3942 Wallace Street • Philadelphia, PA 19104

$324,999 Beds: 0 • Baths:Sq. Feet: 1907 • MLS ID: PAPH2578578 • Subdivision:School Dist: THE SCHOOL DISTRICT OF PHILADELPHIA
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. View this listing at: http://www.homesalecareers.com/mls=PAPH2578578

Property Features

  • Taxes: $1,412
  • Basement: Yes
  • Roof Type: Flat
  • Exterior: Masonry
  • Lot Size: 0.03 Acres
  • Lot Dimensions: 0.03 Acre(S)
  • Heating: Forced Air
  • Fuel Type: Natural Gas
  • Cooling: Central A/C
  • Year Built: 1950
  • Water: Public
  • Sewer: Public Sewer
  • Units: 2
  • Number of Rooms: 8
  • One Bedroom Units: 1
  • Two Bedroom Units: 1
  • Municipality: PHILADELPHIA
  • Additional Structures: Above Grade,Below Grade
  • Location Description: Urban
  • Lot Description: Rear Yard
  • Structure Type: Over Storefront
  • Total Garage/Parking Spaces: 0
  • Appliances: Built-In Microwave,Refrigerator,Stove
  • Basement: Outside Entrance,Unfinished
  • Interior: 2nd Kitchen,Bathroom - Stall Shower,Bathroom - Walk-In Shower,Combination Dining/Living,Combination Kitchen/Dining,Recessed Lighting,Studio
  • Flooring: Hardwood

School Information

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Printed May 19, 2026


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