Three-Unit Residential
For Sale
$550,000
1625 Fontain Street, Philadelphia, PA 19121
Three separately configured units provide a varied bedroom and bathroom mix near Temple University.
Property Size2,613 SF
Price / SF$210.49
Days on Market265
Property Features for 1625 Fontain Street
General Information
Standard status
Active
Size
2,613 SF
Property subtype
Multi-Family / Fee Simple
Zoning
RM1
Units
Unit Mix
1 x 4BR/3BA, 1 x 3BR/2BA, 1 x 2BR/1BA
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$2,035
Amenities
No
No Pool
Above Grade, Below Grade
Building Details
Year Built
2016
Listing Agency:
Coldwell Banker Realty
Listed By:
Karl J Klotzbach · License #RS311630
(484) 363-3657
Source:
Compass
Added: Dec 11, 2025
Changed: Aug 29
Last Checked: Mar 25 at 5:29PM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
Built in 2016, this three-unit residential property offers a combined 4-bed, 3-bath unit, 3-bed, 2-bath unit, and 2-bed, 1-bath unit. The property includes above-grade and below-grade space and is identified with RM1 zoning. Interior features are listed as none, and the exterior includes no pool.
The property is located at 1625 Fontain Street in Philadelphia, within MLS Area 19121 and near the center of Temple University. It is part of the Philadelphia City School District and situated in Philadelphia County.
The property is located at 1625 Fontain Street in Philadelphia, within MLS Area 19121 and near the center of Temple University. It is part of the Philadelphia City School District and situated in Philadelphia County.
Key Highlights
- Three‑unit property with a 4 bed 3 bath unit, 3 bed 2 bath unit, and 2 bed 1 bath unit
- Built in 2016
- RM1 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$44,591
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.11%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$891,820
$891.8K
Cap Rate 7%
$637,014
$637.0K
Cap Rate 9%
$495,456
$495.5K
Market Conditions
NOI Build-Up for 2,613 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$67.4K $25.80/SF
− Vacancy
−$3.7K −$1.42/SF
EGI
$63.7K $24.38/SF
− OpEx
−$19.1K −$7.31/SF
NOI
$44.6K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$891,820
Cap Rate 7%
$637,014
Cap Rate 9%
$495,456
Alternative Uses
Best Use
Multifamily LT 5
$637.0K
$557.4K – $743.2K
NOI $44,591 @ 7.0% cap · market cap 8.11%
Second Best
Apartment 5plus
$587.2K
$513.8K – $685.0K
NOI $41,101 @ 7.0% cap · market cap 7.47%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,067
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three separately configured units provide a varied bedroom and bathroom mix near Temple University.
Where is this triplex located?
The property is located at 1625 Fontain Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Three‑unit property with a 4 bed 3 bath unit, 3 bed 2 bath unit, and 2 bed 1 bath unit; Built in 2016; RM1 zoning
