3 months on rocket

Backup Offers

308 W Olney Ave, Philadelphia, PA, 19120

$225,000

Home List Price

$2,672*

Closing Credit

0 Baths
2,050 SqFt
$110/SqFt
Multi

Location

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308 W Olney Ave, Philadelphia$225,000

Buyer Closing Credits

$2,672*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingGarage - Side Entry, Detached Garage
Garage2 spaces
Year Built1930
HeatingBaseboard
CoolingNone
MLS #PAPH2399706
Lot Size0.10 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 308 W Olney Ave

🚨 MULTI-FAMILY TRIPLEX FOR SALE 🚨 🏠 Located in the Olney section of the city, this 3-unit property is a MUST-SEE for all investors and landlords! 💼 Each unit features 2 bedrooms and 1 bathroom, offering great potential for long-term cash flow 📈 with the right finishing touches. ✨ 🔑 Property Highlights: ✅ 3 Units - 2 Beds, 1 Bath Each ✅ Detached Garage 🛻 ✅ Twin property with tons of character ✅ Cash flow for generations 🏦 ✅ Ready for your finishing touches 💡 Perfect for rental income or house hacking! 🏡 This property has the space, layout, and location to bring you a steady ROI for years to come. 📈 🔍 Easy to Show – Schedule Now! 💼 Submit your offer today with proof of funds attached. 📲 CALLING ALL INVESTORS! Don’t miss this opportunity!!!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1930
  • Living Area: 2,050 SqFt

Listing Office:

  • Office Name: Eliakim Realty Inc
  • Office Phone: (267) 626-2398
  • Listing Agent: Nestor F Colon

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Garage - Side Entry, Detached Garage

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: None

Other

Directions Information:

  • Directions: Traveling North on 5th Street to Olney Avenue. Turn Rught onto Olney Avenue. Property on the Right Hand Side.

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $225,000
  • Price Per SqFt: $110/SqFt

Tax Information:

  • Annual Amount: $1,618
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

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Philadelphia, PA

City

Med. Sold Price

$265.3K

Med. Price/SqFt

$200

Avg. Days On Market

45

# of Sold Homes

946

308 W Olney Ave vs Philadelphia

92 DAYS ON ROCKET

+47 Days

$225,000

-$40.3K Less

$110/SqFt

-$91 Less

KEY TAKEAWAY

This property is $40.3K less than the Median Sold Price and $91/SqFt less than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2399706

Listing Office:

  • Office Name: Eliakim Realty Inc
  • Office Phone: (267) 626-2398
  • Listing Agent: Nestor F Colon

IDX Information Deemed Reliable But Not Guaranteed. 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 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 sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/23/2024, 1:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 21, 2018Home Sold
$87,000
Feb 28, 2007Home Sold
$169,950

Tax History

YEARPROP. TAXASSESSMENT
2020$1,618 -
2019$1,503$107,400
2018$1,610$115,000
2017$1,610$115,000

History based on county public records data.

Payment Calculator

$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1197518
4
/10

  • James R. Lowell Elementary School

  • 450 W Nedro Ave

  • 0.34 miles

  • Public District Grades KG-4

school-card-donut-1197519
4
/10

  • Julia Ward Howe Academics Plus Elementary School

  • 5800 N 13th St

  • 0.84 miles

  • Public District Grades KG-5

school-card-donut-1197520
4
/10

  • Feltonville Intermediate School

  • 238 E Wyoming Ave

  • 1.13 miles

  • Public District Grades 3-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $19,630. Most Philadelphia, PA residents have annual incomes less than $35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19120›308 W Olney Ave

This home is located at 308 W Olney Ave in Philadelphia, PA and zip code 19120 in the Olney neighborhood. This 2,050 square foot home, which was built in 1930, sits on a 0.10 acre lot. It has been listed on Rocket Homes since September 22, 2024 and is currently priced at $225,000.

In November 2024, from all listings sold in Philadelphia, PA there were more than 219 sold above asking price, over 523 sold below and more than 204 were sold right at the asked price. In November 2024 in Philadelphia, PA there were 1.8% more homes for sale than in October 2024. The median list price of listings available in November 2024 was $265,372, while the average time on the real estate market was 45 days.

From Rocket Homes Real Estate and based on county public records data.

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