$10,000

closing credit¹

3861 Fairmount Ave Philadelphia, PA 19104

$865,000
4,200 sqft
0.03 acres
$206 / sqft
Multi-Family

Property details

About 3861 Fairmount Ave

UNIT #1 WAS RENTED @ 2100 $. UNIT #2 WAS RENTED @1900$ Welcome to FAIRMOUNT AVE TRIPLEX'' in one of the strongest rental and investment markets. Don't miss the incredible investment opportunity located in walking proximity to Drexel University and UPENN. This triplex offers three (3) luxury condo-style spacious and tastefully designed apartments featuring rustic flooring, stainless-steel appliances, and tons of square footage. Unit #1 is a 3 Bed, 3 Baths WHICH WAS RENTED AT $ 2100. Units #2 is 2 Bed, 2 Baths. Unit# 3 is 2 Bed, 2 Baths AND TOP DECK WAS RENTED @ 1900$. Each unit includes a large open-concept common space, upgraded kitchen, and extremely spacious bedrooms with accompanying closets and bathrooms! Unit 1 is accompanied by a good-size back patio. All units are on their own meter for gas and electric, and each have their own gas furnaces, water heaters, and include washer and dryers. This property is ideal for Drexel students, medical professionals, and university staff due to its proximity to Drexel University and Penn Presbyterian hospital. With an abundance of public transportation as well as the proximity to Downtown PhiladelphiA. This amazing Triplex gets a Walkscore of 87 out of 100, a 62 out of 100 for transit, and 95 out of 100 for the bikers. This property is located near dozens of restaurants, cafes, and bars. There is no shortage of eateries nearby. Along Lancaster Ave, find many different boutiques and stores within a walking distance! This property is not to be missed, contact Philly Home Advisors today to learn more about this incredible investment opportunity! This potential money machine apartment 's predicted income will be about 6000$ in a month. 10 YEARS TAX ABATEMENT is processed and 1 YEAR BUILDER WARRANTY. Opportunity knocks the door for investors !.

Highlights

Home typeTriplex
HeatingForced Air
StatusActive
(ACTIVE)
CoolingCentral Air
Size4,200 sqft
BasementYes
Lot size0.03 Acres
Year builtNew Const., 2024
MLS #PAPH2417566

Summary

  • MLS Number: PAPH2417566
  • MLS Name: BRIGHT
  • Office Name: HomeSmart Realty Advisors
  • Office Phone: (215) 604-1191
  • Office Email: bill@homesmartrealtyadvisors.com
  • Listing Agent: Gazi Ataseven

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 9:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house featuring a porch

$865,000

3861 Fairmount Ave

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 17, 2021
Home Sold
$60,000
Jul 03, 2019
Home Sold
$40,000

Tax history

YearAssessmentProperty Tax
2023$33,900$474
2022$33,900$165
2021$-$1,162
2020$12,600$176
2019$12,600$176
2018$12,600$176
2017$12,600$176

History based on county public records data.

Nearby schools

5

Samuel Powel Elementary School

Public District KG-4

0.5 mi

301 N 36th St

3

Inquiry Charter School

Public Charter PK-5

0.9 mi

1301 Belmont Ave

3

Universal Institute Charter School at Bluford

Public Charter KG-6

2.0 mi

5801 Media St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $25,536. Residents of Philadelphia, PA typically earn less than $<35k each year. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

62%
<35k
36%
35k-100k
2%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

60%
Single, No Kids
24%
Single, with Kids
11%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
8%
12-17 yrs old
24%
18-34 yrs old
43%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Boston MarketBoston Market
  • PopeyesPopeyes

What do the neighbors drive?

  • KiaKia
  • HondaHonda
  • NissanNissan

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 3861 Fairmount Ave in Philadelphia, PA and zip code 19104 in the Mantua neighborhood. This 4,200 square foot home, which was built in 2024, sits on a 0.03 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since November 6, 2024 and is currently priced at $865,000.

Over 152 listings were sold over their listed price in January 2025 in Philadelphia, PA. In the same period over 457 listings were sold below the listed price and 186 listings were sold for the listed price. Between December and January 2025, Philadelphia, PA real estate market has seen increase in the number of listings by 3.5%. In January 2025 median list price was $266,945 and the average listing age was 52 days.

From Rocket Homes Real Estate and based on county public records data.

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