Olney Real Estate

Olney Real Estate

Welcome to Olney, a charming and vibrant subdivision nestled in the heart of Maryland. Known for its picturesque landscapes and friendly community, Olney offers a delightful blend of suburban tranquility and urban convenience. Just a short drive from Washington, D.C., this idyllic neighborhood is perfect for families, professionals, and retirees alike.

Olney boasts a rich history and a strong sense of community. With tree-lined streets, well-maintained parks, and a variety of recreational facilities, residents enjoy an active lifestyle amidst beautiful surroundings. The Olney Park, featuring playgrounds, walking trails, and sports fields, is a popular gathering place for families and friends. The community also hosts various events throughout the year, fostering connections and creating lasting memories.

Education is a top priority in Olney, with access to highly-rated public and private schools. Families can feel confident in their children's education, knowing they are in a district that values academic excellence. Additionally, the nearby Montgomery College offers opportunities for higher education and lifelong learning.

For shopping and dining enthusiasts, Olney does not disappoint. The Olney Town Center features a diverse selection of shops, restaurants, and cafes, catering to every taste and preference. Whether you're in the mood for a cozy coffee shop or a fine dining experience, you'll find it all right at your doorstep.

With its combination of community spirit, excellent amenities, and convenient location, Olney is more than just a place to live—it's a place to thrive. Discover your dream home in this welcoming subdivision and become part of a community that truly feels like family.

Newest Listings in Olney

Philadelphia
$499,900
PAPH2634552 MLS
Exceptional mixed-use investment opportunity in the heart of Philadelphia’s thriving Olney Business District! This prominent commercial property consists of two adjoining buildings, 5408 and 5410 N. 5th Street, totaling approximately 5,219 square feet and offered as a package sale only. The property features a spacious commercial space on the first floor and two residential apartments on the second floor, creating an attractive income-producing opportunity. The commercial space is currently leased by the funeral home tenant for $5,000 per month. One residential apartment is also tenant-occupied and generates $950 per month in rental income. The commercial level offers an open and flexible layout suitable for a variety of CMX-2.5 permitted uses, including professional offices, educational facilities, religious institutions, childcare centers, medical offices, retail establishments, wellness services, and more (buyer to verify intended use). Additional finished basement space enhances the property’s functionality and expands its usable square footage. Positioned along a high-traffic commercial corridor with excellent visibility, this property presents an outstanding opportunity for investors, owner-users, and developers seeking a versatile asset with existing income and future upside potential. Please note: The funeral home business currently operating within the property is not included in the sale. The real estate located at 5408 and 5410 N. 5th Street is being sold together as a package and will not be sold separately. Don’t miss this rare opportunity to acquire a well-located mixed-use property in one of Philadelphia’s busiest commercial corridors. Schedule your private tour today and discover the many possibilities this unique investment has to offer. The property features a spacious commercial space on the first floor and two residential apartments on the second floor, creating an attractive income-producing opportunity. The commercial space and one apartment is currently leased by the funeral home tenant for $5,000 per month. One residential apartment is also tenant-occupied and generates $950 per month in rental income. The commercial level offers an open and flexible layout suitable for a variety of CMX-2.5 permitted uses, including professional offices, educational facilities, religious institutions, childcare centers, medical offices, retail establishments, wellness services, and more (buyer to verify intended use). Additional finished basement space enhances the property’s functionality and expands its usable square footage. Positioned along a high-traffic commercial corridor with excellent visibility, this property presents an outstanding opportunity for investors, owner-users, and developers seeking a versatile asset with existing income and future upside potential. Please note: The funeral home business currently operating within the property is not included in the sale. The real estate located at 5408 and 5410 N. 5th Street is being sold together as a package and will not be sold separately. The funeral home has central air however, not the 2nd floor of the building. 5410 does not have central air. Don’t miss this rare opportunity to acquire a well-located mixed-use property in one of Philadelphia’s busiest commercial corridors. Schedule your private tour today and discover the many possibilities this unique investment has to offer.

