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- $9.8M Price
- 30,000 Sqft
- .28 Acres
- 336 DOM
3503 Midvale Ave
INTRODUCING: THE GRACE — named for a Philadelphia icon, Grace Kelly — this boutique, 34-unit, 30K SF new construction apartment property is nestled in the northwest hills of East Falls in Philadelphia, Pennsylvania. This premium turnkey multifamily asset commands an impressive streetscape presence on Midvale Avenue — the winding, bucolic avenue which runs from the top of the hill to the Schuylkill River. Located in the storybook East Falls setting where extremely high barriers-to-entry exists, the building is comprised of studios, 1bd and 2bd apartments and commercial space. Residents have access to a fully furnished fitness center on the ground floor to practice everyday health and wellness, as well as a panoramic rooftop terrace showcasing views of the lush surrounds. The Property is set back from the bustling Ridge Ave corridor and tucked into the landscape, providing a quiet respite for residents. Yet, it’s just steps from the plentiful shops, restaurants, cafes and amenities in the East Falls borough, and equally convenient to Main Street Manayunk, The Schuylkill River Trail, Septa’s regional rail station, Jefferson University, Wissahickon Valley Park, Bala Cynwyd shopping + office districts, and so much more—just outside of the urban core. The asset carries the benefits of a 10 year tax abatement along with minimal expenditures, in an area poised for above-average rent growth and appreciation — NW PHL. BUYER RESPONSIBLE TO VERIFY TAXES, FINANCIALS, SF IN DD. 48HR NOTICE REQUIRED TO TOUR.
Essential Information
- MLS® #PAPH2385318
- Price$9,750,000
- Bathrooms0.00
- Square Footage30,000
- Acres0.28
- Year Built2024
- TypeCommercial Sale
- Sub-TypeFive Or More Units
- StatusActive
Community Information
- Address3503 Midvale Ave
- Area19129
- SubdivisionEAST FALLS
- CityPHILADELPHIA
- CountyPHILADELPHIA-PA
- StatePA
- MunicipalityPHILADELPHIA
- Zip Code19129
Amenities
View
City, River, Park/Greenbelt, Panoramic
Interior
- HeatingWall Unit
- CoolingDuctless/Mini-Split
- # of Stories5
Exterior
- RoofOther
- FoundationConcrete Perimeter
School Information
District
THE SCHOOL DISTRICT OF PHILADELPHIA
Additional Information
- Date ListedAugust 9th, 2024
- Days on Market336
- ZoningCMX25
Listing Details
- OfficeKeller Williams Liberty Place
- Office Contact6093995454
Price Change History for 3503 Midvale Ave, PHILADELPHIA, PA (MLS® #PAPH2385318)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced | $9,750,000 | $150,000 (1.52%) | |
| Price Reduced | $9,900,000 | $600,000 (5.71%) | |
| Price Reduced (from $11,000,000) | $10,500,000 | $500,000 (4.55%) |
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Listing information last updated on July 10th, 2025 at 12:31pm CDT.