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3817 Wallace St
For Sale $875,000 ($218.75 per Sq Ft)
$875,000 ($218.75 per Sq Ft)
- Unknown Bedrooms
- Unknown Bathrooms
- 4,000 Sq Ft
- 1,440 Sq Ft
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 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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $875,000 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | 4,000 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 2020 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 242100600 |
| MLS # | PAPH2563224 |
| Property ID | 293817030 |
| Lot Sqft | 1,440 |
| Zoning | RSA5 |
| Total Units | 4 |
| Days on Market | 28 |
| Original List Price | Unknown |
| Date Updated | November 30, 2025 |
| Date Created | November 30, 2025 |
Listing Provided By
Gazi Ataseven an agent of . Lic #RM426020
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Data last updated: December 28, 2025.
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Robert Crawford
REAL ESTATE AGENT