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3424 Wallace St

Philadelphia PA 19104

4
3672 sq. ft.
1435 sq. ft.
Duplex
Currently for sale - view listing

Overview

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.

Features

4 bedrooms
3672 sq. ft. floor area
1435 sq. ft. lot size
Duplex

Property history for 3424 Wallace St

2016
Sold
$60,000
19 Aug 2016 by Geno Johnson, of RE/MAX Affiliates, N.E.

Happy sellers in Philadelphia

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We have insufficient information to provide an overview of customer satisfaction for Philadelphia. Viewing the agent profiles, reviews and sales for Philadelphia can provide insights for this location.

Local market activity for 4 bedroom duplexes in Philadelphia

In the last 12 months, 7 four-bedroom duplexes similar to 3424 Wallace St, have been sold.

This represents a 23% increase in four-bedroom duplexes sales when compared to the previous 12 months.

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