Sold
Last Sold Price
5 beds3 baths
223 Ryers Ave, Cheltenham, PA 19012
Multi FamilyProperty Type
0.08 acresLot Size
1900Year Built

Description

Bank Owned Enormous Mixed Use Property In Beautiful Cheltenham. This property was originally a 3 unit and is zoned for 3 units. The previous owner converted the downstairs apartment into more commercial space so at this present time it is 2 units but you will see that it is extremely easy to convert it back into 3 units and this would be your best bet for the most income potential. Once converted back, it is a storefront and 2 bed 1 bath apartment on the 1st floor and the 2nd and 3rd floor are a...Bank Owned Enormous Mixed Use Property In Beautiful Cheltenham. This property was originally a 3 unit and is zoned for 3 units. The previous owner converted the downstairs apartment into more commercial space so at this present time it is 2 units but you will see that it is extremely easy to convert it back into 3 units and this would be your best bet for the most income potential. Once converted back, it is a storefront and 2 bed 1 bath apartment on the 1st floor and the 2nd and 3rd floor are a huge 3 bed 2 bath unit with a huge eat-in kitchen. The 1st floor commercial space appears to be in excellent condition but the upstairs unit looks like it could use some TLC. This property is being Sold As-Is, Where-Is with All Contents inside. Seller makes no warranties as to condition. Buyer is responsible for obtaining U & O from the Township. This property is priced WAY under market value and is one of the best deals I have seen on the market lately!
  • Listed by: Christopher Gallagher 215.654.5424 cgrealestate@hotmail.com • Coldwell Banker Realty
Listing closed: 12/21/2009 12:00 AM • Source: BRIGHT, MLS#: 1005456948

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Recent comparable sales

Median sold price

$381,000

Avg days on market

42

Sale-to-list ratio

98.8%

Cheltenham, PA

9 comparable properties found

a view of a tall building
1/32
1

$369,000

Sold 01/22/26

5
Bedrooms
4
Bathrooms
2,731
Square Feet
0.08
Acres
a front view of a house with a yard
1/31
2

$415,000

Sold 02/21/25

5
Bedrooms
1,888
Square Feet
0.26
Acres
a front view of a house with a garden and fountain
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3

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Sold 09/04/25

5
Bedrooms
1,884
Square Feet
0.25
Acres
a view of a house with backyard and garden
1/16
4

$360,000

Sold 09/23/25

4
Bedrooms
2
Bathrooms
2,064
Square Feet
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a front view of a house with a yard
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5

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Sold 08/29/25

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$499,900 | 701 Rowland Avenue, Cheltenham, PA 19012
1/33
6

$499,900

Sold 11/15/24

4
Bedrooms
2,460
Square Feet
0.24
Acres
front view of a house with a yard
1/2
7

$590,000

Sold 01/21/26

6
Bedrooms
4,714
Square Feet
0.82
Acres
a front view of house with yard and trees in the background
1/35
8

$370,000

Sold 04/04/25

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1,855
Square Feet
0.20
Acres
a front view of house with yard and green space
1/25
9

$405,000

Sold 02/06/25

4
Bedrooms
2,390
Square Feet
0.26
Acres

Location

Listing Courtesy of Coldwell Banker Realty

Sold By RE/MAX Associates-Warminster*

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Property Information for 223 Ryers Avenue

