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3861 Fairmount AvenuePhiladelphia, PA 19104

For Sale

$799,000

Smart Buyer Rebate $7,990

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.

Listed by Ben Hooson-Jones

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License #RS341171

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KW Empower

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6103689041

Last updated July 08, 2025

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Source: BrightMLS #PAPH2513724

Listing Facts

  • TypeMulti-family
  • NeighborhoodMantua
  • Days on Prevu62
  • Taxes$657/year
  • Size4,200 sqft
  • Price per sqft$190

Location

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Listing History

07/08/2025
Listed by KW Empower
$799,000

Property Details for 3861 Fairmount Avenue

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 3
  • Year Built: 2024
  • Architectural Style: Straight Thru
  • Construction Materials: Mixed

Features

  • Other Structures: Above Grade, Below Grade
  • Waterfront: No

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.03
  • Lot Size Dimensions: 16
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 1,440
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $657.00
  • Tax Year: 2024

Interior

Features

  • Fireplace: No

Measurements

  • Living Area: 4,200
  • Living Area Source: Estimated

Rooms

  • Basement: Fully Finished
  • Has Basement: Yes

Other

Location

  • Subdivision Name: UNIVERSITY CITY
  • Tax Lot: 183

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Cooling: Central A/C
  • Heating: Forced Air
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.