3817 Wallace St, Philadelphia, PA 19104
Local realty services provided by:ERA Central Realty Group
3817 Wallace St,Philadelphia, PA 19104
$869,000
- 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:$869,000
- Price per sq. ft.:$216.12
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 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....
Contact an agent
Home facts
- Year built:2020
- Listing ID #:PAPH2619704
- Added:4 day(s) ago
- Updated:May 14, 2026 at 12:44 AM
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:$869,000
- Price per sq. ft.:$216.12
- Tax amount:$1,505 (2025)
New listings near 3817 Wallace St
- New
$899,000Active3 beds 4 baths2,883 sq. ft.852 Independence Ct, PHILADELPHIA, PA 19147
MLS# PAPH2615992Listed by: COMPASS PENNSYLVANIA, LLC - Coming SoonOpen Sat, 2:30 to 4pm
$975,000Coming Soon3 beds 3 baths406 Regatta Dr, PHILADELPHIA, PA 19146
MLS# PAPH2616730Listed by: COMPASS PENNSYLVANIA, LLC - New
$150,000Active3 beds 1 baths1,224 sq. ft.5351 Osage Ave, PHILADELPHIA, PA 19143
MLS# PAPH2617186Listed by: PERFECT PLACE REAL ESTATE CO. - New
$769,500Active4 beds 3 baths3,200 sq. ft.1305 S Hancock St, PHILADELPHIA, PA 19147
MLS# PAPH2619852Listed by: HOUWZER, LLC - New
$1,148,000Active12 beds -- baths9,000 sq. ft.6522 Lebanon Ave, PHILADELPHIA, PA 19151
MLS# PAPH2619922Listed by: ELITE REALTY GROUP UNL. INC. - Coming Soon
$237,000Coming Soon3 beds 2 baths443 Fern St, PHILADELPHIA, PA 19120
MLS# PAPH2620068Listed by: COMPASS PENNSYLVANIA, LLC - New
$425,000Active4 beds -- baths1,996 sq. ft.1829 S 22nd St, PHILADELPHIA, PA 19145
MLS# PAPH2620730Listed by: OCF REALTY LLC - PHILADELPHIA - New
$2,850,000Active3 beds 4 baths3,025 sq. ft.1414 S Penn Sq #36bc, PHILADELPHIA, PA 19102
MLS# PAPH2620982Listed by: BHHS FOX & ROACH - HADDONFIELD - Coming Soon
$259,000Coming Soon2 beds 1 baths2352 Federal St #1, PHILADELPHIA, PA 19146
MLS# PAPH2621324Listed by: KW EMPOWER - New
$224,900Active3 beds 1 baths1,120 sq. ft.5851 Newtown Ave, PHILADELPHIA, PA 19120
MLS# PAPH2621348Listed by: COLDWELL BANKER HEARTHSIDE REALTORS