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$1,250,000
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Property Description
🢠107 Walnut Ave, Ardmore, PA - Rare 5-Unit Investment Opportunity Introducing a rare and highly desirable investment opportunity in the heart of Ardmore-a fully rented five-unit apartment building with strong rental income and bonus garage revenue. Properties like this simply do not come around often. This well-maintained building features five updated units, all in good condition and fully occupied, providing immediate and consistent cash flow. In addition to the residential units, the property includes a three-car garage, also rented for additional income-a valuable perk in this location. ✨ Property Highlights Five-unit apartment building in great condition All units fully rented - turnkey income from day one Updated interiors across the units Three-car garage also fully rented for extra monthly revenue Long driveway with assigned parking spots behind the building Excellent cash-flowing opportunity with minimal lift required 📠Prime Ardmore Location Situated in one of the Main Line's most walkable and vibrant communities, this property offers unbeatable accessibility: Steps from shops, restaurants, cafés, and local attractions Close to major travel routes and public transportation Highly desirable neighborhood for renters, ensuring strong long-term demand 💰 A High-Performing Addition to Any Portfolio Whether you're a seasoned investor or building your first multifamily portfolio, this property delivers stability, location, and immediate returns. With all units and the garage already rented, this is a rare chance to secure a truly plug-and-play investment in Ardmore. You do not want to miss this one!
Full Property Details
Full Property Details for 107 Walnut Ave
General
- Price: $1,250,000
- Taxes: $7,373 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PAMC2161962
- Updated: 12/17/2025
- Added to Site: 62 day(s) ago
Business
- Business Type: Apartment Building, Storage
Interior
- Flooring: Laminate Plank, Partially Carpeted
Rooms
Bathrooms
- Restrooms: 5
Parking
- Total Spaces: 5
- Parking Features: Private
- Parking Type: Driveway, Private Garage, Other
Location
- Area: Lower Merion Twp (10640)
- Municipality: LOWER MERION TWP
- County: MONTGOMERY
- Subdivision: ARDMORE
- Driving Directions: GPS
Heating & Cooling
- Cooling Type: None
- Cooling Fuel: Electric
- Heating Type: Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Mixed
- Year Built: 1900
- Year Built Source: Assessor
- Property Condition: Very Good, Good, Average
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3, Unit 6
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,750
- Lot Size Source: Assessor
- Lot Dimensions: 50.00 x 0.00
- Zoning: MIXED RES/COMM
Financial Considerations
- Assessment Year: 2025
- School Tax: $5,781
- City/TownTax: $731
- City/TownTax Freq: Annually
- County Tax: $860
- County Tax Freq: Annually
- Tax w/Assessment: $163,920
- Tax Amount: $7,373
- Tax Year: 2025
- Owner Pays: Common Area Maintenance, Insurance, Lawn/Shrub Care, Trash Collection, Water
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenants personal property
- Inclusions: Landlord owned Appliances
- Investment: Yes
- Lot Number: 688
Listed by Real of Pennsylvania, William Holder
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Schools
Schools serving 107 Walnut Ave
School District:Lower Merion School District
| Name | Grades | Distance |
|---|---|---|
Penn Valley School 301 Righters Mill Road, Narberth, PA 19072 | K-4 | 1.9 mi |
Welsh Valley Middle School 325 Tower Lane, Narberth, PA 19072 | 5-8 | 2.6 mi |
Lower Merion High School 315 East Montgomery Avenue, Ardmore, PA 19003 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 107 Walnut Ave
Date
Details
Price
Change
Source
11/18/2025
Listed
$1,250,000
315.7%
MLS
3/30/2010
Sold
$300,700
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 107 Walnut Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,171
5%
$163,920
—
2023
$6,846
4%
$163,920
—
2022
$6,561
2%
$163,920
—
2021
$6,439
2%
$163,920
—
2020
$6,292
3%
$163,920
—
2020
$6,138
2%
$163,920
—
2019
$6,030
2%
$163,920
—
2018
$5,920
2%
$163,920
—
2017
$5,809
5%
$163,920
—
2016
$5,554
4%
$163,920
—
2015
$5,356
6%
$163,920
—
2014
$5,053
—
$163,920
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 107 Walnut Ave
107 Walnut Avenue, Ardmore, PA 19003 (MLS# PAMC2161962) is a Apartment property. 107 Walnut Avenue is currently listed for $1,250,000 and was received on November 18, 2025. Want to learn more about 107 Walnut Avenue? Do you have questions about finding other Apartment real estate for sale in Ardmore? You can browse all Ardmore real estate or contact a Coldwell Banker agent to request more information.

