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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