PRICED TO SELL! MOTIVATED SELLER! LEGAL DUPLEX IN OLNEY – AN EXCELLENT OPPORTUNITY FOR HOMEOWNERS AND INVESTORS! TWO RESIDENTIAL UNITS, ATTACHED GARAGE, BASEMENT & INCOME POTENTIAL! Calling all homebuyers, landlords, contractors, and savvy investors! Discover this legal duplex in Philadelphia's established Olney neighborhood, offering an attractive combination of flexibility, rental income potential, and valuable additional space. Whether you're looking to purchase your first home or expand your investment portfolio, this property deserves your attention! LIVE IN ONE UNIT AND RENT THE OTHER! Why settle for a traditional single-family home when you can own two residential units under one roof? Enjoy the benefits of homeownership while generating rental income to help offset your mortgage and monthly housing expenses. Investors can explore the opportunity to lease both units and establish rental terms aligned with their investment goals. PROPERTY FEATURES: Unit 1 – First Floor: Spacious 2-bedroom, 1-bathroom unit, ideal for an owner-occupant or future tenant. Unit 2 – Second Floor: 1-bedroom, 1-bathroom unit offering additional rental income potential. ADDED VALUE – ATTACHED GARAGE & BASEMENT WITH SEPARATE METERS! The possibilities extend beyond the residential units! The attached garage and basement provide valuable additional space with potential for supplemental rental or storage income, subject to applicable approvals. Ideal for contractors, tradespeople, entrepreneurs, or homeowners seeking convenient storage for tools, equipment, building materials, inventory, and personal belongings without the recurring expense of renting off-site storage space! PROPERTY WILL BE DELIVERED VACANT AT SETTLEMENT! Enjoy the flexibility of taking ownership with both residential units delivered vacant, allowing you to establish your own rental arrangements, select tenants, or occupy one unit while leasing the other. CONVENIENT OLNEY LOCATION! Situated near public transportation, shopping, neighborhood amenities, and major commuting routes, this property offers accessibility and convenience for residents. PRICED TO SELL – OWNER IS MOTIVATED AND WILL CONSIDER SERIOUS OFFERS! With two residential units, an attached garage, basement storage, and flexible ownership options, this property offers an appealing opportunity to build equity and pursue your real estate goals. SCHEDULE YOUR PRIVATE SHOWING TODAY! Interested buyers are encouraged to arrange a private tour and submit their strongest offer for consideration. The seller is motivated and prepared to review serious proposals. Contact us today to explore the possibilities and take the next step toward owning this versatile Olney duplex!
For sale
Price cut: $13.5K (10/9)
$199,000
4922 N 8th St, Philadelphia, PA 19120
3beds
2baths
1,346sqft
Townhouse
Built in 1935
-- sqft lot
$-- Zestimate®
$148/sqft
$-- HOA
What's special
- 319 days
- 159
- 6
Zillow last checked:
Listing updated:
Listed by:
Nestor Colon 215-200-1089,
Eliakim Realty Inc 2676262398
Source: Bright MLS,MLS#: PAPH2562190
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Basement
- Area: 0
Heating
- Hot Water, Radiator, Natural Gas
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,346
- Total interior livable area: 1,346 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage Faces Rear, Attached
- Attached garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,403 Square Feet
- Dimensions: 16.00 x 88.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 491269000
- Zoning: RSA5
- Zoning description: Legal Duplex
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Masonry
- Foundation: Concrete Perimeter
Condition
- Good
- New construction: No
- Year built: 1935
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Olney
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $148/sqft
- Tax assessed value: $175,900
- Annual tax amount: $2,462
- Date on market: 11/24/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$1,566/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/9/2026 | Price change | $199,000-6.4%$148/sqft |
Source: | ||
| 5/30/2026 | Price change | $212,500-5.6%$158/sqft |
Source: | ||
| 4/17/2026 | Listed for sale | $225,000$167/sqft |
Source: | ||
| 1/15/2026 | Contingent | $225,000$167/sqft |
Source: | ||
| 11/24/2025 | Listed for sale | $225,000+111.8%$167/sqft |
Source: | ||
| 9/11/2021 | Sold | $106,250-15%$79/sqft |
Source: Public Record Report a problem | ||
| 1/13/2021 | Listing removed | -- |
Source: | ||
| 10/13/2020 | Pending sale | $125,000$93/sqft |
Source: Coldwell Banker Preferred-Blue #PAPH874524 Report a problem | ||
| 4/22/2020 | Listed for sale | $125,000$93/sqft |
Source: Coldwell Banker Preferred - Blue Bell Office #PAPH874524 Report a problem | ||
| 3/4/2020 | Pending sale | $125,000$93/sqft |
Source: Coldwell Banker Preferred - Blue Bell Office #PAPH874524 Report a problem | ||
| 2/24/2020 | Listed for sale | $125,000$93/sqft |
Source: Coldwell Banker Preferred-Blue #PAPH874524 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,462 +3.7% | $175,900 +3.7% |
| 2024 | $2,375 | $169,700 |
| 2023 | $2,375 +40% | $169,700 |
| 2022 | $1,697 | -- |
| 2021 | $1,697 +7.6% | -- |
| 2018 | $1,576 | -- |
| 2017 | $1,576 +22.8% | -- |
| 2016 | $1,284 | -- |
| 2015 | $1,284 | -- |
| 2014 | $1,284 +4.5% | $91,700 +1099% |
| 2012 | $1,229 | $7,648 |
| 2011 | -- | $7,648 |
| 2010 | -- | $7,648 |
| 2009 | -- | $7,648 |
| 2008 | -- | $7,648 |
| 2007 | -- | $7,648 +7.7% |
| 2006 | -- | $7,104 |
| 2005 | -- | $7,104 |
| 2004 | -- | $7,104 -0.4% |
| 2003 | -- | $7,136 +11.5% |
| 2002 | -- | $6,400 +17.6% |
| 2000 | -- | $5,440 |
| 1999 | -- | $5,440 |
Find assessor info on the county website
Monthly payment
Est. payment




