Cheltenham Homes under $400,000

Cheltenham Homes under $400,000

Welcome to Cheltenham, a charming suburb nestled in the heart of Pennsylvania, just a stone's throw away from the vibrant city of Philadelphia. Known for its rich history, beautiful parks, and friendly community, Cheltenham offers a perfect blend of suburban tranquility and urban convenience. With its tree-lined streets and diverse neighborhoods, this area is ideal for families, young professionals, and anyone looking to embrace a welcoming community atmosphere.

One of the most appealing aspects of Cheltenham is the availability of homes under $400,000. This affordability makes it an attractive option for first-time homebuyers and those looking to downsize without compromising on quality of life. Here, you can find a variety of charming properties, from classic single-family homes to modern townhouses, all featuring unique architectural styles and spacious yards.

Living in Cheltenham means you can enjoy easy access to top-rated schools, local shops, and a plethora of recreational activities. The area boasts numerous parks, including the expansive Cheltenham Township Parks and Recreation, where residents can partake in outdoor activities and community events year-round. Additionally, the proximity to public transportation ensures that commuting to Philadelphia for work or leisure is a breeze.

Whether you’re seeking a cozy starter home or a comfortable place to raise a family, Cheltenham offers a wonderful array of options under $400,000. Discover the charm of this delightful suburb and find your dream home today!

Newest Cheltenham Homes under $400,000

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:

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:

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:

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:

803 Ashbourne Rd, Cheltenham
$296,566
3 Beds ⋅ 2 Baths
Opportunity awaits in the desirable Rowland Park section of Cheltenham! This twin home offers 3 bedrooms, 1 full bath, a rear driveway, and a detached one-car garage. The basement includes a dedicated laundry area (washer and dryer are not included). This property is in need of updating, making it an ideal project for investors, contractors, or buyers looking to renovate and add value. The home is being sold strictly AS-IS. Buyer will be responsible for completing all required resale requirements, inspections, certifications, and any repairs after settlement. No interior photos are available.

803 Ashbourne Rd, Cheltenham

Listing courtesy of RE/MAX Properties. Contact:

10807 Frank Tippett Rd, Cheltenham
$369,000
3 Beds ⋅ 1 Baths
Welcome to 10807 Frank Tippett Rd in Cheltenham—a beautifully refreshed home that offers the perfect blend of charm, space, and functionality. Set on a generously sized lot, this property features an expansive yard ready for anything you can imagine—entertaining, gardening, recreation, or future expansion. Whether you're hosting gatherings or simply enjoying the outdoors, the space is a rare find. Inside, the home has been thoughtfully updated from top to bottom with fresh, modern finishes throughout. Every detail has been carefully considered, creating a move-in-ready space that feels both stylish and comfortable. The home offers 3 well-proportioned bedrooms and 1 full bath, along with a full laundry area and a practical mudroom for everyday convenience. Car enthusiasts, hobbyists, or anyone in need of extra storage will appreciate the unique combination of both a large attached garage and a detached garage—providing incredible flexibility and utility. Beautiful inside and out, this home delivers a turnkey opportunity with room to grow, both inside and on the land.

10807 Frank Tippett Rd, Cheltenham

Listing courtesy of EXP Realty, LLC. Contact:

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