Last Sold Price
3,690 sqft$264/sqft
120 Clement Rd, Oreland, PA 19075

Description

You found the purpose build 4 unit building that you have been looking! Welcome to this well-maintained and fully rented 4-unit apartment building, ideally located across the street from a beautiful public park featuring basketball courts, a playground, and open green space—perfect for tenants seeking both convenience and community. Each of the four units has been meticulously updated and renovated to reflect modern tenant desires and ease of maintenance for landlords. The building offers 4 spacious...You found the purpose build 4 unit building that you have been looking! Welcome to this well-maintained and fully rented 4-unit apartment building, ideally located across the street from a beautiful public park featuring basketball courts, a playground, and open green space—perfect for tenants seeking both convenience and community. Each of the four units has been meticulously updated and renovated to reflect modern tenant desires and ease of maintenance for landlords. The building offers 4 spacious 2-bedroom, 1-bathroom apartments with great natural light and open, functional floor plans. To make things even better the building features separate utilities (gas, electric and water are paid by tenants on their own bills), private laundry hookups, and individual storage rooms for each unit. There are also 4 garages that can be rented to tenants or to others. Each of these features is a great way to maximize earnings and limit the headache the inevitably comes with less ideal setups. Ideal for 1031 exchange or portfolio addition

The building is fully occupied and ready to provide strong cash flow from day one while also having significant long-term upside! This is a rare chance to own a quality multifamily asset in a highly rentable location. Looking for a 1031 exchange, this is the one! Don’t miss it and schedule your showing today!
LISTING CLOSED: 07/02/2025 12:00 AM

  1. Listed by Stephen Paul Stout • Keller Williams Real Estate - Media
    P: (858)-449-1569 steve@sellwithstout.com

Property Details for 120 Clement Road

Status
MLS #
PAMC2135730
Days on Market
7
Taxes
$10,462 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi-Family / Fee Simple
Year Built
1960
Lot Size
0.15 AC / 6,380 SF
Tax ID Number
52-00-04069-001
Ownership
Fee Simple
Structure Type
Detached
Style
Colonial
Waterfront
No
Views
Park/Greenbelt
Garage
Yes
Expected On Market Date
06-04-2025
Cross Street
Bruce Road
Municipality
SPRINGFIELD TWP
Total Parking Spaces
8
Central Air
Yes
Basement
Yes
Above Grade Finished SQFT
3,690.00
Above Grade Fin SQFT Source
Assessor
Below Grade Finished SQFT
.00
Below Grade Fin SQFT Source
Assessor
Below Grade Unfinished SQFT
.00
Below Grade Unfin SQFT Source
Assessor
Total Below Grade SQFT
.00
Total Below Grade SQFT Source
Assessor
New Construction
No
Property Condition
Excellent, Very Good, Good

Location

Listing Courtesy of Keller Williams Real Estate - Media

Sold By Compass Pennsylvania, LLC

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Building Information for 120 Clement Road

Stories-Residences4Year Built1960Building Size-Lot Size0.15 AC / 6,380 SF

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Property Taxes

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Property Information for 120 Clement Road

Location
Location
  • School District Name: SPRINGFIELD TOWNSHIP
  • School District County ID: 300200397036
  • SchoolDistrictSource: Listing Agent
  • County: MONTGOMERY
  • MLS Area: Springfield Twp (10652)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $211,860
  • Year Assessed: 2025
  • County Tax: $1,112
  • Improvement Assessed Value: $0
  • City Town Tax: $985
  • Land Assessed Value: $0
  • Clean Green Assessed: No
  • Land Use Code: 1136
  • Historic: No
  • Zoning: B-1
  • Tax Lot: 093
  • School Tax: $8,282
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Common Area Maintenance, Taxes - Real Estate, Trash Collection, Sewer, Lawn/Shrub Care
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 4
  • Three Bedroom Units Count: 0
  • Units Leased Count: 4
  • Number Of Units Vacant: 0
  • Rent Control: No
Financial Information
Financial Information
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 3,690.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 58.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 790198
Parking
Parking
  • Type Of Parking: Attached Garage, On Street, Off Street
  • Num of Attached Garage Spaces: 4
  • Total Garage Spaces: 4
  • Off Street - # of Spaces: 4
  • Parking Features: Asphalt Driveway, Private
  • Garage Features: Basement Garage
Interior Features
Interior Features
  • Fireplace: No
  • Appliances: Built-In Microwave, Dishwasher, Microwave, Water Heater, Stove, Stainless Steel Appliances, Refrigerator, Oven/Range - Gas
  • Accessibility Features: None
  • Security Features: Main Entrance Lock
Exterior Features
Exterior Features
  • Spa: No
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: 90% Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: Circuit Breakers
Confidential Data
Listing Office
  • List Agent AOR: Tri-County Suburban REALTORS
  • List Agent URL: www.SellWithStout.com

Property History for 120 Clement Road

DateEvent & SourcePriceAppreciation
Jul 2, 2025

Closed

BRIGHT #PAMC2135730

$975,000
Jun 27, 2025

Closed (Public Record)

Public Record #1905740201

$975,000

+12.1% / yr

Jun 9, 2025

Pending

BRIGHT #PAMC2135730

DateEvent & SourcePrice
07/02/2025

Closed

BRIGHT #PAMC2135730

$975,000
06/27/2025

Closed (Public Record)

Public Record #1905740201

$975,000

+12.1% / yr

06/09/2025

Pending

BRIGHT #PAMC2135730

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 120 Clement Road

Taxable ValueLand$50,630Additions$161,230Total$211,860
Tax Record2025$10,859 ($905 / month)
Home Facts
Baths4Total Finished SqFt3,690 SqFtAbove Grade Finished SqFt3,690 SqFtStories2Lot Size6,382 SqFtStyleQuadraplexYear Built1960Year Renovated2023ZoningB1CountyMONTGOMERYAPN52-00-04069-00-1

Schools near 120 Clement Road

This home is within Springfield Township School District.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Springfield Twp El School-Erdenhm
Public3 to 5

Springfield Twp Middle School
Public6 to 8

Springfield Twp High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 120 Clement Road, Oreland, PA 19075
$975,000
3,690
6,380
4
3,690
6,839
4
3,690
6,839
$200,000
3
1
1,384
8,141
$225,000
4
1,534
8,330
$370,000
4
1,102
7,840

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Real Estate - Media

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.