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About This Home

This 0-bedroom, 0-bathroom residential multi family at 327 N PRESTON Street in PHILADELPHIA, PA is listed for $498,000 ($252 per sqft). Built in 1915, the home offers 1,980 sqft of living space on a 0.04 acres lot.

Agent Description

Located just blocks from the transformational UCity Square project, this well-positioned two-unit property offers a unique blend of immediate income potential and long-term upside in the heart of University City. Whether you're an investor seeking strong rental demand or an owner-occupant looking to offset your mortgage, this versatile property delivers.

The building features two spacious units (a 2-bedroom and a 4-bedroom) each with comfortable, functional layouts, in-unit washer/dryer, and separate utilities. The first-floor unit offers an open living and dining area, a full kitchen, two generously sized bedrooms, and access to a basement, rear deck, and expansive backyard ideal for everyday living and outdoor enjoyment.

The second-floor unit features four bedrooms and two full bathrooms, along with an open-concept living and dining space, high ceilings, and a private deck, making it equally well-suited for shared living or a larger household. Conveniently located just steps from the Market-Frankford Line, the property provides easy access to Center City, Fishtown, West Philadelphia, and 30th Street Station.

Surrounded by neighborhood shops, dining, and major institutions like the University of Pennsylvania, Drexel University, and Penn Presbyterian Hospital, the location supports both strong tenant demand and an exceptional quality of life. With continued growth and development throughout University City, this is an opportunity to secure a property that works for you today and into the future.

Owner-occupants may also benefit from low down payment financing options for multi-unit properties, adding to the overall appeal. Schedule your tour and explore the possibilities this property has to offer.

Key Features

  • Built in 1915
  • 0.04 acre lot

Property Details

1915

Amenities

A/C

Monthly Cost Estimate

$2,663/mo

20% down · 6.5% · 30 years

Principal$360
Interest$2,158
Insurance$145

Estimates only. Actual payments may vary.

Location

327 N PRESTON Street

PHILADELPHIA, PA 19104

Features & Amenities

Interior Features

2nd KitchenWood Floors

Property Details

Construction

Masonry

Parking

On Street

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 327 N PRESTON Street is listed at $498,000 ($252/sqft). The estimated monthly payment is $2,158 based on 20% down at 6.5% interest.

Key features include: Built in 1915, 0.04 acre lot. Interior Features: 2nd Kitchen, Wood Floors.

This property is listed by Peter van der Vlugt and can be reached at 4844318821 or peter.v@compass.com.

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PV

Peter van der Vlugt

Agent at Compass Pennsylvania, LLC

(484) 431-8821

Listed by Compass Pennsylvania, LLC

MLS# PAPH2602850· Source: listhub· Updated 3 days ago

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

327 N PRESTON Street, PHILADELPHIA, PA 19104

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