3861 Fairmount Ave Philadelphia, PA 19104
Spring Garden NeighborhoodEstimated payment $4,375/month
Total Views
1,902
--
Bed
--
Bath
4,200
Sq Ft
$190
Price per Sq Ft
About This Home
Don’t miss this rare chance to own a high-performing triplex ideally located within walking distance of both Drexel University and the University of Pennsylvania. This well-appointed property features three luxury, condo-style apartments that are spacious, modern, and thoughtfully designed.
Each unit showcases rustic flooring, stainless steel appliances, generous square footage, and stylish finishes. Unit 1 offers 3 bedrooms and 3 bathrooms, complete with a private back patio—ideal for outdoor relaxation. Units 2 and 3 each feature 2 bedrooms and 2 bathrooms, with Unit 3 boasting exclusive access to a private rooftop deck.
Inside, residents enjoy large open-concept living areas, upgraded kitchens, and expansive bedrooms with ample closet space and en-suite bathrooms. All units are individually metered for gas and electric and come equipped with dedicated gas furnaces, water heaters, and in-unit washers and dryers.
Perfectly suited for Drexel students, medical professionals, and university staff, the property is conveniently located near Penn Presbyterian Hospital and benefits from excellent access to public transportation.
Surrounding the property is a vibrant neighborhood filled with cafes, restaurants, bars, boutiques, and other local amenities along Lancaster Avenue—all within easy reach.
This is an outstanding opportunity for investors seeking a strong asset in a high-demand area.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $657
Year Built
- Built in 2024
Lot Details
- 1,440 Sq Ft Lot
- Lot Dimensions are 16.00 x 90.00
Home Design
- 4,200 Sq Ft Home
- Triplex
- Straight Thru Architecture
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Additional Features
- Finished Basement
Community Details
- 3 Units
- University City Subdivision
Listing and Financial Details
- Tax Lot 183
- Assessor Parcel Number 243014800
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 | $475 | $47,000 | $47,000 | -- |
| 2024 | $475 | $47,000 | $47,000 | -- |
| 2023 | $475 | $33,900 | $33,900 | $0 |
| 2022 | $166 | $33,900 | $33,900 | $0 |
| 2021 | $176 | $0 | $0 | $0 |
| 2020 | $176 | $0 | $0 | $0 |
| 2019 | $176 | $0 | $0 | $0 |
| 2018 | $176 | $0 | $0 | $0 |
| 2017 | $176 | $0 | $0 | $0 |
| 2016 | $105 | $0 | $0 | $0 |
| 2015 | $101 | $0 | $0 | $0 |
| 2014 | -- | $7,500 | $7,500 | $0 |
| 2012 | -- | $2,752 | $2,752 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2025 07/08/25 | For Sale | $799,000 | -- | $190 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $60,000 | J&A Abstract Inc | |
| Deed | $40,000 | None Available | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $596,250 | Credit Line Revolving | |
| Closed | $521,000 | Construction |
Source: Public Records
Similar Homes in Philadelphia, PA
Source: Bright MLS
MLS Number: PAPH2513724
APN: 243014800
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