Cheltenham Homes under $500,000

Cheltenham Homes under $500,000

Welcome to Cheltenham, a charming township nestled in Montgomery County, Pennsylvania, just a stone's throw from the vibrant city of Philadelphia. Known for its rich history, diverse community, and beautiful parks, Cheltenham offers a unique blend of suburban tranquility and urban convenience. With its tree-lined streets, historic architecture, and welcoming atmosphere, it’s no wonder that families, young professionals, and retirees alike are drawn to this delightful area.

One of the standout features of Cheltenham is its accessibility to major highways and public transportation, making commuting to Philadelphia and surrounding areas a breeze. Residents enjoy the best of both worlds: a peaceful suburban lifestyle paired with the excitement of city life just minutes away.

For those seeking a home in this idyllic township, there are fantastic opportunities to find properties under $500,000. Cheltenham boasts a range of charming homes, from classic single-family residences to modern townhouses, all offering great value for prospective buyers. The local real estate market is vibrant and diverse, catering to various tastes and budgets.

In addition to its beautiful homes, Cheltenham is home to excellent schools, a variety of shopping and dining options, and an array of recreational activities. Whether you’re exploring the lush grounds of the nearby parks or enjoying a meal at one of the local eateries, Cheltenham promises a fulfilling lifestyle for all its residents.

Discover the charm of Cheltenham today and explore the wonderful homes available under $500,000. Your dream home awaits in this delightful community!

Newest Cheltenham Homes under $500,000

40 Johns Rd, Cheltenham
$400,000
4 Beds ⋅ 3 Baths
Discover the charm of this stunning Colonial home nestled in the desirable Oak Lane Manor community. Built in 1951, this beautifully maintained residence boasts 1,783 sq. ft. of living space, featuring four spacious bedrooms and two and a half bathrooms, perfect for both relaxation and entertaining. Step inside to find a warm and inviting atmosphere, highlighted by rich hardwood floors throughout. The heart of the home is the elegant living room, complete with a classic brick fireplace, ideal for creating lasting memories with loved ones. Upstairs features a large master suite with double closets and newly renovated full master bathroom. The partially finished basement offers additional space for a home gym, play area, or media room, providing endless possibilities to suit your lifestyle. Outside, enjoy your own personal oasis with a concrete pool, perfect for summer gatherings or quiet evenings under the stars. The attached garage and driveway provide ample parking, ensuring convenience for you and your guests. Oak Lane Manor is not just about the home; it's about the lifestyle. This vibrant neighborhood is known for its friendly atmosphere and community spirit. Residents enjoy easy access to local parks, where you can take leisurely strolls or engage in outdoor activities. The area is also served by excellent schools, making it a great place to grow and thrive. With its blend of comfort, community, and convenience, this property is more than just a house; it's a place to call home. Don't miss your chance to experience the best of Oak Lane Manor living!

40 Johns Rd, Cheltenham

Listing courtesy of Realty Mark Associates - KOP. Contact:

111 Pleasant Hill Rd, Cheltenham
$439,999
3 Beds ⋅ 3 Baths
Welcome to a beautifully maintained, move-in-ready home nestled in Cheltenham! This charming 3-bedroom, 2.5-bath residence offers a wonderful combination of comfort, functionality, and inviting living spaces. Step inside to discover a welcoming interior featuring attractive flooring, abundant natural light, and a comfortable layout. The home offers both a spacious living room and a separate family room, providing plenty of room for everyday living, entertaining, or simply relaxing. The kitchen features warm wood cabinetry, tiled flooring, and stainless steel appliances, offering a practical space for preparing meals and gathering. The primary bedroom features a walk-in closet and a private full bathroom, providing added comfort and convenience. Two additional bedrooms offer versatile space for a variety of needs, while a second full bathroom and an additional half bathroom enhance the home's functionality. Outside, enjoy the home's charming curb appeal, well-kept front lawn, mature trees, and inviting covered front porch. A private driveway and attached garage provide convenient off-street parking. Situated in Cheltenham, this home offers convenient access to local shopping, dining, parks, and surrounding Montgomery County and Philadelphia amenities. With its well-maintained interior, generous living spaces, and desirable features, this property is ready for its next owner to move right in and make it their own. Schedule your showing today and discover all that this home has to offer!

