1524 Fontain St Philadelphia, PA 19121
North Philadelphia West NeighborhoodEstimated payment $1,856/month
Total Views
618
--
Bed
--
Bath
1,560
Sq Ft
$183
Price per Sq Ft
Highlights
- Popular Property
- More Than Two Accessible Exits
- Central Heating and Cooling System
- Midcentury Modern Architecture
About This Home
Welcome to 1524 Fontain Street, a turn-key, high-performing investment property located in the prime Temple University area—just a 2-minute walk to main campus. This fully renovated, legally zoned property was updated in 2016 and is a true cash cow, offering incredible rental income potential with 0% vacancy under the current ownership. The property has been legally rezoned to accommodate four separate leases, making it a rare and valuable find for serious investors.
Inside, you’ll find four spacious bedrooms, a convenient half bath on the main floor, and two full bathrooms on the second floor, providing plenty of space and comfort for tenants. The fully finished basement adds additional living or storage space, along with central air conditioning and basement laundry—highly desirable features for student renters. With rental income reaching up to $2,400 per lease, this property offers strong, steady cash flow from day one.
Whether you're a seasoned investor or just entering the market, 1524 Fontain Street is a rare opportunity to own a legally zoned, consistently leased property in one of Philadelphia’s most in-demand rental corridors. Walkable to campus, public transportation, and local amenities—this is an investment you don’t want to miss.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,776
Year Built
- Built in 1915 | Remodeled in 2016
Lot Details
- 812 Sq Ft Lot
- Lot Dimensions are 14.00 x 58.00
Parking
- On-Street Parking
Home Design
- Quadruplex
- Midcentury Modern Architecture
- Contemporary Architecture
- Traditional Architecture
- Brick Foundation
- Concrete Perimeter Foundation
- Masonry
Interior Spaces
- 1,560 Sq Ft Home
- Finished Basement
- Interior Basement Entry
Accessible Home Design
- Doors are 32 inches wide or more
- More Than Two Accessible Exits
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- 4 Units
- Temple University Subdivision
Listing and Financial Details
- Tax Lot 218
- Assessor Parcel Number 321026600
Map
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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 | $3,469 | $269,800 | $53,900 | $215,900 |
| 2024 | $3,469 | $269,800 | $53,900 | $215,900 |
| 2023 | $3,469 | $247,800 | $49,560 | $198,240 |
| 2022 | $3,469 | $247,800 | $49,560 | $198,240 |
| 2021 | $3,469 | $0 | $0 | $0 |
| 2020 | $3,469 | $0 | $0 | $0 |
| 2019 | $3,354 | $0 | $0 | $0 |
| 2018 | $1,750 | $0 | $0 | $0 |
| 2017 | $1,750 | $0 | $0 | $0 |
| 2016 | $1,548 | $0 | $0 | $0 |
| 2015 | $2,170 | $0 | $0 | $0 |
| 2014 | -- | $175,000 | $6,496 | $168,504 |
| 2012 | -- | $2,784 | $390 | $2,394 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/05/2025 09/05/25 | For Sale | $285,000 | 0.0% | $183 / Sq Ft |
| 08/18/2025 08/18/25 | Rented | $1,950 | 0.0% | -- |
| 08/06/2025 08/06/25 | Under Contract | -- | -- | -- |
| 06/24/2025 06/24/25 | Price Changed | $1,950 | -2.3% | $2 / Sq Ft |
| 04/14/2025 04/14/25 | Price Changed | $1,995 | -0.3% | $2 / Sq Ft |
| 04/03/2025 04/03/25 | Price Changed | $2,000 | -9.1% | $2 / Sq Ft |
| 03/19/2025 03/19/25 | Price Changed | $2,200 | -2.2% | $2 / Sq Ft |
| 03/10/2025 03/10/25 | Price Changed | $2,250 | +12.5% | $2 / Sq Ft |
| 03/10/2025 03/10/25 | For Rent | $2,000 | 0.0% | -- |
| 07/31/2023 07/31/23 | Rented | $2,000 | 0.0% | -- |
| 07/25/2023 07/25/23 | Price Changed | $2,000 | -9.1% | $2 / Sq Ft |
| 07/20/2023 07/20/23 | Price Changed | $2,200 | -8.3% | $2 / Sq Ft |
| 06/05/2023 06/05/23 | For Rent | $2,400 | 0.0% | -- |
| 08/01/2021 08/01/21 | Rented | $2,400 | 0.0% | -- |
| 04/18/2021 04/18/21 | Under Contract | -- | -- | -- |
| 04/14/2021 04/14/21 | Off Market | $2,400 | -- | -- |
| 03/22/2021 03/22/21 | For Rent | $2,400 | 0.0% | -- |
| 12/02/2019 12/02/19 | Rented | $2,400 | 0.0% | -- |
| 11/06/2019 11/06/19 | Under Contract | -- | -- | -- |
| 10/28/2019 10/28/19 | Price Changed | $2,400 | +4.3% | $2 / Sq Ft |
| 10/25/2019 10/25/19 | For Rent | $2,300 | 0.0% | -- |
| 10/04/2019 10/04/19 | Off Market | $2,300 | -- | -- |
| 08/21/2019 08/21/19 | Price Changed | $2,300 | -4.2% | $2 / Sq Ft |
| 08/05/2019 08/05/19 | For Rent | $2,400 | -- | -- |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $135,000 | Land Services Usa Inc | |
| Deed | $265,000 | None Available | |
| Deed | $85,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $300,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $159,425 | Construction |
Source: Public Records
Similar Homes in Philadelphia, PA
Source: Bright MLS
MLS Number: PAPH2534990
APN: 321026600
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