Attention investors and developers! This spacious 2,453 sq ft, 3-story twin home in Olney offers incredible potential under Philadelphia’s "RTA-1 zoning" — a residential zoning classification that permits multi-family conversions (by right or with variance, please do your due diligence) in certain cases, making this an ideal opportunity for creating income-generating rental units or a multi-family investment. The property features 4 large bedrooms and 2 full baths, two private balconies, an eat-in kitchen with balcony access, and an open living/dining area that lends itself to flexible reconfiguration. The basement spans the full length of the house and offers high ceilings, providing excellent space for added storage, a recreation area, or potential expansion. Plus, a new HVAC system has already been installed, giving peace of mind on major mechanicals. Located near La Salle University, Girls’ High, and Central High, this property is ideally positioned to attract student renters, faculty, or local professionals. With a rear driveway and garage, plus easy access to public transportation and area highways, you have all the ingredients for a high-demand rental or long-term investment. Don’t miss this prime opportunity to unlock value and maximize returns in one of Philadelphia’s growing neighborhoods!
For sale
$260,000
5737 N Park Ave, Philadelphia, PA 19141
4beds
2,453sqft
Est.:
Single Family Residence
Built in 1945
3,821 Square Feet Lot
$257,100 Zestimate®
$106/sqft
$-- HOA
What's special
Rear driveway and garageNew hvac systemEat-in kitchenPrivate balconiesAdded storage
- 116 days
- on Zillow |
- 157 |
- 8 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: May 06, 2025 at 01:55pm
Listed by:
Shawn Marie Freeman 484-854-0075,
Realty One Group Restore - Collegeville (215) 828-5330
Source: Bright MLS,MLS#: PAPH2478218

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 4
Basement
- Area: 0
Heating
- Hot Water, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Oven/Range - Gas, Gas Water Heater
Features
- Floor Plan - Traditional, Eat-in Kitchen
- Doors: Sliding Glass
- Windows: Replacement
- Basement: Garage Access,Interior Entry,Exterior Entry,Rear Entrance,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,453
- Total interior livable area: 2,453 sqft
- Finished area above ground: 2,453
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway, On Street, Off Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Three
- Stories: 3
- Pool features: None
Lot
- Size: 3,821 Square Feet
- Dimensions: 25.00 x 153.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 493228500
- Zoning: RTA1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: AirLite
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Masonry
- Foundation: Stone
- Roof: Rubber
Condition
- Good
- New construction: No
- Year built: 1945
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Sewer Available, Water Available, Natural Gas Available
Community & HOA
Community
- Subdivision: Olney
HOA
- Has HOA: No
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $106/sqft
- Tax assessed value: $339,100
- Annual tax amount: $4,746
- Date on market: 5/5/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Exclusions: All Personal Items In The Property
- Ownership: Fee Simple
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