111 Pleasant Hill Rd, Cheltenham

Listing courtesy of Liberty Bell Real Estate Brokerage LLC. Contact:

10811 Frank Tippett Rd, Cheltenham
$435,000
3 Beds ⋅ 3 Baths
Most buyers end up choosing between character and breathing room. 10811 Frank Tippett Rd skips the trade-off: a 1900 Victorian with a covered front porch, a tall gabled roofline, and 3.22 acres of mature trees and open lawn. Start on the porch. A stained wood ceiling and white railings make it the kind of spot where morning coffee becomes a routine. Inside, the details do the talking. Exposed wood beams and an exposed brick accent give the living room warmth, and hardwood floors lead into the dining room. There, an embossed tin-style ceiling, a chandelier, and a carved wood mantel make dinner feel like an occasion. The kitchen is built to be used. Warm wood cabinets with glass-front uppers, granite counters, a farmhouse sink, and a granite-top island with seating give you room to cook and room for everyone to hang around while you do. Upstairs, three bedrooms and two full baths mean everyone gets their own space. A main-level half bath handles guests. Outside, three-plus acres gives you room for a garden, a workshop, or simply more distance from the neighbors. A detached two-car garage covers vehicles and projects, and the unfinished 816 sq ft basement offers storage or future plans. There’s no HOA, and MD-5 and Woodyard Road connect you to the Capital Beltway and Brandywine. Character this rich, this much land, and a two-car garage at this price are hard to replicate. Schedule your private tour today.

10811 Frank Tippett Rd, Cheltenham

Listing courtesy of Cummings & Co. Realtors. Contact:

7956 Milltown Cir, Cheltenham
$490,000
3 Beds ⋅ 3 Baths
Enjoy the benefits of nearly new construction at 7956 Milltown Circle! Built in 2023 and located in the Ashbourne Meadows community of Cheltenham Township, this three-bedroom, two-and-a-half-bath end-unit townhome offers three levels of living space, additional natural light, and a rear deck overlooking natural open space. The entire interior was professionally painted in 2025, providing a fresh appearance throughout the home. The main level features an open floor plan connecting the kitchen, dining area, and family room, with luxury vinyl plank flooring and recessed lighting throughout. The kitchen combines quartz countertops, gas cooking, a spacious breakfast bar, and a pantry, providing plenty of room for meal preparation, casual dining, and everyday organization. Just beyond the kitchen, the family room features a fireplace, while the adjoining Trex deck extends the living space outdoors, offering a comfortable setting for relaxing or entertaining. Upstairs, you'll find three bedrooms and two full bathrooms, including a primary suite with its own private bath. The conveniently located upper-level laundry includes a washer and dryer that are approximately one year old. Downstairs, the finished walkout lower level provides additional flexibility for a home office, recreation room, fitness area, or whatever best suits your needs. An attached one-car garage and private driveway provide off-street parking, while the homeowners association handles lawn maintenance, snow removal, and trash service, allowing you to spend less time on exterior upkeep. Beyond the property, you'll find several local destinations worth exploring. Tookany Creek Park and Trail offer walking paths and opportunities for outdoor recreation, while Greenleaf at Cheltenham, formerly Cheltenham Square Mall, offers a variety of shopping, dining, and entertainment options, including department stores, specialty retailers, and everyday conveniences. Elkins Park SEPTA Regional Rail Station provides an alternative to driving into Center City Philadelphia, with additional access to surrounding communities and major commuting routes. The property is also served by the Cheltenham School District. Ashbourne Meadows was developed on the former grounds of Ashbourne Country Club, bringing a piece of local history into this newer residential community. From the thoughtfully designed interior to the outdoor setting and nearby conveniences, this property offers an appealing combination of comfort, functionality, and location. Please take a moment to view the video tour and then schedule your in-person showing appointment today.

