About 7845 Montgomery Ave
Turnkey Investment Opportunity: 7845 Montgomery Ave, Elkins Park, PA (2 buildings, 12 units total — Main Building: 10 units | Cottage House: 2 units) Adjacent parking lot in the back with veriance to build a duplex is available for sale as well. This exceptional commercial multifamily property, originally built in 1920, blends historic charm with income-producing potential. Situated in a prime Elkins Park location, it offers 12 total units across two buildings: a 10-unit main structure and a 2-unit cottage. With solid early-20th century construction and a half-acre parcel, this asset is well-positioned for long-term appreciation and strong rental demand. Investors will appreciate the absence of association fees, translating into stronger profit margins and cash flow. Highlights 12 Units Total (10 + 2 configuration) Year Built: 1920 — enduring quality and craftsmanship Lot Size: 0.50 acres Prime Location: Walkable to Elkins Park train station, shops, and High School Park Value-Add Potential: Modernize interiors and common spaces to maximize NOI Rare Market Opportunity: No immediate comparable competition nearby Why Invest Here? Versatility: Strategic positioning supports a variety of investment models — stable rental income, redevelopment, or portfolio diversification. Cash Flow + Appreciation: Historic bones with room for modernization, poised to increase value. Tenant Demand: Proximity to transit and community amenities ensures consistent leasing potential. Seize this rare chance to acquire a turnkey 12-unit multifamily with a bonus cottage, offering both historic significance and future growth potential in one of Montgomery County’s most desirable markets.
Features of 7845 Montgomery Ave
| MLS® # | PAMC2153832 |
|---|---|
| Price | $2,550,000 |
| Bathrooms | 0.00 |
| Square Footage | 13,894 |
| Acres | 0.50 |
| Year Built | 1920 |
| Type | Commercial Sale |
| Sub-Type | Five Or More Units |
| Status | Active |
Community Information
| Address | 7845 Montgomery Ave |
|---|---|
| Area | Cheltenham Twp (10631) |
| City | ELKINS PARK |
| County | MONTGOMERY-PA |
| State | PA |
| Municipality | CHELTENHAM TWP |
| Zip Code | 19027 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | None |
|---|---|
| Cooling | None |
| Has Basement | Yes |
| Fireplace | No |
Exterior
| Exterior | Block, Brick and Siding, Combination, Concrete/Block |
|---|
School Information
| District | CHELTENHAM |
|---|
Additional Information
| Date Listed | September 4th, 2025 |
|---|---|
| Days on Market | 42 |
| Zoning | MU2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | White Acre Realty |
|---|---|
| Contact Info | 2159954222 |