3942 Wallace St, Philadelphia, PA 19104
Local realty services provided by:ERA Reed Realty, Inc.
Listed by: melissa purnell
Office: re/max access
MLS#:PAPH2578578
Source:BRIGHTMLS
Price summary
- Price:$370,000
- Price per sq. ft.:$194.02
About this home
The possibilities are wide open in this corner-unit duplex with a separate office/studio space and its own entrance, located in a booming West Philadelphia neighborhood near Drexel University and the University of Pennsylvania.
The first-floor unit is accessed through a side entrance and features a fully updated kitchen with granite countertops and newer appliances, flowing seamlessly into a spacious living area with wood floors. This level also includes a full updated bath, a stackable washer and dryer, and a hallway leading to a large, fenced rear yard—ideal for outdoor enjoyment or future expansion.
The second-floor unit, also accessed from the side, offers a thoughtfully designed layout with a central living and kitchen area, in-unit laundry, and two bedrooms with two full baths, positioned to maximize privacy. This unit features separate utilities and central air, enhancing comfort and efficiency.
Adding to the property’s flexibility is a separate storefront-style space with a large display window, its own entrance, and a roll-up security gate. Currently unused, this space can be opened to the first-floor unit to create additional living or work space, or maintained as a distinct office or studio.
The unfinished basement is accessed via a street-level Bilco door and provides ample storage or future potential.
Surrounded by new construction and ongoing development, this property offers significant upside—perfect for investors, owner-occupants, or live-in/rent-out buyers seeking versatility and long-term value.
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Home facts
- Year built:1950
- Listing ID #:PAPH2578578
- Added:16 day(s) ago
- Updated:February 12, 2026 at 06:35 AM
Rooms and interior
- Bedrooms:3
- 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
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$370,000
- Price per sq. ft.:$194.02
- Tax amount:$1,412 (2026)
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