4815 Fairmount Avenue
Philadelphia, PA, 19139 $ 397,000
Bedrooms4 Baths0.0 Monthly Estimate*
$ 2,444
for $397,000 with 4 bedrooms. This home was built in 1925 on a lot size of 0.03.
Spacious Duplex in Mill Creek Ideal for Owner-Occupant or Investor Welcome to this spacious and versatile duplex located in the vibrant Mill Creek section of West Philadelphiaan ideal opportunity for savvy investors or owner-occupants looking to offset their mortgage while building long-term wealth. This well-maintained property features two distinct units: Unit 1 (First Floor): A thoughtfully updated 1-bedroom, 1-bath apartment with a long-term tenant in place, currently generating $1,115/month with a lease secured through the end of 2026instant, reliable cash flow from day one. Unit 2 (Second & Third Floors): Is a bright and expansive bi-level unit offering 3 bedrooms and 2 full bathrooms. Recently vacant and previously rented for $1,800/month, this unit is turnkey and ready for a new tenantor perfect for an owner-occupant seeking space and style. Whether you choose to live in one unit and rent the other or fully lease both for maximum income, this property delivers flexibility to match your strategy. Location is everythingand this one delivers. Just a few blocks from the corridors of Lancaster Avenue and Market Street, youre surrounded by local shops, trendy cafes, and everyday conveniences. Commuting is effortless with quick access to the Market-Frankford Line at 46th Street Station, getting you into Center City in minutesideal for anyone. Enjoy the best of city living with a high walk score in the 80s, meaning most daily errands can be accomplished without a car. Outdoor enthusiasts will love being close to multiple green spaces perfect for recreation, weekend unwinding, and community events. Property Highlights: Newer roof (2024), newer interior paint throughout (within the last 24 months), new water heater in Unit 1 (April 2025), newer water heater in Unit 2 (past 3-5 years), newer furnaces (within the last 8 years), new stucco (April 2025), new rear vinyl siding (2024), freshly painted front faade (2025), renovated kitchen and modernized bathroom in Unit 1 (2024), new bathroom flooring in Unit 2. Surrounded by schools, parks, dining, and public transit, this property checks all the boxes for both lifestyle and investment potential. Opportunities like this dont lastwhether youre building your portfolio or planting roots, this is a smart move in one of West Phillys most dynamic neighborhoods. Schedule your showing today.
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FeaturesGeneralLiving Area 2055
Sewer Public Sewer
Heating Hot Water
Cooling None
Utilities Electric Available Water Available Natural Gas Available
Possession 61-90 Days CD
Roof Unknown
Zoning RSA5
Architectural Style Traditional
Construction Materials Masonry
School District PHILADELPHIA CITY
Year Built 1925
View Street
Property Subtype Duplex
Tax Year 2026
Ownership Fee Simple
Cool Fuel None
Municipality PHILADELPHIA
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Multi-Family
Subdivision Name MILL CREEK
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Total Rooms 8
Status ACTIVE
Directions Use GPS
City PHILADELPHIA
Number Of Units Total 2
MLS Area 19139 (19139)
Lot Size Units Square Feet
Lot Size Square Feet 1305.00
Number of Units Leased 1
Tax Annual Amount 3729.0
Property Condition Good
Two Bedroom 0
Structure Type End of Row/Townhouse
Price Per Sq Ft Total AG 193.19
Acceptable Financing Cash Conventional FHA USDA VA
Rent Control Y/N N
Vacation Rental Y/N N
Location Type Urban
Lease Type Yearly
Standard Status Active
Year Built Source Assessor
Tax Lot 46
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InteriorHeating Fuel Natural Gas
Basement Unfinished
Flooring Laminated
Hot Water Natural Gas
Total Stories 3
Furnished Units None
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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ExteriorPool No Pool
Water Source Public
Inclusions Appliances
Type of Parking On Street
Foundation Details Stone
Spa N
Water View Y/N N
Lot Dimensions 15.00 x 87.00
Lot Size Acres 0.03
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 53280.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByPhiladelphia Real EstateBroker
pmj_appraisals@comcast.netEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,444
- Monthly Property Taxes
- $311
- 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 $547,480
Percent of Sale Price 38%
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.
4835660 Elementary School
4835659 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/28/2026 | $397,000 | | Listed Price |