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$1,199,000 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
  • 3 Car Garage
  • Updated 2 days ago
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Own a Piece of History While Earning a Steady Return! A rare opportunity awaits in the heart of Elkins Park, where history meets modern-day convenience. This stunning six-unit multi-family property, dating back to 1850, is a testament to timeless craftsmanship and mindful investing. Generating $110,000 per year in rental income, this well-maintained property offers high tenant retention, spacious units, and a prime location just two blocks from the Elkins Park train station-an ideal setup for long-term financial success. Elkins Park is one of the most desirable suburbs of Philadelphia, known for its tree-lined streets, vibrant community, and historic architecture. Tenants love the walkability of the neighborhood, with charming cafés, local shops, and top-rated restaurants all within a short distance. Meyers Elementary School, Wall Park, and Curtis Arboretum offer green space and recreation, while the train station provides a quick 20-minute ride to Center City Philadelphia, making it ideal for commuters. Property Features: 1) Six Oversized Units - Spacious layouts, some units nearly 2,000 sq. ft. 2) Consistent Rental Income - Generates $110K annually, with long-term tenants who renew leases 3) Historic Charm & Modern Updates - Hardwood flooring, large windows, and well-maintained interiors 4) Outdoor Amenities - Tenant gardens, a firepit area, and extra storage lockers 5) Convenience - Off-street parking and on-site laundry facilities 6) Commuter's Dream - Less than 2 blocks from Elkins Park train station with easy access to Philadelphia 7) Strong Community Appeal - Walkable neighborhood with grocery stores, restaurants, and parks nearby A Sound Investment in a Thriving Location Elkins Park continues to grow in demand due to its historic charm, accessibility, and quality of life. This property has rewarded past owners with consistent returns, and with strong rental demand and high lease renewal rates, it is positioned as an excellent long-term investment. Don't miss out on this exceptional income-producing property in one of Montgomery County's most sought-after neighborhoods! Contact us today for more details or to schedule a private showing.

Full Property Details for 317 Harrison

General

  • Price: $1,199,000
  • Taxes: $18,898 (2025)
  • Status: Pending
  • Type: Multi-Family
  • Source: BrightMLSPhilly
  • MLS ID: PAMC2132792
  • Updated: 6/18/2025
  • Added to Site: 83 day(s) ago

Interior

  • Flooring: Wood

Parking

  • Garage: Yes
  • Garage Spaces: 3
  • Total Spaces: 13
  • Parking Type: Detached Garage, Driveway, Off Street, Parking Lot
  • Garage Description: Other

Location

  • Area: Cheltenham Twp (10631)
  • Municipality: CHELTENHAM TWP
  • County: Montgomery
  • Development Name: Elliger Park
  • Subdivision: Elliger Park
  • Cross Streets: Montgomery
  • Driving Directions: Harrison is 2 blocks from EP train station

School Information

  • School District: Cheltenham
  • Elementary School: Myers
  • Middle School: Elkins Park School

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Info: Colonial, Converted Dwelling
  • Architectural Style: Colonial, Converted Dwelling
  • Structure Type: Detached
  • Construction: Stone
  • Basement: Yes
  • Basement Desc.: Full
  • Foundation: Stone
  • Stories/Levels: 3
  • Square Feet: 8,100
  • Sq. Ft. Source: Estimated
  • Living Area: 8,100 Sq. Ft.
  • Finished Above Grnd: 8,100 Sq. Ft.
  • Year Built: 1850
  • Year Built Source: Assessor

Unit Information

  • Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 8, Unit 3, Unit 6, Unit 7
  • 1 Bedroom Units: 3
  • 2 Bedroom Units: 3

Unit 1

  • Unit Description: Unit 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Unit Description: Unit 2
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Unit Description: Unit 3
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Unit Description: Unit 4
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 5

  • Unit Description: Unit 5
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 6

  • Unit Description: Unit 6
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 7

  • Unit Description: Unit 7

Unit 8

  • Unit Description: Unit 8

Lot Features

  • Lot Size (Acres): 0.98
  • Lot Size (Sq. Ft.): 42,637
  • Lot Size Source: Assessor
  • Lot Dimensions: 56.00 x 0.00
  • Zoning: MIXED-USE APARTMENT

Financial Considerations

  • Price Per Sq. Ft.: $148.02
  • Tax w/Assessment: $274,820
  • Tax Amount: $18,898
  • Tax Year: 2025
  • Owner Pays: Gas, Water
  • Landlord Pays: Gas, Water

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: Tenant's personal property
  • Inclusions: Coin-op Washer/Dryer, all appliances provided to tenants in the units - All in as-is condition with no monetary value
  • Lot Number: 1

Listed by Keller Williams Real Estate Tri-County, Frank Blumenthal

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Listing agent

— 317 Harrison —

  • Frank Blumenthal

    Keller Williams Real Estate Tri-County

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 317 Harrison

School District:Cheltenham Township School District
RatingNameGradesDistance
7
Myers Elementary School
7609 Montgomery Ave, Elkins Park, PA 19027
PK-50.3 mi
6
Elkins Park School
8149 New Second St, Elkins Park, PA 19027
5-60.5 mi
6
Cedarbrook Middle School
300 Longfellow Ave, Philadelphia, PA 19150
7-81.9 mi
4
Cheltenham High School
500 Rices Mill Rd, Wyncote, PA 19095
9-122.3 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 317 Harrison Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/19/2025
Price Reduced
$1,199,000
-4.08%
MLS
3/29/2025
Listed
$1,250,000
85.19%
MLS
10/29/2018
Sold
$675,000
—
Public Record
Get Price Alerts and Save Property
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 for 317 Harrison

Year
Property Taxes
Change
Tax Assessment
Change
2024
$18,818
3%
$274,820
—
2023
$18,355
1%
$274,820
—
2022
$18,148
2%
$274,820
—
2021
$17,836
3%
$274,820
—
2020
$17,348
3%
$274,820
—
2020
$16,848
2%
$274,820
—
2019
$16,512
2%
$274,820
—
2018
$16,120
2%
$274,820
—
2017
$15,764
2%
$274,820
—
2016
$15,410
2%
$274,820
—
2015
$15,039
5%
$274,820
—
2014
$14,261
—
$274,820
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Keller Williams Real Estate Tri-County, Frank Blumenthal

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317 Harrison, Elkins Park, PA 19027 (MLS# PAMC2132792) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 317 Harrison is currently listed for $1,199,000 and was received on March 29, 2025. Want to learn more about 317 Harrison? Do you have questions about finding other Multi-Family real estate for sale in Elkins Park? You can browse all Elkins Park real estate or contact a Coldwell Banker agent to request more information.

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