Five-Unit Apartment
For Sale
Contact for pricing
Pending
3407 Wallace St, Philadelphia, PA 19104
Fully occupied multifamily property with updated interiors, in-unit laundry, and convenient access to major university and medical campuses.
Property SizeContact for details
Lot Size0.06 Acres
Days on Market148
Property Features for 3407 Wallace St
General Information
Standard status
Pending
Lot size
0.06 Acres
Property subtype
Multifamily
Occupancy
100%
Financials
Gross Income
$85,778
Opportunity Zone
Yes
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 2BR/1BA, 2 x 4BR/2BA, 1 x 3BR/2BA
Multifamily Units
5
Amenities
hardwood floors
open kitchens with stainless steel appliances
washer and dryers
high ceilings
intercoms
natural sunlight
Building Details
Buildings
1
Listing Agency:
Philadelphia- Coldwell Banker Preferred
Listed By:
Keith Adams · License #PA
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Sep 1 at 9:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Philadelphia- Coldwell Banker Preferred
Investment Insights
Based on property information with market context.
This five-unit apartment building at 3407 Wallace St. includes a mix of two-, three-, and four-bedroom residences. The unit mix comprises two 2-bedroom, 1-bath units; two 4-bedroom, 2-bath units; and one 3-bedroom, 2-bath unit. Interior features include hardwood flooring, open kitchens with stainless steel appliances, washers and dryers, high ceilings, intercom systems, and abundant natural light. The building is 6 years old and sits on a 24-by-110-foot lot. All five units are occupied, and the property has 3 to 4 years remaining on its tax abatement.
The property is within walking distance of the University of Pennsylvania, Drexel University, Penn Presbyterian Medical Center, the Philadelphia Zoo, and the Vidas Athletic Complex. Center City, the Art Museum, 30th Street Station, Kelly Drive, and I-76 are minutes away.
The property is within walking distance of the University of Pennsylvania, Drexel University, Penn Presbyterian Medical Center, the Philadelphia Zoo, and the Vidas Athletic Complex. Center City, the Art Museum, 30th Street Station, Kelly Drive, and I-76 are minutes away.
Key Highlights
- Five‑unit building with 2- to 4‑bedroom apartments
- Unit mix includes two 2‑bed/1‑bath, two 4‑bed/2‑bath, and one 3‑bed/2‑bath residences
- All five units occupied
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,222
Businesses Nearby
Explore this area
Business Placement
Demographics for 19104, PA
56,839
Population
23,888
Households
2.4
Avg Household Size
26
Median Age
47%
College-Educated
90%
High-School Grad
3.1 sq mi
ZIP Area
18,335
Density / Sq Mi
$39,526
Median Household Income
$18,420
Median Earnings
$1,329
Median Rent
$268,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied multifamily property with updated interiors, in-unit laundry, and convenient access to major university and medical campuses.
Where is this apartment building located?
The property is located at 3407 Wallace St Philadelphia, PA.
What are key features of this property?
This property features: Five‑unit building with 2- to 4‑bedroom apartments; Unit mix includes two 2‑bed/1‑bath, two 4‑bed/2‑bath, and one 3‑bed/2‑bath residences; All five units occupied