Philadelphia

226 Rubicam St, Philadelphia
$90,000
3 Beds ⋅ 1 Baths ⋅ PAPH2675572 MLS
Welcome to this 3 bedroom, 1 bathroom row home in Philadelphia’s Olney neighborhood, offering comfortable living space and an inviting covered front porch. The main level begins with a spacious living room that flows naturally into a formal dining room, ideal for everyday meals, holiday gatherings, and entertaining. Archways add classic character and a pleasing sense of flow. The kitchen includes a gas oven range and a refrigerator, with generous cabinet storage, a double window over the sink, and a back door leading to the outdoor space. A convenient hallway bathroom serves the three bedrooms, which have ceiling fans, and one has a sun filled bay of windows. The bedrooms offer flexible space for sleeping, working from home, or a guest room. A basement adds valuable storage and utility space, with room for laundry or hobbies. Olney is known for its charming rowhouses and strong sense of community. Residents enjoy a wide choice of shopping, dining, and everyday conveniences close by, along with several neighborhood schools. Commuting is easy thanks to the nearby Olney Transportation Center, with SEPTA bus and Broad Street Line access, plus La Salle University, Tacony Creek Park, and Awbury Arboretum within reach. Whether you are a first time buyer, a growing household, or an investor seeking a versatile property, this home offers a great opportunity to create something special in an established Philadelphia neighborhood.

226 Rubicam St, Philadelphia

210 Albanus St, Philadelphia
$268,000
2 Beds ⋅ 3 Baths ⋅ PAPH2646880 MLS
Investment Opportunity | Turnkey Duplex with Value-Add Potential ! Welcome to 210 E Albanus Street, a beautifully updated duplex offering immediate cash flow with significant upside. Whether you're an investor looking to expand your portfolio or a first-time homebuyer hoping to offset your mortgage, this property delivers the perfect combination of current income and future potential. The property features two updated 1-bedroom, 1-bathroom apartments, both currently occupied on month-to-month leases at $1,000 per month, providing an immediate rental income of $2,000/month. Each unit has been tastefully renovated with modern finishes, including updated kitchens with shaker cabinetry, stylish backsplash, updated flooring, fresh paint, and renovated bathrooms. Adding even more value is the huge semi-finished basement studio, already equipped with plumbing, electrical, and framing, making it an ideal opportunity to complete and create an additional income-producing unit (buyer to verify zoning and permitted use). Once finished, the basement has the potential to generate approximately $1,000/month, bringing the property's potential gross monthly income to $3,000. Major capital improvements have already been completed, including: Three updated electrical panels (one for each unit) New sewer stack pipe Semi-finished basement with utilities already in place Updated interior finishes throughout Located in the desirable Olney section of Philadelphia, this property offers convenient access to public transportation, shopping, schools, parks, and major roadways, making it attractive to both tenants and owner-occupants. Whether you're looking to house hack, add a strong cash-flowing asset to your investment portfolio, or finish the basement for even greater returns, 210 E Albanus Street is packed with opportunity. Schedule your private showing today and see the income potential for yourself!

210 Albanus St, Philadelphia

5218 9th St, Philadelphia
$424,900
4 Beds ⋅ 4 Baths ⋅ PAPH2682084 MLS
Wooow, The Seller will fully cover your Down Payment !!! Call today and get the Bonus- the seller is offering a 2/1 buy down on the mortgage, significantly reducing monthly payments. 📉 What is a “2/1 buydown”? A 2/1 buydown is a temporary interest rate discount paid for by the seller. It lowers your mortgage rate for the first 2 years, then returns to the normal rate. Example: Let’s say your actual mortgage rate is 6.5%: Year 1: You pay based on 4.5% (2% lower) Year 2: You pay based on 5.5% (1% lower) Year 3 and beyond: You pay the full 6.5% Additionally, the lender is providing a free appraisal to further enhance your home buying experience. This is a great chance to make your purchase more affordable. **8 Brand-New Constructions in Olney with 10-Year Tax Abatement!**Welcome to this beautiful new construction development featuring 8 thoughtfully designed homes in the Olney neighborhood of Philadelphia. Each home offers approximately 2,500 square feet of living space across three spacious levels , combining modern design, functionality, and comfortable living. This stunning 3-story home features 4 bedrooms and 3½ bathrooms, with an open and spacious layout perfect for both everyday living and entertaining. Enjoy modern finishes, generous living areas, and the peace of mind that comes with a brand-new home. **Property Highlights:** * 🏡 Brand-new construction * 📐 Approximately **2,500 sq. ft.** * 🛏️ **4 bedrooms** * 🛁 **3½ bathrooms** * 🏢 **3-story design** * 💰 **10-year tax abatement approved** * 📍 Convenient **Olney location** * ✨ Modern finishes and contemporary design * 🚗 Convenient access to transportation, shopping, restaurants, and neighborhood amenities Whether you're looking for your next home or a smart investment opportunity, this new construction offers **modern living, excellent space, and significant tax savings with an approved 10-year tax abatement**. Don't miss the opportunity to own one of 4 available left from 8 beautiful new construction homes in Olney!

5218 9th 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.

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