For Sale Multi-Family MLS# PAPH2664042

1023-25 WALLACE ST

PHILADELPHIA, PA 19123

$1,500,000

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About 1023-25 WALLACE ST

Welcome to 1023 Wallace, a versatile multi-unit property sold AS-IS featuring four apartments across three floors, plus an additional basement-level unit. The property offers an excellent opportunity for investors or owner-occupants seeking a spacious income-producing residence in a convenient location. The building is thoughtfully laid out with three apartments above ground level and one apartment located in the basement, providing multiple living spaces and strong rental potential. Each unit offers functional living arrangements with the flexibility to accommodate a variety of tenants. With its multi-unit configuration and desirable location, 1023 Wallace presents an excellent opportunity to add a well-positioned property to your investment portfolio. Whether you're an experienced investor or looking to expand your rental holdings, this property offers space, flexibility, and income potential.

Property details

Property

Type
Quadruplex
MLS type
Multi Family Home
Status
Active
Year built
2014
Living area
4,444 sqft
Price / sqft
$338
Lot
0.03
Original price
$1,500,000
MLS #
PAPH2664042

Interior

Features
Central A/C, Combination Kitchen/Living, Sprinkler System, Wood Floors, true, 90% Forced Air, Electric, Fully finished, Ceramic tile, Hardwood, Built-In Microwave, Dishwasher, Disposal, Energy Efficient Appliances, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked
Appliances
Built-In Microwave, Dishwasher, Disposal, Energy Efficient Appliances, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked
Flooring
Ceramic tile, Hardwood
Heating
true, 90% Forced Air
Cooling
Central A/C

Exterior & lot

Features
Other, Above Grade, Below Grade
Construction
Masonry, Brick/Mortar
Foundation
Brick/Mortar
Lot
RSA5, 141294410

Schools

District
Philadelphia City School District

Utilities

Utilities
Public Sewer, Public, Electric available, Sewer available, Water available
Water
Public
Sewer
Public Sewer

Financial

Financial
BRIGHT_MAIN
Annual tax
$21,136
Tax year
2026
Parcel
141294410

Location

Subdivision
SPRING GARDEN
Area
19123 (19123)
County
PHILADELPHIA-PA
Neighborhood
West Poplar
Community
PHILADELPHIA-PA, BRIGHT_MAIN, THE SCHOOL DISTRICT OF PHILADELPHIA
Directions
Between 11th ST and Warnock St

Location

Neighborhood
West Poplar
Subdivision
SPRING GARDEN
School district
Philadelphia City School District

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Listed by Siew Wong, Premium Realty Castor Inc

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.