3817 Wallace St

Philadelphia, PA 19104

$875,000
Price
—
Beds
—
Baths
4,000 Sq. Ft.
$219 / Sq. Ft.
4,000
Sq. Ft.
$219
per Sq. Ft.
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a view of a building with a window and a tree
a kitchen that has a refrigerator a sink and white cabinets with wooden floor
a bathroom with a sink and a walk in closet
a view of a hallway with wooden floor
wooden floor in an empty room
a view of hallway with wooden floor
a bathroom with a sink toilet and a bathtub
a view of a hallway with washer and dryer
a view of a house with a large window
wooden floor in an empty room
a view of an empty room with wooden floor and closet
a view of bathroom with a toilet
a bathroom with a toilet and a shower
a view of entryway
a view of an empty room with wooden floor
a view of a hallway with washer and dryer
a view of an empty room with glass door and a window
a bathroom with a sink a mirror and a shower
a white toilet sitting next to a bathroom sink
a kitchen with a sink cabinets and stainless steel appliances
a view of an empty room with wooden floor and a window
a view of an empty room
a view of an empty room with wooden floor and a window
a view of hallway with wooden floor
a balcony with an outdoor space

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 outstanding stability with two units already rented and a third unit currently in the leasing process, providing strong and immediate cash flow. The building features a well-balanced unit mix: units 1 & 2 offer 2 bedrooms and 2 bathrooms each, while units 3 & 4 offer 3 bedrooms and 2 bathrooms each. Unit...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 outstanding stability with two units already rented and a third unit currently in the leasing process, providing strong and immediate cash flow. The building features a well-balanced unit mix: units 1 & 2 offer 2 bedrooms and 2 bathrooms each, while units 3 & 4 offer 3 bedrooms and 2 bathrooms each. Unit 4 also includes private rooftop access, a highly desirable feature that can command premium rents. Designed with contemporary finishes, open layouts, and energy-efficient systems, this property provides 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 consistent year-round rental demand. Investors will appreciate the 5 years remaining on the 10-year tax abatement, significantly increasing overall returns. Located in a rapidly growing and appreciating pocket of university city, 3817 wallace street is a strong, high-yield, and future-proof investment opportunity.
  1. Listed by Gazi Ataseven • HomeSmart Realty Advisors
    P: (267)-774-6886 gztsvn@gmail.com

Property Details for 3817 Wallace Street

Tax ID Number
242100600
Ownership
Fee Simple
Structure Type
Other
Style
Contemporary
Waterfront
No
Garage
No
Expected On Market Date
12-01-2025
Municipality
PHILADELPHIA
LISTING UPDATED: 01/12/2026 02:03 PM

Property Details for 3817 Wallace Street

StatusActive
MLS #PAPH2563224
Days on Market94
Taxes$1,505 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built2020
Lot Size0.03 AC / 1,440 SF
CountyPhiladelphia County
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Location

Listing Courtesy of HomeSmart Realty Advisors
Add your commute

Building Information for 3817 Wallace Street

Stories-Residences4Year Built2020Building Size-Lot Size0.03 AC / 1,440 SF

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$4,390 per month

30 year fixed, 6.15% Interest

Principal and Interest

$4,265

Property Taxes

$125

HOA Dues

$0

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Property Information for 3817 Wallace Street

Location
Location
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 803408593408
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19104 (19104)
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: 2025
  • Tax Assessed Value: $107,540
  • Year Assessed: 2025
  • County Tax: $0
  • Improvement Assessed Value: $0
  • City Town Tax: $662
  • Land Assessed Value: $107,540
  • Clean Green Assessed: No
  • Land Use Code: SR
  • Zoning: RSA5
  • Tax Lot: 117
  • School Tax: $843
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 2
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 4,000.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 15.00 x 96.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1027869
Parking
Parking
  • Type Of Parking: None
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: 90% Forced Air
  • Heating Fuel: Electric
  • Hot Water: 60+ Gallon Tank
  • Water Source: Public
  • Sewer Septic: Public Sewer

Property History for 3817 Wallace Street

DateEvent & SourcePriceAppreciation
Dec 1, 2025

Listed (Active)

BRIGHT #PAPH2563224

$875,000—
Apr 6, 2023

Closed

BRIGHT #PAPH2141756

$790,000—
Mar 24, 2023

Closed (Public Record)

