3937 Terrace St, Philadelphia, PA 19128
Local realty services provided by:ERA Central Realty Group
3937 Terrace St,Philadelphia, PA 19128
$899,000
- 3 Beds
- - Baths
- 3,920 sq. ft.
- Multi-family
- Active
Listed by: magdelyn shaak nguyen
Office: compass pennsylvania, llc.
MLS#:PAPH2526538
Source:BRIGHTMLS
Price summary
- Price:$899,000
- Price per sq. ft.:$229.34
About this home
Welcome to approximately 3,920 sf full of high-quality spaces and opportunity. You cannot miss 3937 Terrace if passing by its beautiful green exterior, situated on the corner of Markle St and Terrace St. The amount of love and care put into this home in recent years makes this a lucky chance for this year’s Manayunk buyers.
Fully equipped with 3 spaces, the first floor is connected to the main garage, 1 of 4. This space could be converted into an office due to its CMX1 zoning, or could remain a studio space to rent out. The second floor boasts a massive living/entertaining space with a fully redone kitchen, as well as a balcony. The two bedrooms on this floor are truly spacious with great closet space.
The third unit is simply the showpiece of 3937 Terrace. Not only does it host about 1,600 sf of space, it has a stunning kitchen with natural light pouring in from the sky, and a solarium atop the entire building! Do not fear the stairs, as the building has an elevator that goes from the garage level all the way up to the solarium, stopping on every floor.
This home could be an incredible income opportunity with a cap rate around 6.1%, or even a rare family suite living situation. Schedule your showing today!
Contact an agent
Home facts
- Year built:1940
- Listing ID #:PAPH2526538
- Added:78 day(s) ago
- Updated:November 14, 2025 at 02:37 PM
Rooms and interior
- Bedrooms:3
- Living area:3,920 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Central, Natural Gas
Structure and exterior
- Year built:1940
- Building area:3,920 sq. ft.
- Lot area:0.03 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$899,000
- Price per sq. ft.:$229.34
- Tax amount:$8,379 (2025)
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