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MLS: #PAPH2619704, Listed By: Gazi Ataseven, HomeSmart First Advantage Realty, Source:Bright MLS

3817 Wallace Street

PHILADELPHIA, PA 19104
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Bed 10

Bed

Bath 0

Bath

SqFt4,021

Sqft

Acres0.03

Acre(Lot)

WELCOME TO 3817 WALLACE STREET — A MODERN, INCOME-PRODUCING, 3-YEAR-OLD NEW CONSTRUCTION QUADRUPLEX LOCATED IN THE HIGHLY DESIRABLE UNIVERSITY CITY AREA. THIS TURNKEY MULTI-FAMILY PROPERTY OFFERS EXCELLENT STABILITY WITH TWO UNITS ALREADY RENTED AND STRONG IMMEDIATE CASH FLOW. UNIT #2 IS CURRENTLY RENTED FOR $1,700/MONTH, AND UNIT #4 IS RENTED FOR $2,100/MONTH. UNITS #1 AND #3 ARE CURRENTLY IN THE PROCESS OF BEING LEASED, PROVIDING ADDITIONAL UPSIDE POTENTIAL FOR THE NEW OWNER. THE BUILDING FEATURES A WELL-DESIGNED UNIT MIX: UNITS #1 AND #2 OFFER 2 BEDROOMS AND 2 FULL BATHROOMS EACH, WHILE UNITS #3 AND #4 FEATURE 3 BEDROOMS AND 2 FULL BATHROOMS EACH. UNIT #4 ALSO INCLUDES PRIVATE ROOFTOP ACCESS — A HIGHLY DESIRABLE AMENITY THAT CAN COMMAND PREMIUM RENTAL INCOME. DESIGNED WITH CONTEMPORARY FINISHES, OPEN-CONCEPT LAYOUTS, AND ENERGY-EFFICIENT SYSTEMS, THIS PROPERTY OFFERS LOW-MAINTENANCE OWNERSHIP AND LONG-TERM DURABILITY. ITS PRIME LOCATION, JUST MINUTES FROM UPENN, DREXEL UNIVERSITY, PENN PRESBYTERIAN HOSPITAL, PUBLIC TRANSPORTATION, AND MAJOR EMPLOYMENT CENTERS, ENSURES STRONG YEAR-ROUND RENTAL DEMAND. INVESTORS WILL ALSO APPRECIATE THE APPROXIMATELY 5 YEARS REMAINING ON THE 10-YEAR TAX ABATEMENT, SIGNIFICANTLY ENHANCING CASH FLOW AND OVERALL RETURNS. LOCATED IN A RAPIDLY GROWING AND APPRECIATING SECTION OF UNIVERSITY CITY, 3817 WALLACE STREET PRESENTS A RARE OPPORTUNITY TO OWN A HIGH-YIELD, FUTURE-PROOF INVESTMENT PROPERTY.

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Detail Ic Property Details

Property Type : Residential Income

Price : $869,000

AD Id : 78459162

MLS Id : PAPH2619704

Beds : 10

Lot Size : 0.03 Acre

Living Area Size : 4,021

Year Built : 2020

County : PHILADELPHIA

Subdivision: Mantua

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 10

    Room Information

    Rooms Total: 10 Has Basement: Yes Basement: Finished
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air, Electric

  • Building Information

    Year Built: 2020 Building Area Total: 4021 Construction Materials: Brick Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 15.00 x 96.00 Lot Size Acres: 0.03 Lot Size Source: Assessor Lot Size Square Feet: 1440

    Property Information

    Subdivision: MANTUA Source Property Type: Residential Income Postal Code Plus 4: 5897 Property SubType: Quadruplex Property Age: 6

  • Listing Price Information

    Listing Price: $869000

  • Tax Information

    Parcel Number: 242100600 Tax Lot: 117 Tax Year: 2025 Annual Tax: $1505

  • Parking Information

    None

  • Location Information

    Direction: GPS WaterSource: Public
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Nearby Home Value

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3101 Haverford Avenue, Philadelphia, PA, 19104 $650,000 5 -- 2,304 2,304 SqFt
3108 Haverford Avenue, Philadelphia, PA, 19104 $899,900 7 -- 1,998 1,998 SqFt
651 N 33rd Street, Philadelphia, PA, 19104 $699,900 4 -- 2,969 2,969 SqFt
500 N 34th Street, Philadelphia, PA, 19104 $900,000 7 -- 3,120 3,120 SqFt
3414 Spring Garden Street, Philadelphia, PA, 19104 $879,900 6 -- 3,214 3,214 SqFt
3424 Wallace Street, Philadelphia, PA, 19104 $650,000 4 -- 3,672 3,672 SqFt
3627 Powelton Avenue, Philadelphia, PA, 19104 $985,000 6 -- 2,712 2,712 SqFt
623 N 36th Street, Philadelphia, PA, 19104 $925,000 6 -- 3,264 3,264 SqFt
3625 Spring Garden Street, Philadelphia, PA, 19104 $1,199,000 4 -- 4,000 4,000 SqFt
3707 Hamilton Street, Philadelphia, PA, 19104 $750,000 2 -- 3,422 3,422 SqFt

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ByOwner last updated this listing 06/21/2026 @ 04:05

MLS: PAPH2619704 LISTED BY: Gazi Ataseven, HomeSmart First Advantage Realty 856-363-3000 SOURCE: Bright MLS

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