Olney Homes under $200,000

Welcome to Olney, a vibrant and welcoming neighborhood nestled in the heart of Philadelphia, Pennsylvania. Known for its rich cultural tapestry and strong community spirit, Olney is a hidden gem that offers a unique blend of urban convenience and suburban charm. This diverse area is characterized by its tree-lined streets, friendly neighbors, and an array of amenities that cater to families, young professionals, and retirees alike.

One of the standout features of Olney is its affordability in the housing market. For those seeking their dream home without breaking the bank, you'll find a selection of charming residences priced under $200,000. These homes offer a perfect opportunity for first-time buyers or investors looking to capitalize on the area's growth. From cozy single-family homes to well-maintained townhouses, there’s something for everyone in this budget-friendly bracket.

Residents of Olney enjoy easy access to public transportation, making commutes to downtown Philadelphia a breeze. The neighborhood is also home to a variety of parks, schools, and local shops, enriching the community experience. Whether you’re strolling through the local farmer’s market, enjoying a weekend at the park, or exploring the culinary delights offered by nearby eateries, Olney has a little something for everyone.

In Olney, you’ll not only find a house but a place to call home. With its affordable housing options and a strong sense of community, it’s no wonder that so many are choosing to make Olney their residence. Come explore the possibilities that await you in this charming Philadelphia neighborhood!

Newest Olney Homes under $200,000

$140,000

3 Beds ⋅ 2 Baths ⋅ PAPH2674032 MLS

Welcome to your new home. Featuring 3 nicely sized bedrooms, Eat-in Kitchen, beautifully sized dining room and more space than the pictures reveal. Hardwood floors throughout. The heater, water heater, roof and most important components to this home updated. It is great having a partially finished walk-out basement that includes a full bath with more living and storage space than most people need. Don't forget access to a hidden driveway that leads into attached garage. Schedule your appointment today!

726 W Rockland St, Philadelphia

$115,000

3 Beds ⋅ 1 Baths ⋅ PAPH2675574 MLS

Calling all investors and buyers looking to build sweat equity! This classic Philadelphia rowhome in the Olney neighborhood offers the perfect blank canvas to bring your vision to life. The traditional layout features a spacious main living and dining area, a functional kitchen, comfortable upstairs bedrooms, a full bathroom, and a lower level with ample storage space. Located with quick access to local shops, public transit, and major commuter routes like Roosevelt Boulevard, this property holds incredible potential for a customized primary residence or a profitable investment project. Bring your tools, your imagination, and schedule a tour today!

5914 B, Philadelphia

$109,900

3 Beds ⋅ 1 Baths ⋅ PAPH2678464 MLS

Enter through the enclosed front porch. Next the Living Room and Dining are open to the kitchen. There are recessed lights and Luxury plank vinyl floors. Upstairs there are 3 bedrooms and a full bathroom. There is a basement and rear yard. This property is eligible under the Freddie Mac First look until 11/6/2026.

4840 N Franklin St, Philadelphia

$149,700

3 Beds ⋅ 1 Baths ⋅ PAPH2676288 MLS

Welcome to 515 E Courtland St, a well-maintained home offering 3 bedrooms and 1 full bathroom in a comfortable and functional layout. Step inside to a welcoming first floor featuring spacious living and dining areas, creating an inviting setting for everyday living, relaxing, or entertaining. The kitchen is conveniently located just beyond the dining area and offers ample cabinet and counter space for everyday cooking and meal preparation. Continue upstairs to find three generously sized bedrooms and a full bathroom conveniently located on the same level. Each bedroom provides comfortable private space with the flexibility to accommodate bedrooms, a home office, guest room, or additional personal space. The clean, unfinished basement provides convenient additional storage and utility space, while the backyard offers room to relax, entertain, enjoy a BBQ, or spend time outdoors. As an end-of-row home, the property also benefits from additional exterior exposure and a desirable sense of privacy. Exceptionally well cared for and in excellent condition, this home offers a great combination of comfort, functionality, and outdoor space. With its spacious layout, three bedrooms, basement, backyard, 515 E Courtland St is ready for its next owner. Schedule your showing today and come see what this home has to offer!

515 E Courtland St, Philadelphia

$175,000

3 Beds ⋅ 1 Baths ⋅ PAPH2677022 MLS

Enter the enclosed porch with newer windows and siding. The porch roof has been re-coated. The enclosed porch leads to the living room of this lovely and cared for house. Formal dining room and eat-in kitchen completes the first floor. Enter backyard from the kitchen. Upstairs is three nice sized bedrooms with a full bath. This house has been well cared for so bring your personal touches to make it your own. Seller is selling as-is. Home inspections are for informational purposes only.

