3942 WALLACE ST Philadelphia, PA 19104
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,907 sqft
Price per Sqft $194
MLS Listing ID PAPH2578578
Style Other
Abv Grd Liv Area 1,907
Year Built 1950
Annual Tax Amount $1,412
Tax Year 2026
Lot Size 1,176 Sqft
Acres 0.03
Property Sub-Type Duplex
Source BRIGHT
Property Description
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.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning RSA5
Rooms
Basement Outside Entrance, Unfinished
Interior
Interior Features 2nd Kitchen, Bathroom - Stall Shower, Bathroom - Walk-In Shower, Combination Dining/Living, Combination Kitchen/Dining, Recessed Lighting, Studio
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Flooring Hardwood
Inclusions All appliances
Equipment Built-In Microwave, Refrigerator, Stove
Fireplace N
Appliance Built-In Microwave, Refrigerator, Stove
Heat Source Natural Gas
Exterior
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Lot Description Rear Yard
Foundation Stone
Above Ground Finished SqFt 1907
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 774167500
Ownership Fee Simple
SqFt Source 1907
Security Features Security Gate
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES
- 10
Penn Alexander School
Public | KG - 8
- 9
Gamp
Public | 5 - 12
- 9
Masterman Julia R Secondary School
Public | 5 - 12
- 7
Christopher Columbus Charter School
Public | KG - 8
- 7
Folk Arts-Cultural Treasures Charter School
Public | KG - 8
- 6
Albert M. Greenfield School
Public | KG - 8
- 6
Independence Charter School
Public | KG - 8
- 5
Russell Byers Charter School
Public | PK - 6
- 5
Abram Stockton Jenks School
Public | KG - 4
- 5
Alliance for Progress Charter School
Public | KG - 8
- 5
Eliza Butler Kirkbride School
Public | KG - 8
- 4
Overbrook Elementary School
Public | KG - 6
- 4
Andrew Hamilton School
Public | KG - 8
- 4
Mastery Charter School Mann Elementary
Public | KG - 6
- 4
Discovery Charter School
Public | KG - 8
- 4
Martha Washington Elementary Academics
Public | KG - 8
- 4
Robert Morris School
Public | KG - 8
- 4
Chester A. Arthur School
Public | KG - 8
- 4
Bache-Martin Elementary School
Public | PK - 8
- 4
Andrew Jackson School
Public | PK - 8
- 4
Boys Latin of Philadelphia Charter School
Public | 6 - 12
- 4
Mastery Charter School -Shoemaker Campus
Public | 7 - 12
- 2
The Sd of Philadelphia Virtual Academy
Public | 6 - 12
- 1
Dimner Beeber Middle School
Public | 6 - 8
- 1
World Communications Charter School
Public | 6 - 12
- 0
Kohelet Yeshiva High School
Private | 8 - 12
- 0
Wordsworth Academy
Private | 6 - 12
- 0
Student Education Center & Delaware Valley High School
Private | 8 - 12
- 8
Science Leadership Academy
Public | 9 - 12
- 8
Academy at Palumbo
Public | 9 - 12
- 7
Carver High School
Public | 9 - 12
- 5
Preparatory Charter School of Mathematics Science
Public | 9 - 12
- 5
Creative and Performing Arts
Public | 9 - 12
- 5
Philadelphia Electrical & Tech Chs
Public | 9 - 12
- 5
Parkway-Center City
Public | 9 - 12
- 4
Motivation High School
Public | 9 - 12
- 4
Parkway West
Public | 9 - 12
- 4
Paul Robeson High School for Human Services
Public | 9 - 12
- 4
Franklin Lc
Public | 9 - 12
- 2
Randolph A. Philip Avt High School
Public | 9 - 12
- 1
William L. Sayre High School
Public | 9 - 12
- 1
Overbrook High School
Public | 9 - 12
- 1
John Bartram High School
Public | 9 - 12
- 1
West Philadelphia High School
Public | 9 - 12
- 1
The Workshop School
Public | 9 - 12
- 1
School of the Future
Public | 9 - 12
- 1
Universal Audenried Charter High School
Public | 9 - 12
- 1
Strawberry Mansion High School
Public | 9 - 12
GET MORE INFORMATION