Skip main navigation
For sale
  • $759,000

    3861 Fairmount Ave, Philadelphia, PA 19104

    7beds
    4,200sqft
    : 
    $5,044/mo
    Get pre-qualified
    Townhouse
    Built in 2024
    1,440 Square Feet Lot
    $-- Zestimate®
    $181/sqft
    $-- HOA

    What's special

    Private rear patioLuxury condo-grade apartmentsIn-unit laundryElevated finishesOpen layoutsRustic flooringEn-suite bathrooms
    FULLY LEASED TURNKEY TRIPLEX WITH HIGH CAP RATE & TAX ABATEMENT An exceptional opportunity to acquire a fully occupied, high-yielding multi-family property situated in a premier Philadelphia rental corridor, mere steps from Drexel University and the University of Pennsylvania. Boasting immediate cash flow, an advantageous tax abatement, and an ideal location near Penn Presbyterian Hospital, this asset delivers everything investors seek: strong yield, superior condition, and sustained appreciation potential. PROPERTY & UNIT HIGHLIGHTS This modern triplex offers three luxury, condo-grade apartments designed with open layouts, elevated finishes, rustic flooring, and modern kitchens with stainless steel appliances. Unit 1: 3 Bedrooms / 3 Bathrooms with a private rear patio. Unit 2: 2 Bedrooms / 2 Bathrooms. Unit 3: 2 Bedrooms / 2 Bathrooms with exclusive access to a private rooftop deck. INVESTOR-FRIENDLY UTILITIES & OPERATION Each residence is equipped with individual HVAC and water heating systems, in-unit laundry, en-suite bathrooms, and separate meters for gas and electricity. This independent utility setup minimizes operational overhead and simplifies management. LOCATION & DEMAND Located within walking distance of higher education institutions, medical centers, public transit, and the dining, retail, and nightlife along Lancaster Avenue, this property maintains strong tenant demand among students, faculty, and healthcare professionals. Fully tenanted with a 2-year history of reliability, this turnkey investment provides immediate income, tax benefits, and long-term stability.
    4 days
    54
    4

    Zillow last checked:

    Listing updated:

    Listed by:

    Haci Kose 856-246-7408,

    RE/MAX Preferred - Cherry Hill 8566162626

    Source: Bright MLS,MLS#: PAPH2675924MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 7
      • Full bathrooms: 7
      • Main level bathrooms: 3
      • Main level bedrooms: 3
      Basement
      • Area: 0
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Gas Water Heater
      Features
      • Basement: Finished
      • Has fireplace: No
      Interior area
      • Total structure area: 4,200
      • Total interior livable area: 4,200 sqft
      • Finished area above ground: 4,200
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: None
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Three
      • Stories: 3
      • Pool features: None
      Lot
      • Size: 1,440 Square Feet
      • Dimensions: 16.00 x 90.00
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 243014800
      • Zoning: RSA5
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Straight Thru
      • Property subtype: Townhouse
      Materials
      • Mixed
      • Foundation: Other
      Condition
      • Excellent
      • New construction: No
      • Year built: 2024

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: University City
      HOA
      • Has HOA: No
      Location
      • Region: Philadelphia
      • Municipality: PHILADELPHIA

      Financial & listing details

      • Price per square foot: $181/sqft
      • Tax assessed value: $47,000
      • Annual tax amount: $657
      • Date on market: 9/30/2026
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,736/mo

        Price history

        DateEventPrice
        9/30/2026Listed for sale$759,000-8%$181/sqft
        Source: Bright MLS #PAPH2675924 Report a problem
        8/24/2026Listing removed$825,000$196/sqft
        Source: Bright MLS #PAPH2513724 Report a problem
        8/17/2026Price change$825,000+10.1%$196/sqft
        Source: Bright MLS #PAPH2513724 Report a problem
        7/22/2026Price change$749,000-2.1%$178/sqft
        Source: Bright MLS #PAPH2513724 Report a problem
        6/18/2026Price change$765,000-0.6%$182/sqft
        Source: Bright MLS #PAPH2513724 Report a problem
        4/29/2026Listed for sale$770,000-0.6%$183/sqft
        Source: Bright MLS #PAPH2513724 Report a problem
        4/10/2026Listing removed$1,800
        Source: Zillow Rentals Report a problem
        4/7/2026Listed for rent$1,800
        Source: Zillow Rentals Report a problem
        2/6/2026Listing removed$1,800
        Source: Zillow Rentals Report a problem
        9/23/2025Price change$775,000-3%$185/sqft
        Source: Bright MLS #PAPH2513724 Report a problem
        9/6/2025Listed for rent$1,800
        Source: Zillow Rentals Report a problem
        7/8/2025Listed for sale$799,000-9.2%$190/sqft
        Source: Bright MLS #PAPH2513724 Report a problem
        4/16/2025Listing removed$880,000$210/sqft
        Source: Bright MLS #PAPH2449728 Report a problem
        4/8/2025Price change$880,000+6.7%$210/sqft
        Source: Bright MLS #PAPH2449728 Report a problem
        2/27/2025Listed for sale$825,000$196/sqft
        Source: Bright MLS #PAPH2449728 Report a problem
        2/26/2025Listing removed$825,000$196/sqft
        Source: Bright MLS #PAPH2417566 Report a problem
        2/26/2025Price change$825,000-2.4%$196/sqft
        Source: Bright MLS #PAPH2417566 Report a problem
        2/16/2025Price change$845,000-1.2%$201/sqft
        Source: Bright MLS #PAPH2417566 Report a problem
        2/2/2025Price change$855,000-1.2%$204/sqft
        Source: Bright MLS #PAPH2417566 Report a problem
        11/6/2024Listed for sale$865,000-1.1%$206/sqft
        Source: Bright MLS #PAPH2417566 Report a problem
        8/25/2024Listing removed$875,000$208/sqft
        Source: Bright MLS #PAPH2313704 Report a problem
        8/6/2024Price change$875,000-0.6%$208/sqft
        Source: Bright MLS #PAPH2313704 Report a problem
        6/22/2024Price change$880,000-0.6%$210/sqft
        Source: Bright MLS #PAPH2313704 Report a problem
        5/24/2024Price change$885,000-0.6%$211/sqft
        Source: Bright MLS #PAPH2313704 Report a problem
        4/23/2024Listed for sale$890,000+1383.3%$212/sqft
        Source: Bright MLS #PAPH2313704 Report a problem
        3/17/2021Sold$60,000+50%$14/sqft
        Source: Public Record Report a problem
        7/3/2019Sold$40,000$10/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$658 +38.6%$47,000 +38.6%
        2024$475 $33,900
        2023$475 +169.1%$33,900
        2022$176 --
        2021$176 --
        2018$176 --
        2017$176 --
        2016$176 --
        2015$176 --
        2014$176 +75.5%$7,500 +172.5%
        2012$101 $2,752
        2011-- $2,752
        2010-- $2,752
        2009-- $2,752
        2008-- $2,752 +681.8%
        2007-- $352 +10%
        2006-- $320
        2005-- $320
        2004-- $320
        2003-- $320
        2002-- $320
        2000-- $320
        1999-- $320
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Mantua

        Getting around

        55 / 100
        Somewhat Walkable
        63 / 100
        Good Transit
        87 / 100
        Very Bikeable

        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.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts