123 W Olney Avenue, Philadelphia, PA 19120 - Photo 1

1/1

$247,200

Sold
Closed
Single Family
1,728 Sq. Ft.

1/1

Property Description

Turn-Key Legal Duplex in Olney - High-Yield Potential with Co-Living Ready Units Expand your portfolio with this well maintained, legal 2-unit residence in the heart of Olney. Strategically configured for co-living (3 bedrooms per unit), this property is designed to maximize rental income from day one. The owner has handled the heavy lifting, upgrading systems and maintaining all licenses and certifications. The first floor is currently vacant-ideal for an owner-occupant looking to "house hack" or a savvy investor ready to place new tenants at better than market rates. (This unit can easily be returned to a traditional layout.) A good size rear yard awaits. And a location that defines convenience: steps from a large plaza with a major grocery store, bank, and other basic amenities. Immediate access to prime transit lines too! Professionally managed. This property can be bought in a package or separately. Limited showings. see agent notes for showing info

Full Property Details

Full Property Details for 123 W Olney Ave

General

Sold For: $247,200
Taxes: $3,178 (2025)
Status: Closed
Type: Single Family
Source: BrightMLSPhilly
MLS ID: PAPH2604244
Added to Site: 100 day(s) ago

Interior

Flooring: Laminate Plank, Hardwood

Parking

Parking Type: On Street

Location

Area: 19120 (19120)
Municipality: PHILADELPHIA
County: PHILADELPHIA
Subdivision: OLNEY
Driving Directions: Broad st. north to Olney,

School Information

School District: Philadelphia City

Heating & Cooling

Cooling Type: None
Cooling Fuel: Electric
Heating Type: Hot Water, Radiator
Heating Fuel: Natural Gas
Water Heater: Natural Gas, Tankless

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Style: Other
Structure Type: Twin/Semi-Detached
Construction: Masonry
Foundation: Stone, Other
Square Feet: 1,728
Sq. Ft. Source: Assessor
Living Area: 1,728 Sq. Ft.
Finished Above Grnd: 1,728 Sq. Ft.
Year Built: 1925
Year Built Source: Assessor

Lot Features

Lot Size (Acres): 0.05
Lot Size (Sq. Ft.): 2,000
Lot Size Source: Assessor
Lot Dimensions: 20.00 x 100.00
Zoning: RSA3

Financial Considerations

Price Per Sq. Ft.: $138.31
Assessment Year: 2026
School Tax: $1,780
City/TownTax: $1,398
City/TownTax Freq: Annually
County Tax Freq: Annually
Tax w/Assessment: $227,100
Tax Amount: $3,178
Tax Year: 2025
Terms: Standard Sale
Tax Total Finished Sq. Ft.: 1728

Disclosures and Reports

Ownership: Fee Simple
Exclusions: Tenants personal items.
Inclusions: All appliances with no monetary value, no warranty as to condition.
Lot Number: 175

Listed by HomeSmart Realty Advisors, Deborah E Nye
Sold by KW Empower, Jarred Aaron Smith

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Listing agent

— 123 W Olney Ave —

Deborah E Nye

HomeSmart Realty Advisors

Listing Office Email: gztsvn@gmail.com

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Schools

Schools serving 123 W Olney Ave

School District:Philadelphia City School District

Name	Grades	Distance
Washington Grover Jr School 201 East Olney Avenue, Philadelphia, PA 19120	5-8	0.2 mi
Lowell James R School 450 West Nedro Avenue, Philadelphia, PA 19120	K-4	0.5 mi
Fels Samuel High School 5500 Langdon Street, Philadelphia, PA 19111	9-12	1.6 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 123 W Olney Ave

Date

Details

Price

Change

Source

5/28/2026

Sold

$240,000

0.42%

MLS

4/06/2026

Listed

$239,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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123 W Olney Avenue, Philadelphia, PA 19120 (MLS# PAPH2604244) is a Single Family property that was sold at $247,200 on May 28, 2026. Want to learn more about 123 W Olney Avenue? Do you have questions about finding other Single Family real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

123 W Olney Ave Philadelphia, PA 19120