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Welcome to 2942 W Master Street, a well-maintained duplex investment opportunity located in the rapidly developing Brewerytown section of Philadelphia. This versatile property offers strong appeal for both seasoned investors and owner-occupants seeking to offset living expenses through rental income. The property features two separate residential units with spacious layouts, modern construction, functional floor plans, and strong long-term rental potential. One unit is already occupied by a long-term tenant, providing immediate rental income and added stability for the next owner. Whether you are looking to expand your investment portfolio or take advantage of a house-hacking opportunity, this property offers flexibility and value in one of Philadelphia's most active rental markets. Additional highlights include a remaining tax abatement, helping provide attractive ownership economics for investors and owner-occupants alike. Conveniently situated near public transportation, Fairmount Park, Temple University, major highways, and a variety of neighborhood restaurants, cafes, and retail destinations, the location continues to attract steady tenant demand and ongoing neighborhood growth. A great opportunity to own an income-producing property with upside potential in a prime Philadelphia location.

Source: BRIGHT MLS, MLS#: PAPH2624078

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  • Property Type
    Residential Income
  • Lot
    0.02 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 2942 W MASTER STREET


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/22/2026Source: BRIGHT MLS Status Change
ACTIVE
5/20/2026Source: BRIGHT MLS Added to Database
May 20, 2026
12/3/2024Source: BRIGHT MLS Status Change
ACTIVE UNDER CONTRACT
12/3/2024Source: BRIGHT MLS Status Change
CLOSED
12/3/2024Source: BRIGHT MLS Added to Database
November 14, 2023
Listing provided courtesy of Prestige Group Inc- MLS# PAPH2624078MLS ProviderContact Information: [email protected] - 6109023900