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$590,000
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Property Description
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.
Full Property Details
Full Property Details for 2942 W Master St
General
- Price: $590,000
- Taxes: $1,496 (2025)
- Status: Active
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PAPH2624078
- Updated: 5/25/2026
- Added to Site: 45 day(s) ago
Rental Information
- Lease Info: Long Term
Parking
- Parking Type: On Street, Off Street
Location
- Area: 19121 (19121)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: GPS Available
School Information
- School District: Philadelphia City
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Natural Gas
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional, Contemporary
- Structure Type: End of Row/Townhouse
- Construction: Masonry
- Foundation: Concrete Perimeter
- Square Feet: 1,952
- Sq. Ft. Source: Assessor
- Living Area: 1,952 Sq. Ft.
- Finished Above Grnd: 1,952 Sq. Ft.
- Year Built: 2019
- Year Built Source: Assessor
- Property Condition: Excellent
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 805
- Lot Size Source: Assessor
- Lot Dimensions: 15.00 x 54.00
- Zoning: CMX1
Financial Considerations
- Price Per Sq. Ft.: $302.25
- Assessment Year: 2026
- School Tax: $837
- City/TownTax: $658
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $106,900
- Tax Amount: $1,496
- Tax Year: 2025
- Tax Total Finished Sq. Ft.: 1952
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 159
Listed by Prestige Group Inc, Arun Philip
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Schools
Schools serving 2942 W Master St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Morris Robert School 2600 West Thompson Street, Philadelphia, PA 19121 | K-8 | 0.3 mi |
Vaux HS: A Big Picture School 2300 Master Street, Philadelphia, PA 19121 | 12- | 0.6 mi |
Franklin Benjamin High School 550 North Broad Street, Philadelphia, PA 19130 | 12-11 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2942 W Master St
Date
Details
Price
Change
Source
5/23/2026
Listed
$590,000
13.46%
MLS
1/16/2024
Sold
$520,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2942 W Master St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,496
—
$534,800
—
2024
$1,496
-27%
$534,800
4%
2023
$2,049
-41%
$513,800
100%
2021
$3,449
68%
-100%
2023
$2,049
3766%
$146,400
3753%
2020
$53
—
$3,800
—
2019
$53
—
$3,800
—
2018
$53
—
$3,800
—
2017
$53
—
$3,800
—
2016
$53
4%
$3,800
—
2015
$51
—
$3,800
—
2014
$51
-74%
$3,800
86%
2013
$200
—
$2,048
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2942 W Master St
2942 W Master Street, Philadelphia, PA 19121 (MLS# PAPH2624078) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 2942 W Master Street is currently listed for $590,000 and was received on May 23, 2026. Want to learn more about 2942 W Master Street? Do you have questions about finding other Townhouse real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

