3942 Wallace St, Philadelphia, PA 19104 | For Sale

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For Sale $349,900 ($183.48 per Sq Ft)

$349,900 ($183.48 per Sq Ft)
  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • 1,907 Sq Ft
  • 1,176 Sq Ft

Description

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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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $349,900
Property Type Duplex (2-units)
Usable Sqft 1,907
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1950
Last Sold Unknown
Sold Price Unknown
APN # 774167500
MLS # PAPH2578578
Property ID 322543357
Lot Sqft 1,176
Zoning RSA5
Total Units 2
Days on Market 44
Original List Price Unknown
Applicances Built-In Microwave,Refrigerator,Stove%
Date Updated March 06, 2026
Date Created January 26, 2026
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 $28,800 $0
Cap Rate8.20%

Listing Provided By

Melissa Purnell an agent of .


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Data last updated: March 11, 2026.
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