Date
Details
Price
Change
Source
4/06/2026
Listed
$6,999,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
97% leased, newly constructed mixed-use investment in the heart of Jenkintown, offering a stabilized income stream with minimal near-term capital requirements. The property features a well-balanced mix of residential and commercial tenants, providing durable cash flow and income diversification from day one. Situated in a highly walkable, high-visibility corridor, the asset benefits from strong local demand drivers and ongoing neighborhood revitalization. Its new construction ensures modern building systems, reduced maintenance exposure, and long-term operational efficiency. The investment is anchored by attractive in-place income with additional upside through mark-to-market rent growth and continued strengthening of the surrounding submarket. Combined with low operating costs and a high-quality tenant base, the property offers a compelling risk-adjusted return profile. A rare opportunity to acquire a turnkey, income-producing asset in a supply-constrained suburban Philadelphia market, well-suited for investors seeking stable yield with long-term appreciation potential.
Full Property Details
Full Property Details for 501 Washington Ln
General
- Price: $6,999,000
- Taxes: $24,191 (2024)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PAMC2172536
- Updated: Today (4/6/2026)
- Added to Site: Today
Business
- Business Type: Apartment Building, Other/General Retail
Additional Information
- Security/Safety: Fire Detection System, Carbon Monoxide Detector(s), Exterior Cameras, Main Entrance Lock, Sprinkler System - Indoor, Smoke Detector
Parking
- Total Spaces: 32
- Parking Type: Parking Lot
Location
- Area: Jenkintown Boro (10610)
- Municipality: JENKINTOWN BORO
- County: MONTGOMERY
- Driving Directions: Use GPS
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Ductless/Mini-Split
- Cooling Fuel: Electric
- Heating Type: None
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Other
- Entry Floor Number: 1
- Elevator(s ): 1
- Stories/Levels: 4
- Building Size: 21340
- Year Built: 2025
- Year Built Source: Estimated
- Property Condition: Excellent
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Dimensions: 191.00 x 0.00
- Zoning: B, R2
Financial Considerations
- Price Per Sq. Ft.: $327.98
- Assessment Year: 2025
- Tax w/Assessment: $784,380
- Tax Amount: $24,191
- Tax Year: 2024
Disclosures and Reports
- Ownership: Other
- Lot Number: 39
Listed by Riverside Realty Partners Llc, Marie E Higgins
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Listing agent
— 501 Washington Ln —
Marie E Higgins
Riverside Realty Partners Llc
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 501 Washington Ln
School District:Jenkintown School District
| Name | Grades | Distance |
|---|---|---|
Jenkintown El School Highland Avenue, Jenkintown, PA 19046 | K-6 | 0.4 mi |
Jenkintown Middle/High School West and Highlands Avenues, Jenkintown, PA 19046 | 7-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 501 Washington Ln
Estimate the Cost
Estimate the Cost for 501 Washington Ln
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- Townhouse
- Active
- Updated 4 days ago
- 2Beds
- 3Total Baths
- 1,256Sq. Ft.
- Single Family
- Active
- Updated 14 hours ago
- 4Beds
- 3Total Baths
- 2,705Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,418Sq. Ft.
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- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 2Total Baths
- 1,913Sq. Ft.
- Condo
- Active
- Updated 3 days ago
- 3Beds
- 3Total Baths
- 1,468Sq. Ft.
501 Washington Lane, Jenkintown, PA 19046 (MLS# PAMC2172536) is a Apartment property. 501 Washington Lane is currently listed for $6,999,000 and was received on April 06, 2026. Want to learn more about 501 Washington Lane? Do you have questions about finding other Apartment real estate for sale in Jenkintown? You can browse all Jenkintown real estate or contact a Coldwell Banker agent to request more information.