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3942 Wallace StreetPhiladelphia, PA 19104

For Sale

$370,000

Smart Buyer Rebate $1,750

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.

Listed by Melissa Purnell

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RE/MAX Access

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2672733440

Last updated January 27, 2026

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Source: BrightMLS #PAPH2578578

Listing Facts

  • TypeMulti-family
  • NeighborhoodMantua
  • Days on Prevu3
  • Taxes$1,412/year
  • Size1,907 sqft
  • Price per sqft$194

Location

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Listing History

01/27/2026
Listed by RE/MAX Access
$370,000

Property Details for 3942 Wallace Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 2
  • Property Condition: Excellent
  • Roof: Flat
  • Year Built: 1950
  • Architectural Style: Other
  • Construction Materials: Masonry

Features

  • Other Structures: Above Grade, Below Grade
  • Waterfront: No

Measurements

  • Lot Features: Rear Yard
  • Lot Size Acres: 0.03
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 1,176
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $1,412.00
  • Tax Year: 2026

Interior

Features

  • Appliances: Built-In Microwave, Refrigerator, Stove
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Features: 2nd Kitchen, Bathroom - Stall Shower, Bathroom - Walk-In Shower, Combination Dining/Living, Combination Kitchen/Dining, Recessed Lighting, Studio
  • Spa: No

Measurements

  • Living Area: 1,907
  • Living Area Source: Estimated

Rooms

  • Basement: Outside Entrance, Unfinished
  • Has Basement: Yes
  • Rooms Total: 8

Other

Location

  • Tax Lot: 42

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Cooling: Central A/C
  • Heating: Forced Air
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 3942 Wallace Street.

What are the annual taxes for 3942 Wallace Street?

Annual taxes for this multi-family home are estimated at $1,412.

How does 3942 Wallace Street compare to other multi-family homes in Mantua?

This multi-family home is listed 70% below the average price for multi-family homes in Mantua and has been on the market for 132 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 1,907 sqft.

3942 Wallace Street is a -bedroom multi-family home for sale in PHILADELPHIA PA 19104. Available on Prevu for 3 days at $370,000. This home features 1,907 square feet of living space, located in Mantua. The median listing price for multi-family homes in this area is $339,500. View other multi-family home listings in Philadelphia.

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.