# 3942 WALLACE Street, PHILADELPHIA, PA 19104

> **TL;DR:** residential multi family, $324,999 ($170/sqft), built 1950, 1,907 sqft.
> A/C. Est. $1,408/mo. Listed 91 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $324,999 |
| Price/sqft | $170 |
| Square Feet | 1,907 |
| Year Built | 1950 |
| Lot Size | 1,176 sqft (0.03 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 91 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,408 |
| **Total** | **$1,408** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1950
- 0.03 acre lot

## Description

### Agent Description
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.

## Location

- **Address:** 3942 WALLACE Street, PHILADELPHIA, PA 19104
- **County:** PHILADELPHIA
- **Coordinates:** 39.964, -75.20119
- **Google Maps:** https://www.google.com/maps?q=39.964,-75.20119

## Listing Agent

- **Name:** Melissa Purnell
- **Brokerage:** RE/MAX Access
- **Phone:** 2672733440
- **Email:** mkpurnell@gmail.com

## Primary Photo

![3942 WALLACE Street - Primary Photo](http://lh.rdcpix.com/39c16ca2e7f65a9b542f5ee5c5065ce5l-f3905628127r.jpg)

*42 total photos available on [listing page](https://www.propertysimple.com/listing/3942-wallace-street-philadelphia-pa-19104-h2578578)*

---

**MLS#:** PAPH2578578 | **Updated:** 2026-04-29
**Source:** listhub

*Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/3942-wallace-street-philadelphia-pa-19104-h2578578)

---

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