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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.
The income description goes here to explain
| 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 Rate | 8.20% |
Melissa Purnell an agent of .
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT