Olney (East) Real Estate

Olney (East) Real Estate

Welcome to Olney (East), a vibrant and welcoming subdivision nestled in the heart of Philadelphia, Pennsylvania. Known for its rich history and diverse community, Olney (East) offers a unique blend of urban convenience and suburban charm, making it an ideal place for families, young professionals, and retirees alike.

Olney (East) is characterized by its tree-lined streets and a variety of housing options, from cozy single-family homes to spacious townhouses. The architecture reflects the neighborhood's historical roots, with many homes showcasing classic Philadelphia brick facades. Residents enjoy a strong sense of community, with friendly neighbors and local events that foster connections and camaraderie.

Convenience is key in Olney (East), as the area is well-served by public transportation, providing easy access to downtown Philadelphia and beyond. The nearby Olney Transportation Center connects residents to a network of buses and trains, making commuting a breeze. For those who prefer to drive, major highways are just minutes away, ensuring that the best of Philadelphia is within reach.

Families will appreciate the abundance of parks and recreational facilities in the area, including the expansive Olney Park, which features playgrounds, sports fields, and picnic areas. Local schools, both public and private, are known for their commitment to education and community involvement, making Olney (East) a great place to raise children.

With a variety of dining, shopping, and entertainment options nearby, Olney (East) truly has something for everyone. Whether you’re looking to explore local eateries, enjoy a day at the park, or simply relax in your new home, this subdivision has it all. Discover the charm of Olney (East) and make it your next home sweet home!

Newest Listings in Olney (East)

$245,000
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

Listing courtesy of Real of Pennsylvania. Contact: 8554500442
$549,999
7 Beds ⋅ 4 Baths
5330 Rising Sun Ave is now available. This extremely RARE property is truly one of a kind. This home features 7 bedrooms and 4 full bathrooms with another 4 rooms in the basement. Sitting on a 19,000+ sqft lot, this home has a LARGE front yard, backyard, side yard, back deck YOU NAME IT! Nothing on the market is quite like this. Did I mention it has 9 PARKING SPOTS ? From a formal dining room to a formal kitchen to a very large living room, this home has more perks than you can imagine. It has TWO Kitchens and a 10 YEAR ROOF WARRANTY! This property is so large and so unique, it could even be used as a business. Come see the property, bring your imagination because there will not be anything else like this to hit the market soon. Schedule your showing today !

5330 Rising Sun Ave, Philadelphia

Listing courtesy of KW Empower. Contact: vicki@kwempower.com
$199,900
4 Beds ⋅ 3 Baths
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

Listing courtesy of Action USA Jay Robert Realtors. Contact: 6098906858
$244,500
4 Beds ⋅ 3 Baths
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

Listing courtesy of Canaan Realty Services INC. Contact: 2153331826
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