3942 Wallace St

Philadelphia, PA 19104
  • $349,900

    Price
  • 3

    Bed
  • 0

    Bath
  • 1,907

    SqFt

About the Listing RMACCS - 3195070

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.

Listing Highlights

Status Active
Days on Site 53
Property Type Multi-Family
MLS ® PAPH2578578
Year Built 1950
Total Square Footage 1,907
Lot/Acreage 0.03

Interior Details

  • Bedrooms: 3
  • Bathrooms: 0 Full
  • Appliances: Built-In Microwave, Refrigerator, Stove
  • Air Cond: Central A/C
  • Heating: Forced Air
  • Fireplaces:
  • Floor: Hardwood
  • Above Ground Sq Ft: 1907
  • Below Ground Sq Ft: 0
  • Basement: Outside Entrance,Unfinished
  • Other: 2nd Kitchen,Bathroom - Stall Shower,Bathroom - Walk-In Shower,Combination Dining/Living,Combination Kitchen/Dining,Recessed Lighting,Studio
  • Water: Public

Exterior Details

  • Lot Description: Rear Yard,Not New Construction,Horse Property: No
  • Garage Capacity: N/A
  • Zoning: RSA5
  • Roof: Flat
  • Others: Excellent
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $1,412
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2026

Payment Calculator

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Questions About..

3942 Wallace St Philadelphia, PA 19104

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Originating MLS: BRIGHT_MAIN

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