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Two-Unit Duplex with In-Unit Laundry

1616 FONTAIN STREET, Philadelphia, PA 19121

For Sale
New
$365,000

Both residences offer three bedrooms, two bathrooms, central heating and cooling, and hardwood floors.

Property Size2,619 SF
Days on Market7

Property Features for 1616 FONTAIN STREET

General Information

Standard status Active
Size 2,619 SF
Property subtype Duplex
Occupancy 100%

Site & Location

Neighborhood North Philadelphia
Public Transit Yes

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $5,218

Amenities

central AC/central heat
hardwood floors
in-unit laundry

Building Details

Building Size 2,619 SF
Year Built 1915
Buildings 1
Listing Agency: RE/MAX One Realty - TCDT
Listed By: Neil P Dessecker · License PA RS325498
Source: Lizclarkrealestate
Added: Nov 8 Changed: Nov 13 Last Checked: Nov 12 at 3:30PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX One Realty - TCDT

Rey
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Investment Insights

Based on property information with market context.

This legal duplex, built in 1915, contains two residences, each configured with three bedrooms and two bathrooms. Both units have central air conditioning and heat, hardwood flooring, and in-unit laundry. The building is described as being in good condition and is fully rented.

The property is on Fontain Street in Philadelphia, south of Diamond Street and near Broad Street. The Broad Street Line subway is three blocks away, and bus routes serve the surrounding area. Grocery shopping and other everyday errands are accessible on foot.

Key Highlights

  • Two units, each with 3 bedrooms and 2 bathrooms
  • Built in 1915
  • Central air conditioning and heat in both residences

Property Analytics

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Open Analytics

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

2,067
Businesses Nearby

Demographics for 19121, PA

41,799
Population
19,673
Households
2.1
Avg Household Size
28
Median Age
25%
College-Educated
84%
High-School Grad
2.4 sq mi
ZIP Area
17,416
Density / Sq Mi
$36,208
Median Household Income
$29,915
Median Earnings
$1,082
Median Rent
$250,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in Philadelphia, PA

$215 Jul
$206 Aug
$206 Sep
$202 Oct

Properties on Market for Duplexes in Philadelphia

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences offer three bedrooms, two bathrooms, central heating and cooling, and hardwood floors.
Where is this duplex located?
The property is located at 1616 FONTAIN STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Two units, each with 3 bedrooms and 2 bathrooms; Built in 1915; Central air conditioning and heat in both residences
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