: 1 Water: Public
Heating: Radiator Year Built: 1900
High School: CHELTENHAM
Middle School: CEDARBROOK
Elementary School: CHELTENHAM
School District: CHELTENHAM

Listed By

Agency Name: Coldwell Banker Realty
Agency Phone: 2156412727

Shown By

Agent Name: Elizabeth Knouse Foote Team
Agent Phone: (717) 554-9394
Agency Title: Berkshire Hathaway HomeServices Homesale Realty

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/02/2026. The listing information on this page last changed on 04/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 04/02/2026 12:00:01 AM EST) or Bright MLS (last updated Wed 04/01/2026 11:49:40 PM EST). Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Homesale Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Agent License Information: 
Licensed in Pennsylvania
Elizabeth Knouse Foote, James Priar JR. 

3425 Market Street, Camp Hill, PA 17011
717-761-7900

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