3847 Terrace St, Philadelphia, PA 19128
Local realty services provided by:CENTURY 21 Mertz & Associates
3847 Terrace St,Philadelphia, PA 19128
$529,900
- 2 Beds
- - Baths
- 2,918 sq. ft.
- Multi-family
- Active
Listed by: aimee lucia alexander, steven g everett
Office: compass pennsylvania, llc.
MLS#:PAPH2531184
Source:BRIGHTMLS
Price summary
- Price:$529,900
- Price per sq. ft.:$181.6
About this home
GREAT INVESTMENT OPPORTUNITY IN MANAYUNK! Located just blocks away from the vibrant retail and dining scene on Main Street and Ridge Avenue, this prime corner building offers a fantastic investment opportunity in one of Philadelphia’s most sought-after neighborhoods. With a total of 2,918 square feet, this mixed-use property combines residential and retail space, making it an ideal choice for investors looking to capitalize on both long-term rental income and the potential for a thriving retail business. The first-floor retail space, previously a successful restaurant tavern, comes with a commercial kitchen space and hood system, walk-in cooler, bar layout and seating for 40-60 patrons. The property comes with the potential to acquire a liquor license, which will be sold separately from the property itself. This license allows for full-service alcohol service, including outdoor seating, offering tremendous flexibility for a bar or restaurant business. The CMX1 zoning permits additional uses including a deli/grocery store, daycare facility, boutique, financial services, pet store, or medical practice. Above the retail space, there are two newly renovated 1-bedroom apartments on the 2nd and 3rd floors, each featuring modern updates including new flooring, stainless steel appliances, and stylish new bathrooms. Located in a high-demand, thriving neighborhood, this mixed-use property is an excellent investment with great potential for both rental income and business ventures.
Contact an agent
Home facts
- Year built:1900
- Listing ID #:PAPH2531184
- Added:156 day(s) ago
- Updated:January 29, 2026 at 02:46 PM
Rooms and interior
- Bedrooms:2
- Living area:2,918 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Hot Water, Natural Gas
Structure and exterior
- Roof:Flat
- Year built:1900
- Building area:2,918 sq. ft.
- Lot area:0.04 Acres
Utilities
- Water:Public
- Sewer:Public Septic
Finances and disclosures
- Price:$529,900
- Price per sq. ft.:$181.6
- Tax amount:$5,039 (2025)
New listings near 3847 Terrace St
- New
$75,000Active-- beds 1 baths319 sq. ft.1324 Locust St #630, PHILADELPHIA, PA 19107
MLS# PAPH2578238Listed by: BHHS FOX & ROACH THE HARPER AT RITTENHOUSE SQUARE - Coming Soon
$595,900Coming Soon3 beds 2 baths1412 N 4th St N, PHILADELPHIA, PA 19122
MLS# PAPH2578600Listed by: BHHS FOX & ROACH-HAVERFORD - New
$298,000Active3 beds 3 baths1,400 sq. ft.11716 Corry Rd, PHILADELPHIA, PA 19154
MLS# PAPH2578860Listed by: J G MCSHERRY LLC - New
$829,900Active-- beds -- baths2,840 sq. ft.3201 Riseview Walk, PHILADELPHIA, PA 19125
MLS# PAPH2579082Listed by: HOMESMART REALTY ADVISORS - New
$319,500Active3 beds 3 baths1,422 sq. ft.2936 Turner St, PHILADELPHIA, PA 19121
MLS# PAPH2579144Listed by: D.C. CASPER REAL ESTATE - New
$39,900Active2 beds 1 baths784 sq. ft.2529 W Dauphin St, PHILADELPHIA, PA 19132
MLS# PAPH2579150Listed by: PHILLY LUXE REALTY, LLC - New
$165,000Active3 beds 1 baths1,080 sq. ft.3189 Tulip St, PHILADELPHIA, PA 19134
MLS# PAPH2578532Listed by: BETTER HOMES REALTY GROUP - Coming Soon
$319,900Coming Soon3 beds 4 baths914 S 54th St, PHILADELPHIA, PA 19143
MLS# PAPH2578686Listed by: REDFIN CORPORATION - New
$279,900Active5 beds 3 baths1,877 sq. ft.2835 W Lehigh Ave, PHILADELPHIA, PA 19132
MLS# PAPH2578402Listed by: KW EMPOWER - New
$91,000Active3 beds 1 baths1,060 sq. ft.4711 Worth St, PHILADELPHIA, PA 19124
MLS# PAPH2579134Listed by: RE/MAX PRIME REAL ESTATE