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For Sale

Listing description

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.

Rooms by level

How the bedrooms and baths are distributed across the floors, as reported by the listing agent.

  1. Lower level1 half bath
  2. Main level3 bedrooms · 1 full bath

Facts & features

Interior

Bedrooms
3
Bathrooms
1 full · 1 half
Living area
1,500 sq ft
Heating
90% Forced Air
Cooling
Central A/C

Property & construction

Property type
Residential · Twin/Semi-Detached
Architectural style
Raised Ranch/Rambler
Year built
1960

Lot & parking

Lot size
0.1 acres (4,408 sq ft)
Garage
1 space

Financial

Price / sq ft
$223
HOA dues
None

Listing details

MLS #
PAMC2194492
County
Montgomery County
School district
Cheltenham
Days on NookLocal
3 days

Interior features

Flooring
Laminated, Partially Carpeted, Wood
Basement
Full
Levels
2
Accessibility
2+ Access Exits

Exterior & construction

Construction
Masonry
Foundation
Other
Exterior features
Other
Patio & porch
Patio(s)

Systems & utilities

Heating fuel
Natural Gas
Cooling fuel
Electric
Hot water
Natural Gas
Water source
Public
Sewer
Public Septic

Parking

Parking
Attached Garage, Driveway, On Street
Garage type
Basement Garage, Built In, Garage - Front Entry
Parking features
Concrete Driveway, Private
Total spaces
3
Driveway spaces
2

Community

Subdivision
CHELTENHAM VIL

Lot & zoning

Zoning
RES

Included in the sale

Inclusions
washer, dryer, 2 refrigerators and all shown furniture and belongings
Possession
Settlement

Price history

DateEventPrice
Oct 3, 2026Listed 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.

The NookLocal estimate

Estimated value

$331,000

Automated estimate, not an appraisal. Sale records through July 2026.

About this estimate

Based on 10 comparable sales nearby, the Montgomery County assessment ratio, weighted toward the current asking price.

Current list price
$335,000
County assessment implies
$313,255
Est. property taxes at today's rates
$5,668/yr

Comparable Sales

AddressClosedSale priceBd/BaSqftAdjusted value
133 JEFFERSON AVE, CHELTENHAM, PA 19012April 2026$279,0003/11,472$297,259
548 WOODLAND AVE, CHELTENHAM, PA 19012May 2026$220,0003/11,550$222,409
625 ARBOR RD, CHELTENHAM, PA 19012July 2026$325,0003/11,552$329,675
415 FRANKLIN AVE, CHELTENHAM, PA 19012December 2025$315,0003/11,532$349,310
627 ARBOR RD, CHELTENHAM, PA 19012March 2026$305,0003/11,555$327,210
507 JEFFERSON AVE, CHELTENHAM, PA 19012July 2026$291,2503/11,387$324,344

Estimated taxes

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.

Estimated monthly payment calculator

$67,000 (20%)
6.43%

Loan term

Estimated monthly payment

$2,252/mo

Principal & interest
$1,682
Property taxes (current rates)
$472
Home insurance (est.)
$98

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.

Area statistics

School district

Cheltenham Township

Academic index
56.2/100
Graduation rate
90%
PSSA ELA proficient
49.8%
PSSA Math proficient
45.9%

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.

© 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: October 6, 2026 at 2:01 PM EDT

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