3942 Wallace St

Philadelphia, PA 19104
  • $370,000

    Price
  • 3

    Bed
  • 0

    Bath
  • 1,907

    SqFt

About the Listing RMACCS - 3195070

The possibilities are wide open in this corner-unit duplex with a separate office/studio space and its own entrance, located in a booming West Philadelphia neighborhood near Drexel University and the University of Pennsylvania. The first-floor unit is accessed through a side entrance and features a fully updated kitchen with granite countertops and newer appliances, flowing seamlessly into a spacious living area with wood floors. This level also includes a full updated bath, a stackable washer and dryer, and a hallway leading to a large, fenced rear yard—ideal for outdoor enjoyment or future expansion. The second-floor unit, also accessed from the side, offers a thoughtfully designed layout with a central living and kitchen area, in-unit laundry, and two bedrooms with two full baths, positioned to maximize privacy. This unit features separate utilities and central air, enhancing comfort and efficiency. Adding to the property’s flexibility is a separate storefront-style space with a large display window, its own entrance, and a roll-up security gate. Currently unused, this space can be opened to the first-floor unit to create additional living or work space, or maintained as a distinct office or studio. The unfinished basement is accessed via a street-level Bilco door and provides ample storage or future potential. Surrounded by new construction and ongoing development, this property offers significant upside—perfect for investors, owner-occupants, or live-in/rent-out buyers seeking versatility and long-term value.

Listing Highlights

Status Active
Days on Site 7
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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