7956 Milltown Cir, Cheltenham

Listing courtesy of Century 21 Advantage Gold-Southampton. Contact:

2 Central Ave, Cheltenham
$149,900
4 Beds ⋅ 2 Baths
RARE CHELTENHAM VILLAGE OPPORTUNITY! Bring your vision and imagination to 2 Central Avenue. This property presents a unique opportunity for an investor, builder, or contractor looking for a substantial renovation or redevelopment project in a desirable Cheltenham Township location. The property has been determined by the Township to be unsafe and condemned and requires extensive work. It is being sold strictly AS IS, WHERE IS. Due to the Township’s determination regarding the property, interior access is restricted. There will be no interior showings. Buyers are encouraged to conduct their own independent due diligence regarding zoning, permitted uses, required approvals, renovation or reconstruction requirements, and overall feasibility. Buyers should rely on their own inspections and investigations to determine whether the property meets their intended plans. For the right buyer, this is an opportunity to take on a property with potential and create something new. An excellent opportunity for an experienced investor, builder, or contractor looking for their next project. Don't miss this unique offering!

2 Central Ave, Cheltenham

Listing courtesy of RE/MAX Keystone. Contact:

302 Boyer Rd, Cheltenham
$229,000
3 Beds ⋅ 1 Baths
Charming, spacious, and full of character! Welcome to this classic Colonial twin in the desirable Rowland Park neighborhood, offering approximately 1,560 square feet of living space plus a full basement and walk-up attic. Built in 1929, this home blends timeless architectural charm with a versatile layout ready for your personal touch. Relax and unwind on the inviting front porch before stepping inside to discover generous living spaces and 3–4 bedrooms, providing flexibility for a home office, guest room, or additional bedroom. The walk-up attic offers excellent storage and additional possibilities, while the full basement provides even more space for storage, hobbies, or future finishing. Out back, enjoy a covered porch overlooking the manageable 0.12-acre property—perfect for relaxing, gardening, grilling, or entertaining. A long private driveway provides convenient off-street parking for multiple vehicles. With its classic brick accents, front and rear porches, flexible living space, walk-up attic, full basement, and convenient location near shopping, dining, parks, and everyday amenities, this Rowland Park home offers tremendous potential. Bring your decorating ideas and make this charming home your own!

302 Boyer Rd, Cheltenham

Listing courtesy of Keller Williams Real Estate - Newtown. Contact:

502 Franklin Ave, Cheltenham
$335,000
3 Beds ⋅ 2 Baths
Welcome to 502 Franklin Avenue, a charming three-bedroom, one-and-a-half-bath masonry twin in the heart of Cheltenham Village, where classic neighborhood character, natural beauty, and everyday convenience come together. One of the home’s standout features is its location. Just steps from the trails, streams, and green spaces surrounding Tookany Creek Park, you can enjoy peaceful walks and nature practically outside your door. The home is also located within the highly regarded Cheltenham School District. Cheltenham Station is nearby, providing convenient rail access to Center City Philadelphia, while Temple University Hospital–Jeanes Campus, local restaurants, neighborhood shops, shopping, and major roadways are all just a short distance away. Inside, this well-cared-for home blends original character with thoughtful updates. Beautifully refinished original hardwood floors are complemented by fresh paint and recessed lighting, creating bright and welcoming living spaces. Three comfortable bedrooms provide plenty of flexibility, while the finished lower level adds valuable additional living space. The finished walkout lower level includes a bonus room that can easily serve as a home office, playroom, hobby space, or additional living area. From here, step directly outside to one of the home’s most special features—a beautiful, private-feeling backyard surrounded by mature greenery and colorful landscaping. The outdoor setting offers a peaceful retreat for relaxing, gardening, entertaining, or simply enjoying the changing seasons. The combination of the walkout lower level and picturesque backyard creates a wonderful indoor-outdoor connection that is difficult to find. With parks and trails just steps away, convenient public transportation, nearby dining and shopping, the highly regarded Cheltenham School District, and easy access to the many amenities of Cheltenham Township, 502 Franklin Avenue offers the character and warmth of an established neighborhood with the convenience of modern everyday living. Come experience this special Cheltenham Village home for yourself.

