Olney (East) Homes under $350,000

Welcome to Olney (East), a vibrant and welcoming neighborhood nestled in the heart of Philadelphia, PA. This charming subdivision is known for its rich history, diverse community, and an array of amenities that make it a delightful place to call home. With tree-lined streets and a strong sense of community, Olney (East) offers a suburban feel while still being conveniently located near the bustling heart of the city.

One of the standout features of Olney (East) is its affordability. For homebuyers seeking quality living without breaking the bank, this neighborhood offers a variety of homes priced under $350,000. Here, you can find a range of properties, from cozy single-family homes to inviting townhouses, all designed to meet the needs of modern families and individuals. The homes in this area often boast spacious layouts, updated kitchens, and well-maintained yards, providing the perfect backdrop for creating lasting memories.

Residents of Olney (East) enjoy easy access to numerous parks, local shops, and restaurants, making everyday life convenient and enjoyable. The neighborhood is also well-connected to public transportation, allowing for a seamless commute to downtown Philadelphia and beyond. With its affordable housing options, community spirit, and accessibility, Olney (East) is an ideal choice for first-time homebuyers, families, and anyone looking to embrace the charm of Philadelphia living. Explore the possibilities in Olney (East) today, and discover your dream home in this delightful neighborhood!

Newest Olney (East) Homes under $350,000

$244,000

4 Beds ⋅ 3 Baths ⋅ PAPH2677696 MLS

Located in the desirable Olney section of Northeast Philadelphia, this income-producing multifamily property is a fantastic addition to any investor’s portfolio. The property currently generates strong rental income of approximately $900, $800, and $1,000 per month, offering immediate cash flow. This well-maintained building features: First Unit: 2 bedrooms Second Unit: 3 bedrooms Additional Studio Units Each unit is equipped with separate heat and electric meters, allowing tenants to pay their own utilities and helping maximize your net return. Conveniently situated near shopping, public transportation, schools, and major roadways, this property offers both strong rental demand and long-term appreciation potential.

429 W Ashdale St, Philadelphia

$245,000

PAPH2669664 MLS

200 East Albanus Street, Philadelphia, PA 19120 – Investment Property Great opportunity to add a fully rented, income-producing property to your investment portfolio! Welcome to 200 East Albanus Street in Philadelphia, a property that was rehabbed throughout by the current owner after being purchased in 2023 and offers immediate rental income from day one. The property is currently configured and occupied as three rental units, including a third unit created by the owner in the basement. With all three units currently rented, this property offers an attractive opportunity for an investor seeking an established rental property with tenants already in place. Buyer is responsible for conducting their own due diligence regarding zoning, licensing, permits, the current three-unit configuration, permitted uses, and all applicable City of Philadelphia requirements. Property is being marketed based on its current use and occupancy, with no representation or warranty regarding the legality or approval of the basement unit or triplex use. Additional features include a rear parking space, a valuable convenience in the city. Conveniently located with easy access to public transportation and major travel routes, as well as nearby shopping, dining, and everyday necessities, the property offers accessibility for tenants and owners alike. Fully rented, renovated, and already producing income, 200 East Albanus Street presents an excellent opportunity for an investor looking to expand their Philadelphia real estate portfolio.

200 E Albanus St, Philadelphia

$199,900

4 Beds ⋅ 3 Baths ⋅ PAPH2646486 MLS

Large primary or income earning home in the Olney Section of Philadelphia with a large land lot that goes from the front of the home on N 2nd Street to the curb cut and garage on N Palethorp Street.

5511 N 2nd St, Philadelphia

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INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED. Listings courtesy of WEST PENN MULTILIST, INC.

Listings courtesy of Pike Wayne Association of Realtors as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.