About 429 W Ashdale St
Located in the desirable Olney section of Northeast Philadelphia, this income-producing multifamily property is a fantastic addition to any investor’s portfolio. The property currently generates strong rental income of approximately $900, $800, and $1,000 per month, offering immediate cash flow. This well-maintained building features: First Unit: 2 bedrooms Second Unit: 3 bedrooms Additional Studio Units Each unit is equipped with separate heat and electric meters, allowing tenants to pay their own utilities and helping maximize your net return. Conveniently situated near shopping, public transportation, schools, and major roadways, this property offers both strong rental demand and long-term appreciation potential.
Features of 429 W Ashdale St
| MLS® # | PAPH2605974 |
|---|---|
| Price | $244,500 |
| Bedrooms | 4 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 2,112 |
| Acres | 0.04 |
| Year Built | 1930 |
| Type | Residential |
| Sub-Type | Interior Row/Townhouse |
| Style | Straight Thru |
| Status | Active |
Community Information
| Address | 429 W Ashdale St |
|---|---|
| Area | 19120 |
| Subdivision | OLNEY (EAST) |
| City | PHILADELPHIA |
| County | PHILADELPHIA-PA |
| State | PA |
| Municipality | PHILADELPHIA |
| Zip Code | 19120 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | 90% Forced Air |
|---|---|
| Cooling | None |
| Has Basement | Yes |
| Basement | Full |
| Fireplace | No |
| Stories | 2 |
Exterior
| Construction | Masonry |
|---|---|
| Foundation | Brick/Mortar |
School Information
| District | THE SCHOOL DISTRICT OF PHILADELPHIA |
|---|
Additional Information
| Date Listed | April 9th, 2026 |
|---|---|
| Days on Market | 154 |
| Zoning | RSA5 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Canaan Realty Services INC |
|---|---|
| Contact Info | 2153331826 |