3937 Terrace Street Philadelphia, PA $ 899,000
3937 Terrace Street
$ 899,000
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3937 Terrace Street

Philadelphia, PA, 19128
$ 899,000
Bedrooms3 Baths0.0

Monthly Estimate*

$ 5,609

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Multi-Family Home for sale in Philadelphia, PA

for $899,000 with 3 bedrooms. This home was built in 1940 on a lot size of 0.03.

Welcome to approximately 3,920 sf full of high-quality spaces and opportunity. You cannot miss 3937 Terrace if passing by its beautiful green exterior, situated on the corner of Markle St and Terrace St. The amount of love and care put into this home in recent years makes this a lucky chance for this years Manayunk buyers. Fully equipped with 3 spaces, the first floor is connected to the main garage, 1 of 4. This space could be converted into an office due to its CMX1 zoning, or could remain a studio space to rent out. The second floor boasts a massive living/entertaining space with a fully redone kitchen, as well as a balcony. The two bedrooms on this floor are truly spacious with great closet space. The third unit is simply the showpiece of 3937 Terrace. Not only does it host about 1,600 sf of space, it has a stunning kitchen with natural light pouring in from the sky, and a solarium atop the entire building! Do not fear the stairs, as the building has an elevator that goes from the garage level all the way up to the solarium, stopping on every floor. This home could be an incredible income opportunity with a cap rate around 6.1%, or even a rare family suite living situation. Schedule your showing today!

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Multi-Family Active

Price

$ 899,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 8,379

Style

AirLite

Lot Size

0.03

Year Built

1940

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2526538

Features
General
Living Area 3920
Sewer Public Sewer
Heating Central
Cooling Central A/C
Possession 0-30 Days CD Negotiable
Zoning CMX1
Garage Spaces 4.00
Architectural Style AirLite
Construction Materials Masonry HardiPlank Type
School District PHILADELPHIA CITY
Year Built 1940
Property Subtype Triplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Accessibility Elevator
County PHILADELPHIA
New Construction N
Property Type Multi-Family
Subdivision Name MANAYUNK
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Take Ridge Avenue North turn left on Terrace St. Property located at Markle St.
City PHILADELPHIA
Number Of Units Total 3
MLS Area 19128 (19128)
Lot Size Units Square Feet
Lot Size Square Feet 1420.00
Tax Annual Amount 8379.0
Two Bedroom 1
Structure Type End of Row/Townhouse
Price Per Sq Ft Total AG 229.34
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Virtual Tour https://my.matterport.com/show/?m=M9p1zye3S1M&brand=0&mls=1&
Standard Status Active
Year Built Source Assessor
Tax Lot 32
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Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N Y
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Exterior
Pool No Pool
Water Source Public
Inclusions Stoves dishwashers washers dryers refrigerators cooktop oven
Garage Features Inside Access
Type of Parking Attached Garage
Foundation Details Stone
Water View Y/N N
Lot Dimensions 19.00 x 75.00
Lot Size Acres 0.03
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 119720.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 3937
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* Excluded Features
List By
Compass Pennsylvania, Llc

Broker

maggie.s.nguyen@gmail.com

Email

Affordability Calculator

$6,307
Per Month
89%
11%
0%
Monthly Principal & Interest
$5,609
Monthly Property Taxes
$698
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4835660 Elementary School
4835659 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/3/2025$899,000 -2.81% Price Down
9/25/2025$925,000 -2.63% Price Down
8/29/2025$950,000 Listed Price

Map


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3937 Terrace Street, Philadelphia, PA, 19128 is a Multi-Family Home for sale at $899,000 with a lot size of 0.03. 3937 Terrace Street has 3 bedrooms, 0.0 baths, and was built in 1940. The property's zip code is 19128 which is in Philadelphia, PA