4815 FAIRMOUNT AVE, Philadelphia, PA 19139

• 2,055 sqft

Property Description

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.

Listing Status:

Active

Data Last Updated:

June 14, 2026 at 7:17AM

Listing Office:

Philadelphia Real Estate : 8883560088

Listing Agent:

Paul Edward McManus Jr. : 2674677593

MLS ID:

PAPH2601080

Interior

• Basement: Unfinished
• Flooring: Laminated
• A/C: None
• Heating: Hot WaterNatural Gas
• Disability Feature: None

Exterior

• General: Above GradeBelow Grade
• Style: Traditional

Construction

• Roofing: Unknown
• General: MasonryStone

Location

• Originating MLS: BRIGHT_MAIN
• School District: PHILADELPHIA CITY
• County: PHILADELPHIA-PA

Lot

• Zoning: RSA5441229000
• View: Street

Utilities

• Utilities: Electric availableWater availableNatural gas available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN