413 FAIRMOUNT AVENUEPHILADELPHIA, PA 19123

Multi-Family · 4,296 Sq. ft. | 0.04 Acres
$759,000 PENDING

413 FAIRMOUNT AVENUE Overview

Time on Site:
53 days
Visits:
24

This well-maintained triplex in the heart of Northern Liberties offers an income-producing opportunity, blending stable commercial income with highly desirable residential layouts, all while providing a 6% cap rate. The ground floor is occupied by a long-term commercial tenant and features access to both the basement and a private rear yard, along with a separate office space at the rear—adding flexibility and additional functionality to the footprint. The second and third floors each feature thoughtfully designed two-bedroom, two-bathroom residences with an ideal, tenant-friendly layout. Bedrooms are positioned on opposite sides of the unit, creating privacy and balance, while the kitchen and open-concept living and dining areas anchor the center of the home. Each kitchen is equipped with stainless steel GE appliances, abundant cabinetry, granite countertops, and a center island perfect for everyday living and entertaining. Natural light fills both units, complemented by clean finishes and a functional flow that appeals to a wide range of renters. Washer and dryers are discreetly tucked into hallway closets in each apartment, and all utilities, including gas and electricity, are separately metered for convenience and efficiency. The third-floor unit is further enhanced by a private roof deck with sweeping city views—an increasingly sought-after feature that adds meaningful value and tenant appeal. Ideally located with easy access to major highways and just blocks from The Piazza, La Maude, The Random Tea Room, as well as the vibrant offerings of Old City and Fishtown. Whether you're an investor or an owner-occupant, this property is well-positioned for both immediate income and long-term appreciation.

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413 FAIRMOUNT AVENUE Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,296
  • Price/Sq.ft. $177
  • Lot 0.04 Acres

Details

General

Income/Expenses

  • Existing Lease Type: Yearly
  • Gross Income: 75000.00
  • Income Includes: Apartment Rentals,Professional Offices
  • Insurance Expense: 9388.00
  • Maintenance Expense: 1200.00
  • Net Operating Income: 49790.01
  • Operating Expense Includes: Insurance
  • Trash Expense: 500.00

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Pool: No Pool
  • Total SQFT: 4296
  • Year Built: 1936

Location/Region

  • Country: US
  • County: PHILADELPHIA
  • County Or Parish: PHILADELPHIA
  • MLS Area Major: 19123 (19123)

Parking Information

  • Total Parking Spaces: 0
  • Type of Parking: None

Tax Information

  • Tax Annual Amount: $10,282.00
  • Tax Assessed Value: 734500.00
  • Tax Year: 2026

General Information

  • Exclusions: All tenants property.
  • Inclusions: Washers, Dryers, Refrigerator
  • Property Sub Type: Triplex
  • Property Type: Multi-Family
  • Rent Control: No
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2026
  • Zoning: C1

Unit Information

  • Other Units: Unit 1,Unit 2,Unit 3

Interior

Building Information

  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas

Parking Information

  • Garage: No

Building Exterior/Construction

  • Structure Type: Interior Row/Townhouse

Building Interior

  • Above Grade Finished Area: 4296
  • Above Grade Finished Area Source: Estimated
  • Above Grade Finished Area Units: Square Feet
  • Central Air: Yes
  • Hot Water: Natural Gas

General Information

  • Accessibility Features: Entry Slope <1'
  • Cooling: Central A/C
  • Foundation Details: Brick/Mortar
  • Living Area: 4296
  • Living Area Source: Estimated

Unit Information

  • One Bedroom Units Count: 0
  • Single Room Units Count: 0
  • Three Bedroom Units Count: 0
  • Two Bedroom Units Count: 2

Exterior

Lot Information

  • Lot Size Source: Estimated
  • Lot Size Square Feet: 1800.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Traditional
  • Construction Materials: Brick

General Information

  • Number Of Units Leased: 3
  • Number Of Units Mo Mo: 1
  • Number Of Units Total: 3
  • Number Of Units Vacant: 0
  • Other Structures: Above Grade
  • Sewer: Public Sewer
  • Water Access: No

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Total Rent: 2000.00
  • Beds Total: 0
  • Description: Basement access, rear yard, private office

Unit 2 Details

  • Unit Type: Unit 2
  • Total Rent: 2000.00
  • Beds Total: 2
  • Description: Washer, dryer, balcony

Unit 3 Details

  • Unit Type: Unit 3
  • Total Rent: 2250.00
  • Beds Total: 2
  • Description: Washer, dryer, roof deck

413 FAIRMOUNT AVENUE Neighborhood

Community

19123 (PHILADELPHIA) Demographics

33
Median Age
12,843
Population Density (per sq. mile)
65%
College Educated
$77,111
Estimated Median Income
2,531
Estimated Total Home Owners
6,034
Estimated Total Renters
30% / 70%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

413 FAIRMOUNT AVENUE Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

413 FAIRMOUNT AVENUE Market Data

Based on the last 30 days in this zip code

$739,501
Average List Price
$353
Average Price per Square Foot
23
Properties Sold
119
Average Days on Market
152
Properties for Sale
Calculations provided by Reliance Network

413 FAIRMOUNT AVENUE History

Date Event Value Agent
6/30/2026Source: BRIGHT MLS Status Change
PENDING
Marc Hammarberg
Listing Agent
6/15/2026Source: BRIGHT MLS Status Change
PENDING
Marc Hammarberg
Listing Agent
6/12/2026Source: BRIGHT MLS Status Change
ACTIVE UNDER CONTRACT
Marc Hammarberg
Listing Agent
5/22/2026Source: BRIGHT MLS Status Change
ACTIVE UNDER CONTRACT
Marc Hammarberg
Listing Agent
5/14/2026Source: BRIGHT MLS Added to Database
May 14, 2026
Marc Hammarberg
Listing Agent
5/8/2026Source: BRIGHT MLS Added to Database
May 08, 2026
Marc Hammarberg
Listing Agent
12/3/2024Source: BRIGHT MLS Added to Database
August 13, 2021
Listing provided courtesy of BHHS Fox & Roach The Harper at Rittenhouse Square- MLS# PAPH2613916MLS ProviderContact Information: [email protected] - 2155460550