502 Franklin Ave, Cheltenham

Listing courtesy of Keller Williams Real Estate-Langhorne. Contact:

7622 Brookfield Rd, Cheltenham
$370,000
3 Beds ⋅ 2 Baths
Stone and brick Colonial in a highly desirable neighborhood is ready for its next chapter. With attractive curb appeal, a pretty lawn with a mature Japanese Maple tree and a cement patio out back as well as a driveway for off street parking, this home welcomes you to a bright traditional layout filled with charm and warmth. The main level features a spacious living room with hardwood floors a wood burning fireplace and abundant natural light, creating a comfortable gathering space for entertaining and daily living. A warm wood paneled den with built in book shelves. Separate dining room with bay window and built in shelving that opens to a bright eat in kitchen with a door to the back yard. Off the hall is a conveniently located half bath. Upstairs your will find three generous bedrooms and a full tiled hall bath. All bedrooms have deep closets. Full basement with windows and high ceilings and washer and dryer as well as mechanicals. Newer heater and air conditioner as well as water heater provide confidence moving forward. The basement has a french drain as well as a sump pump. Easily finished into a rec room and or use for generous storage. Hard wood floors throughout. Take this home to its next level. This home sits next door to and across the street from Cheltenham Townships Parkview Park with 13.14 acres of public open space and natural area that was purchased by the Township in late 1950 to preserve open space. Buyer was unable to qualify for the mortgage and 7622 is back on the market as of 10/19/26.

7622 Brookfield Rd, Cheltenham

Listing courtesy of Compass Pennsylvania, LLC. Contact:

27 Dewey Rd, Cheltenham
$420,000
4 Beds ⋅ 2 Baths
Nestled in the serene enclave of Oak Lane Manor, this attractive Colonial-style residence exudes timeless elegance and modern comfort. Built in 1952 and meticulously maintained, this home offers a harmonious blend of classic charm and contemporary amenities, making it the perfect for those seeking an elevated lifestyle. Step inside to discover a warm and inviting interior, hardwood and laminated flooring create a seamless flow throughout the living spaces. Natural light pours in through the bay and bow windows, accentuating the home's inviting atmosphere. The thoughtfully designed dining area is perfect for intimate gatherings, while the kitchen boasts beautiful wood cabinetry and upgraded countertops. There is also ample table and chair space, which creates a cozy eat in area. A well-appointed pantry ensures that all your essentials are within easy reach, enhancing the functionality of this delightful kitchen. The upgraded stainless steel appliances-including a built-in range, self-cleaning oven, and dishwasher-combine style with practicality, making meal preparation a joy. The convenience of a dedicated laundry area in the improved basement adds to the home's appeal, ensuring that daily tasks are effortlessly managed. This area is also equipped with a full bath and stall shower. Outside, the property features a beautifully landscaped rear yard, perfect for relaxation or entertaining. The patio invites you to enjoy al fresco dining or simply unwind in the tranquility of your surroundings. Sidewalks throughout the neighborhood, encourages leisure walks and fosters strong a sense of community. The attached garage and asphalt driveway provide ample parking, ensuring that you and your guests are always accommodated. With a lot size of 0.17 acres, there is plenty of room for gardening or outdoor activities, allowing you to embrace the joys of suburban living. Located in a peaceful suburban setting, this home offers the perfect balance of privacy and accessibility. Enjoy the convenience of nearby amenities while retreating to your own personal oasis. This property is not just a house; it's a place where memories are made, and a lifestyle of comfort and elegance awaits. Experience the charm of Oak Lane Manor and make this exceptional residence your own.

