327 N Preston Street
Philadelphia, PA, 19104 $ 498,000
Bedrooms2 Baths0.0 Monthly Estimate*
$ 3,066
for $498,000 with 2 bedrooms. This home was built in 1915.
Located just blocks from the transformational UCity Square project, this well-positioned two-unit property offers a unique blend of immediate income potential and long-term upside in the heart of University City. Whether you're an investor seeking strong rental demand or an owner-occupant looking to offset your mortgage, this versatile property delivers. The building features two spacious units (a 2-bedroom and a 4-bedroom) each with comfortable, functional layouts, in-unit washer/dryer, and separate utilities. The first-floor unit offers an open living and dining area, a full kitchen, two generously sized bedrooms, and access to a basement, rear deck, and expansive backyard ideal for everyday living and outdoor enjoyment. The second-floor unit features four bedrooms and two full bathrooms, along with an open-concept living and dining space, high ceilings, and a private deck, making it equally well-suited for shared living or a larger household. Conveniently located just steps from the Market-Frankford Line, the property provides easy access to Center City, Fishtown, West Philadelphia, and 30th Street Station. Surrounded by neighborhood shops, dining, and major institutions like the University of Pennsylvania, Drexel University, and Penn Presbyterian Hospital, the location supports both strong tenant demand and an exceptional quality of life. With continued growth and development throughout University City, this is an opportunity to secure a property that works for you today and into the future. Owner-occupants may also benefit from low down payment financing options for multi-unit properties, adding to the overall appeal. Schedule your tour and explore the possibilities this property has to offer.
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FeaturesGeneralLiving Area 1980
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Settlement
Roof Rubber
Zoning RSA5
Architectural Style Other
Construction Materials Masonry
School District THE SCHOOL DISTRICT OF PHILADELPHIA
Year Built 1915
Property Subtype Duplex
Tax Year 2026
Ownership Fee Simple
Cool Fuel Natural Gas
Municipality PHILADELPHIA
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade
Total Rooms 11
Status ACTIVE
Directions GPS
City PHILADELPHIA
Number Of Units Total 2
MLS Area 19104 (19104)
Lot Size Units Square Feet
Lot Size Square Feet 1600.00
Tax Annual Amount 7960.0
Property Condition Good
Two Bedroom 1
Structure Type Interior Row/Townhouse
Price Per Sq Ft Total AG 251.52
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Tax Lot 135
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InteriorInterior Amenities 2nd Kitchen Wood Floors
Heating Fuel Natural Gas
Basement Combination Connecting Stairway Outside Entrance Partially Finished
Flooring Carpet Hardwood
Hot Water Natural Gas
Total Stories 3
Basement (Y/N) Y
Heating Y/N Y
Central Air Y/N Y
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ExteriorPool No Pool
Parking Features Public
Water Source Public
Inclusions All existing appliances and systems
Type of Parking On Street
Foundation Details Other
Water View Y/N N
Lot Size Acres 0.00
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 113740.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByCompass Pennsylvania, LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $3,066
- Monthly Property Taxes
- $663
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Philadelphia, PA
Average List Price $567,133
Percent of Sale Price 14%
About Philadelphia, PA 1,588,239 Population
5% Since 2002
$ 42,223 Median Income
36 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
3533249 Elementary School
3533189 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/3/2026 | $498,000 | | Listed Price |