2206 Wallace St

Philadelphia, PA 19130

$768,000
Last Sold Price
3
Beds
3
Baths
2,286 Sq. Ft.
$336 / Sq. Ft.
2,286
Sq. Ft.
$336
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 1/30/25
Closed 1/30/25
a car parked in front of brick building
a living room with furniture and wooden floor
a view of a hallway view with wooden floor and staircase
a living room with a potted plant and a window
a kitchen with a refrigerator and a sink
a kitchen with stainless steel appliances granite countertop a refrigerator sink and stove
a view of a dining room with furniture and wooden floor
a dining room with furniture and wooden floor
a bedroom with a bed and lamp
a bedroom with a bed and wooden floor
a bathroom with a toilet sink and mirror
a bathroom with a toilet sink and mirror
a view of a hallway with closet
a view of an empty room
a bathroom with a sink a toilet and a mirror
a bathroom with a sink a toilet and shower
a view of front door
a view of a workspace with furniture
a view of workspace with a couch
a view of a bench in the patio
a backyard of a house with seating space
a living room with furniture a rug and a window
a living room with furniture kitchen view and a large window
a bed room with a bed and a window
a bathroom with a sink and toilet
a bathroom with a sink a mirror and a vanity
a kitchen with a refrigerator and cabinets
a kitchen with a sink stove and cabinets
a view of a bedroom from a hallway
a bedroom with a bed and a table in it
a bedroom with a bed and wooden floor
a spacious bedroom with a bed and a dresser
a bedroom with a bed and a window
a view of outdoor space with seating area
a building outdoor space with seating
a outdoor living space with patio furniture and a potted plant
a front view of a building

Description

Located on a picturesque tree-lined block in the heart of Spring Garden, this classic Victorian twin offers an incredible investment opportunity in one of Philadelphia’s most desirable neighborhoods. Currently configured as a duplex, the property features two fully functional apartments: an ideal setup for generating steady rental income, with the option to live in one unit while renting the other or converting the building back into a 4-bedroom, 3-bath single-family home. The home’s historic charm...Located on a picturesque tree-lined block in the heart of Spring Garden, this classic Victorian twin offers an incredible investment opportunity in one of Philadelphia’s most desirable neighborhoods. Currently configured as a duplex, the property features two fully functional apartments: an ideal setup for generating steady rental income, with the option to live in one unit while renting the other or converting the building back into a 4-bedroom, 3-bath single-family home. The home’s historic charm is evident in its Georgian Revival brick façade, marble steps, and original cornice. The first-floor unit boasts an open layout with crown molding, original wood floors, a decorative marble mantle, and large windows that invite soft, natural light. It includes a modern kitchen with butcher block countertops, stainless steel appliances, and custom built-ins, as well as a dining room with floor-to-ceiling windows opening onto a private bricked patio—perfect for outdoor entertaining. The spiral staircase leads to a loft-style primary bedroom with an en suite bath, while the finished lower level offers a full bath, laundry, and flexible bonus space. The upper bi-level unit features a bright living and dining area, a well-appointed kitchen, two generously sized bedrooms, a full bath, and exclusive access to a custom-designed roof deck nestled among mature trees. Shared hall laundry and a well-maintained basement with mechanical systems add convenience. Steps from Fairmount Avenue’s vibrant commercial corridor, with easy access to Center City, University City, and cultural landmarks like the Art Museum and upcoming Calder Museum, this property combines prime location, versatile use, and strong income potential—a must-see for savvy investors.
  1. Listed by Marc A. Hammarberg • BHHS Fox & Roach The Harper at Rittenhouse Square
    P: (215)-790-5501 marc.hammarberg@foxroach.com

Property Details for 2206 Wallace Street

Tax ID Number
152081300
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Other
Waterfront
No
Garage
No
Expected On Market Date
12-13-2024
Cross Street
22ND
LISTING UPDATED: 12/23/2025 02:00 AM

Property Details for 2206 Wallace Street

StatusClosed
MLS #PAPH2421976
Days on Market21
Taxes$8,589 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1920
Lot Size0.03 AC / 1,235 SF
CountyPhiladelphia County
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Location

Listing Courtesy of BHHS Fox & Roach The Harper at Rittenhouse Square

Sold By Engel & Volkers

Add your commute

Building Information for 2206 Wallace Street

Stories-Residences2Year Built1920Building Size-Lot Size0.03 AC / 1,235 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$4,583 per month

30 year fixed, 6.46% Interest

Principal and Interest

$3,867

Property Taxes

$716

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2206 Wallace Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19130 (19130)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $613,600
  • Year Assessed: 2024
  • County Tax: $0
  • Improvement Assessed Value: $490,900
  • City Town Tax: $3,779
  • Land Assessed Value: $122,700
  • Clean Green Assessed: No
  • Land Use Code: N50
  • Zoning: RSA5
  • Tax Lot: 173
  • School Tax: $4,810
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2
  • Units Leased Count: 2
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: No
  • Unit Type Finished SQFT: 0
  • Beds Total: 1
  • Half Baths Count: 0
  • Full Baths Count: 2
  • Unit Type Baths Total: 2
  • Unit Type Features: 60 DAY NOTICE
  • Total Rooms: 0
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: No
  • Unit Type Finished SQFT: 0
  • Beds Total: 2
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Total Rooms: 0
Financial Information
Financial Information
  • Existing Lease Type: Month to Month
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 2,286.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 19.00 x 65.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 965401
Parking
Parking
  • Type Of Parking: None
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Exterior Features: Sidewalks, Street Lights
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 100 Amp Service
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS
  • List Agent URL: www.marchammarberg.com

Property History for 2206 Wallace Street

DateEvent & SourcePriceAppreciation
Dec 9, 2025

Expired

BRIGHT #PAPH2422256

—
Jan 30, 2025

Closed

BRIGHT #PAPH2421976

$768,000—
Jan 23, 2025

Closed (Public Record)

Public Record #1550604939

$768,000

+3.0% / yr

DateEvent & SourcePrice
12/09/2025

Expired

BRIGHT #PAPH2422256

—
01/30/2025

Closed

BRIGHT #PAPH2421976

$768,000
01/23/2025

Closed (Public Record)

Public Record #1550604939

$768,000

+3.0% / yr

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2206 Wallace Street

Taxable ValueLand-Additions-Total-
Tax Record2025$7,891 ($658 / month)
Home Facts
Total Finished SqFt2,286 SqFtAbove Grade Finished SqFt2,286 SqFtStories3Lot Size1,235 SqFtStyleMulti-Family Res (5+ Units)Year Built1920ZoningRSA5CountyPHILADELPHIAAPN15-2-0813-00

Schools near 2206 Wallace Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Bache-Martin School
Public - PK to 8
Franklin Benjamin High School
Public - 9 to 12
Masterman Julia R Secondary School
Public - 5 to 12
Franklin LC
Public - 9 to 12
Rating
School
Distance
Bache-Martin School
PublicPK to 8

Franklin Benjamin High School
Public9 to 12

Masterman Julia R Secondary School
Public5 to 12

Franklin LC
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS Fox & Roach The Harper at Rittenhouse Square

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.