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For sale
  • Price cut: $25K (6/3)
    $650,000

    3424 Wallace St, Philadelphia, PA 19104

    8beds
    8baths
    3,672sqft
    : 
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    Townhouse
    Built in 2018
    -- sqft lot
    $637,700 Zestimate®
    $177/sqft
    $-- HOA

    What's special

    Panoramic skyline viewsPremium quartz countertopsElegant shaker-style cabinetryPrivate balconyExclusive rooftop deckConvenience of in-unit laundryModern led lighting
    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.
    58 days
    |
    158
    |
    9
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Stuart Cohen 215-275-0800,

    KW Empower 215-627-3500,

    Listing Team: The Mike Mccann Team, Co-Listing Team: The Mike Mccann Team,Co-Listing Agent: Zachary Cohen 610-513-4072,

    KW Empower

    Source: Bright MLS,MLS#: PAPH2622272MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 8
      Basement
      • Area: 900
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Gas Water Heater
      Features
      • Basement: Finished
      • Has fireplace: No
      Interior area
      • Total structure area: 3,672
      • Total interior livable area: 3,672 sqft

      Property

      Parking
      • Parking features: None
      Accessibility
      • Accessibility features: None
      Features
      • Pool features: None
      Lot
      • Size: 1,435 Square Feet
      • Dimensions: 14.00 x 104.00
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 242083600
      • Zoning: RSA5
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Townhouse
      Materials
      • Masonry
      • Foundation: Other
      Condition
      • New construction: No
      • Year built: 2018

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Mantua
      Location
      • Region: Philadelphia
      • Municipality: PHILADELPHIA

      Financial & listing details

      • Price per square foot: $177/sqft
      • Tax assessed value: $853,100
      • Annual tax amount: $11,941
      • Date on market: 5/14/2026
      • Listing agreement: Exclusive Right To Sell
      • Inclusions: Washers, Dryers And Refrigerators
      • Exclusions: Tenants Possessions
      • Ownership: Fee Simple

        Estimated market value

        $637,700

        $606,000 - $670,000

        $1,791/mo

        Price history

        DateEventPrice
        6/3/2026Price change$650,000-3.7%$177/sqft
        Source: Bright MLS #PAPH2622272 Report a problem
        5/14/2026Listed for sale$675,000-6.9%$184/sqft
        Source: Bright MLS #PAPH2622272 Report a problem
        10/25/2021Sold$725,000-6.5%$197/sqft
        Source: Public Record Report a problem
        5/24/2021Price change$775,000-0.6%$211/sqft
        Source: Bright MLS #PAPH993800 Report a problem
        5/18/2021Price change$780,000-1.9%$212/sqft
        Source: Bright MLS #PAPH993800 Report a problem
        4/27/2021Price change$795,000-0.5%$217/sqft
        Source: Bright MLS #PAPH993800 Report a problem
        3/8/2021Listed for sale$799,000$218/sqft
        Source: Bright MLS #PAPH993800 Report a problem
        3/8/2021Listing removed$799,000$218/sqft
        Source: Bright MLS #PAPH980628 Report a problem
        2/10/2021Listed for sale$799,000+4.4%$218/sqft
        Source: Bright MLS #PAPH980628 Report a problem
        11/18/2019Listing removed$765,000$208/sqft
        Source: The Philadelphia Real Estate C #PAPH836112 Report a problem
        9/30/2019Listed for sale$765,000+1175%$208/sqft
        Source: The Philadelphia Real Estate C #PAPH836112 Report a problem
        9/1/2016Sold$60,000-7.6%$16/sqft
        Source: Public Record Report a problem
        7/1/2016Listed for sale$64,900-0.2%$18/sqft
        Source: RE/MAX AFFILIATES #6820768 Report a problem
        5/31/2016Listing removed$65,000$18/sqft
        Source: RE/MAX Affiliates N.E. #6736587 Report a problem
        2/25/2016Price change$65,000-27.8%$18/sqft
        Source: RE/MAX Affiliates N.E. #6736587 Report a problem
        2/4/2016Listed for sale$90,000+38.5%$25/sqft
        Source: Owner Report a problem
        2/2/2015Listing removed$65,000$18/sqft
        Source: RE/MAX SPECIALISTS #6473046 Report a problem
        10/17/2014Listed for sale$65,000+4233.3%$18/sqft
        Source: RE/MAX SPECIALISTS #6473046 Report a problem
        5/8/2013Sold$1,500
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$11,942 +2001.2%$853,100 +2001.2%
        2024$568 $40,600
        2023$568 +20.5%$40,600
        2022$472 --
        2021$472 --
        2018$472 --
        2017$472 --
        2016$472 --
        2015$472 --
        2014$472 +141.1%$14,600 +196.3%
        2012$196 $4,928 +42.6%
        2011-- $3,456
        2010-- $3,456
        2009-- $3,456
        2008-- $3,456
        2007-- $3,456 +8%
        2006-- $3,200
        2005-- $3,200
        2004-- $3,200
        2003-- $3,200
        2002-- $3,200 +26.6%
        2000-- $2,528 +33.9%
        1999-- $1,888
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Mantua

        Getting around

        86 / 100
        Very Walkable
        63 / 100
        Good Transit
        98 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: The School District Of Philadelphia

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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