New - 3 days on Rocket
$2,589 Closing Credit¹
#PAPH2446796, Alexander Molinski, Listing Office: RE/MAX Elite
$225,000 List price
308 W Olney Ave Philadelphia, PA 19120
$2,672
Closing credit¹
2,050 sqft
0.10 acres
$110 / sqft
Multi-Family
Property details
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!!!
Highlights
Home typeTriplex
HeatingBaseboard
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)
(ACTIVE UNDER CONTRACT)
Size2,050 sqft
Lot size0.1 Acres
Year built1930
ParkingGarage - Side Entry, Detached Garage
MLS #PAPH2399706
Garage2 spaces
Summary
- MLS Number: PAPH2399706
- MLS Name: BRIGHT
- Office Name: Eliakim Realty Inc
- Office Phone: (267) 626-2398
- Listing Agent: Nestor F Colon
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. ©2025 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: 2/22/2025, 8:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$225,000
308 W Olney Ave
$2,672
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 03, 2022 | Home Sold | $197,900 |
| Jun 21, 2018 | Home Sold | $87,000 |
| Dec 20, 2017 | Home Sold | $55,000 |
| Feb 28, 2007 | Home Sold | $169,950 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $254,100 | $3,556 |
| 2022 | $254,100 | $1,618 |
| 2021 | $- | $1,618 |
| 2020 | $115,600 | $1,618 |
| 2019 | $107,400 | $1,503 |
| 2018 | $115,000 | $1,609 |
| 2017 | $115,000 | $1,609 |
History based on county public records data.
Nearby schools
4
James R. Lowell Elementary School
Public District KG-4
0.3 mi
•450 W Nedro Ave
4
Julia Ward Howe Academics Plus Elementary School
Public District KG-5
0.8 mi
•5800 N 13th St
4
Feltonville Intermediate School
Public District 3-5
1.1 mi
•238 E Wyoming Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $19,630. The majority of Philadelphia, PA residents have income less than $<35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
82%
<35k
17%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
47%
Single, No Kids
24%
Single, with Kids
14%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
8%
12-17 yrs old
27%
18-34 yrs old
40%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
Foot Locker
Ross Dress For Less
Where do the neighbors go to eat?
White Castle
Little Caesars
Jack In The Box
What do the neighbors drive?
Kia
Dodge
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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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. Features: 0 bathroom. It has been listed on Rocket Homes since September 22, 2024 and is currently priced at $225,000.
In January 2025, from all listings sold in Philadelphia, PA there were more than 152 sold above asking price, over 457 sold below and more than 186 were sold right at the asked price. Between December and January 2025, Philadelphia, PA real estate market has seen increase in the number of listings by 3.5%. In January 2025 median list price was $266,945 and the average listing age was 52 days.
From Rocket Homes Real Estate and based on county public records data.