OFF MARKET

Off market dec 2024 for $242K

—

Est. refi paymentEst. refi $1,940/mo

•

— ba

•

2,500

sq ft

1331 Ashbourne Rd, Elkins Park, PA 19027

About this home

Elkins Park large multi family building consisting of three rental units. The building contains 3 separate rental units, however only 2 are legally zoned for rental purposes. The building needs updating and is being sold in "as is" condition. Electric for each apartment is separate. Owner pays domestic hot water and heating fuel (oil). Owner also pays cold water. Off street parking is available for one of the units. Large double lot with plenty of yard space and privacy. Building could be converted back to single family as well. Yearly expenses as follows: $17,712 Water and sewer $2800, Oil/heat $3078, PECO common areas $1764, Building Insurance $1344, Real estate taxes $8726. Yearly rental Income: $31,860 Yearly expenses : $17,712 net operating income-$14,148.00 Apt B - lower level apartment $735 (not legally zoned) Floor 1 - 1st floor rear $895 Floor 2 - 2nd floor $1,025 call for appointments-24 hour notice.

Multi-familyProperty Type

1900Year Built

10,600 sq ftLot Size

$97Price/Sq.Ft.

4 spacesParking

Listed by John O'Connell • Elfant Wissahickon-Chestnut Hill

•215-247-3600 (broker)

Bought with John O'Connell • Elfant Wissahickon-Chestnut Hill

•215-247-3600 (broker)

Redfin checked: a minute ago

•Source:BRIGHT MLS #PAMC2079664

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 19027, PA

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

98.2%

0.6% MoM

Median sale price

$397K

$73K MoM

Avg. days on market

40d

2 days MoM

Recently sold homes

13 MoM

New listings for sale

NEW 5 HRS AGO
$425,000
6 beds— baths3,657 sq ft
7868 Spring Ave, Elkins Park, PA 19027
(267) 252-0223
NEW 1 DAY AGO
$279,900
2 beds2 baths1,064 sq ft
401 Glen Ln, Elkins Park, PA 19027
(215) 379-2002
$279,900
2 beds2.5 baths1,224 sq ft
250 Glen Pl #250, Elkins Park, PA 19027
(610) 520-0100
$399,999
3 beds2.5 baths2,001 sq ft
7415 Coventry Ave, Melrose Park, PA 19027
(215) 887-0400
$259,000
3 beds2 baths1,332 sq ft
455 Crest Ave, Elkins Park, PA 19027
(888) 397-7352
$229,000
1 bed1 bath1,116 sq ft
604 Valley Glen Rd Unit CONDO 294, Elkins Park, PA 19027
(215) 722-7170
$630,000
5 beds4.5 baths3,269 sq ft
900 Melrose Ave, Elkins Park, PA 19027
(877) 366-2213
See all

Provided by Redfin

Sale history for 1331 Ashbourne Rd

Tax history for 1331 Ashbourne Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

50 ft.

Lot depth

—

Lot size

10,600 Sq. Ft.

Year renovated

—

Sq. Ft.

1,961

Year built

1900

Style

Multi-Family (2-4 Unit)

County

Montgomery County

APN

310000742001

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 26, 2026.

Residential District

In expansion of the declaration of legislative intent found in Article I of this chapter and the statement of community development objectives found in Article I, the intent of this article, among others, is as follows: Promote the maintenance, stability, continued viability and enhanced value of the Township's residential neighborhoods.; Ensure new residential infill development and redevelopment is in character with existing neighborhoods.; Accommodate a variety of housing types.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Recreation
Park & open space

Property details

Parking

Parking Information
# of Total Garage and Parking Spaces: 4
Driveway - # of Spaces: 2
Off Street - # of Spaces: 2
Driveway, Off Street

Interior

Interior Information
Flooring Type: Hardwood
Living Area Sq.Ft. Source: Estimated

Multi Unit Information
# of Single Room Units: 1
# of One Bedroom Units: 2
# of Two Bedroom Units: 1
# of Units Leased: 3
Gross Income: $37,740
Gross Scheduled Income: $37,740
Net Operating Income: $18,469
Income Includes: Apartment Rentals
Operating Expense: $19,271
Operating Expense Includes: Insurance, Trash, Snow Removal

Exterior

Property Information
Total Below Grade Sq. Ft.: 0
Ownership Interest: Fee Simple
Year Built Source: Assessor

Building Information
# of Units (Total): 3
Construction Materials: Stone
Foundation Details: Stone
Other Structures: Above Grade, Below Grade
Structure Type: Semi-Detached

Lot Information
Lot Size Dimensions: 50.00 x 0.00
Lot Dimensions Source: Assessor
Tidal Water: No

Above Grade Information
Finished Sq.Ft.: 2,500
Finished Sq.Ft. Source: Estimated

Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor

Financial

Tax Information
City/Town Tax: $1,277
County Tax: $632
School Tax: $7,025
Tax Assessed Value: $132,140
Tax Year: 2024
Tax Annual Amount: $8,935

Assessments Information
Year Assessed: 2024

Lease Information
Existing Lease Type: Month to Month

Rental Information
Total Actual Rent: $37,740

Utilities

Utilities Information
Hot Water
Heating Fuel: Oil
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Water Source: Public

Location

School Information
School District Name: CHELTENHAM
School District Source: Listing Agent

Location Information
Directions: 1331 Ashbourne Read
Municipality: CHELTENHAM TWP

Public facts

Beds: 2
Baths: 2.0
Sq. Ft.: 1,961
Stories: 2.0
Lot Size: 10,600 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1900
Year Renovated: —
County: Montgomery County
APN: 310000742001

Home facts updated by county records on Oct 26, 2026

Around this home

Schools

Myers Elementary School

Public K-4 • Assigned • 0.2mi

8/10

Cedarbrook Middle School

Public 7-8 • Assigned • 1.9mi

7/10

Cheltenham High School

Public 9-12 • Assigned • 2.2mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 102° expected this year, 15 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

4/10 Air Factor

4 unhealthy days expected this year, 7 days in 30 years

Provided by First Street

Historical weather

Elkins Park, PA • 19027

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.8 hours in June and 4.3 hours in December, placing it below the U.S. average for solar exposure.

8.8 hrs

4.3 hrs

JuneDecember

Provided by Shadowmap

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New listings for sale in 19027

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Home values near 1331 Ashbourne Rd

Data from public records.

Address	Redfin Estimate
1322 Ashbourne Rd, Elkins Park, PA 4 Beds \| 1 Baths \| 1766 Sq. Ft.	$379,185
1328 Ashbourne Rd, Elkins Park, PA 3 Beds \| 1.5 Baths \| 1336 Sq. Ft.	$332,141

Address	Redfin Estimate
1324 Ashbourne Rd, Elkins Park, PA 7 Beds \| 3 Baths \| 3730 Sq. Ft.	$497,563
1330 Ashbourne Rd, Elkins Park, PA 3 Beds \| 1.5 Baths \| 1204 Sq. Ft.	$336,045

Address	Redfin Estimate
1326 Ashbourne Rd, Elkins Park, PA 3 Beds \| 1.5 Baths \| 1591 Sq. Ft.	$301,728
1332 Ashbourne Rd, Elkins Park, PA 4 Beds \| 1.5 Baths \| 1582 Sq. Ft.	$323,498

Property information provided by BRIGHT MLS when last listed in 2023. This data may not match . Learn more.

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