3817 Wallace St, Philadelphia, PA 19104
Local realty services provided by:CENTURY 21 Harbor Realty
3817 Wallace St,Philadelphia, PA 19104
$875,000
- 10 Beds
- - Baths
- 4,000 sq. ft.
- Multi-family
- Active
Listed by: gazi ataseven
Office: homesmart realty advisors
MLS#:PAPH2563224
Source:BRIGHTMLS
Price summary
- Price:$875,000
- Price per sq. ft.:$218.75
About this home
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 OUTSTANDING STABILITY WITH TWO UNITS ALREADY RENTED AND A THIRD UNIT CURRENTLY IN THE LEASING PROCESS, PROVIDING STRONG AND IMMEDIATE CASH FLOW.
THE BUILDING FEATURES A WELL-BALANCED UNIT MIX: UNITS 1 & 2 OFFER 2 BEDROOMS AND 2 BATHROOMS EACH, WHILE UNITS 3 & 4 OFFER 3 BEDROOMS AND 2 BATHROOMS EACH. UNIT 4 ALSO INCLUDES PRIVATE ROOFTOP ACCESS, A HIGHLY DESIRABLE FEATURE THAT CAN COMMAND PREMIUM RENTS.
DESIGNED WITH CONTEMPORARY FINISHES, OPEN LAYOUTS, AND ENERGY-EFFICIENT SYSTEMS, THIS PROPERTY PROVIDES 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 CONSISTENT YEAR-ROUND RENTAL DEMAND.
INVESTORS WILL APPRECIATE THE 5 YEARS REMAINING ON THE 10-YEAR TAX ABATEMENT, SIGNIFICANTLY INCREASING OVERALL RETURNS. LOCATED IN A RAPIDLY GROWING AND APPRECIATING POCKET OF UNIVERSITY CITY, 3817 WALLACE STREET IS A STRONG, HIGH-YIELD, AND FUTURE-PROOF INVESTMENT OPPORTUNITY....
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Home facts
- Year built:2020
- Listing ID #:PAPH2563224
- Added:154 day(s) ago
- Updated:May 01, 2026 at 01:31 PM
Rooms and interior
- Bedrooms:10
- Rooms Total:10
- Basement:Yes
- Basement Description:Fully Finished
- Living area:4,000 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:90% Forced Air, Electric
Structure and exterior
- Year built:2020
- Building area:4,000 sq. ft.
- Lot area:0.03 Acres
- Architectural Style:Contemporary
- Construction Materials:Brick
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$875,000
- Price per sq. ft.:$218.75
- Tax amount:$1,505 (2025)
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