Olney Real Estate

Olney Real Estate

Welcome to Olney, a vibrant and diverse neighborhood nestled in the heart of Philadelphia, Pennsylvania. Known for its rich history and strong sense of community, Olney offers a unique blend of urban convenience and suburban charm. This thriving subdivision is characterized by its tree-lined streets, welcoming parks, and a variety of housing options that cater to families, young professionals, and retirees alike.

Olney is well-connected to the rest of Philadelphia, making it an ideal location for those who appreciate the hustle and bustle of city life but desire a peaceful retreat at the end of the day. With easy access to major highways and public transportation, commuting to downtown Philadelphia or other neighboring areas is a breeze. The neighborhood is also home to a range of amenities, including shopping centers, local eateries, and recreational facilities that enhance the quality of life for its residents.

Families will find an abundance of educational opportunities in Olney, with several highly-rated schools and community programs available. The neighborhood’s parks, such as the expansive Olney Park, provide ample space for outdoor activities, picnics, and family gatherings, fostering a sense of community and belonging.

Whether you're looking to buy your first home, invest in real estate, or simply explore a new neighborhood, Olney offers a charming atmosphere with all the conveniences of city living. Discover the warmth and vibrancy of Olney—where community spirit and urban accessibility come together to create an exceptional place to call home.

Newest Listings in Olney

Philadelphia
$499,900
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

Listing courtesy of Coldwell Banker Realty. Contact:

3609 Cherry Valley Dr, Olney
$799,000
3 Beds ⋅ 3 Baths
WHERE EVERYBODY KNOWS YOUR NAME! A ONE-OF-A-KIND “CHEERS”- INSPIRED SPEAKEASY, SEPARATE 3-CAR GARAGE SPACE, CONTRACTOR, WORKSHOP & NO HOA! Imagine owning a home with your very own neighborhood pub, where friends gather, laughter fills the room, and everyone feels right at home! This meticulously maintained all-brick rambler offers something truly extraordinary — a fabulous lower-level bar and speakeasy reminiscent of the iconic television show Cheers! With its nostalgic tavern atmosphere and other inviting gathering spaces, this one-of-a-kind retreat is destined to become everyone's favorite place to be. Whether hosting game-day celebrations, entertaining family and friends, or simply relaxing at the end of the day, this incredible space brings a whole new meaning to entertaining at home! AND FOR THE CAR ENTHUSIAST, COLLECTOR, OR HOBBYIST — THERE'S EVEN MORE TO LOVE! In addition to the convenient attached one-car garage, this property boasts an impressive detached three-car garage with an adjoining workshop! Imagine the possibilities for your prized vehicles, woodworking projects, hobbies, equipment, or creative pursuits. A separate storage shed provides even more room for gardening tools and seasonal belongings. With four garage spaces, a dedicated workshop, and no homeowners association, opportunities like this are hard to find! Beyond these exceptional features, the home offers the comfort and convenience of rambler-style living. MAIN LEVEL A covered front porch welcomes you home, while the covered rear patio provides a wonderful setting for morning coffee, outdoor dining, or simply enjoying the surrounding lawn. The welcoming main level features a spacious living room, formal dining room, tablespace kitchen, family room with cozy wood-burning fireplace. This gem has a large primary bedroom with a huge walk-in closet, two additiional bedrooms, and a hall bathroom with a tub. The finished lower level is truly an entertainer's paradise! In addition to the unforgettable speakeasy, you'll discover a spacious game room, generous recreation room, comfortable sitting room with brick fireplace, full bathroom, laundry area, and additional storage. Whether your interests include billiards, movies, entertaining, or simply having room to spread out, this versatile lower level offers endless possibilities. And let's not forget one of the property's most desirable benefits — NO HOA! Enjoy the freedom and flexibility of homeownership without association fees or HOA restrictions, subject to applicable local regulations. From its unforgettable “Cheers”-inspired speakeasy to its exceptional garage and workshop facilities perfect for car enthuiasts, this home offers a rare combination of personality, practicality, and possibilities. A PLACE TO CALL HOME, A PLACE TO GATHER, AND A PLACE WHERE EVERYBODY WILL KNOW YOUR NAME!

3609 Cherry Valley Dr, Olney

Listing courtesy of Compass. Contact:

210 Albanus St, Philadelphia
$268,000
2 Beds ⋅ 3 Baths
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

Listing courtesy of Honest Real Estate. Contact:

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