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$539,000

  • For Sale
  • Active
  • Townhouse
  • 3,718 Sq. Ft.
  • Updated 5 days ago
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GREAT INVESTMENT OPPORTUNITY IN MANAYUNK! Located just blocks away from the vibrant retail and dining scene on Main Street and Ridge Avenue, this prime corner building offers a fantastic investment opportunity in one of Philadelphia's most sought-after neighborhoods. With a total of 2,918 square feet, this mixed-use property combines residential and retail space, making it an ideal choice for investors looking to capitalize on both long-term rental income and the potential for a thriving retail business. The first-floor retail space, previously a successful restaurant tavern, comes with a commercial kitchen space and hood system, walk-in cooler, bar layout and seating for 40-80 patrons. The CMX1 zoning permits additional uses including a deli/grocery store, daycare facility, boutique, financial services, pet store, or medical practice. Above the retail space, there are two newly renovated 1-bedroom apartments on the 2nd and 3rd floors, each featuring modern updates including new flooring, stainless steel appliances, and stylish new bathrooms. These apartments are currently rented and the photos show their condition prior to tenants moving in. Located in a high-demand, thriving neighborhood, this mixed-use property is an excellent investment with great potential for both rental income and business ventures.

Full Property Details for 3847 Terrace St

General

  • Price: $539,000
  • Taxes: $5,039 (2025)
  • Status: Active
  • Type: Townhouse
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2682252
  • Updated: 10/26/2026
  • Added to Site: 10 day(s) ago

Rental Information

  • Lease Info: Yearly

Interior

  • Interior Features: Bar, Breakfast Area, Ceiling Fan(s), Combination Kitchen/Dining, Combination Kitchen/Living, Floor Plan - Traditional, Kitchen - Eat-In
  • Appliances: Stainless Steel Appliances, Washer/Dryer Stacked
  • Flooring: Ceramic Tile, Luxury Vinyl Tile

Exterior

  • Exterior Features: Sidewalks, Street Lights

Parking

  • Parking Type: On Street

Location

  • Area: 19128 (19128)
  • Municipality: PHILADELPHIA
  • County: PHILADELPHIA
  • Driving Directions: E on Terrace

School Information

  • School District: Philadelphia City

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Septic
  • Water: Public

Structural Information

  • Architectural Style: Traditional
  • Structure Type: End of Row/Townhouse
  • Construction: Masonry
  • Basement: Yes
  • Basement Desc.: Connecting Stairway, Full, Poured Concrete, Unfinished
  • Foundation: Concrete Perimeter
  • Roof: Flat
  • Walls/Ceilings: Dry Wall, Plaster Walls
  • Stories/Levels: 3
  • Square Feet: 3,718
  • Sq. Ft. Source: Estimated
  • Living Area: 2,918 Sq. Ft.
  • Finished Above Grnd: 2,918 Sq. Ft.
  • Year Built: 1900
  • Year Built Source: Assessor
  • Property Condition: Excellent

Unit Information

  • Other Units: Unit 1, Unit 1, Unit 1

Lot Features

  • Lot Size (Acres): 0.04
  • Lot Size (Sq. Ft.): 1,569
  • Lot Size Source: Assessor
  • Lot Dimensions: 19.00 x 83.00
  • Zoning: CMX1

Financial Considerations

  • Price Per Sq. Ft.: $184.72
  • Assessment Year: 2025
  • School Tax: $2,822
  • City/TownTax: $2,217
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $360,000
  • Tax Amount: $5,039
  • Tax Year: 2025
  • Tax Total Finished Sq. Ft.: 2918

Disclosures and Reports

  • Ownership: Fee Simple
  • Inclusions: Stainless steel appliances available in the apartment units - please confirm with listing agents.
  • Lot Number: 82

Listed by Compass Pennsylvania, LLC, Steven G Everett and Compass Pennsylvania, LLC, Meghan E Chorin

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Listing agents

— 3847 Terrace St —

  • Steven G Everett

    Compass Pennsylvania, LLC

  • Meghan E Chorin

    Compass Pennsylvania, LLC

Listing Office Email: kenenochs@compass.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 3847 Terrace St

School District:Philadelphia City School District
NameGradesDistance
Cook-Wissahickon School
201 East Salaignac Street, Philadelphia, PA 19128
K-80.3 mi
Roxborough High School
6498 Ridge Avenue, Philadelphia, PA 19128
9-111.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3847 Terrace St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/22/2026
Listed
$539,000
45.09%
MLS
3/12/2020
Sold
$371,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3847 Terrace St

Year
Property Taxes
Change
Tax Assessment
Change
2026
$5,039
—
$370,800
3%
2025
$5,039
—
$360,000
—
2024
$5,039
50%
$360,000
50%
2023
$3,369
9%
$240,700
100%
2021
$3,084
—
-100%
2020
$3,084
1%
$220,300
1%
2019
$3,061
-3%
$218,700
-3%
2018
$3,155
-34%
$225,400
-34%
2017
$4,759
-14%
$340,000
-14%
2016
$5,514
4%
$393,900
—
2015
$5,278
—
$393,900
—
2014
$5,278
168%
$393,900
1854%
2013
$1,970
—
$20,160
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 3847 Terrace St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Compass Pennsylvania, LLC, Steven G Everett and Compass Pennsylvania, LLC, Meghan E Chorin

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3847 Terrace Street, Philadelphia, PA 19128 (MLS# PAPH2682252) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 3847 Terrace Street is currently listed for $539,000 and was received on October 22, 2026. Want to learn more about 3847 Terrace Street? Do you have questions about finding other Townhouse real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

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