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Renovated Duplex with Income Potential

326 Fountain Street, Philadelphia, PA 19128

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For Sale

$425,000

Corner duplex with renovated unit and income-generating potential.

Type:Multi-Family / Fee Simple

Property size:

1,757 SF

Price / SF:

$241/SF

HighLights

Projected rental income of $3200 or higher per month.
Fully renovated 3‑bedroom, 2‑bathroom bi‑level apartment.
Large fenced‑in yard.
Garage that can be rented out for additional income.
Opportunity to live in one unit and rent the other.
Corner duplex property.

We can help!

Listing Contact

Scott F Gullaksen

Learn more

For Sale

$425,000

Corner duplex with renovated unit and income-generating potential.

Type:Multi-Family / Fee Simple

Property size:

1,757 SF

Price / SF:

$241/SF

Added:: Sep 6, 2025
Days on Market:: 282
Last Refresh:: Mar 13 at 5:06 pm

Property Features for 326 Fountain Street

General Information

Standard status: Active
Size: 1,757 SF
Property subtype: Multi-Family / Fee Simple

Building Details

Year Built: 1915

We can help!

Listing Contact

Scott F Gullaksen

Listing agent Scott F Gullaksen License #RS285055

Listing office KW Greater West Chester

Listing date Sep 6, 2025

Source Compass

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of KW Greater West Chester

HighLights

Projected rental income of $3200 or higher per month.
Fully renovated 3‑bedroom, 2‑bathroom bi‑level apartment.
Large fenced‑in yard.
Garage that can be rented out for additional income.
Opportunity to live in one unit and rent the other.
Corner duplex property.

Overview

This corner duplex presents an investment opportunity with the potential to generate $3200 or higher per month. The first-floor apartment, featuring one bedroom, currently rents for $900 per month, which is below market value for the area. The bi-level apartment on the second and third floors has three bedrooms and two full bathrooms and has been recently renovated. It includes new vinyl plank flooring on the main floor and new carpet in the bedrooms, along with a new kitchen featuring an exposed brick accent wall. Additional features include a large fenced-in yard, a sunroom, and a garage that could be rented out. The property is located in Philadelphia, specifically within the 19128 area. The property size is 1757 square feet.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$45.3k	$25.80
− Vacancy	−$2.5k	−$1.42
EGI	$42.8k	$24.38
− OpEx	−$12.8k	−$7.31
NOI	$30.0k	$17.06

1,757 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$428.3K

$374.8K – $499.7K (±1% cap)

NOI $29,983 @ 7.0% cap · market cap 7.05%

Second Best

Apartment 5plus

$394.8K

$345.5K – $460.6K (±1% cap)

NOI $27,637 @ 7.0% cap · market cap 6.50%

Theoretical Best

—

same as Best Use

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: Philadelphia
County: Delaware
State: Pennsylvania
Longitude: -75.2252282
Latitude: 40.0372772

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For sale
Duplexes
PA
Philadelphia
19128
326 Fountain Street

What type of property is this?

Duplex - Corner duplex with renovated unit and income-generating potential.

Where is this duplex located?

The property is located at 326 Fountain Street Philadelphia, PA.

What is the asking price?

The asking price for this property is $425,000.

What are key features of this property?

This property features: Projected rental income of $3200 or higher per month.; **Fully renovated 3‑bedroom, 2‑bathroom bi‑level apartment.**; Large fenced‑in yard.