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4922 N 8TH StreetPhiladelphia, PA 19120

For Sale

$199,000

Smart Buyer Rebate - Ask

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!

Listed by Nestor F Colon

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License #RM422846

·

Eliakim Realty Inc

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2152001089

Last updated October 25, 2026

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Source: Bright #PAPH2562190

Listing Facts

  • TypeMulti-family
  • NeighborhoodOlney
  • Days on Prevu341
  • Taxes$2,462/year
  • Size1,346 sqft
  • Price per sqft$148

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/09/2026
Price Decreased
$199,000
05/30/2026
Price Decreased
$212,500
04/17/2026
Status changed to Active
$225,000
01/15/2026
Status changed to In Contract
$225,000
11/24/2025
Listed by Eliakim Realty Inc
$225,000
  1. 10/09/2026$199,000
    Price Decreased
  2. 05/30/2026$212,500
    Price Decreased
  3. 04/17/2026$225,000
    Status changed to Active
  4. 01/15/2026$225,000
    Status changed to In Contract
  5. 11/24/2025$225,000
    Listed by Eliakim Realty Inc

Property Details for 4922 N 8TH Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 2
  • Property Condition: Good
  • Year Built: 1935
  • Architectural Style: Traditional
  • Construction Materials: Masonry

Features

  • Other Structures: Above Grade, Below Grade
  • Waterfront: No

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.03
  • Lot Size Dimensions: 16
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 1,403
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $2,462.00
  • Tax Year: 2025

Interior

Features

  • Fireplace: No

Measurements

  • Living Area: 1,346
  • Living Area Source: Assessor

Rooms

  • Basement: Full
  • Has Basement: Yes

Other

Location

  • Subdivision Name: OLNEY
  • Tax Lot: 216

Parking

Parking

  • Garage Spaces: 1
  • Garage: Yes

Utilities

Equipment

  • Heating: Hot Water, Radiator
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 4922 N 8TH Street.

Does this multi-family home have parking?

Yes, there is 1 parking space available for 4922 N 8TH Street.

What are the annual taxes for 4922 N 8TH Street?

Annual taxes for this multi-family home are estimated at $2,462.

How does 4922 N 8TH Street compare to other multi-family homes in Olney?

This multi-family home is listed 42% below the average price for multi-family homes in Olney and has been on the market for 252 more days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 1,346 sqft.

4922 N 8TH Street is a -bedroom multi-family home for sale in PHILADELPHIA PA 19120. Listed on Prevu for 341 days at $199,000. This includes a recent price decrease of $13,500. This residence features 1,346 square feet of living space, located in Olney. The median listing price for multi-family homes in this area is $222,500. The home offers parking. Browse more multi-family home listings in Philadelphia.

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright BRIGHT, All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.