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    3817 Wallace St Philadelphia, PA 19104

    New
    For Sale
    $875,000

    MULTI_FAMILY - Contemporary - PHILADELPHIA, PA

    Property size:
    4,000 SF
    Lot size:
    0.03 Acres
    Days on Market:
    6
    Last Refresh:
    Dec 6 at 5:06 pm

    Property Features for 3817 Wallace St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    Size
    4,000 SF
    Lot size
    0.03 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    2020
    Number of units
    4
    Building materials
    Brick
    Architectural style
    Contemporary

    Revo Realty Group, LLC (610) 574-7224 [email protected]

    Listing agent Gazi Ataseven (267) 774-6886 License #RM426020

    Listing date Dec 1, 2025

    MLS# PAPH2563224 Listing URL

    Copyright © 2025 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.

    Overview

    Modern Quadruplex in University City

    Located in the University City area, this 3-year-old new construction quadruplex at 3817 Wallace Street, Philadelphia, presents a modern, income-producing opportunity. The multi-family property features a well-balanced unit mix, with two units offering 2 bedrooms and 2 bathrooms each, and two units offering 3 bedrooms and 2 bathrooms each. One of the units also includes private rooftop access. Designed with contemporary finishes, open layouts, and energy-efficient systems, the property offers low-maintenance ownership and long-term durability. The property is located minutes from UPenn, Drexel University, Penn Presbyterian Hospital, public transportation, and major employment centers. The property benefits from a location in a rapidly growing and appreciating pocket of University City. The property has 5 years remaining on the 10-year tax abatement. The building size is approximately 4000 square feet and the lot size is 0.03 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.19851
    Latitude
    39.96469

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    FAQs

    What type of property is this?
    Quadplex - Income-producing, new construction quadplex near UPenn and Drexel University.
    Where is this quadplex located?
    The property is located at 3817 Wallace St Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: - Income-producing quadruplex with immediate cash flow from already rented units.; - Located in the highly desirable University City area, near UPenn, Drexel, and major employment centers.; - 5 years remaining on a 10-year tax abatement, increasing investment returns.
    (267) 774-6886
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3817 Wallace St Philadelphia, PA 19104
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