5136 Walnut St

Philadelphia, PA 19139
  • $350,000

    Price
  • 2

    Bed
  • 3

    Bath
  • 1,760

    SqFt

About the Listing MALLPAN - 3301126

5136 Walnut Street is a fully renovated and occupied legal triplex in West Philadelphia with a 10 year property tax abatement through 2029. The building features two studio apartments and one spacious two-bedroom unit, all updated with modern finishes. Fully rented and income-producing, the property provides immediate cash flow for investors while also presenting a great opportunity for an owner-occupant to live in one unit and offset expenses with rental income from the others. The 2020 full renovation included major system upgrades - updated electrical, plumbing, HVAC, insulation, new roof, vinyl siding and windows - providing a low-maintenance asset ready for long-term performance. Located in a convenient and growing West Philadelphia neighborhood, 5136 Walnut Street offers easy access to University City, public transportation, neighborhood shopping, and local dining, making it an attractive rental location for a wide range of tenants.

Listing Highlights

Status Active
Days on Site 111
Property Type Multi-Family
MLS ® PAPH2608088
Year Built 1925
Total Square Footage 1,760
Lot/Acreage 0.03
County Philadelphia
School District Philadelphia City

Interior Details

  • Bedrooms: 2
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond: Central A/C
  • Heating: Heat Pump - Electric BackUp
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 1760
  • Below Ground Sq Ft: 0
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Not New Construction,Horse Property: No
  • Garage Capacity: N/A
  • Lot Dimensions: 15.00 x 90.00
  • Zoning: Legal triplex with license for 3 residential units
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: On Street

Financial Details

  • Tax Amount: $722
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2026

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5136 Walnut St Philadelphia, PA 19139

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Originating MLS: BRIGHT_MAIN

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Sarah Forti

Realtor and Team Owner of Forti Homes | Forti Homes | KW Devon Wayne

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