INTRODUCING: THE GRACE — named for a Philadelphia icon, Grace Kelly — this boutique new construction apartment property is nestled in the northwest hills of East Falls in Philadelphia, Pennsylvania. Nearly fully leased in its first year of occupancy, 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 with studios, 1bd and 2bd apartments, 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.
Property Details
Property Features
Property Information:
Architectural Style: Other
Year Built: 2024
Living Area: 30,000 SqFt
Listing Office:
Office Name: Keller Williams Liberty Place
Office Phone: (609) 399-5454
Listing Agent: Ryan J McManus
Interior Features
Interior Information:
Flooring Type: Luxury Vinyl Plank
Exterior Features
Exterior Information:
View: City, River, Park, Panoramic
Parking Information:
Parking: None
Lot Features
Lot Information:
Lot Size: 0.28 Acres
Utilities
Utilities Information:
Heating: Other
Other
Directions Information:
Directions: BETWEEN CRESSON AND WARDEN ON MIDVALE.
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $10,500,000
Price Per SqFt: $350/SqFt
Tax Information:
Annual Amount: $2,293
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Philadelphia, PA.
This property is $10.2M more than the Median Sold Price and $151/SqFt more than other homes in Philadelphia, PA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #PAPH2412980
Listing Office:
Office Name: Keller Williams Liberty Place
Office Phone: (609) 399-5454
Listing Agent: Ryan J McManus
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
John B. Kelly Elementary School
5116 Pulaski Ave
Distance between this listing and this school1.31 miles
Public District Grades KG-5
1
/10
Thomas May Peirce Elementary School
2300 W Cambria St
Distance between this listing and this school1.66 miles
Public District Grades KG-6
1
/10
Richard R. Wright Elementary School
2700 W Dauphin St
Distance between this listing and this school1.81 miles
Public District Grades KG-5
Nearby Schools
3
/10
Thomas Mifflin School
3624 Conrad St
Distance between this listing and this school0.05 miles
Public District Grades KG-8
5
/10
Cook-Wissahickon Elementary School
201 E Salaignac St
Distance between this listing and this school0.97 miles
Public District Grades KG-8
4
/10
Rhodes Elementary School
2900 W Clearfield St
Distance between this listing and this school1.08 miles
Public District Grades KG-8
Nearby Schools
2
/10
Randolph A. Philip Avt High School
3101 Henry Ave
Distance between this listing and this school0.78 miles
Public District Grades 9-12
3
/10
Mastery Charter School-Pickett Campus
5700 Wayne Ave
Distance between this listing and this school1.41 miles
Public Charter Grades 6-12
3
/10
Strawberry Mansion High School
3133 Ridge Ave
Distance between this listing and this school1.70 miles
The neighbors living near this home have an average income of $82,863. Most Philadelphia, PA residents have annual incomes between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3503 Midvale Ave
What is the listing price of this property?
The listing price of 3503 Midvale Ave property is $10,500,000.
What type of property is this?
The property 3503 Midvale Ave is a house located in Philadelphia, Pennsylvania, 19129.
Is this property for sale now?
Active Listing: 3503 Midvale Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $2,293 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on March 19, 2021 for $925,000. (source: MLS/tax record).
What is the square footage of this property?
The property 3503 Midvale Ave is 30,000 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 3503 Midvale Ave is 2024.
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This home is located at 3503 Midvale Ave in Philadelphia, PA and zip code 19129 in the East Falls neighborhood. This 30,000 square foot home, which was built in 2024, sits on a 0.28 acre lot. It has been listed on Rocket Homes since October 23, 2024 and is currently priced at $10,500,000.
While more than 252 listings in Philadelphia, PA in October 2024 were sold above asking price, there were more than 237 listings sold at asking price, and more than 567 were sold below. The number of homes for sale in Philadelphia, PA increased by 9.8% between September 2024 and October 2024. In October 2024, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $261,807.
From Rocket Homes Real Estate and based on county public records data.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. 
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