# 1542 FONTAIN Street, Philadelphia, PA 19121

> **TL;DR:** other, $725,000, built 2023.
> A/C. Est. $3,142/mo. Listed 17 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $725,000 |
| Year Built | 2023 |
| Lot Size | 810 sqft (0.02 acres) |
| Property Type | Other (Other) |
| Status | For Sale |
| Days on Market | 17 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,142 |
| **Total** | **$3,142** |

## Key Amenities

- A/C

## Property Highlights

- Built in 2023
- 0.02 acre lot

## Description

### Agent Description
Investor Alert! 24-hour notice required for all showings. New Construction Duplex | Tax Abatement Through 2035 Exceptional opportunity to acquire a fully stabilized, institutional-quality student housing asset just steps from Temple University. Built in 2024, 1542 Fontain Street is a luxury duplex featuring a 3-bed/3-bath unit and a 5-bed/5-bath unit, totaling 8 bedrooms and 8 bathrooms across more than 4,000 square feet. The property is 100% occupied and leased through July 2027, generating $75,600 in annual gross rental income. With modern construction, efficient layouts, and strong in-place cash flow, the asset offers investors immediate yield with minimal operational burden. Designed specifically for the student housing market, both units feature highly desirable 1:1 bedroom-to-bathroom ratios, luxury finishes, central HVAC, in-unit laundry, oversized common areas, and private outdoor space. The lower unit includes a private rear patio, while the upper unit features an exclusive roof deck with skyline views-amenities that consistently drive strong leasing performance and tenant retention. A 10-year tax abatement through 2035 provides a significant ownership advantage, with an estimated remaining tax savings of approximately $80,000. As recent new construction, the property offers minimal near-term capital expenditure requirements and low maintenance costs, enhancing long-term cash flow and investment stability. Located within the Temple University Patrol Zone and just two blocks from main campus, 1542 Fontain benefits from one of Philadelphia's most established off-campus housing markets, characterized by consistent tenant demand, strong occupancy, and proven rent growth. With long-term leases already in place, luxury amenities, and substantial tax advantages, this is a rare opportunity to acquire a turnkey, cash-flowing asset in one of the city's strongest student housing corridors. This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2632718, PAPH2632744, PAPH2635058 and PAPH2635078

## Location

- **Address:** 1542 FONTAIN Street, Philadelphia, PA 19121
- **County:** PHILADELPHIA
- **Neighborhood:** PHILADELPHIA (NORTH)
- **Coordinates:** 39.98432159, -75.15958405
- **Google Maps:** https://www.google.com/maps?q=39.98432159,-75.15958405

## Listing Agent

- **Name:** Michael Coleman
- **Brokerage:** Keller Williams Realty Devon-Wayne
- **Phone:** 4849426266
- **Email:** mikecolemanrealestate@gmail.com

## Primary Photo

![1542 FONTAIN Street - Primary Photo](http://lh.rdcpix.com/13dbc8666efe2977c4667b50bcbab1b8l-f1486444426r.jpg)

*50 total photos available on [listing page](https://www.propertysimple.com/listing/1542-fontain-street-philadelphia-pa-19121-h2631596)*

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**MLS#:** PAPH2631596 | **Updated:** 2026-06-25
**Source:** listhub

*Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1542-fontain-street-philadelphia-pa-19121-h2631596)

---

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