Financial
Distress signals
Property profile

345 Johnson St 53 Philadelphia, PA 19144

OFF-MARKET
Other apartment buildings
Property ID
US73-2334371
34,928 SF 2.11 ac lot Built 1962
Last sale Apr 2025 · $11,999,805
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The Fairmount is a 67-unit multifamily apartment building in Philadelphia, Pennsylvania, located at 345 W Johnson St in the Mt. Airy area. The building includes a mix of studio, one-bedroom, and two-bedroom residences, with unit configurations designed to accommodate a range of apartment layouts within a single asset. The property’s existing setup supports an ongoing renovation program. The surrounding neighborhood provides access to regional employment centers, private schools, single-family residential areas, dining, and entertainment.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$76k
Tax billed · 2023
Assessed value$5.45M
Assessed land$1.63M
Assessed improvement$3.81M
Effective rate1.40%

Value estimate

· Sep 2026
$2.79M
$2.51M – $3.07M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$139/SF
ZIP average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$105 – $237
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RM2
The Residential Multi Family districts are primarily intended to accommodate moderate to high density, multi unit residential buildings i...
General categoryRESIDENTIAL
JurisdictionPHILADELPHIA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.1
HVAC Service12.9
Building Supply12.7

Location

345 Johnson St, Unit 53 Philadelphia, PA 19144-3160
County assessor Recorded deeds · 7 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
301 School House, Philadelphia, PA 19144-3847 $1,044,400 Feb 2026 12,000 SF
5115 Wissahickon, Philadelphia, PA 19144-4067 $8,290,000 Feb 2026 86,000 SF
37 Wister, Philadelphia, PA 19144-5906 $387,000 May 2025 36,869 SF
232 Walnut, Philadelphia, PA 19144-3276 $22,150,000 Jul 2022 112,800 SF
4700 Stenton, Philadelphia, PA 19144-3002 $2,610,000 Mar 2022 28,284 SF
600 Church, Philadelphia, PA 19144-1430 $5,375,000 Feb 2022 34,463 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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