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.
For sale
Price cut: $5.4K (8/31)
$244,500
429 W Ashdale St, Philadelphia, PA 19120
4beds
2,112sqft
Townhouse
Built in 1930
1,920 Square Feet Lot
$243,100 Zestimate®
$116/sqft
$-- HOA
What's special
Additional studio unitsWell-maintained building
- 153 days
- 177
- 9
Zillow last checked:
Listing updated:
Listed by:
Joey Fang 215-869-8636,
Canaan Realty Services INC 2153331826,
Co-Listing Agent: Xin Chen 917-660-5958,
Canaan Realty Services INC
Source: Bright MLS,MLS#: PAPH2605974
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
- Main level bedrooms: 4
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- None, Natural Gas
Appliances
- Included: Gas Water Heater
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,112
- Total interior livable area: 2,112 sqft
- Finished area above ground: 2,112
- Finished area below ground: 0
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Doors
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 1,920 Square Feet
- Dimensions: 20.00 x 96.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 422185500
- Zoning: RSA5
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Straight Thru
- Property subtype: Townhouse
Materials
- Masonry
- Foundation: Brick/Mortar
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Olney (east)
HOA
- Has HOA: No
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $116/sqft
- Tax assessed value: $207,500
- Annual tax amount: $2,904
- Date on market: 4/9/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
$243,100
$231,000 - $255,000
$2,588/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2026 | Price change | $244,500-2.2%$116/sqft |
Source: | ||
| 4/9/2026 | Listed for sale | $249,900-2%$118/sqft |
Source: | ||
| 3/28/2026 | Listing removed | $255,000$121/sqft |
Source: | ||
| 11/29/2025 | Price change | $255,000-7.9%$121/sqft |
Source: | ||
| 11/6/2025 | Price change | $277,000-3.5%$131/sqft |
Source: | ||
| 8/14/2025 | Listed for sale | $287,000+362.9%$136/sqft |
Source: | ||
| 4/14/2017 | Listing removed | $62,000$29/sqft |
Source: CENTURY 21 Advantage Gold #6911814 Report a problem | ||
| 2/24/2017 | Pending sale | $62,000$29/sqft |
Source: CENTURY 21 Advantage Gold #6911814 Report a problem | ||
| 1/13/2017 | Listed for sale | $62,000-61%$29/sqft |
Source: CENTURY 21 Advantage Gold #6911814 Report a problem | ||
| 11/29/2011 | Listing removed | $159,000$75/sqft |
Source: Owner Report a problem | ||
| 10/6/2011 | Price change | $159,000-3.6%$75/sqft |
Source: Owner Report a problem | ||
| 10/1/2011 | Listed for sale | $165,000+3.2%$78/sqft |
Source: Owner Report a problem | ||
| 9/2/2010 | Listing removed | $159,900$76/sqft |
Source: Prudential Fox Roach Report a problem | ||
| 8/3/2010 | Listed for sale | $159,900$76/sqft |
Source: Prudential Fox Roach Report a problem | ||
| 6/18/2009 | Listing removed | $159,900$76/sqft |
Source: Postlets Report a problem | ||
| 6/12/2009 | Listed for sale | $159,900$76/sqft |
Source: Postlets Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Olney
Nearby schools
Schools provided by the listing agent
- District: The School District Of Philadelphia
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





