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Backup Offers

3834 Fairmount Ave, Philadelphia, PA, 19104

$259,999

Home List Price

$3,087*

Closing Credit

0 Baths
1,635 SqFt
$159/SqFt
Multi

Location

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3834 Fairmount Ave, Philadelphia$259,999

Buyer Closing Credits

$3,087*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOn Street
Year Built1915
HeatingBaseboard
CoolingWindow Unit(s)
MLS #PAPH2421250
Lot Size0.03 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 3834 Fairmount Ave

Both Triplexes Just Repriced! 3834 and 3836 Fairmount present a rare opportunity to own two side-by-side triplexes in the up-and-coming Mantua neighborhood of West Philly. Located near U Penn and Drexel, this area is seeing rapid development with new construction and vacant lots, making it a prime location for long-term investment and potential for quick appreciation.These triplexes need some additional upgrades, but the current owner has already started renovations, so you can step in and finish the work. The first floor unit is a 2-bedroom, 1-bath unit includes basement and backyard access. It’s the largest unit in the building, with a living room and two bedrooms separated by the kitchen. The current tenant handles on-site repairs in exchange for reduced rent and is willing to stay. The second floor features a renovated 1-bedroom, 1-bath unit with a smaller kitchen and a large bedroom. It also features new vinyl flooring and fresh paint. The renovated bathroom can be accessed through the hallway. The layout is unique and could be redesigned to improve rental value or left as is—your choice. The third unit is on the 3rd floor and has a 1-bedroom, 1-bath unit has a large kitchen and bathroom but needs some TLC. New flooring, and a bathroom and kitchen redesign could bring the unit up to market standards and increase rental income. The dry basement includes utilities, extra storage space, and the potential to add a washer/dryer, which could increase rental income for the first-floor unit. The backyard could is a blank slate for any future owner. This triplex offers great potential for appreciation and rental income, making it a solid investment for the right buyer. Take a look!

Property Details

Property Features

Property Information:

  • Architectural Style: Victorian, Dwelling with Rental
  • Year Built: 1915
  • Living Area: 1,635 SqFt

Listing Office:

  • Office Name: Elfant Wissahickon-Rittenhouse Square
  • Office Phone: (215) 893-9920
  • Listing Agent: Katherine Vail

Interior Features

Interior Information:

  • Flooring Type: Hardwood, Laminated, Solid Hardwood, Tile/Brick, Vinyl, Wood

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: Please use GPS

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $259,999
  • Price Per SqFt: $159/SqFt

Tax Information:

  • Annual Amount: $1,256
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

Med. Sold Price

$265.3K

Med. Price/SqFt

$200

Avg. Days On Market

45

# of Sold Homes

946

3834 Fairmount Ave vs Philadelphia

32 DAYS ON ROCKET

-13 Days

$259,999

-$5.3K Less

$159/SqFt

-$42 Less

KEY TAKEAWAY

This property is $5.3K less than the Median Sold Price and $42/SqFt less than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2421250

Listing Office:

  • Office Name: Elfant Wissahickon-Rittenhouse Square
  • Office Phone: (215) 893-9920
  • Listing Agent: Katherine Vail

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/23/2024, 5:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 18, 2014Home Sold
$25,637

Tax History

YEARPROP. TAXASSESSMENT
2020$1,256 -
2019$1,209$86,400
2018$1,047$74,800
2017$1,047$74,800

History based on county public records data.

Payment Calculator

$1,365

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$846

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1143519
5
/10
  • Samuel Powel Elementary School

  • 301 N 36th St

  • 0.45 miles

  • Public District Grades KG-4

school-card-donut-1143520
3
/10
  • Inquiry Charter School

  • 1301 Belmont Ave

  • 0.97 miles

  • Public Charter Grades PK-5

school-card-donut-1143521
3
/10
  • Universal Institute Charter School at Bluford

  • 5801 Media St

  • 2.06 miles

  • Public Charter Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,536. The majority of Philadelphia, PA residents have income less than $35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesPennsylvaniaPhiladelphia CountyPhiladelphia191043834 Fairmount Ave

This home is located at 3834 Fairmount Ave in Philadelphia, PA and zip code 19104 in the Mantua neighborhood. This 1,635 square foot home, which was built in 1915, sits on a 0.03 acre lot. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $259,999.

In November 2024 more than 219 listings in Philadelphia, PA were sold above the asking price. During the same period more than 204 listings were sold at asking price, while more than 523 were sold below. In November 2024 in Philadelphia, PA there were 1.8% more homes for sale than in October 2024. In November 2024 median list price was $265,372 and the average listing age was 45 days.

From Rocket Homes Real Estate and based on county public records data.

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