Prevu by reAlpha
BuySellBlogBrowse Listings

3424 Wallace StreetPhiladelphia, PA 19104

For Sale

$650,000

Smart Buyer Rebate $6,500

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 city’s 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 today’s 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.

Listed by Stuart C Cohen

·

License #RS154730A

·

KW Empower

·

2152750800

Last updated June 03, 2026

·

Source: BrightMLS #PAPH2622272

Listing Facts

  • TypeMulti-family
  • NeighborhoodMantua
  • Days on Prevu33
  • Taxes$11,941/year
  • Size3,672 sqft
  • Price per sqft$177

Location

Mortgage Calculator

Listing History

06/03/2026
Price Decreased
$650,000
05/14/2026
Listed by KW Empower
$675,000

Property Details for 3424 Wallace Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 3
  • Year Built: 2018
  • Architectural Style: Other
  • Construction Materials: Masonry

Features

  • Other Structures: Above Grade, Below Grade
  • Waterfront: No

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.03
  • Lot Size Dimensions: 14
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 1,435
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $11,941.00
  • Tax Year: 2025

Interior

Features

  • Fireplace: No

Measurements

  • Living Area: 3,672
  • Living Area Source: Estimated

Rooms

  • Basement: Fully Finished
  • Has Basement: Yes

Other

General

  • Exclusions: Tenants possessions

Location

  • Subdivision Name: MANTUA
  • Tax Lot: 224

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Cooling: Central A/C
  • Heating: Forced Air
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 3424 Wallace Street.

What are the annual taxes for 3424 Wallace Street?

Annual taxes for this multi-family home are estimated at $11,941.

How does 3424 Wallace Street compare to other multi-family homes in Mantua?

This multi-family home is listed 47% below the average price for multi-family homes in Mantua and has been on the market for 102 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 3,672 sqft.

3424 Wallace Street is a -bedroom multi-family home for sale in PHILADELPHIA PA 19104. Listed on Prevu for 33 days at $650,000. This includes a recent price decrease of $25,000. This property features 3,672 square feet of living space, located in Mantua. The median listing price for multi-family homes in this area is $339,500. View other multi-family home listings in Philadelphia.

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright BRIGHT, All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.