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Listing description

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 residence or non-student rental if the next owner chooses to discontinue the student rental license. The property is currently leased through May 2027 for $3,900 per month, plus utilities, providing immediate income for the new owner. The typical lease structure has tenants paying all utilities, helping to maximize investment returns. 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.

Facts & features

Interior

Bedrooms
5
Bathrooms
1 full · 1 half
Living area
1,930 sq ft
Heating
Forced Air
Cooling
Window Unit(s)

Property & construction

Property type
Residential · Twin/Semi-Detached
Architectural style
Colonial
Year built
1920

Lot & parking

Lot size
0.05 acres (2,020 sq ft)

Financial

Price / sq ft
$279
HOA dues
None

Listing details

MLS #
PAMC2178146
County
Montgomery County
School district
Lower Merion
Days on market
60 days

Price history

DateEventPrice
May 5, 2026Listed for sale$539,000

Price changes are tracked from when NookLocal first indexed this listing; earlier history may not appear. Tax & assessment details are in the section below.

The NookLocal estimate

Estimated value

$521,281

High confidence
$495,217$547,345

Automated estimate, not an appraisal.

About this estimate

Based on 10 comparable sales nearby, the Montgomery County assessment ratio, and this home's own January 2026 sale grown with the local market, weighted toward the current asking price.

Last sold
January 2026 for $450,000
About $474,221in today's market
Current list price
$539,000
County assessment implies
$309,363
Est. property taxes at today's rates
$3,922/yr

Comparable Sales

AddressClosedSale priceBd/BaSqftAdjusted value
132 LINWOOD AVE, ARDMORE, PA 19003April 2026$700,0005/22,000$635,107
26 S WYOMING AVE, ARDMORE, PA 19003June 2026$621,0005/22,054$518,091
230 E SPRING AVE, ARDMORE, PA 19003June 2025$575,0004/21,904$568,182
208 EDGEMONT AVE, ARDMORE, PA 19003August 2025$550,0004/21,800$590,491
9 W ATHENS AVE, ARDMORE, PA 19003September 2025$300,0004/11,648$373,323
28 CHATHAM RD, ARDMORE, PA 19003January 2026$520,0003/11,648$657,204

Sale history

DateEventPrice
January 2026Sold$450,000
August 2015Sold$231,900

From closed MLS records since 2018. Earlier transactions may exist.

Estimated taxes

Estimated at current rates

$4,380 / year

$365 per month

MLS shows (2025)

$4,381

School tax

LOWER MERION · 35.27 mills (2025-26)

$3,356

County tax

Montgomery County · 5.95 mills (2026)

$566

Municipal tax

As recorded for 2025 — varies by municipality

$458

Assessment note: this home is assessed at $95,160 — well below the ~$165,796 its asking price implies at Montgomery County's common level ratio (30.8%). A sale near asking can invite a school-district assessment appeal that could raise the bill by roughly $2,912/year. Worth pricing in.

Recomputed from the county assessment ($95,160, 1996 base year) × current millage — portals typically reprint the recorded 2025 bill. Pennsylvania does not reassess on sale. Estimate only — verify with Montgomery County before relying on it. Learn more: PA property tax calculator · Common Level Ratio by county.

Estimated monthly payment calculator

$107,800 (20%)
6.75%

Loan term

Estimated monthly payment

$3,319/mo

Principal & interest
$2,797
Property taxes (current rates)
$365
Home insurance (est.)
$157

Taxes use NookLocal's estimate at current millage rates, not the stale figure on the MLS. Estimate only; verify before relying on it.

Area statistics

School district

Lower Merion

Academic index
86.9/100
Graduation rate
97.8%
PSSA ELA proficient
82.1%

2025 PA state assessments (PSSA / Keystone) and graduation data. Districts serve all residents; verify enrollment boundaries with the district.

Safety data

Montgomery Countycrime & safety numbers →

FBI and Pennsylvania source data, presented without spin.

Property taxes

Montgomery County taxes, explained →

Millage, the Common Level Ratio, and what changes after you buy.

Map for 221 ARDMORE AVE, ARDMORE, PA 19003

© BRIGHT, All Rights Reserved

Information Deemed Reliable But Not Guaranteed

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which United Real Estate Strive 212 participates, and is provided by BRIGHT through a licensing agreement.

IDX listings are displayed pursuant to broker of record United Real Estate Strive 212 — Frank Ramos, Broker/Owner, PA Broker License RM424345, 1220 Broadcasting Rd, Suite 201, Wyomissing, PA 19610, (610) 372-0212.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

Data last updated: July 3, 2026 at 8:28 PM EDT

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