Property Details
  • Taxes: $4,990 / year
  • MLS Type: Multi-Family / Fee Simple
  • Tax ID Number: 31-00-23932-004
  • Ownership: Fee Simple
  • Condo Coop Association: No
  • HOA: No
  • Structure Type: Twin/Semi-Detached
  • Style: Other
  • Waterfront: No
  • Garage: No
  • Subdivision: CHELTENHAM
  • Subdivision: CHELTENHAM (MONTGOMERY PA)
  • Cross Street: FRANKLIN
  • Municipality: CHELTENHAM TWP
  • Central Air: No
  • Basement: Yes
  • New Construction: No
  • Construction Completed: No
Building Information
  • Year Built: 1900
  • Lot Size: 0.08 AC / 3,600 SF
Location
Location
  • School District Name: CHELTENHAM
  • School District County ID: 300200396295
  • County: MONTGOMERY
  • MLS Area: Cheltenham Twp (10631)
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
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2009
  • Tax Assessed Value: $101,960
  • Land Use Code: 4100
  • Zoning: C3
  • Tax Lot: 033
Lease Information
Lease Information
  • Concessions: No
Unit Information
Unit Information
  • Other Units: Unit 1,Unit 2,Unit 3
Rooms
Rooms
  • Room List: Primary Bedroom
Rooms Information
Room 1
  • Room Type: Primary Bedroom
  • Room Level: Unspecified
  • Room Exists: Yes
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: No
  • Beds Total: 0
  • Half Baths Count: 1
  • Full Baths Count: 0
  • Unit Type Baths Total: 1
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: No
  • Beds Total: 2
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: No
  • Beds Total: 3
  • Half Baths Count: 0
  • Full Baths Count: 2
  • Unit Type Baths Total: 2
Financial Information
Expenses
  • Annual Gross Expense: $4,990
Building Info
Building Info
  • Construction Materials: Vinyl Siding, Brick
  • Roof: Flat
Lot / Land Information
Lot / Land Information
  • Lot Size Dimensions: 24
  • Sign On Property: Yes
  • Parcel ID: 672623
Parking
Parking
  • Type Of Parking: On Street
  • Parking Features: Street
Interior Features
Interior Features
  • Interior Features: Ceiling Fan(s), Window Treatments, Store/Office
  • Fireplace: No
  • Accessibility Features: None
  • Security Features: Security System
  • Laundry Type: Hookup
Exterior Features
Exterior Features
  • Exterior Features: Sidewalks, Street Lights
  • Pool: No Pool
Utilities
Utilities
  • Utilities: Cable TV Available
  • Heating: Yes
  • Cooling Type: None
  • Heating Type: Oil, Radiator
  • Heating Fuel: Oil
  • Hot Water: Oil
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: Circuit Breakers
Confidential Data
Listing Office
  • List Agent AOR: Tri-County Suburban REALTORS

Property History for 223 Ryers Avenue

DateEvent & SourcePriceAppreciation
Dec 21, 2009

Closed (Public Record)

Public Record #281380894

$150,000

-6.9% / yr

Dec 21, 2009

Closed

BRIGHT #1005456948

$150,000
Dec 1, 2009

Expired

BRIGHT #1006579458

$259,900
DateEvent & SourcePrice
12/21/2009

Closed (Public Record)

Public Record #281380894

$150,000

-6.9% / yr

12/21/2009

Closed

BRIGHT #1005456948

$150,000
12/01/2009

Expired

BRIGHT #1006579458

$259,900

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

Public Records for 223 Ryers Avenue

Taxable ValueLand-Additions-Total-
Tax Record2026$7,206 ($600 / month)
Home Facts
Baths4Total Finished SqFt3,985 SqFtAbove Grade Finished SqFt3,985 SqFtLot Size3,600 SqFtStyleMiscellaneous CommercialYear Built1900Year Renovated1900ZoningC3CountyMONTGOMERYAPN31-00-23932-00-4

Schools near 223 Ryers Avenue

This home is within Cheltenham Township School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 7 to 8
Public - 9 to 12
Private - 1 to 10
Rating
School
Distance
Cheltenham El School
PublicK to 4

Cedarbrook Middle School
Public7 to 8

Cheltenham High School
Public9 to 12

First Century Gospel School
Private1 to 10

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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 223 Ryers Avenue, Cheltenham, PA 19012
$150,000
5
3
3,600
$118,000
4
2,024
3,750
$210,000
2,206
3,750
$98,500
3
2,158
3,751
3,812
$280,000
2,158
3,750

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 Coldwell Banker Realty

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.