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About This Home

This 0-bedroom, 0-bathroom residential multi family at 3817 WALLACE Street in Philadelphia, PA is listed for $869,000 ($216 per sqft). Built in 2020, the home offers 4,021 sqft of living space on a 0.03 acres lot.

Agent Description

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.

Key Features

  • Built in 2020
  • 0.03 acre lot

Property Details

2020

Amenities

A/C

Monthly Cost Estimate

$4,648/mo

20% down · 6.5% · 30 years

Principal$628
Interest$3,766
Insurance$253

Estimates only. Actual payments may vary.

Location

3817 WALLACE Street

Philadelphia, PA 19104

MANTUA

Property Details

Construction

Brick

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 3817 WALLACE Street is listed at $869,000 ($216/sqft). The estimated monthly payment is $3,766 based on 20% down at 6.5% interest.

Key features include: Built in 2020, 0.03 acre lot.

This property is listed by Gazi Ataseven and can be reached at 2677746886 or gztsvn@gmail.com.

GA

Gazi Ataseven

Agent at HomeSmart First Advantage Realty

(267) 774-6886

Listed by HomeSmart First Advantage Realty · View on Broker Site

MLS# PAPH2619704· Source: listhub· Updated 19 days ago

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3817 WALLACE Street, Philadelphia, PA 19104

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