3817 Wallace St, Philadelphia, PA 19104
Local realty services provided by:CENTURY 21 A Better Way
3817 Wallace St,Philadelphia, PA 19104
$865,000
- 10 Beds
- - Baths
- 4,021 sq. ft.
- Multi-family
- Active
Listed by: gazi ataseven
Office: homesmart first advantage realty
MLS#:PAPH2619704
Source:BRIGHTMLS
Price summary
- Price:$865,000
- Price per sq. ft.:$215.12
About this home
FULL OCCUPIED/ 100% OCCUPIED
3817 Wallace Street presents a newer-construction four-unit multifamily investment opportunity in
Philadelphia's University City neighborhood. Built in 2020 and totaling approximately 4,021 square
feet, the property offers a combination of in-place income, modern construction, and remaining
tax-abatement benefits.
Current Rent Roll
Unit 1 – 2 Bed / 2 Bath – 1680/month
Unit 2 – 2 Bed / 2 Bath – Leased – $1,700/month
Unit 3 – 3 Bed / 2 Bath – Leased – $1,600/month
Unit 4 – 3 Bed / 2 Bath with Private Rooftop Terrace – Leased – $2,100/month
Projected Gross Monthly Income: Approximately $7080
Projected Gross Annual Income: Approximately $84,960
Property Highlights
• Built in 2020
• Four residential units
• Approximately 4,021 square feet
• Two 2-bedroom / 2-bathroom units
• Two 3-bedroom / 2-bathroom units
• Private rooftop terrace for Unit 4
• Contemporary kitchens and finishes
• Quartz countertops
• Stainless steel appliances
• Energy-efficient systems
• Lower-maintenance newer construction
• Three units currently leased
• Approximately five years remaining on Philadelphia's 10-Year Tax Abatement
Location
Near University of Pennsylvania, Drexel University, CHOP, Penn Presbyterian Medical Center, 30th
Street Station, public transportation, and Center City employment centers.
Investment Summary
3817 Wallace Street offers investors a newer-construction multifamily asset with current rental
income, one remaining lease-up opportunity, and meaningful remaining tax-abatement benefits....
Contact an agent
Home facts
- Year built:2020
- Subdivision & Development:MANTUA
- Listing ID #:PAPH2619704
- Added:125 day(s) ago
- Updated:September 12, 2026 at 01:34 PM
Rooms and interior
- Bedrooms:10
- Rooms Total:10
- Basement:Yes
- Basement Description:Fully Finished
- Living area:4,021 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:90% Forced Air, Natural Gas
Structure and exterior
- Year built:2020
- Building area:4,021 sq. ft.
- Lot area:0.03 Acres
- Architectural Style:Contemporary
- Construction Materials:Brick
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$865,000
- Price per sq. ft.:$215.12
- Tax amount:$1,505 (2025)
New listings near 3817 Wallace St
- Coming Soon
$599,900Coming Soon3 beds 3 baths2,200 sq. ft.129 W Allen St, PHILADELPHIA, PA 19123
MLS# PAPH2667958Listed by: COMPASS PENNSYLVANIA, LLC - Coming Soon
$269,900Coming Soon3 beds 2 baths1,320 sq. ft.613 Anchor, PHILADELPHIA, PA 19120
MLS# PAPH2668408Listed by: 20/20 REAL ESTATE - BENSALEM - Coming Soon
$135,000Coming Soon2 beds 1 baths720 sq. ft.Address Withheld By Seller, PHILADELPHIA, PA 19134
MLS# PAPH2670020Listed by: HOMESTARR REALTY - Coming Soon
$320,000Coming Soon5 beds -- baths1,828 sq. ft.7205 Haverford Ave, PHILADELPHIA, PA 19151
MLS# PAPH2670012Listed by: REALTY MARK ASSOCIATES - Coming Soon
$199,900Coming Soon3 beds 2 baths1,200 sq. ft.533 W Louden St, PHILADELPHIA, PA 19120
MLS# PAPH2670014Listed by: KELLER WILLIAMS REAL ESTATE TRI-COUNTY - Coming Soon
$1,200,000Coming Soon4 beds 3 baths1,920 sq. ft.4 S Strawberry St, PHILADELPHIA, PA 19106
MLS# PAPH2663520Listed by: SERHANT PENNSYLVANIA LLC - Coming Soon
$75,000Coming Soon3 beds 1 baths966 sq. ft.173 Tiber St, PHILADELPHIA, PA 19140
MLS# PAPH2668900Listed by: LPT REALTY, LLC - Coming Soon
$139,900Coming Soon2 beds 1 baths900 sq. ft.49 N Dearborn St, PHILADELPHIA, PA 19139
MLS# PAPH2670002Listed by: REALTY ONE GROUP RESTORE - BLUEBELL - Coming Soon
$224,900Coming Soon1 beds 1 baths420 sq. ft.1902-00 Pine St #2f, PHILADELPHIA, PA 19103
MLS# PAPH2661660Listed by: COMPASS PENNSYLVANIA, LLC - Coming Soon
$1,350,000Coming Soon4 beds 4 baths2,400 sq. ft.1915 Fitzwater St, PHILADELPHIA, PA 19146
MLS# PAPH2668490Listed by: HUBKEY REAL ESTATE