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323 S OLIVE STREET, Media, PA, 19063
Renovated Twin Home with Backyard

323 S OLIVE STREET Media, PA 19063

For Sale
$620,000
Pending

SINGLE_FAMILY - MEDIA, PA

Property Size1,640 SF
Days on Market30

Property Features for 323 S OLIVE STREET

General Information

Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
3
Rooms
Bedroom 1, Bedroom 3, Bedroom 2
Standard status
Pending
Size
1,640 SF

Building Details

Year built
1893
Listing Agency: BHHS Fox & Roach At the Harper Rittenhouse Square
Listed By: Nicolas Romolini
Added: Jun 24 Changed: Jul 23 Last Checked: Jul 23 at 10:06PM
MLS# PADE2116998

Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

323 S Olive St is a newly listed, fully renovated twin home with a landscaped exterior on a corner location. A covered open front porch leads into an open living and dining layout with an inviting gas fireplace, a powder room, and floor-to-ceiling bookcases. The remodeled kitchen features crisp white cabinetry, an original restored butler’s pantry, quartz countertops, a center island, and stainless appliances, with a restored butler’s pantry adding character and a center island supporting day-to-day meal prep and entertaining.

The second level offers three bedrooms, with two of them presented as potential primary bedrooms, along with a hall bath finished with marble walls, a walk-in custom-tiled shower, quartz countertops, and custom tile floors. The home also includes additional lower-level bonus rooms accessed from the kitchen area, including a multi-purpose room with closets and shelving, an adjoining larger room with a second newer tiled full bath, a walk-in closet, and utility areas.

Outside, the privately created backyard is described as a key feature, with mature plantings and a usable outdoor space. The property also highlights improvements including newer roof (2019), newer Anderson windows, repointed brick exterior, and Fujitsu heating and air systems with individual climate controls, along with an oak-focused interior finish package.

Key Highlights

  • 1893‑built twin home with 3 bedrooms and multiple finished levels
  • Fully remodeled kitchen with restored butler's pantry, quartz countertops, center island, and Breville stainless appliances
  • Two full baths plus a powder room; hall bath features a custom‑tiled walk‑in shower and quartz counters

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $29.5k $18.00
− Vacancy −$3.8k −$2.34
EGI $25.7k $15.66
− OpEx −$7.7k −$4.70
NOI $18.0k $10.96
1,640 SF · lease $18.00/SF/yr · vacancy 13.01% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$256.8K
$224.7K – $299.6K (±1% cap)
NOI $17,976 @ 7.0% cap · market cap 2.90%
Second Best
Apartment 5plus
$234.9K
$205.5K – $274.0K (±1% cap)
NOI $16,440 @ 7.0% cap · market cap 2.65%
Theoretical Best
Office A
$497.2K
$435.1K – $580.1K (±1% cap)
NOI $34,806 @ 7.0% cap · market cap 5.61%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Daycare Center Big Box & Wholesale Store Catering Service (Bike/Boat/Book/etc) Store Home Appliance Store (Bike/Boat/Book/etc) Store Barber Shop Bakery Cosmetic Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Newly renovated twin home on a landscaped corner lot with an outdoor backyard space and multiple remodeled interior levels.
Where is this duplex located?
The property is located at 323 S OLIVE STREET Media, PA.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: 1893‑built twin home with 3 bedrooms and multiple finished levels; Fully remodeled kitchen with restored butler's pantry, quartz countertops, center island, and Breville stainless appliances; Two full baths plus a powder room; hall bath features a custom‑tiled walk‑in shower and quartz counters
More about this property
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