Neighborhood · 19125
Fishtown has seen enormous change in the last 10 years, and a lot of long-time homeowners are deciding it's time to cash out. If you've owned a rowhome between Frankford Avenue and the river for 20+ years and you're thinking about selling, we'll make you a fair cash offer that reflects today's market.
Where & What
Fishtown is bounded roughly by Girard Avenue, Frankford Avenue, Norris Street, and the Delaware River. Fifteen years ago it was mostly working-class Polish and Irish families. Today it's one of the most changed neighborhoods in Philadelphia, with new construction on nearly every block.
Long-term homeowners who bought on Almond Street or Gaul Street in the 1970s for under $30,000 now have houses worth $300,000 or more. Many are deciding to cash out, move to the suburbs or down south, and take the equity.
Housing Stock
Fishtown housing stock is mostly 2-story and 3-story brick rowhomes built between 1890 and 1925. Typical sizes run 900 to 1,500 square feet. Most have 2-3 bedrooms and 1-1.5 bathrooms.
Condition varies a lot. The houses that have been held by the same family for 30+ years often need full gut renovations — new kitchens, new baths, plumbing, electrical, and sometimes roofs. Repair budgets on the Fishtown houses we buy typically run $45,000 to $85,000.
Who Calls Us
The dominant seller pattern in Fishtown is long-term owners cashing out. Families who bought decades ago are watching the neighborhood change and deciding the equity is worth more to them than the familiarity.
The second pattern is inherited homes. Parents who owned Fishtown rowhomes for 40+ years passed away, and adult children (often now living outside Philly) have a house they don't know what to do with.
The third is divorce. Fishtown has a lot of 2-adult households and when a divorce hits, both parties often want a clean, fast sale rather than a drawn-out listing process.
Offer Math
Fishtown ARVs are among the highest in the neighborhoods we buy in. A fully-renovated 3-bedroom rowhome on Palmer or Belgrade Street can sell for $475,000+. A smaller 2-bedroom on Frankford Avenue hits $360,000.
Our typical Fishtown offer runs $140,000 to $240,000 cash depending on ARV and condition. The fact that these houses need deep renovations is exactly why our formula leaves the offer where it does — the contractor can easily eat $70,000-$100,000 fixing one up.
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Fishtown Questions
Yes. That's one of the most common calls we get. We work with estate executors, administrators, and probate lawyers. We just need proof that you (or whoever is selling) has legal authority to sign — usually Letters of Administration from the Register of Wills.
For most Fishtown houses in good condition, listing with an agent will get you more money — often $40,000-$80,000 more after commissions. Our offers make sense when the house needs heavy work, or when you need to close fast, or when you don't want to sit through months of showings.
Yes. The 3-story rowhomes near Palmer Park often have high ARVs because they're near the park and the Fishtown Crossing area. Those offers can run higher than average.
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