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MLS: #PAPH2578578, Listed By: Melissa Purnell, RE/MAX Access, Source:Bright MLS

3942 Wallace Street

PHILADELPHIA, PA 19104
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Bed 3

Bed

Bath 0

Bath

SqFt1,907

Sqft

Acres0.03

Acre(Lot)

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 it s 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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Detail Ic Property Details

Property Type : Residential Income

Price : $324,999

AD Id : 74621047

MLS Id : PAPH2578578

Beds : 3

Lot Size : 0.03 Acre

Living Area Size : 1,907

Year Built : 1950

County : PHILADELPHIA

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Map

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Feature Features

  • Bedroom Information

    Total beds: 3

    Room Information

    Rooms Total: 8 Has Basement: Yes Basement: Exterior Entry, Unfinished
  • Flooring Information

    Hardwood
  • Roofing Information

    Flat
  • Interior Features

    Recessed Lighting Roof: Flat Appliances: Cooktop, Electric Water Heater, Refrigerator, Microwave
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air, Electric

  • Building Information

    Year Built: 1950 Building Area Total: 1907 Pool Features: None Private Pool: No

  • Lot Information

    Lot Size Acres: 0.03 Lot Size Source: Estimated Lot Size Square Feet: 1176 Lot Description: Back Yard

  • Listing Price Information

    Listing Price: $324999

  • Tax Information

    Parcel Number: 774167500 Tax Lot: 42 Tax Year: 2026 Annual Tax: $1412

  • Parking Information

    None

  • Location Information

    Direction: Use GPS WaterSource: Public Security Features: Security Gate
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3101 Haverford Avenue, Philadelphia, PA, 19104 $650,000 5 -- 2,304 2,304 SqFt
3108 Haverford Avenue, Philadelphia, PA, 19104 $899,900 7 -- 1,998 1,998 SqFt
651 N 33rd Street, Philadelphia, PA, 19104 $699,900 4 -- 2,969 2,969 SqFt
500 N 34th Street, Philadelphia, PA, 19104 $900,000 7 -- 3,120 3,120 SqFt
3414 Spring Garden Street, Philadelphia, PA, 19104 $879,900 6 -- 3,214 3,214 SqFt
3424 Wallace Street, Philadelphia, PA, 19104 $650,000 4 -- 3,672 3,672 SqFt
3627 Powelton Avenue, Philadelphia, PA, 19104 $985,000 6 -- 2,712 2,712 SqFt
623 N 36th Street, Philadelphia, PA, 19104 $925,000 6 -- 3,264 3,264 SqFt
3625 Spring Garden Street, Philadelphia, PA, 19104 $1,199,000 4 -- 4,000 4,000 SqFt
3707 Hamilton Street, Philadelphia, PA, 19104 $750,000 2 -- 3,422 3,422 SqFt

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 ByOwner 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 closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 06/20/2026 @ 22:40

MLS: PAPH2578578 LISTED BY: Melissa Purnell, RE/MAX Access 215-400-2600 SOURCE: Bright MLS

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