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For sale
  • Price cut: $24.9K (4/7)
    $324,999

    3942 Wallace St, Philadelphia, PA 19104

    3beds
    3baths
    1,907sqft
    : 
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    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
    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.
    160 days
    |
    324
    |
    45
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Melissa Purnell 267-273-3440,

    RE/MAX Access 2154002600

    Source: Bright MLS,MLS#: PAPH2578578MLS Logo

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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

        DateEventPrice
        6/3/2026Listed for sale$324,999$170/sqft
        Source: Bright MLS #PAPH2578578 Report a problem
        5/13/2026Contingent$324,999$170/sqft
        Source: Bright MLS #PAPH2578578 Report a problem
        4/7/2026Price change$324,999-7.1%$170/sqft
        Source: Bright MLS #PAPH2578578 Report a problem
        3/6/2026Price change$349,900-5.4%$183/sqft
        Source: Bright MLS #PAPH2578578 Report a problem
        1/27/2026Listed for sale$370,000+91.7%$194/sqft
        Source: Bright MLS #PAPH2578578 Report a problem
        10/28/2019Sold$193,000-3.5%$101/sqft
        Source: Public Record Report a problem
        10/8/2019Pending sale$199,900$105/sqft
        Source: Coldwell Banker Preferred - Blue Bell Office #PAPH803070 Report a problem
        9/14/2019Listed for sale$199,900$105/sqft
        Source: Coldwell Banker Preferred - Blue Bell Office #PAPH803070 Report a problem
        8/2/2019Pending sale$199,900$105/sqft
        Source: Coldwell Banker Preferred - Blue Bell Office #PAPH803070 Report a problem
        7/17/2019Price change$199,900-7%$105/sqft
        Source: Coldwell Banker Preferred - Blue Bell Office #PAPH803070 Report a problem
        6/3/2019Listed for sale$215,000-4.4%$113/sqft
        Source: Coldwell Banker Preferred-Blue #PAPH803070 Report a problem
        4/29/2019Listing removed$225,000$118/sqft
        Source: Premium Realty Group Inc #1001578572 Report a problem
        4/27/2019Listing removed$1,200$1/sqft
        Source: Premium Realty Group Inc #1010005150 Report a problem
        2/19/2019Listed for sale$225,000$118/sqft
        Source: Premium Realty Group Inc #1001578572 Report a problem
        12/11/2018Listing removed$225,000$118/sqft
        Source: Premium Realty Group Inc #1001578572 Report a problem
        10/26/2018Listed for rent$1,200$1/sqft
        Source: Premium Realty Group Inc #1010005150 Report a problem
        5/24/2018Listed for sale$225,000+246.2%$118/sqft
        Source: Premium Realty Group Inc #1001578572 Report a problem
        12/27/2016Sold$65,000+225%$34/sqft
        Source: Public Record Report a problem
        11/5/1998Sold$20,000$10/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        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

        Getting around

        73 / 100
        Very Walkable
        62 / 100
        Good Transit
        93 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        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.

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