421 W Olney Ave, Philadelphia, PA 19120
Local realty services provided by:Better Homes and Gardens Real Estate Cassidon Realty
421 W Olney Ave,Philadelphia, PA 19120
$230,000
- 2 Beds
- - Baths
- 1,460 sq. ft.
- Multi-family
- Pending
Listed by: benjamin wong
Office: bhhs fox & roach-blue bell
MLS#:PAPH2631084
Source:BRIGHTMLS
Price summary
- Price:$230,000
- Price per sq. ft.:$157.53
About this home
Have you been expanding your business and you are looking for a permanent spot for your business? This affordable Mixed-use investment opportunity located along a major commercial corridor in the Olney/Oak Lane section of North Philadelphia. This 3-unit property consists of a vacant first-floor commercial space, a fully occupied second-floor residential apartment, and a separately located 4-car garage, offering multiple income streams.
The first-floor commercial unit features direct access to the basement and a separate side entrance, providing flexibility for a variety of business uses. The second-floor residential unit has its own private side entrance and is currently occupied by a tenant, which theres an option to have the tenant out by 60 days after going under contract. The detached 4-car garage, located directly behind the building, provides additional rental income potential.
Situated at 421 W Olney Ave, the property is surrounded by residential housing and is just one block from 5th Street. The location offers easy access to Roosevelt Boulevard, Broad Street, and Cheltenham Avenue, making it convenient for tenants and customers alike.
This property presents an excellent opportunity for an owner-occupant or investor to add value by leasing the commercial space while collecting existing rental income from the residential unit and garage. Property is being sold as-is....
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Home facts
- Year built:1925
- Subdivision & Development:OLNEY
- Listing ID #:PAPH2631084
- Added:61 day(s) ago
- Updated:August 07, 2026 at 07:53 AM
Rooms and interior
- Bedrooms:2
- Living area:1,460 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1925
- Building area:1,460 sq. ft.
- Lot area:0.07 Acres
- Architectural Style:Traditional
- Construction Materials:Masonry
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$230,000
- Price per sq. ft.:$157.53
- Tax amount:$2,921 (2025)
Parking
- Parking description:Detached Garage, Garage - Rear Entry, Oversized, Private
- Garage:Yes
- Garage spaces:4
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