$350,000
820 Elkins Ave, Elkins Park, PA 19027
Listed by Keller Williams Realty Devon-Wayne
Welcome to 502 Franklin Avenue, a charming three-bedroom, one-and-a-half-bath masonry twin in the heart of Cheltenham Village, where classic neighborhood character, natural beauty, and everyday convenience come together. One of the home’s standout features is its location. Just steps from the trails, streams, and green spaces surrounding Tookany Creek Park, you can enjoy peaceful walks and nature practically outside your door. The home is also located within the highly regarded Cheltenham School District. Cheltenham Station is nearby, providing convenient rail access to Center City Philadelphia, while Temple University Hospital–Jeanes Campus, local restaurants, neighborhood shops, shopping, and major roadways are all just a short distance away. Inside, this well-cared-for home blends original character with thoughtful updates. Beautifully refinished original hardwood floors are complemented by fresh paint and recessed lighting, creating bright and welcoming living spaces. Three comfortable bedrooms provide plenty of flexibility, while the finished lower level adds valuable additional living space. The finished walkout lower level includes a bonus room that can easily serve as a home office, playroom, hobby space, or additional living area. From here, step directly outside to one of the home’s most special features—a beautiful, private-feeling backyard surrounded by mature greenery and colorful landscaping. The outdoor setting offers a peaceful retreat for relaxing, gardening, entertaining, or simply enjoying the changing seasons. The combination of the walkout lower level and picturesque backyard creates a wonderful indoor-outdoor connection that is difficult to find. With parks and trails just steps away, convenient public transportation, nearby dining and shopping, the highly regarded Cheltenham School District, and easy access to the many amenities of Cheltenham Township, 502 Franklin Avenue offers the character and warmth of an established neighborhood with the convenience of modern everyday living. Come experience this special Cheltenham Village home for yourself.
How the bedrooms and baths are distributed across the floors, as reported by the listing agent.
| Date | Event | Price |
|---|---|---|
| Oct 3, 2026 | Listed for sale | $335,000 |
Price changes are tracked from when NookLocal first indexed this listing; earlier history may not appear. Tax & assessment details are in the section below.
Estimated value
$331,000
Automated estimate, not an appraisal. Sale records through July 2026.
Based on 10 comparable sales nearby, the Montgomery County assessment ratio, weighted toward the current asking price.
| Address | Closed | Sale price | Bd/Ba | Sqft | Adjusted value |
|---|---|---|---|---|---|
| 133 JEFFERSON AVE, CHELTENHAM, PA 19012 | April 2026 | $279,000 | 3/1 | 1,472 | $297,259 |
| 548 WOODLAND AVE, CHELTENHAM, PA 19012 | May 2026 | $220,000 | 3/1 | 1,550 | $222,409 |
| 625 ARBOR RD, CHELTENHAM, PA 19012 | July 2026 | $325,000 | 3/1 | 1,552 | $329,675 |
| 415 FRANKLIN AVE, CHELTENHAM, PA 19012 | December 2025 | $315,000 | 3/1 | 1,532 | $349,310 |
| 627 ARBOR RD, CHELTENHAM, PA 19012 | March 2026 | $305,000 | 3/1 | 1,555 | $327,210 |
| 507 JEFFERSON AVE, CHELTENHAM, PA 19012 | July 2026 | $291,250 | 3/1 | 1,387 | $324,344 |
Estimated at current rates
$5,668 / year
≈ $472 per month
MLS shows (2026)
$6,859
-17.4% at current rates
School tax
CHELTENHAM TOWNSHIP · 54.77 mills (2025-26)
$5,113
County tax
Montgomery County · 5.95 mills (2026)
$556
Municipal tax
Not reported in the MLS feed
—
Recomputed from the county assessment ($93,350, 1996 base year) × current millage. School millage is from the latest year certified by the Pennsylvania Department of Education (2025-26); districts adopt the next year's budgets each June, and we update when the state certifies the statewide file in the fall. Portals typically reprint the recorded 2026 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.
Loan term
Estimated monthly payment
$2,252/mo
Taxes use NookLocal's estimate at current millage rates, not the stale figure on the MLS. The default rate is the average 30-year rate as of July 2026; insurance is estimated at 0.35% of the price per year. Below 20% down, lenders usually add mortgage insurance, which this estimate doesn't include. Estimate only; verify before relying on it.
School district
Cheltenham Township
2025 PA state assessments (PSSA / Keystone) and graduation data. The index measures student outcomes, not school effectiveness, and is not adjusted for demographics. Districts serve all residents; verify enrollment boundaries with the district.
Safety data
Montgomery County crime & safety numbers →
County figures from FBI and Pennsylvania source data.
Property taxes
Montgomery County taxes, explained →
Millage, the Common Level Ratio, and what changes after you buy.
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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: October 6, 2026 at 2:01 PM EDT
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