3817 WALLACE ST, Philadelphia, PA 19104

• 4,000 sqft

Property Description

WELCOME TO 3817 WALLACE STREET —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

Listing Status:

Active

Date Added:

December 1, 2025 at 06:00AM

Listing Office:

HomeSmart Realty Advisors : 2156041191

Listing Agent:

Gazi Ataseven : 2677746886

MLS ID:

PAPH2563224

Interior

• Basement: Fully finished
• A/C: Central A/C
• Heating: 90% Forced AirElectric
• Disability Feature: None

Exterior

• General: Above GradeBelow Grade
• Style: Contemporary

Construction

• General: Brick

Location

• Originating MLS: BRIGHT_MAIN
• School District: PHILADELPHIA CITY
• County: PHILADELPHIA-PA

Lot

• Zoning: RSA5242100600

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN

This listing courtesy of Gazi Ataseven, HomeSmart Realty Advisors