$10,000 Closing Credit¹
#PAPH2411534, Jordan B Wiener, Listing Office: Compass Pennsylvania, LLC
$10,000
closing credit¹
3407 Wallace St Philadelphia, PA 19104
$1,185,000 List price
$10,000
Closing credit¹
5,082 sqft
0.06 acres
$233 / sqft
House
Property details
About 3407 Wallace St
Amazing investment opportunity. This modern, fully occupied 5-unit, 15-bedroom multi-family property, built in 2013, is situated in the highly sought-after Mantua neighborhood of Philadelphia. Just a short walk from the University of Pennsylvania and Drexel University, ensuring consistent demand from students and professionals. This property offers investors an excellent opportunity to acquire a turnkey asset with significant potential for rental growth and immediate rent increases. The property is also located within a Qualified Opportunity Zone, providing potential tax advantages for investors. The unit mix includes two (2) two-bedroom, one-bathroom units, one (1) three-bedroom, two-bathroom unit and two (2) four-bedroom, two-bathroom units. The units offer hardwood floors, stainless-steel appliances, in-unit washer and dryers, intercom system and much more. Don’t miss this rare opportunity to own a high-performing multi-family property in a rapidly developing area.
Highlights
Home typeOther
HeatingHeat Pump
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)
(ACTIVE UNDER CONTRACT)
CoolingCentral Air
Size5,082 sqft
Lot size0.06 Acres
Year built2013
MLS #PAPH2430570
Summary
- MLS Number: PAPH2430570
- MLS Name: BRIGHT
- Office Name: KW Empower
- Office Phone: (215) 627-3500
- Office Email: vicki@kwempower.com
- Listing Agent: Steven Onesti
Information Deemed Reliable But Not Guaranteed. 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. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 7:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,185,000
3407 Wallace St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $356,700 | $499 |
| 2022 | $35,670 | $1,426 |
| 2021 | $- | $1,426 |
| 2020 | $339,800 | $1,426 |
| 2019 | $339,000 | $1,423 |
| 2018 | $329,200 | $1,382 |
| 2017 | $525,000 | $379 |
History based on county public records data.
Nearby schools
5
Samuel Powel Elementary School
Public District KG-4
0.4 mi
•301 N 36th St
3
Inquiry Charter School
Public Charter PK-5
1.2 mi
•1301 Belmont Ave
1
Richard R. Wright Elementary School
Public District KG-5
1.9 mi
•2700 W Dauphin St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $22,466. Residents of Philadelphia, PA typically earn less than $<35k each year. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
66%
<35k
28%
35k-100k
6%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
59%
Single, No Kids
28%
Single, with Kids
6%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
7%
12-17 yrs old
30%
18-34 yrs old
37%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Boston Market
Popeyes
What do the neighbors drive?
Kia
Honda
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
$10,000 Closing Credit¹
#PAPH2420430, Nelson Sinanaj, Listing Office: REALTY ONE GROUP FOCUS
$9,500 Closing Credit¹
#PAPH2377672, Rosalie Hadulias, Listing Office: Keller Williams Realty - Atlantic Shore
$8,063 Closing Credit¹
#PAPH2422746, Brian Figgs, Listing Office: Coldwell Banker Realty
Coming soon3D tour
$7,659 Closing Credit¹
#PAPH2439600, Reda B Akbil, Listing Office: Compass Pennsylvania, LLC
$2,540 Closing Credit¹
#PAPH2400856, Nathan S Naness, Listing Office: KW Empower
$1,661 Closing Credit¹
#PAPH2437696, Felice E Murphy, Listing Office: Realty Mark Associates - KOP
$6,233 Closing Credit¹
#PAPH2316992, Kellie Sharmaine Travis, Listing Office: Tesla Realty Group, LLC
$4,631 Closing Credit¹
#PAPH2373276, Michelle Marie Scott, Listing Office: Better Homes and Gardens Real Estate - Maturo PA
$5,344 Closing Credit¹
#PAPH2350320, Dion Jones, Listing Office: EXP Realty, LLC
Frequently asked questions
About 3407 Wallace St
This home is located at 3407 Wallace St in Philadelphia, PA and zip code 19104 in the Mantua neighborhood. This 5,082 square foot home, which was built in 2013, sits on a 0.06 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since December 27, 2024 and is currently priced at $1,185,000.
Philadelphia, PA housing market in January 2025 saw over 152 listings sold above listed price, more than 186 sold at listed price and over 457 sold below. The inventory of homes for sale in Philadelphia, PA between December and January 2025 increased by 3.5%. While the average time on the market in January 2025 was 52 days, the median list price was $266,945.
From Rocket Homes Real Estate and based on county public records data.