3847 Terrace St

Philadelphia, PA 19128

$529,900
Price
—
Beds
—
Baths
2,918 Sq. Ft.
$182 / Sq. Ft.
2,918
Sq. Ft.
$182
per Sq. Ft.
Listed By Compass
Listed By Compass
The Bar
Main Bar Area
Main Bar Area
Main Bar Area
Restaurant Seating Area
Restaurant Seating Area
Restaurant Seating Area
Commercial Kitchen
Commercial Kitchen
Commercial Kitchen
Basement
2nd Floor Apt - Kitchen
2nd Floor Apt - Kitchen
2nd Floor Apt - Living Area
2nd Floor Apt - Combined Living and Kitchen Areas
2nd Floor Apt - Bedroom
2nd Floor Apt - Full Bathroom
2nd Floor Apt - Full Bathroom
3rd Floor Apt - Bedroom
3rd Floor Apt - Bedroom
3rd Floor Apt - Kitchen
3rd Floor Apt - Kitchen
3rd Floor Apt - Living Area
3rd Floor Apt - Full Bathroom
3rd Floor Apt - Full Bathroom

Description

GREAT INVESTMENT OPPORTUNITY IN MANAYUNK! Located just blocks away from the vibrant retail and dining scene on Main Street and Ridge Avenue, this prime corner building offers a fantastic investment opportunity in one of Philadelphia’s most sought-after neighborhoods. With a total of 2,918 square feet, this mixed-use property combines residential and retail space, making it an ideal choice for investors looking to capitalize on both long-term rental income and the potential for a thriving retail business....GREAT INVESTMENT OPPORTUNITY IN MANAYUNK! Located just blocks away from the vibrant retail and dining scene on Main Street and Ridge Avenue, this prime corner building offers a fantastic investment opportunity in one of Philadelphia’s most sought-after neighborhoods. With a total of 2,918 square feet, this mixed-use property combines residential and retail space, making it an ideal choice for investors looking to capitalize on both long-term rental income and the potential for a thriving retail business. The first-floor retail space, previously a successful restaurant tavern, comes with a commercial kitchen space and hood system, walk-in cooler, bar layout and seating for 40-60 patrons. The property comes with the potential to acquire a liquor license, which will be sold separately from the property itself. This license allows for full-service alcohol service, including outdoor seating, offering tremendous flexibility for a bar or restaurant business. The CMX1 zoning permits additional uses including a deli/grocery store, daycare facility, boutique, financial services, pet store, or medical practice. Above the retail space, there are two newly renovated 1-bedroom apartments on the 2nd and 3rd floors, each featuring modern updates including new flooring, stainless steel appliances, and stylish new bathrooms. Located in a high-demand, thriving neighborhood, this mixed-use property is an excellent investment with great potential for both rental income and business ventures.

Property Details for 3847 Terrace Street

Tax ID Number
882935540
Ownership
Fee Simple
Structure Type
End of Row/Townhouse
Style
Traditional
Waterfront
No
Garage
No
Municipality
PHILADELPHIA
Central Air
Yes
LISTING UPDATED: 12/03/2025 02:05 PM

Property Details for 3847 Terrace Street

StatusActive
MLS #PAPH2531184
Days on Market101
Taxes$5,039 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1900
Lot Size0.04 AC / 1,569 SF
CountyPhiladelphia County

Location

Listing Courtesy of: .

Add your commute

Building Information for 3847 Terrace Street

Stories-Residences3Year Built1900Building Size-Lot Size0.04 AC / 1,569 SF

Payment Calculator

$3,038 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,618

Property Taxes

$420

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3847 Terrace Street

Location
Location
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 803408593408
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19128 (19128)
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: $360,000
  • Year Assessed: 2025
  • Zoning: CMX1
  • Zoning Dscrp: Ground Floor Commercial Use with Residential Apartment Use above; currently built out for a restaurant/bar use on the ground flr
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 1
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Units Furnished: None
  • Number Of Units Vacant: 3
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 2,918.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 19.00 x 83.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 998014
Parking
Parking
  • Type Of Parking: On Street
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: Natural Gas
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Septic
Confidential Data
Listing Office
  • List Agent AOR: Tri-County Suburban REALTORS

Property History for 3847 Terrace Street

DateEvent & SourcePriceAppreciation
Dec 3, 2025

Price Change

BRIGHT #PAPH2531184

$529,900—
Oct 29, 2025

Price Change

BRIGHT #PAPH2531184

$549,900—
Aug 26, 2025

Withdrawn

BRIGHT #PAPH2470658

—
Aug 26, 2025

Listed (Active)

BRIGHT #PAPH2531184

$564,900—
Aug 9, 2025

Listed (Active)

BRIGHT #PAPH2470658

—
May 15, 2025

Active Under Contract

BRIGHT #PAPH2470658

—
Mar 31, 2025

Listed (Active)

BRIGHT #PAPH2470658

$579,900—
Dec 31, 2019

Expired

BRIGHT #PAPH815192

$424,900—
Jul 10, 2019

Listed (Active)

BRIGHT #PAPH815192

$424,900—
Feb 16, 2015

Closed (Public Record)

Public Record #489110752

$250,000—
DateEvent & SourcePrice
12/03/2025

Price Change

BRIGHT #PAPH2531184

$529,900
10/29/2025

Price Change

BRIGHT #PAPH2531184

$549,900
08/26/2025

Withdrawn

BRIGHT #PAPH2470658

—
08/26/2025

Listed (Active)

BRIGHT #PAPH2531184

$564,900
08/09/2025

Listed (Active)

BRIGHT #PAPH2470658

—
05/15/2025

Active Under Contract

BRIGHT #PAPH2470658

—
03/31/2025

Listed (Active)

BRIGHT #PAPH2470658

$579,900
12/31/2019

Expired

BRIGHT #PAPH815192

$424,900
07/10/2019

Listed (Active)

BRIGHT #PAPH815192

$424,900
02/16/2015

Closed (Public Record)

Public Record #489110752

$250,000

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

Public Records for 3847 Terrace Street

Taxable ValueLand$72,000Additions$288,000Total$360,000
Tax Record2024$5,039 ($420 / month)
Home Facts
Total Finished SqFt2,918 SqFtAbove Grade Finished SqFt2,918 SqFtStories3Lot Size1,569 SqFtStyleRestaurantYear Built1900ZoningCMX1CountyPHILADELPHIAAPN88-2-9355-40

Schools near 3847 Terrace Street

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

Roxborough 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 3847 Terrace Street, Philadelphia, PA 19128

3847 Terrace Street is a multi-family home for sale in Philadelphia, PA 19128. This property was listed for sale on August 26, 2025 by Compass, it's currently listed at $529,900. It has been on the market for a total of 101 days and was last sold on February 16, 2015. This listing's school district is The School District of Philadelphia. Nearby schools include Cook-Wissahickon School, Roxborough High School and Widener Memorial School. 3847 Terrace Street is a 0-bed, 0-bath, 2,918 sqft multi-family home built in 1900.

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 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.

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.