27 Dewey Rd, Cheltenham

Listing courtesy of RE/MAX Services. Contact:

548 Jefferson Ave, Cheltenham
$265,000
3 Beds ⋅ 1 Baths
Price significantly reduced. Large 2 story detached 3BR, 1Ba dwelling on a large, subdividable lot situated on a quiet street in desirable Cheltenham Village neighborhood. Property requires some work with potential to be the gem of the neighborhood. Perfect for Investors, contractors, tradesmen. Recent foundation work was deemed unacceptable by the township. This house is a great candidate for a FHA 203K loan or similar loan that includes cost of improvements in the amount financed. Contact Listing agent for details.

548 Jefferson Ave, Cheltenham

Listing courtesy of Homestarr Realty. Contact:

10000 Angora Ter, Cheltenham
$460,000
4 Beds ⋅ 2 Baths
HUGE 15K PRICE IMPROVEMENT! Welcome to 10000 Angora Terrace, a spacious split-foyer situated on a HUGE corner lot in Cheltenham! Offering 4 bedrooms, 2 full bathrooms and approximately 1,700 square feet of finished living space, this home gives you the room and flexibility to make it your own. The main level offers comfortable living space filled with natural light, while the fully finished lower level adds an entirely separate dimension to the home with two additional bedrooms, a full bathroom and a walkout to the exterior—perfect for guests, extended family, a home office, recreation space or simply extra room to spread out. Ceramic tile flooring throughout makes everyday maintenance easy, and the generous .24-acre corner lot provides plenty of outdoor space for entertaining, gardening, pets or simply enjoying your own yard. Parking won't be an issue either, with a large private driveway capable of accommodating up to four vehicles plus additional street parking. What truly sets this property apart is the combination of space, lot size and location. Cheltenham puts you within convenient reach of Joint Base Andrews, National Harbor, Washington, D.C. and major commuter routes, making it a great option for anyone who wants more breathing room without feeling disconnected from the rest of the DMV. Whether you're looking for your first home, need additional space for a growing household, or simply want a home with a versatile lower level and a yard you can actually enjoy, 10000 Angora Terrace offers a lot to love and even more potential to make it your own.

10000 Angora Ter, Cheltenham

Listing courtesy of Caprika Realty. Contact:

116 Andrea Rd, Cheltenham
$399,000
3 Beds ⋅ 2 Baths
Welcome to 116 Andrea Road, a charming 3-bedroom, 1.5-bath home offering 1,699 square feet of living space on a spacious 0.39-acre corner property in Cheltenham. A welcoming covered front porch invites you inside, where beautiful hardwood floors flow throughout the bright and inviting living and dining rooms. The spacious living room features a wood-burning fireplace, creating a warm and comfortable gathering space. The adjoining dining room is highlighted by a large bay window that fills the room with natural light and is conveniently located just off the kitchen. The eat-in kitchen offers ample cabinet and workspace, along with a cheerful breakfast nook and convenient access to the backyard. A powder room completes the main level. Upstairs, the generously sized primary bedroom is joined by two additional bedrooms, all offering good closet space, as well as a full hall bathroom with bathtub. The unfinished basement provides laundry hookups and an abundance of storage space with plenty of potential for additional uses. A 1-car garage, expansive corner property, mature landscaping, and plenty of outdoor space complete this wonderful home. With its classic brick exterior, hardwood floors, fireplace, spacious rooms, and convenient layout, 116 Andrea Road is ready to welcome its next owner!

116 Andrea Rd, Cheltenham

Listing courtesy of KW Main Line - Narberth. Contact:

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