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

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1/23

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$230,000 Just Listed

For Sale
Active
Single Family
1,460 Sq. Ft.
4 Car Garage
Updated 8 hours ago

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Property Description

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.

Full Property Details

Full Property Details for 421 W Olney Ave

General

Price: $230,000
Taxes: $2,921 (2025)
Status: Active
Type: Single Family
Source: BrightMLSPhilly
MLS ID: PAPH2631084
Updated: Today (6/6/2026)
Added to Site: Today

Parking

Garage: Yes
Garage Spaces: 4
Total Spaces: 4
Parking Features: Private
Parking Type: Detached Garage
Garage Description: Garage - Rear Entry, Oversized

Location

Area: 19120 (19120)
Municipality: PHILADELPHIA
County: PHILADELPHIA
Subdivision: OLNEY
Cross Streets: N Lawrence Street
Driving Directions: 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

School Information

School District: Philadelphia City

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C
Cooling Fuel: Electric
Heating Type: Forced Air
Heating Fuel: Natural Gas
Water Heater: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Style: Traditional
Structure Type: Detached
Construction: Masonry
Foundation: Other
Square Feet: 1,460
Sq. Ft. Source: Assessor
Living Area: 1,460 Sq. Ft.
Finished Above Grnd: 1,460 Sq. Ft.
Year Built: 1925
Year Built Source: Assessor

Lot Features

Lot Size (Acres): 0.07
Lot Size (Sq. Ft.): 2,900
Lot Size Source: Assessor
Lot Dimensions: 25.00 x 116.00
Zoning: CMX2

Financial Considerations

Price Per Sq. Ft.: $157.53
Assessment Year: 2026
School Tax: $1,635
City/TownTax: $1,285
City/TownTax Freq: Annually
County Tax Freq: Annually
Tax w/Assessment: $208,700
Tax Amount: $2,921
Tax Year: 2025
Tax Total Finished Sq. Ft.: 1460

Disclosures and Reports

Ownership: Fee Simple
Exclusions: Tenants' personal property
Inclusions: Items in the basement (no monetary value)
Lot Number: 179

Listed by BHHS Fox & Roach-Blue Bell, Benjamin Wong

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Listing agent

— 421 W Olney Ave —

Benjamin Wong

BHHS Fox & Roach-Blue Bell

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Schools

Schools serving 421 W Olney Ave

School District:Philadelphia City School District

Name	Grades	Distance
Lowell James R School 450 West Nedro Avenue, Philadelphia, PA 19120	K-4	0.3 mi
Washington Grover Jr School 201 East Olney Avenue, Philadelphia, PA 19120	5-8	0.6 mi
Fels Samuel High School 5500 Langdon Street, Philadelphia, PA 19111	9-12	2 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 421 W Olney Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

6/06/2026

Listed

$230,000

100%

MLS

12/09/2020

Sold

$115,000

—

Public Record

Get Price Alerts and Save Property

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

Tax History

Tax History for 421 W Olney Ave

Year

Property Taxes

Change

Tax Assessment

Change

2025

$2,921

—

$208,700

—

2024

$2,921

117%

$208,700

100%

2021

$1,344

-49%

-100%

2023

$2,657

98%

$189,800

98%

2020

$1,344

8%

$96,000

8%

2019

$1,249

-18%

$89,200

-18%

2018

$1,529

—

$109,200

—

2017

$1,529

—

$109,200

—

2016

$1,529

5%

$109,200

—

2015

$1,463

—

$109,200

—

2014

$1,463

9%

$109,200

694%

2013

$1,344

—

$13,760

—

View All

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

Estimate the Cost

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421 W Olney Avenue, Philadelphia, PA 19120 (MLS# PAPH2631084) is a Single Family property with 0 bedrooms and 0 full bathrooms. 421 W Olney Avenue is currently listed for $230,000 and was received on June 06, 2026. Want to learn more about 421 W Olney Avenue? Do you have questions about finding other Single Family real estate for sale in Center City East? You can browse all Center City East real estate or contact a Coldwell Banker agent to request more information.

421 W Olney Ave Philadelphia, PA 19120