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Photo of 3817 Wallace Street, Philadelphia PA
3817 Wallace Street
Philadelphia, PA 19104
# of Units
4
2 Bdrm Units
2
3 Bdrm Units
2
Acres
0.03
Interior SqFt
4,000
Age
6
Heating
Electric
Cooling
Central A/C
Water
Public
Sewer
Public
Garages
0
Taxes (2025)
1,505
Additional Details Below

Description

WELCOME TO 3817 WALLACE STREET —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

Location

Listing Details

Summary
Architectural Type

Contemporary

Interior Features
Basement

Fully Finished

Exterior Features
Exterior Features

Brick

Utilities
Cooling

Central A/C, Electric

Heating

90% Forced Air, Electric

Hot Water

60+ Gallon Tank

Sewer

Public Sewer

Water

Public

Property History

Date
Change
Price

Miscellaneous

Assessment : 0
Zoning: Rsa5
Lattitude : 39.964690
Longitude : -75.198510
MLS# : PAPH2563224
Views : 57
Listing Courtesy: Gazi Ataseven of HomeSmart Realty Advisors

Notes

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Presentation: © 2026 EveryHome, Realtors, All Rights Reserved. EveryHome is licensed by the Pennsylvania Real Estate Commission - License RB066839

Real estate listings held by brokerage firms other than EveryHome are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.

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