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Sold for $515,000
  • $515,000

    325 Olive Ave, Horsham, PA 19044

    4beds
    --baths
    1,920sqft
    Duplex
    Built in 1973
    -- sqft lot
    $517,100 Zestimate®
    $268/sqft
    $2,206 Estimated rent

    Home value

    $517,100

    $486,000 - $548,000

    $2,206/mo

    Zestimate® history
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    What's special

    Brand-new roof
    Photos of interiors have been virtually staged. Existing tenant personal items and furniture replaced with virtual items. **Turn-Key Investment Opportunity in Horsham!** Discover this meticulously maintained, fully occupied duplex in the heart of Horsham—a perfect addition to your portfolio or an ideal "house-hacking" opportunity. This property offers strong cash flow, low owner overhead, and recent capital improvements that ensure peace of mind for years to come. **Financial Highlights** * **Gross Annual Income:** $42,600 * **Low Operating Expenses:** $6,900 (Taxes & Insurance) * **Tenant Paid Utilities:** Tenants handle electricity, trash, snow removal, and lawn care. * **Strong Yield:** Rare separate utility setup minimizes landlord responsibility. **Property Features** Both units feature a spacious **2-bedroom, 1-bathroom** layout with thoughtful updates: * **Unit 1 (First Floor):** Recently refreshed with **New Coretec flooring** in the living room and **new plush carpet** in the bedrooms. The kitchen and bath feature durable ceramic tile. Leased through 02/28/2027 at **$1,800/mo**. * **Unit 2 (Second Floor):** Well-maintained with carpeted living areas and ceramic tile in the kitchen and bath. Currently on a **month-to-month lease at $1,750/mo**, offering flexibility for owner-occupants or market-rate adjustments. * **Mechanicals & Exterior:** Major big-ticket items are already done! Enjoy a **brand-new roof**, low-maintenance **vinyl siding**, and **replacement windows** throughout. * **Storage:** Each unit includes **separate basement storage** areas, a highly coveted amenity for tenants. **The Location** Situated in a prime Horsham location with easy access to local parks, shopping, and major commuter routes. **Showings by appointment only. Do not disturb tenants.**

    Zillow last checked:

    Listing updated:

    Listed by:

    Kurt Marhefka 215-778-6594,

    BHHS Fox & Roach-Doylestown

    Bought with:

    Jeff Ungermah, RS360112

    United Real Estate

    Source: Bright MLS,MLS#: PAMC2175088MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    Basement
    • Area: 0
    Heating
    • Central, Electric
    Cooling
    • Window Unit(s), Electric
    Appliances
    • Included: Electric Water Heater
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 1,920
    • Total interior livable area: 1,920 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Asphalt, Driveway
    • Uncovered spaces: 4
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 8,000 Square Feet
    • Dimensions: 80.00 x 0.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 360009475002
    • Zoning: RESIDENTIAL MULTIFAMILY
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Combination
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1973

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Horsham
    • Municipality: HORSHAM TWP

    Financial & listing details

    • Price per square foot: $268/sqft
    • Tax assessed value: $128,610
    • Annual tax amount: $5,616
    • Date on market: 4/13/2026
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple
    • Total actual rent: 42600

    Price history

    DateEventPrice
    5/20/2026Sold$515,000-2.8%$268/sqft
    Source: Bright MLS #PAMC2175088 Report a problem
    4/24/2026Pending sale$530,000$276/sqft
    Source: Bright MLS #PAMC2175088 Report a problem
    4/13/2026Listed for sale$530,000$276/sqft
    Source: Bright MLS #PAMC2175088 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,300 +6.3%$128,610
    2024$4,984 $128,610
    2023$4,984 +7%$128,610
    2022$4,656 +2.7%$128,610
    2021$4,532 +2.1%$128,610
    2020$4,438 +2%$128,610
    2019$4,353 +2.6%$128,610
    2018$4,243 +3.3%$128,610
    2017$4,109 +2%$128,610
    2016$4,027 +2.6%$128,610
    2015$3,924 +1.8%$128,610
    2014$3,854 +1.4%$128,610
    2013$3,802 +1.4%$128,610
    2012$3,748 +2.8%$128,610
    2011$3,646 +2%$128,610
    2010$3,573 +2%$128,610
    2009$3,502 +2.8%$128,610
    2008$3,408 +2.1%--
    2007$3,338 +2.9%--
    2006$3,245 +3%--
    2005$3,150 +1.4%--
    2004$3,105 +3.7%--
    2003$2,993 +6.4%--
    2002$2,814 +2.7%--
    2000$2,740 +5.6%--
    1999$2,595 --
    Find assessor info on the county website

    Neighborhood: 19044

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Keith Valley
    • High: Hatboro-horsham Senior
    • District: Hatboro-horsham

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $517,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $517,100