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1,346 sqft

$199,000

4922 N 8TH STREET, PHILADELPHIA PA, 19120

Price per sqft$147.85
Built in1935
Property size1,346 sqft
Property typeMulti-family

Overview

Active

Active-bright

Listed Apr 17, 2026

Updated 7h ago

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!

$1,324/mo

Est. mortgage payment based on a $199,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
PAPH2562190

Interior Features

Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.03 Acres

Other Property Details

Taxes
$2,462
Tax Frequency
Annually
Garage
Yes
MLS provider logo

Listed by Eliakim Realty Inc
Listing Contact: 2152001089 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/9/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Bright MLS, Inc. all rights reserved.

Data last updated on 10/9/2026 at 8:29 AM UTC

 

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