
1939 Fontain St Philadelphia, PA 19121
North Philadelphia West NeighborhoodEstimated payment $1,593/month
About This Home
This spacious duplex featuring two 2-bedroom, 1-bathroom units is a prime investment opportunity in the heart of North Philadelphia. Whether you're a first-time homebuyer looking to live in one unit and rent out the other, or a seasoned investor adding to your portfolio, this property checks all the boxes.
Both units are in good condition, with modern layouts and only a few updates needed to maximize rental income and equity growth.
Previously rented for $1700/month with the potential of reaching $2100/month with updates, the property's proximity to Temple University also makes it ideal for student housing. Unit 1 offers two bedrooms, one full bathroom, open kitchen living space , access to a private backyard, and an unfinished basement for extra storage with laundry hook up. Unit 2 mirrors the same 2-bed, 1-bath layout with generous living space, kitchen, and great natural light throughout with laundry hook up. This is a low-maintenance, high-potential property that qualifies for FHA(203K)loans or 3% down conventional financing, plus potential grant options to help reduce out-of-pocket costs.
Conveniently located near Broad Street and Temple University, with easy access to public transportation, this property offers urban living with strong rental demand. Don’t miss your chance to secure a cash-flowing asset in a growing area.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,751
Year Built
- Built in 1920
Lot Details
- 1,140 Sq Ft Lot
- Lot Dimensions are 15.00 x 76.00
- Property is in good condition
Parking
- On-Street Parking
Home Design
- 1,414 Sq Ft Home
- Duplex
- A-Frame Home
- Brick Foundation
- Masonry
Utilities
- Electric Baseboard Heater
- Natural Gas Water Heater
Community Details
- 2 Units
- Temple University Subdivision
Listing and Financial Details
- Tax Lot 52
- Assessor Parcel Number 321175300
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $3,751 | $268,000 | $53,600 | $214,400 |
2024 | $3,751 | $268,000 | $53,600 | $214,400 |
2023 | $3,751 | $268,000 | $53,600 | $214,400 |
2022 | $2,835 | $268,000 | $53,600 | $214,400 |
2021 | $2,835 | $0 | $0 | $0 |
2020 | $2,835 | $0 | $0 | $0 |
2019 | $2,094 | $0 | $0 | $0 |
2018 | $0 | $0 | $0 | $0 |
2017 | $1,379 | $0 | $0 | $0 |
2016 | $1,379 | $0 | $0 | $0 |
2015 | -- | $0 | $0 | $0 |
2014 | -- | $71,000 | $7,255 | $63,745 |
2012 | -- | $17,920 | $1,792 | $16,128 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/17/2025 04/17/25 | Price Changed | $235,000 | -6.0% | $166 / Sq Ft |
03/27/2025 03/27/25 | For Sale | $250,000 | +16.3% | $177 / Sq Ft |
05/08/2023 05/08/23 | Sold | $215,000 | -6.5% | $189 / Sq Ft |
03/27/2023 03/27/23 | Pending | -- | -- | -- |
03/06/2023 03/06/23 | For Sale | $229,980 | 0.0% | $202 / Sq Ft |
01/15/2018 01/15/18 | Rented | $800 | 0.0% | -- |
01/15/2018 01/15/18 | Under Contract | -- | -- | -- |
01/09/2018 01/09/18 | For Rent | $800 | 0.0% | -- |
03/21/2017 03/21/17 | Rented | $800 | 0.0% | -- |
03/21/2017 03/21/17 | Under Contract | -- | -- | -- |
02/08/2017 02/08/17 | For Rent | $800 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $215,000 | None Listed On Document | |
Deed | $52,500 | None Available | |
Deed | $13,000 | None Available | |
Deed | $2,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $12,942 | FHA | |
Open | $211,105 | FHA |
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Source: Bright MLS
MLS Number: PAPH2462578

APN: 321175300
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