4815 FAIRMOUNT AVE, Philadelphia, PA 19139

• 2,055 sqft

Property Description

Excellent investment opportunity at 4815 Fairmount Avenue in West Philadelphia! Offered at $365,000 OBO, this legally zoned duplex is a fully occupied, income producing property, perfect for investors looking to expand their portfolios with an established rental asset. The upper unit features 3 bedrooms and 2 full bathrooms, currently leased at $1,825 per month, while the lower unit offers 1 bedroom and 1 full bathroom, leased at $1,115 per month to a dependable long term tenant who has occupied the property for six years. Both units have reliable tenants with excellent payment histories, consistently paying rent on time without issues. Generating $2,940 in monthly rental income and $35,280 annually, this property offers immediate rental revenue without the hassle of securing new tenants. The owner has completed several renovations, and both units feature electric heating, individual washers and dryers, and appliances included with the sale. Conveniently situated in an established West Philadelphia rental market, the property provides easy access to public transportation, shopping, restaurants, and University City, making it an attractive location for renters. Whether you're a seasoned investor or just beginning to build your real estate portfolio, this property offers consistent rental income, established tenancy, and long term appreciation potential. Don't miss your opportunity to acquire an already performing multifamily investment! Showings require advance notice as both units are tenant occupied.

Listing Status:

Active

Date Added:

October 21, 2026

Data Last Updated:

October 27, 2026 at 1:20PM

Listing Office:

Prime Realty Partners : 2157709496

Listing Agent:

Cree McGee : 3024837912

MLS ID:

PAPH2681616

Interior

• Appliances: WasherDryer
• Laundry: Has LaundryDryer In UnitWasher In Unit
• Basement: Poured concrete
• A/C: None
• Heating: Hot WaterNatural Gas
• Disability Feature: None

Exterior

• General: Above GradeBelow Grade
• Style: Straight Thru

Construction

• General: MasonryPermanent

Location

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

Lot

• Zoning: RSA5 W/ 2-FAMILY VARIANCE441229000

Utilities

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

Financial

• Source: BRIGHT_MAIN
• Exclusions: Tenant belongings