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Coming soon 04/08
  • $498,000

    327 N Preston St, Philadelphia, PA 19104

    6beds
    3baths
    1,980sqft
    : 
    Townhouse
    Built in 1915
    -- sqft lot
    $450,700 Zestimate®
    $252/sqft
    $-- HOA

    What's special

    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.
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    Zillow last checked: 7 hours ago

    Listing updated: April 02, 2026 at 01:26pm

    Listed by:

    Peter van der Vlugt 484-431-8821,

    Compass RE 2674358015

    Source: Bright MLS,MLS#: PAPH2602850MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air, Natural Gas
      Appliances
      • Included: Gas Water Heater
      Features
      • 2nd Kitchen
      • Flooring: Carpet, Hardwood, Wood
      • Basement: Combination,Connecting Stairway,Exterior Entry,Partially Finished
      • Has fireplace: No
      Interior area
      • Total structure area: 1,980
      • Total interior livable area: 1,980 sqft

      Property

      Parking
      • Parking features: Public, On Street
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Pool features: None
      Lot
      • Size: 1,600 Square Feet
      Details
      • Additional structures: Above Grade
      • Parcel number: 061182400
      • Zoning: RSA5
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Townhouse
      Materials
      • Masonry
      • Foundation: Other
      • Roof: Rubber
      Condition
      • Good
      • New construction: No
      • Year built: 1915
      • Major remodel year: 2019

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Philadelphia
      • Municipality: PHILADELPHIA

      Financial & listing details

      • Price per square foot: $252/sqft
      • Tax assessed value: $568,700
      • Annual tax amount: $7,960
      • Date on market: 4/8/2026
      • Listing agreement: Exclusive Right To Sell
      • Inclusions: All Existing Appliances And Systems
      • Ownership: Fee Simple
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        Estimated market value

        $450,700

        $397,000 - $509,000

        $2,703/mo

        Price history

        Price history
        DateEventPrice
        12/29/2023Listing removed--
        Source: Bright MLS #PAPH2234218 Report a problem
        11/13/2023Price change$499,000-2%$252/sqft
        Source: Bright MLS #PAPH2234218 Report a problem
        9/19/2023Price change$509,000-3%$257/sqft
        Source: Bright MLS #PAPH2234218 Report a problem
        9/12/2023Listed for sale$525,000$265/sqft
        Source: Bright MLS #PAPH2234218 Report a problem
        9/4/2023Listing removed--
        Source: Bright MLS #PAPH2234218 Report a problem
        8/3/2023Price change$525,000-0.9%$265/sqft
        Source: Bright MLS #PAPH2234218 Report a problem
        6/26/2023Listed for sale$529,900$268/sqft
        Source: Bright MLS #PAPH2234218 Report a problem
        6/16/2023Listing removed$529,900$268/sqft
        Source: Bright MLS #PAPH2234218 Report a problem
        5/24/2023Listed for sale$529,900+14%$268/sqft
        Source: Bright MLS #PAPH2234218 Report a problem
        10/5/2019Listing removed$465,000$235/sqft
        Source: KW Philly South #PAPH826936 Report a problem
        8/22/2019Listed for sale$465,000+1.1%$235/sqft
        Source: Keller Williams Philly #PAPH826952 Report a problem
        6/19/2019Listing removed$459,900$232/sqft
        Source: KW Philly South #PAPH716764 Report a problem
        6/1/2019Price change$459,900+5.7%$232/sqft
        Source: KW Philly South #PAPH716764 Report a problem
        5/29/2019Price change$435,000-5.4%$220/sqft
        Source: KW Philly South #PAPH716764 Report a problem
        5/15/2019Price change$459,900+2.2%$232/sqft
        Source: KW Philly South #PAPH716764 Report a problem
        5/3/2019Price change$449,900-2.2%$227/sqft
        Source: KW Philly South #PAPH716764 Report a problem
        4/13/2019Pending sale$459,900$232/sqft
        Source: KW Philly South #PAPH716764 Report a problem
        3/14/2019Price change$459,900-1.1%$232/sqft
        Source: KW Philly South #PAPH716764 Report a problem
        3/2/2019Price change$464,900-3.1%$235/sqft
        Source: KW Philly South #PAPH716764 Report a problem
        2/14/2019Listed for sale$479,900+247.8%$242/sqft
        Source: Keller Williams Philly #PAPH716768 Report a problem
        10/29/2018Listing removed$2,475$1/sqft
        Source: Zillow Rental Manager Report a problem
        10/16/2018Price change$2,475-0.6%$1/sqft
        Source: Zillow Rental Manager Report a problem
        9/21/2018Price change$2,490-1.4%$1/sqft
        Source: Zillow Rental Manager Report a problem
        8/23/2018Listed for rent$2,525$1/sqft
        Source: Zillow Rental Manager Report a problem
        5/1/2009Listing removed$138,000$70/sqft
        Source: Listhub #5426790 Report a problem

        Public tax history

        Public tax history
        Tax history is unavailable.

        BuyAbility℠ payment

        Est. payment
        $2,816/mo
        Principal & interest
        $2426
        Property taxes
        $390
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          Climate risks

          Neighborhood: West Powelton

          Getting around

          86 / 100
          Very Walkable
          90 / 100
          Rider's Paradise
          98 / 100
          Biker's Paradise

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • District: The School District Of Philadelphia

          Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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