




3942 Wallace St, Philadelphia, PA, 19104
About This Home
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.
Getting Around
Schools
Construction
Condition
- Property condition: Excellent
- Year built: 1950
Materials
- Foundation: Stone
- Roof: Flat
- Construction materials: Masonry
Notable Dates
- Major remodel year: 2019
Type & Style
- Home type: MultiFamily
- Architectural style: Other
- Property subType: Retail
Interior
Appliances
- Appliances included: Microwave,Refrigerator,Cooktop,Electric Water Heater
Basement
- Area: 0
Basement
- Has basement: Yes
- Basement: Exterior Entry,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
Features
- 2nd Kitchen,Bathroom - Stall Shower,Bathroom - Walk-In Shower,Combination Dining/Living,Combination Kitchen/Dining,Recessed Lighting,Studio,Dry Wall
- Flooring: Hardwood
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air,Electric
Interior Area
- Total structure area: 1,907
- Total interior livable area: 1,907 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 774167500
- Zoning: RSA5
- Special condition: Standard
Features
- Pool features: None
Lot
- Lot size: 1,176 sqft
- Features: Rear Yard,Urban
Parking
- Parking features: None
