3942 Wallace Street Philadelphia, PA $ 370,000
3942 Wallace Street
$ 370,000
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3942 Wallace Street

Philadelphia, PA, 19104
$ 370,000
Bedrooms3 Baths0.0

Monthly Estimate*

$ 2,278

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Multi-Family Home for sale in Philadelphia, PA

for $370,000 with 3 bedrooms. This home was built in 1950 on a lot size of 0.03.

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 yardideal 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 propertys 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 upsideperfect for investors, owner-occupants, or live-in/rent-out buyers seeking versatility and long-term value.

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Multi-Family Active

Price

$ 370,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 1,412

Style

Lot Size

0.03

Year Built

1950

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2578578

Features
General
Living Area 1907
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Immediate
Roof Flat
Appliances Built-In Microwave Refrigerator Stove
Zoning RSA5
Architectural Style Other
Security Features Security Gate
Construction Materials Masonry
School District THE SCHOOL DISTRICT OF PHILADELPHIA
Year Built 1950
Property Subtype Duplex
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Total Rooms 8
Status ACTIVE
Directions Use GPS
City PHILADELPHIA
Number Of Units Total 2
MLS Area 19104 (19104)
Lot Size Units Square Feet
Lot Size Square Feet 1176.00
Tax Annual Amount 1412.0
Property Condition Excellent
Two Bedroom 1
Structure Type Over Storefront
Price Per Sq Ft Total AG 194.02
Vacation Rental Y/N N
Location Type Urban
Standard Status Active
Year Built Source Estimated
Tax Lot 42
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Interior
Interior Amenities 2nd Kitchen Bathroom - Stall Shower Bathroom - Walk-In Shower Combination Dining/Living Combination Kitchen/Dining Recessed Lighting Studio
Heating Fuel Natural Gas
Basement Outside Entrance Unfinished
Flooring Hardwood
Hot Water Electric
Furnished Units None
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N Y
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Exterior
Pool No Pool
Lot Features Rear Yard
Water Source Public
Inclusions All appliances
Type of Parking None
Foundation Details Stone
Spa N
Water View Y/N N
Lot Size Acres 0.03
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 13120.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 3942
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* Excluded Features
List By
Re/Max Access

Broker

mkpurnell@gmail.com

Email

Affordability Calculator

$2,396
Per Month
95%
5%
0%
Monthly Principal & Interest
$2,278
Monthly Property Taxes
$118
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3533249 Elementary School
3533189 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/27/2026$370,000 Listed Price

Map


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3942 Wallace Street, Philadelphia, PA, 19104 is a Multi-Family Home for sale at $370,000 with a lot size of 0.03. 3942 Wallace Street has 3 bedrooms, 0.0 baths, and was built in 1950. The property's zip code is 19104 which is in Philadelphia, PA