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.
For sale
Price cut: $24.9K (4/7)
$324,999
3942 Wallace St, Philadelphia, PA 19104
3beds
3baths
1,907sqft
Retail
Built in 1950
-- sqft lot
$322,700 Zestimate®
$170/sqft
$-- HOA
What's special
Corner-unit duplexFull updated bathStackable washer and dryerIn-unit laundry
- 160 days |
- 324 |
- 45 |
Zillow last checked:
Listing updated:
Listed by:
Melissa Purnell 267-273-3440,
RE/MAX Access 2154002600
Source: Bright MLS,MLS#: PAPH2578578
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Microwave, Refrigerator, Cooktop, Electric Water Heater
Features
- 2nd Kitchen, Bathroom - Stall Shower, Bathroom - Walk-In Shower, Combination Dining/Living, Combination Kitchen/Dining, Recessed Lighting, Studio, Dry Wall
- Flooring: Hardwood
- Basement: Exterior Entry,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,907
- Total interior livable area: 1,907 sqft
Video & virtual tour
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,176 Square Feet
- Features: Rear Yard, Urban
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 774167500
- Zoning: RSA5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Retail
Materials
- Masonry
- Foundation: Stone
- Roof: Flat
Condition
- Excellent
- New construction: No
- Year built: 1950
- Major remodel year: 2019
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Security Gate
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $170/sqft
- Tax assessed value: $100,900
- Annual tax amount: $1,412
- Date on market: 1/27/2026
- Listing agreement: Exclusive Agency
- Inclusions: All Appliances
- Ownership: Fee Simple
- Total actual rent: 28800
Estimated market value
$322,700
$307,000 - $339,000
$1,853/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/3/2026 | Listed for sale | $324,999$170/sqft |
Source: | ||
| 5/13/2026 | Contingent | $324,999$170/sqft |
Source: | ||
| 4/7/2026 | Price change | $324,999-7.1%$170/sqft |
Source: | ||
| 3/6/2026 | Price change | $349,900-5.4%$183/sqft |
Source: | ||
| 1/27/2026 | Listed for sale | $370,000+91.7%$194/sqft |
Source: | ||
| 10/28/2019 | Sold | $193,000-3.5%$101/sqft |
Source: Public Record Report a problem | ||
| 10/8/2019 | Pending sale | $199,900$105/sqft |
Source: Coldwell Banker Preferred - Blue Bell Office #PAPH803070 Report a problem | ||
| 9/14/2019 | Listed for sale | $199,900$105/sqft |
Source: Coldwell Banker Preferred - Blue Bell Office #PAPH803070 Report a problem | ||
| 8/2/2019 | Pending sale | $199,900$105/sqft |
Source: Coldwell Banker Preferred - Blue Bell Office #PAPH803070 Report a problem | ||
| 7/17/2019 | Price change | $199,900-7%$105/sqft |
Source: Coldwell Banker Preferred - Blue Bell Office #PAPH803070 Report a problem | ||
| 6/3/2019 | Listed for sale | $215,000-4.4%$113/sqft |
Source: Coldwell Banker Preferred-Blue #PAPH803070 Report a problem | ||
| 4/29/2019 | Listing removed | $225,000$118/sqft |
Source: Premium Realty Group Inc #1001578572 Report a problem | ||
| 4/27/2019 | Listing removed | $1,200$1/sqft |
Source: Premium Realty Group Inc #1010005150 Report a problem | ||
| 2/19/2019 | Listed for sale | $225,000$118/sqft |
Source: Premium Realty Group Inc #1001578572 Report a problem | ||
| 12/11/2018 | Listing removed | $225,000$118/sqft |
Source: Premium Realty Group Inc #1001578572 Report a problem | ||
| 10/26/2018 | Listed for rent | $1,200$1/sqft |
Source: Premium Realty Group Inc #1010005150 Report a problem | ||
| 5/24/2018 | Listed for sale | $225,000+246.2%$118/sqft |
Source: Premium Realty Group Inc #1001578572 Report a problem | ||
| 12/27/2016 | Sold | $65,000+225%$34/sqft |
Source: Public Record Report a problem | ||
| 11/5/1998 | Sold | $20,000$10/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,412 | $100,900 |
| 2024 | $1,412 | $100,900 |
| 2023 | $1,412 | $100,900 |
| 2022 | $1,412 | -- |
| 2021 | $1,412 | -- |
| 2018 | $1,412 | -- |
| 2017 | $1,412 | -- |
| 2016 | -- | -- |
| 2015 | -- | -- |
| 2014 | -- | $94,700 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Mantua
Nearby schools
GreatSchools rating
- 4/10Mcmichael Morton SchoolGrades: PK-8Distance: 0.4 mi
- 3/10West Philadelphia High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- District: The School District Of Philadelphia
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Pennsylvania
- Philadelphia County
- Philadelphia
- 19104
- Mantua
- 3942 Wallace St







