3424 Wallace Street
Philadelphia, PA, 19104 $ 675,000
Bedrooms4 Baths0.0 Monthly Estimate*
$ 4,156
for $675,000 with 4 bedrooms. This home was built in 2018 on a lot size of 0.03.
This exceptional fully leased triplex, ideally situated within walking distance of Drexel University, presents a rare opportunity to own a modern, income-producing multi-unit property in one of the citys most sought-after rental corridors. Constructed in 2018 with contemporary design and functionality in mind, this turnkey investment property offers strong cash flow alongside upscale finishes and highly desirable amenities. The building consists of three thoughtfully designed residential units, including two spacious 2-bedroom, 2-bathroom apartments and one expansive 4-bedroom, 4-bathroom unit, each tailored to meet the demands of todays tenants. The second-floor apartment features a private balcony, creating the perfect setting for morning coffee or evening relaxation, while the third-floor residence boasts an exclusive rooftop deck ideal for entertaining guests, enjoying panoramic skyline views, and socializing in style. Throughout the property, residents are welcomed by sleek laminate hardwood flooring, modern LED lighting, and the convenience of in-unit laundry. Each kitchen is beautifully appointed with stainless steel appliances, including refrigerators, dishwashers, built-in microwaves, and garbage disposals, complemented by elegant shaker-style cabinetry and premium quartz countertops that provide both sophistication and durability. The bathrooms are equally impressive, showcasing designer tile flooring and beautifully tiled showers that create a clean, modern aesthetic. Every bedroom is generously sized and features oversized closets along with private en-suite bathrooms, offering residents an elevated level of comfort, privacy, and convenience. Combining contemporary construction, desirable amenities, and a prime university-area location, this outstanding investment property is perfectly positioned for continued rental demand and long-term appreciation.
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FeaturesGeneralLiving Area 3672
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Settlement
Zoning RSA5
Architectural Style Other
Construction Materials Masonry
School District THE SCHOOL DISTRICT OF PHILADELPHIA
Exclusions Tenants possessions
Year Built 2018
Property Subtype Triplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Multi-Family
Subdivision Name MANTUA
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions West on Spring Garden Street North on 35th Street East on Wallace Street
City PHILADELPHIA
Number Of Units Total 3
MLS Area 19104 (19104)
Lot Size Units Square Feet
Lot Size Square Feet 1435.00
Tax Annual Amount 11941.0
Two Bedroom 2
Structure Type Interior Row/Townhouse
Price Per Sq Ft Total AG 243.51
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 224
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InteriorHeating Fuel Natural Gas
Basement Fully Finished
Hot Water Natural Gas
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N Y
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ExteriorPool No Pool
Water Source Public
Inclusions washers dryers and refrigerators
Type of Parking None
Foundation Details Other
Water View Y/N N
Lot Dimensions 14.00 x 104.00
Lot Size Acres 0.03
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 170620.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList Byscohen@mccannteam.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,156
- Monthly Property Taxes
- $995
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyMulti-family listings in Philadelphia, PA
Average List Price $548,201
Percent of Sale Price 19%
About Philadelphia, PA 1,588,239 Population
5% Since 2002
$ 42,223 Median Income
36 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
3533249 Elementary School
3533189 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/15/2026 | $675,000 | | Listed Price |