$465,000

501 W Moreland Rd Willow Grove, PA 19090

Estimated payment $2,946/month

Total Views 7,054
-- Bed
-- Bath
1,823 Sq Ft
$255 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Luxury Vinyl Plank Tile Flooring
  • Radiator
  • Upper Moreland Intermediate School Rated A-
  • Asbestos
  • 4-minute walk to Memorial Park

About This Home

Welcome to 501 West Moreland Road, a solid duplex that offers both flexibility and immediate income potential. Whether you’re an investor expanding your portfolio or a buyer looking to live in one unit while your tenant helps pay the mortgage, this property checks all the right boxes. Unit 1, located on the first floor, is a spacious one-bedroom, one-bath apartment featuring in-unit laundry, an eat-in kitchen with gas cooking, and a bright, open living area filled with natural light and is currently rented at $1495 per month on an annual lease. Unit 2 , on the second floor, offers two bedrooms and one bath, along with its own in-unit laundry and access to a large third-floor storage attic, perfect for seasonal items or additional tenant flexibility. This unit has been left intentionally vacant to allow flexibility for the new owner. Each unit has separate hot water heating systems and individual electric and gas meters, while water is ratio-billed to tenants, keeping ownership straightforward and expenses easy to manage. The property sits on a corner lot with a large driveway for multiple vehicles and a fenced yard providing outdoor space for both tenants to enjoy. The unfinished basement offers significant storage and convenient access to mechanicals. Ideally located just minutes from Willow Grove Park Mall, Route 611, PA Turnpike access, and SEPTA Regional Rail, this duplex is in a highly desirable rental area with strong tenant demand. Don’t miss your chance to own a well-positioned, income-producing property in a prime Montgomery County location!

Listing Agent

John Knisely

(484) 441-3075 john@mediahomepro.com Keller Williams Real Estate - Media License #RS-0025871 Listed on: 10/31/2025

Keller Williams Real Estate - Media

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,005

Year Built

  • Built in 1925

Lot Details

  • 6,128 Sq Ft Lot
  • Lot Dimensions are 48.00 x 0.00

Home Design

  • Duplex
  • Colonial Architecture
  • Stone Foundation
  • Pitched Roof
  • Shingle Roof
  • Asbestos

Interior Spaces

  • 1,823 Sq Ft Home
  • Luxury Vinyl Plank Tile Flooring

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Radiator
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 012
  • Assessor Parcel Number 59-00-12988-003

Community Details

Overview

  • 2 Units

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals
  • Gross Income $38,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,005

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenant's personal property
  • New Construction: No
  • Expected On Market: 11/1/2025 12:00:00 AM
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Flooring Type: Luxury Vinyl Plank
  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full, Interior Access
  • Total Sq Ft: 1823
  • Living Area Sq Ft: 1823
  • Price Per Sq Ft: 255.07
  • Above Grade Finished Sq Ft: 1823
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Asbestos
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.14
  • Lot Dimensions: 48.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6128.00
  • Zoning: RESIDENTIAL DUPLEX

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Lawn/Shrub Care, Snow Removal, Trash Collection, Sewer
  • Rent Control: No
  • Total Actual Rent: 38760.00
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • School Tax: 4548.00
  • Tax Annual Amount: 6005.00
  • Assessor Parcel Number: 59-00-12988-003
  • Tax Lot: 012
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Number Of Units Vacant: 1
  • Gross Scheduled Income: 38760.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: UPPER MORELAND

Map

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,724 $120,410 $47,910 $72,500
2024 $5,724 $120,410 $47,910 $72,500
2023 $5,486 $120,410 $47,910 $72,500
2022 $5,159 $120,410 $47,910 $72,500
2021 $5,090 $120,410 $47,910 $72,500
2020 $4,922 $120,410 $47,910 $72,500
2019 $4,814 $120,410 $47,910 $72,500
2018 $4,813 $120,410 $47,910 $72,500
2017 $4,598 $120,410 $47,910 $72,500
2016 $4,551 $120,410 $47,910 $72,500
2015 $4,447 $120,410 $47,910 $72,500
2014 $4,320 $120,410 $47,910 $72,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2025 12/01/25 Price Changed $465,000 -2.1% $255 / Sq Ft
10/31/2025 10/31/25 For Sale $475,000 +58.3% $261 / Sq Ft
05/07/2021 05/07/21 Sold $300,000 0.0% $165 / Sq Ft View Prior Sale
04/23/2021 04/23/21 Pending -- -- --
03/26/2021 03/26/21 Price Changed $300,000 -9.1% $165 / Sq Ft
03/22/2021 03/22/21 Price Changed $330,000 -2.9% $181 / Sq Ft
03/16/2021 03/16/21 Price Changed $340,000 -2.9% $187 / Sq Ft
02/27/2021 02/27/21 For Sale $350,000 -- $192 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $300,000 None Available
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- --
Source: Public Records

Source: Bright MLS

MLS Number: PAMC2160096

Bright MLS

APN: 59-00-12988-003