3503 Midvale Ave Philadelphia, PA 19129
Property Lookup
Property profile & analytics
3503 Midvale Ave Philadelphia, PA 19129
- Auto shops
- 1,440 SF
- 0.28 lot acres
Property ID
US73-0233128
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- The Grace Apartments / Apartment Building
Property Details for 3503 Midvale Ave
- Year built
- 1920
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.28 lot acres
- Property size
- 1,440 SF
- Zone code
- CMX2.5
- Property type
- Auto shops
- APN
- 88-2-9688-60
- APU
- 882968860
Description
The Grace, a stunning Class A apartment building in Philadelphia's desirable East Falls neighborhood, presents a unique investment opportunity. This newly constructed (2024) five-story building boasts 30,000 square feet and comprises 34 units, currently enjoying 100% occupancy. The units are a mix of studios, one-bedroom, and two-bedroom apartments, catering to a diverse range of residents. Residents enjoy access to a fully furnished fitness center and a panoramic rooftop terrace offering breathtaking views. Situated on Midvale Avenue, the property benefits from a quiet, residential setting while being conveniently close to shops, restaurants, and public transportation, including easy access to the Schuylkill River Trail and Septa's regional rail station. Its location offers proximity to Jefferson University, Wissahickon Valley Park, and the bustling Main Street Manayunk and Bala Cynwyd areas. The property is zoned CMX25 and features a significant advantage: a 10-year tax abatement, minimizing expenses and maximizing returns. The asking price is $10,500,000, translating to $350 per square foot and $308,823.53 per unit. This represents a stabilized investment in a submarket with high barriers to entry and significant potential for future rent growth and appreciation. The buyer is responsible for verifying all taxes, financials, and square footage details. A 48-hour notice is required for property tours.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $905,000
- ML approach
- $890,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.1925
- Latitude
- 40.0139
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,433
$121,678
$52,122
$173,800
-
$121,678
$52,122
$173,800
