$950,000

Estimated payment $5,865/month

Total Views 1,128
-- Bed
-- Bath
3,920 Sq Ft
$242 Price per Sq Ft

Highlights

  • 4 Car Direct Access Garage
  • Central Heating and Cooling System
  • 2-minute walk to Neighbors Park

About This Home

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!

Listing Agent

Maggie Nguyen

Compass RE License #RS361427 Listed on: 08/28/2025

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,379

Year Built

  • Built in 1940

Lot Details

  • 1,420 Sq Ft Lot
  • Lot Dimensions are 19.00 x 75.00

Parking

  • 4 Car Direct Access Garage

Home Design

  • 3,920 Sq Ft Home
  • Triplex
  • AirLite
  • Stone Foundation
  • HardiePlank Type
  • Masonry

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • 3 Units
  • Manayunk Subdivision

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 883727000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,379

Year Built

Built in 1940

Lot Details

0

Parking

4

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Airlite
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • Inclusions: Stoves, dishwashers, washers, dryers, refrigerators, cooktop, oven
  • New Construction: No
  • Year Built: 1940
  • Remarks Public: 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!
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Total Sq Ft: 3920
  • Living Area Sq Ft: 3920
  • Price Per Sq Ft: 242.35
  • Above Grade Finished Sq Ft: 3920
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3937

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry, Hardiplank Type
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Garage Features: Inside Access
  • Attached Garage Spaces: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: PHILADELPHIA CITY
  • School District Key: 803408593408
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: GD0
  • Lot Size Acres: 0.03
  • Lot Dimensions: 19.00 x 75.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1420.00
  • Year Assessed: 2025
  • Zoning: CMX1

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 4692.00
  • Tax Annual Amount: 8379.00
  • Assessor Parcel Number: 883727000
  • Tax Lot: 32
  • Tax Total Finished Sq Ft: 3920
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Single Room Units Count: 1

MLS Schools

  • School District Name: PHILADELPHIA CITY

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,837 $598,600 $119,720 $478,880
2024 $5,837 $598,600 $119,720 $478,880
2023 $5,837 $372,200 $74,440 $297,760
2022 $5,837 $372,200 $0 $0
2021 $5,837 $0 $0 $0
2020 $5,837 $0 $0 $0
2019 $5,696 $0 $0 $0
2018 $0 $0 $0 $0
2017 $1,534 $0 $0 $0
2016 $1,184 $0 $0 $0
2015 $1,133 $0 $0 $0
2014 -- $395,100 $26,655 $368,445
2012 -- $112,000 $2,272 $109,728
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 For Sale $950,000 +26.7% $242 / Sq Ft
12/14/2023 12/14/23 Sold $750,000 -3.2% $191 / Sq Ft
11/08/2023 11/08/23 Price Changed $775,000 -3.1% $198 / Sq Ft
10/25/2023 10/25/23 Price Changed $800,000 -5.9% $204 / Sq Ft
10/07/2023 10/07/23 Price Changed $850,000 -2.8% $217 / Sq Ft
09/26/2023 09/26/23 Price Changed $874,900 -2.8% $223 / Sq Ft
08/17/2023 08/17/23 For Sale $899,900 0.0% $230 / Sq Ft
05/15/2019 05/15/19 Rented $6,000 0.0% --
03/22/2019 03/22/19 Under Contract -- -- --
03/22/2019 03/22/19 Price Changed $6,000 +172.7% $3 / Sq Ft
12/27/2018 12/27/18 Price Changed $2,200 -8.3% $1 / Sq Ft
10/11/2018 10/11/18 Price Changed $2,400 -9.4% $1 / Sq Ft
08/05/2018 08/05/18 For Rent $2,650 -- --
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $750,000 None Listed On Document
Interfamily Deed Transfer $30,192 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $300,000 Credit Line Revolving
Previous Owner $50,000 No Value Available
Source: Public Records

Similar Homes in Philadelphia, PA

  • 3228 W Diamond St, Philadelphia, PA 19121

    $795,000

    • Studio
    • 4,061 Sq Ft
    • 3228 W Diamond St
    • Philadelphia, PA

    Exceptional opportunity to own a 5-unit multi-family property in the rapidly developing Strawberry Mansion neighborhood of Philadelphia. Zoned RM1 and spanning three stories with a finished basement, this building is perfect for investors seeking long-term growth and cash flow. Unit 1 is a 1-bedroom, 1-bath apartment currently leased at $1,270/month through 3/31/2026. Unit 2 features a spacious

