123 W Olney Ave, Philadelphia, PA 19120

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Sold Price
$247,200
List Price
$239,000
Closing Date
May 28, 2026
Status
CLOSED
MLS#
PAPH2604244
Living Area
1,728
Lot Size (Acres)
0.05
Style
Other
Year Built
1925
County
Philadelphia
School District
Philadelphia City

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

Additional Information

Area
19120 (19120)
Subdivision
Olney
School District
Philadelphia City
Flooring
Laminate, Hardwood
Heating
Hot Water, Radiator(s)
Cooling
None
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of HomeSmart Realty Advisors. Contact:

Selling Office: KW Empower.