3942 Wallace St, Philadelphia, PA 19104
Local realty services provided by:ERA Byrne Realty
Listed by: melissa purnell
Office: re/max access
MLS#:PAPH2578578
Source:BRIGHTMLS
Price summary
- Price:$324,999
- Price per sq. ft.:$170.42
About this home
Live in one unit, rent the other and let the property pay for itself.
This corner-unit duplex in booming West Philadelphia last generated $2,400/month in rent, with low annual taxes of just $1,412 making it one of the most compelling house-hack opportunities near Drexel University and the University of Pennsylvania.
First-Floor Unit features a fully updated kitchen with granite countertops and newer appliances, open living and dining area with hardwood floors, a full updated bath, in-unit stackable washer/dryer, and direct access to a large fenced rear yard.
Second-Floor Unit offers two bedrooms, two full baths, a combined living and kitchen area, in-unit laundry, separate utilities, and central air designed for privacy and independent living.
Bonus Flex Space a separate studio with its own entrance, large display window, and roll-up security gate. Room can be opened to the first-floor unit for additional living space, or used as a dedicated home office or creative studio.
Additional features include an unfinished basement accessible via a street-level Bilco door, offering generous storage or future expansion potential.
Surrounded by new construction and active neighborhood development, this well-maintained 1,907 sq ft property was extensively remodeled in 2019 including all major utilities and is move-in ready. Whether you're an owner-occupant looking to offset your mortgage or an investor seeking a turnkey income property, 3942 Wallace St delivers immediate cash flow and long-term upside in one of Philadelphia's fastest-growing corridors.
All appliances included. Schedule your showing today....
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Home facts
- Year built:1950
- Listing ID #:PAPH2578578
- Added:159 day(s) ago
- Updated:July 06, 2026 at 01:42 PM
Rooms and interior
- Bedrooms:3
- Rooms Total:8
- Flooring:Hardwood
- Kitchen Description:2nd Kitchen, Built-In Microwave, Recessed Lighting, Refrigerator, Stove
- Basement:Yes
- Basement Description:Outside Entrance, Unfinished
- Living area:1,907 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Flat
- Year built:1950
- Building area:1,907 sq. ft.
- Lot area:0.03 Acres
- Lot Features:Rear Yard, Urban
- Construction Materials:Masonry
- Foundation Description:Stone
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$324,999
- Price per sq. ft.:$170.42
- Tax amount:$1,412 (2026)
Features and amenities
- Amenities:Recessed Lighting, Security Gate
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