Public Record #1509593411

$775,000—
Mar 17, 2023

Pending

BRIGHT #PAPH2141756

—
Sep 15, 2022

Listed (Active)

BRIGHT #PAPH2141756

—
Sep 15, 2022

Price Change

BRIGHT #PAPH2141756

$825,000—
Aug 26, 2022

Temp Off Market

BRIGHT #PAPH2141756

—
Jul 21, 2022

Listed (Active)

BRIGHT #PAPH2141756

$900,000—
Apr 30, 2022

Expired

BRIGHT #PAPH2041706

—
Feb 4, 2022

Listed (Active)

BRIGHT #PAPH2041706

—
Jan 28, 2022

Closed

BRIGHT #PAPH2041706

$1,000,000—
Nov 15, 2021

Pending

BRIGHT #PAPH2041706

—
Nov 1, 2021

Listed (Active)

BRIGHT #PAPH2041706

$999,999—
Aug 2, 2021

Expired

BRIGHT #PAPH985122

—
Apr 27, 2021

Price Change

BRIGHT #PAPH985122

$1,100,000—
Feb 4, 2021

Listed (Active)

BRIGHT #PAPH985122

$1,300,000—
Aug 27, 2013

Expired

BRIGHT #1007220814

$10,000—
Aug 27, 2012

Listed (Active)

BRIGHT #1007220814

$10,000—
DateEvent & SourcePrice
12/01/2025

Listed (Active)

BRIGHT #PAPH2563224

$875,000
04/06/2023

Closed

BRIGHT #PAPH2141756

$790,000
03/24/2023

Closed (Public Record)

Public Record #1509593411

$775,000
03/17/2023

Pending

BRIGHT #PAPH2141756

—
09/15/2022

Listed (Active)

BRIGHT #PAPH2141756

—
09/15/2022

Price Change

BRIGHT #PAPH2141756

$825,000
08/26/2022

Temp Off Market

BRIGHT #PAPH2141756

—
07/21/2022

Listed (Active)

BRIGHT #PAPH2141756

$900,000
04/30/2022

Expired

BRIGHT #PAPH2041706

—
02/04/2022

Listed (Active)

BRIGHT #PAPH2041706

—
01/28/2022

Closed

BRIGHT #PAPH2041706

$1,000,000
11/15/2021

Pending

BRIGHT #PAPH2041706

—
11/01/2021

Listed (Active)

BRIGHT #PAPH2041706

$999,999
08/02/2021

Expired

BRIGHT #PAPH985122

—
04/27/2021

Price Change

BRIGHT #PAPH985122

$1,100,000
02/04/2021

Listed (Active)

BRIGHT #PAPH985122

$1,300,000
08/27/2013

Expired

BRIGHT #1007220814

$10,000
08/27/2012

Listed (Active)

BRIGHT #1007220814

$10,000

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

Public Records for 3817 Wallace Street

Taxable ValueLand-Additions-Total-
Tax Record2025$1,505 ($125 / month)
Home Facts
Beds0Total Finished SqFt1,074 SqFtAbove Grade Finished SqFt1,074 SqFtStories2Lot Size1,440 SqFtStyleResidentialZoningRSA5CountyPHILADELPHIAAPN24-2-1006-00

Schools near 3817 Wallace Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Mcmichael Morton School
Public - PK to 8
West Philadelphia High School
Public - 9 to 12
Widener Memorial School
Public - K to 12
Middle Years Alternative School
Public - 6 to 8
Rating
School
Distance
Mcmichael Morton School
PublicPK to 8

West Philadelphia High School
Public9 to 12

Widener Memorial School
PublicK to 12

Middle Years Alternative School
Public6 to 8

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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More information about 3817 Wallace Street, Philadelphia, PA 19104

3817 Wallace Street is a multi-family home for sale in Philadelphia, PA 19104. This property was listed for sale on December 1, 2025 by HomeSmart Realty Advisors, it's currently listed at $875,000. It has been on the market for a total of 94 days and was last sold on April 6, 2023. This listing's school district is The School District of Philadelphia. Nearby schools include Mcmichael Morton School, West Philadelphia High School and Widener Memorial School. 3817 Wallace Street is a 0-bed, 0-bath, 4,000 sqft multi-family home built in 2020.

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 HomeSmart Realty Advisors

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.