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 November 21, 2025
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Source: BrightMLS #PAPH2513724
Listing Facts
TypeMulti-family
NeighborhoodMantua
Days on Prevu158
Taxes$657/year
Size4,200 sqft
Price per sqft$185
Location
Mortgage Calculator
Listing History
09/23/2025
Price Decreased
$775,000
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
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 3861 Fairmount Avenue.
What are the annual taxes for 3861 Fairmount Avenue?
Annual taxes for this multi-family home are estimated at $657.
How does 3861 Fairmount Avenue compare to other multi-family homes in Mantua?
This multi-family home is listed 37% below the average price for multi-family homes in Mantua and has been on the market for 23 more days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 4,200 sqft.
3861 Fairmount Avenue is a -bedroom multi-family home for sale in PHILADELPHIA PA 19104. Available on Prevu for 158 days at $775,000. This includes a recent price decrease of $24,000. This residence features 4,200 square feet of living space, located in Mantua. The median listing price for multi-family homes in this area is $339,500. Browse more multi-family home listings in Philadelphia.
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