421 W Grange Ave Philadelphia, PA 19120
Olney NeighborhoodEstimated payment $2,055/month
About This Home
Welcome to 421 W Grange Ave, a beautifully maintained multi-family property in a vibrant section of Olney. This property offers attractive modern renovations with solid investment potential. Making it a fantastic income opportunity or a spacious residence for extended families.
This legal duplex has a total of 3 renovated apartments with potential to legitimize the basement unit. For year-round comfort, they are both equipped with central heating and cooling. The ground floor unit is newly remodeled with 3 beds and 1.5 baths all stylishly updated. The chic kitchen offers a gas range, stainless fridge, built in microwave and loads of cabinet space. With huge open concept living/dining space flooded with natural light and air flow via multiple windows and ceiling fan. The three bedrooms are all nicely sized with the back bedroom having a designated half bath. The 2nd floor unit has 2 beds and 1 bath and is currently rented through January 2026. Both units provide ample space for comfortable living with notably contemporary designed finishes and fixtures.
The property also boasts a fully renovated basement apartment, offering additional income potential. Parking is a breeze with a large garage with roll down door and private parking space. Plus large concreate slab at the back of the property with finishing potential. This property hosts solid income, future profitability and appreciation.
Located steps from the thriving commercial corridor on North 5th Street. Multiple walkable amenities like shopping and restaurants galore. A two block walk to Fisher Park's basketball and tennis courts, playground and picnic areas.
This modernized multi-family gem is a rare find. Whether you're looking for a comfortable home or a smart investment, this property offers ample possibilities. Don't miss out on the opportunity to own this exceptional residence in a thriving community.
Listing Agent
(610) 745-3211 matt.aragona@compass.com Compass RE License #2293844 Listed on: 05/22/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,551
Year Built
- Built in 1953
Lot Details
- 2,500 Sq Ft Lot
- Lot Dimensions are 25.00 x 100.00
Parking
- On-Street Parking
Home Design
- 1,885 Sq Ft Home
- Duplex
- Straight Thru Architecture
- Masonry
Utilities
- 90% Forced Air Heating System
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 58
- Assessor Parcel Number 612070300
Community Details
Overview
- 2 Units
Building Details
- 2 Vacant Units
- Trash Expense $500
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,698 | $253,700 | $50,740 | $202,960 |
| 2024 | $1,698 | $253,700 | $50,740 | $202,960 |
| 2023 | $1,698 | $121,300 | $24,260 | $97,040 |
| 2022 | $1,698 | $121,300 | $24,260 | $97,040 |
| 2021 | $1,239 | $0 | $0 | $0 |
| 2020 | $1,239 | $0 | $0 | $0 |
| 2019 | $1,152 | $0 | $0 | $0 |
| 2018 | $1,869 | $0 | $0 | $0 |
| 2017 | $1,869 | $0 | $0 | $0 |
| 2016 | $1,869 | $0 | $0 | $0 |
| 2015 | $1,789 | $0 | $0 | $0 |
| 2014 | -- | $133,500 | $16,634 | $116,866 |
| 2012 | -- | $17,216 | $3,997 | $13,219 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/19/2025 08/19/25 | Pending | -- | -- | -- |
| 07/14/2025 07/14/25 | Price Changed | $330,000 | -2.9% | $175 / Sq Ft |
| 05/22/2025 05/22/25 | For Sale | $340,000 | +772.6% | $180 / Sq Ft |
| 02/24/2017 02/24/17 | Sold | $38,964 | +30.3% | $21 / Sq Ft |
| 11/28/2016 11/28/16 | Pending | -- | -- | -- |
| 11/21/2016 11/21/16 | For Sale | $29,900 | -- | $16 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $540,000 | Alpert Abstartc Llc | |
| Deed | $38,964 | None Available | |
| Deed | $36,000 | None Available | |
| Deed | $89,999 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $81,000 | Credit Line Revolving | |
| Previous Owner | $71,950 | Commercial |
Source: Bright MLS
MLS Number: PAPH2483856
APN: 612070300
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