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    1028 W Olney Ave Philadelphia, PA 19141

    For Sale
    $99,999

    MULTI_FAMILY - PHILADELPHIA, PA

    Property size:
    1,274 SF
    Lot size:
    0.04 Acres
    Days on Market:
    77
    Last Refresh:
    Dec 10 at 9:06 am

    Property Features for 1028 W Olney Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Parking features
    On Street
    Size
    1,274 SF
    Lot size
    0.04 Acres

    Building Details

    Year built
    1950
    Number of units
    2
    Building materials
    Masonry

    Elfant Wissahickon REALTORS (215) 247-3600 [email protected]

    Listing agent Tamika Nealy-Farmbry (215) 715-3806 License #RS271195

    Listing date Sep 25, 2025

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Philadelphia Duplex Renovation Opportunity

    This duplex, featuring two one-bedroom units, is available for sale in as-is condition, presenting a complete renovation opportunity. The property, with a total size of 1274 square feet and situated on a 0.04-acre lot, is located within walking distance of the Fern Rock Septa Station in Philadelphia, PA. This property is an investor's special, ideal for a cash sale and a fast settlement. The buyer is responsible for U & O or resale requirements, if applicable, and will pay all transfer taxes. The earnest money deposit must be certified funds. The seller is highly motivated and has not lived in the property. Buyers and their agents are responsible for conducting their own due diligence and verifying all MLS information independently. There is no seller's disclosure, and no repairs will be made. The buyer is responsible for all city certifications, conditional U&O, permits, licenses and HOA documents if applicable.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.13891602
    Latitude
    40.03752136

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    FAQs

    What type of property is this?
    Duplex - Duplex in need of complete renovation, sold as-is, cash sale.
    Where is this duplex located?
    The property is located at 1028 W Olney Ave Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $99,999.
    What are key features of this property?
    This property features: - Duplex with two 1-bedroom units: Ideal for investors seeking rental income potential.; - Total renovation project: Opportunity to customize and increase property value.; - Walking distance to Fern Rock Septa Station: Enjoy convenient access to public transportation.
    (215) 715-3806
    Request Owner's contact information
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    Philadelphia, PA 19141
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1028 W Olney Ave Philadelphia, PA 19141
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