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4815 Fairmount AvenuePhiladelphia, PA 19139

For Sale

$397,000

Smart Buyer Rebate $3,970

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 Philadelphia—an 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 2026—instant, 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 tenant—or 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 everything—and this one delivers. Just a few blocks from the corridors of Lancaster Avenue and Market Street, you’re 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 minutes—ideal 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 façade (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 don’t last—whether you’re building your portfolio or planting roots, this is a smart move in one of West Philly’s most dynamic neighborhoods. Schedule your showing today.

Listed by Paul Edward McManus Jr.

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Philadelphia Real Estate

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2674677593

Last updated May 28, 2026

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Source: BrightMLS #PAPH2601080

Listing Facts

  • TypeMulti-family
  • NeighborhoodMill Creek
  • Days on Prevu19
  • Taxes$3,729/year
  • Size2,055 sqft
  • Price per sqft$193

Location

Mortgage Calculator

Listing History

05/28/2026
Listed by Philadelphia Real Estate
$397,000

Property Details for 4815 Fairmount Avenue

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 2
  • Property Condition: Good
  • Stories Total: 3
  • Year Built: 1925
  • Architectural Style: Traditional
  • Construction Materials: Masonry

Features

  • Other Structures: Above Grade, Below Grade
  • View: Street
  • Waterfront: No

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.03
  • Lot Size Dimensions: 15
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 1,305
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $3,729.00
  • Tax Year: 2026

Interior

Features

  • Fireplace: No
  • Flooring: Laminated
  • Spa: No

Measurements

  • Living Area: 2,055
  • Living Area Source: Assessor

Rooms

  • Basement: Unfinished
  • Has Basement: Yes
  • Rooms Total: 8

Other

Location

  • Subdivision Name: MILL CREEK
  • Tax Lot: 46

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Heating: Hot Water
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Electric Available, Water Available, Natural Gas Available
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 4815 Fairmount Avenue.

What are the annual taxes for 4815 Fairmount Avenue?

Annual taxes for this multi-family home are estimated at $3,729.

How does 4815 Fairmount Avenue compare to other multi-family homes in Mill Creek?

This multi-family home is listed 37% above the average price for multi-family homes in Mill Creek and has been on the market for 76 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 2,055 sqft.

4815 Fairmount Avenue is a -bedroom multi-family home for sale in PHILADELPHIA PA 19139. Available on Prevu for 19 days at $397,000. This home features 2,055 square feet of living space, located in Mill Creek. The median listing price for multi-family homes in this area is $199,949. Browse more multi-family home listings in Philadelphia.

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.