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3937 Terrace StreetPhiladelphia, PA 19128

For Sale

$950,000

Smart Buyer Rebate $9,500

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 year’s 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!

Listed by Magdelyn Shaak Nguyen

·

License #RS361427

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Compass Pennsylvania, LLC

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7172691875

Last updated August 28, 2025

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Source: BrightMLS #PAPH2526538

Listing Facts

  • TypeMulti-family
  • NeighborhoodRoxborough
  • Days on Prevu12
  • Taxes$8,379/year
  • Size3,920 sqft
  • Price per sqft$242

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

08/28/2025
Listed by Compass Pennsylvania, LLC
$950,000

Property Details for 3937 Terrace Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 3
  • Year Built: 1940
  • Architectural Style: Air Lite
  • Construction Materials: Masonry, Hardi Plank Type

Features

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

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.03
  • Lot Size Dimensions: 19
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 1,420
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $8,379.00
  • Tax Year: 2025

Interior

Features

  • Fireplace: No

Measurements

  • Living Area: 3,920
  • Living Area Source: Assessor

Other

Features

  • Accessibility Features: Elevator

Location

  • Subdivision Name: MANAYUNK
  • Tax Lot: 32

Parking

Parking

  • Garage Spaces: 4
  • Garage: Yes

Utilities

Equipment

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

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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.