    Maria Quattrone RE/MAX @ HOME

    Section Image
  • 1829 N 33rd St, Philadelphia, PA 19121

    $750,000

    • Studio
    • 3,271 Sq Ft
    • 1829 N 33rd St
    • Philadelphia, PA

    Welcome to this amazing turnkey quadruplex in Strawberry Mansion! This beautifully maintained three-story twin property is a rare find in the heart of Strawberry Mansion, offering incredible income potential across four well-appointed units. The 1st floor apartment layout includes a large 2 bed 2 bath unit featuring a living room, separate dining area, modern kitchen, convenient laundry

    Maria Quattrone RE/MAX @ HOME

    Section Image
  • 723 E Church Ln, Philadelphia, PA 19144

    $895,000

    • Studio
    • 8,485 Sq Ft
    • 723 E Church Ln
    • Philadelphia, PA

    Exceptional multi-family investment opportunity in East Germantown! This 3-story 4-unit building spans roughly 8,485 Sq/Ft and offers reliable, long-term cash flow. For the past 19 years, the property has been leased under a master lease to a well-established mental health facility currently paying $8,300/month with a 3% increase each year. This mental health facility occupies all four of the

    Maria Quattrone RE/MAX @ HOME

    Section Image
  • 1806 W Ontario St, Philadelphia, PA 19140

    $880,000

    • Studio
    • 1806 W Ontario St
    • Philadelphia, PA

    Welcome to this exceptional new construction triplex, where modern design and high-quality craftsmanship come together in perfect harmony. Each of the three spacious units features two bedrooms, offering ample space and comfort for any lifestyle.Step inside to discover elegant tile and hardwood flooring throughout, providing a stylish and durable foundation. The heart of each unit is the

    Tal Iss ISS Realty, LLC

    Section Image
  • 4107 N Broad St, Philadelphia, PA 19140

    $725,000

    • Studio
    • 2,564 Sq Ft
    • 4107 N Broad St
    • Philadelphia, PA

    Welcome to 4107 N Broad St, a beautifully remodeled multi-unit property offering incredible income potential in one of Philadelphia’s most accessible locations. The property features a two-bedroom, one-bath unit in the basement; a two-bedroom, two-bath unit on the first floor; and on the second floor, a studio plus a one-bedroom, one-bath unit with an additional living room and two more

    Glo Williams AM Realty Advisors

    Section Image
  • 1934 W Diamond St, Philadelphia, PA 19121

    $829,000

    • Studio
    • 3,858 Sq Ft
    • 1934 W Diamond St
    • Philadelphia, PA

    Lucrative investment opportunity! Discover this newly built triplex, steps from Temple University, offering a unique blend of history and modernity. The property boasts three expansive units, with the 1st-floor featuring 5 bedrooms plus a den, while the 2nd and 3rd floors each offer 3 bedrooms and 2 bathrooms. Its stylish exterior seamlessly integrates into a neighborhood rich with both new

    Tim Brogan Coldwell Banker Realty

    Section Image
  • 2138 N 18th St, Philadelphia, PA 19121

    $810,000

    • Studio
    • 2,160 Sq Ft
    • 2138 N 18th St
    • Philadelphia, PA

    Investor's Dream Duplex on Temple University Campus!This fully updated duplex, located in the heart of Temple University's campus, offers an exceptional investment opportunity with strong rental potential and versatile living spaces. The first unit spans the first floor and lower level (basement), featuring 3 bedrooms, 1 full bathroom, a kitchen, laundry, and a private yard on the main

    Maria Quattrone RE/MAX @ HOME

    Section Image
  • 2114 N 17th St, Philadelphia, PA 19121

    $715,000

    • Studio
    • 3,045 Sq Ft
    • 2114 N 17th St
    • Philadelphia, PA

    Introducing 2114 N 17th Street – A Prime Turnkey Duplex InvestmentLocated on an oversized corner lot and built in 2017, 2114 N 17th Street is a high-performing multi-family asset ideal for both seasoned and new investors. This duplex features two expansive bi-level units, each offering 5 bedrooms, 4 full bathrooms, and private outdoor space—perfectly designed for high-demand urban living.Each

    Cameron Crossley Skale Real Estate

    Section Image
  • 1702 N Gratz St, Philadelphia, PA 19121

    $995,000

    • Studio
    • 4,844 Sq Ft
    • 1702 N Gratz St
    • Philadelphia, PA

    Great Investment Opportunity! This fantastic newer construction (2021) duplex is located only a few blocks from Temple University. This building offers one 5-bedroom/4-bathroom unit (lower unit) and one 6-bedroom/4.5-bathroom unit (upper unit). The bedrooms are spacious with built-in closets and the bathrooms are beautifully done with custom tile work. Both units include tasteful high-end

    Andre Quain KW Empower

    Section Image

Source: Bright MLS

MLS Number: PAPH2526538

Bright MLS

APN: 883727000