122 Linton St, Philadelphia

$84,000

3 Beds ⋅ 1 Baths ⋅ PAPH2676894 MLS

INVESTOR SPECIAL! 4829 N Marshall Street is a great opportunity for an investor looking for their next renovation project. Property is in need of a full renovation and is being sold strictly AS-IS. Seller will make no repairs. Buyer is responsible for all Use & Occupancy requirements, certifications, inspections, and any associated repairs or costs. Buyer is also responsible for 100% of the transfer tax. Cash or hard money financing only. Buyer should perform their own due diligence regarding the condition of the property. Schedule your showing and bring your vision!

4829 N Marshall St, Philadelphia

$140,000

3 Beds ⋅ 2 Baths ⋅ PAPH2674768 MLS

SHORT SALE. Sale is subject to third-party and lender approval. Property is being sold AS-IS. All offers are subject to review and approval by the appropriate third party/lender. Buyer and buyer’s agent should allow additional time for the short-sale approval process. Lender approval is not guaranteed. Buyer is responsible for conducting all inspections and due diligence. Please review the attached documents for information regarding negotiations and applicable fees.

4957 N 7th St, Philadelphia

$199,900

3 Beds ⋅ 2 Baths ⋅ PAPH2670014 MLS

Welcome to 533 W. Louden Street! This spacious corner property offers 3 generously sized bedrooms, 2 full bathrooms, a private yard, and plenty of room to make it your own. Inside, you’ll find a functional layout with comfortable living spaces and good-sized bedrooms. Step outside to your private yard, perfect for relaxing, entertaining, or simply enjoying your own outdoor space. An added feature is the basement, accessed from the rear of the home through a separate entrance and equipped with its own electric, offering additional flexibility for storage, a home office, additional living space, or other possibilities. Whether you’re a first-time homebuyer, looking for more space, or searching for your next investment, this home has plenty of potential and is worth a look. Available for immediate occupancy, so there’s no need to wait to make it yours! The seller prefers to sell the property as-is. Even better, down payment assistance may be available for qualified buyers, helping to reduce the upfront cost of purchasing a home. Bring your ideas, make it your own, and start enjoying your new home. Schedule your showing today!

533 W Louden St, Philadelphia

$99,900

3 Beds ⋅ 1 Baths ⋅ PAPH2667732 MLS

Welcome to 264 W. Sheldon St. A prime opportunity for an investor or an owner occupant. Located in the heart of Olney. A 3-bedroom, 1-bathroom interior rowhome , built in 1930. With 1,120 sq. ft. of potential, this property offers a solid foundation for renovation and value appreciation. The full, unfinished basement provides ample space for expansion or additional rental income, while the masonry construction ensures durability. Situated on a compact 0.02-acre lot, this property is perfect for low-maintenance living. The below-average condition presents a unique chance for one to add value through strategic upgrades. On-street parking enhances accessibility for tenants, making it an attractive rental option. With the local real estate market showing steady growth, this property is poised for significant returns. Whether you're looking to flip or hold, seize the opportunity to transform this townhouse into a profitable asset. Don't miss out on this chance to invest in a thriving community!

264 W Sheldon St, Philadelphia

$165,000

3 Beds ⋅ 1 Baths ⋅ PAPH2664678 MLS

Welcome to 143 W Clarkson Ave! This spacious 3-bedroom, 1-bathroom home offers a great opportunity for both homeowners and investors looking for value and potential in Philadelphia. The home features a very spacious first floor with plenty of room for comfortable living and entertaining. While the property would benefit from some updating, it offers a solid opportunity to bring your vision to life and transform it into a beautiful home. Location is a major highlight, with the property conveniently situated near One & Olney Shopping Center, Rising Sun Plaza, and Roosevelt Boulevard, providing easy access to shopping, dining, transportation, and everyday conveniences. Whether you're looking to make this your primary residence or add an investment property to your portfolio, 143 W Clarkson Ave offers flexibility and plenty of potential at an attractive price point. Seller is looking to sell as-is.

143 W Clarkson Ave, Philadelphia

$175,000

PAPH2663116 MLS

Welcome to 5222 N Front St. This is a spacious corner one plus one Duplex. Excellent investment opportunity. Bring your ideas. Needs TLC. Sold As Is.

5222 N Front St, Philadelphia

$170,000

3 Beds ⋅ 1 Baths ⋅ PAPH2662996 MLS

Welcome to this charming 3-bedroom, 1-bathroom home offering comfortable living space and plenty of potential. The property features a full basement providing ample storage and the opportunity to create additional living or recreational space. Recessed lighting throughout the home adds a clean, modern touch and creates a bright, inviting atmosphere. The large kitchen offers the ability for creativity. The possibilities of relaxing or entertaining on the welcoming front porch are added bonuses. The large backyard provides plenty of outdoor space for gatherings, gardening, recreation, or simply enjoying the outdoors. If you are looking for something move in ready, or want to simply add your own creative touches with some TLC, this property is ideal for you! Schedule your tour today!

4739 N 3rd 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.