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MLS: #PAPH2631084, Listed By: Benjamin Wong, BHHS Fox & Roach-Blue Bell, Source:Bright MLS

421 W Olney Avenue

PHILADELPHIA, PA 19120
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Bed 2

Bed

Bath 0

Bath

SqFt1,460

Sqft

Acres0.07

Acre(Lot)

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 detache d 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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Detail Ic Property Details

Property Type : Residential Income

Price : $230,000

AD Id : 80526612

MLS Id : PAPH2631084

Beds : 2

Lot Size : 0.07 Acre

Living Area Size : 1,460

Year Built : 1925

Garage : 4

County : PHILADELPHIA

Subdivision: Olney

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Feature Features

  • Bedroom Information

    Total beds: 2
  • Interior Features

    Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air, Electric

  • Building Information

    Year Built: 1925 Building Area Total: 1460 Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 25.00 x 116.00 Lot Size Acres: 0.07 Lot Size Source: Assessor Lot Size Square Feet: 2900

    Property Information

    Subdivision: OLNEY Source Property Type: Residential Income Postal Code Plus 4: 2362 Property SubType: Multi Family Property Age: 101

  • Listing Price Information

    Listing Price: $230000

  • Tax Information

    Parcel Number: 612013200 Tax Lot: 179 Tax Year: 2025 Annual Tax: $2921

  • Parking Information

    Parking Total: 4 Oversized, Private, Garage, Detached

    Garage Information

    Has Garage: Yes Garage Space: 4

  • Location Information

    Direction: From Cheltenham Ave, turn onto 5th Street. Drive down 1.3 miles and make a left onto W Olney Ave. The property is at the corner of W Olney Ave and N Lawrence Street WaterSource: Public
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Nearby Home Value

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599 Adams Avenue, Philadelphia, PA, 19120 $260,000 4 -- 2,176 2,176 SqFt
4723 Whitaker Avenue, Philadelphia, PA, 19120 $335,000 5 -- 1,200 1,200 SqFt
4753 Rorer Street, Philadelphia, PA, 19120 $149,900 2 -- 1,248 1,248 SqFt
5050 Rorer Street, Philadelphia, PA, 19120 $299,999 4 -- 2,148 2,148 SqFt
4808 B Street, Philadelphia, PA, 19120 $174,999 4 -- 1,896 1,896 SqFt
205 E Wyoming Avenue, Philadelphia, PA, 19120 $259,000 4 -- 1,610 1,610 SqFt
110 E Tabor Road, Philadelphia, PA, 19120 $349,900 4 -- 2,025 2,025 SqFt

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 06/20/2026 @ 22:49

MLS: PAPH2631084 LISTED BY: Benjamin Wong, BHHS Fox & Roach-Blue Bell 215-542-2200 SOURCE: Bright MLS

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