For sale

Price cut: $10K (4/21)

$369,999

5040 Market St, Philadelphia, PA 19139

4beds

2baths

1,650sqft

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Townhouse

Built in 1925

-- sqft lot

$-- Zestimate^®

$224/sqft

$-- HOA

What's special

Separate rear basement accessWelcoming front porchSeparate private entrances

Turnkey, fully renovated legal duplex offering a strong, income-producing opportunity with established tenants already in place. Each well-designed unit features 2 bedrooms and 2 full baths, along with separate private entrances for added privacy and convenience. The first-floor unit includes access to a rear patio and is currently empty perfect for owner occupied. The second-floor unit also offers 2 bedrooms and 2 baths and is leased through PHA at $1,343 per month through May 31, 2027, providing stable, long-term income. Both units are equipped with in-unit washer and dryer, central air, and forced heat, enhancing overall appeal and tenant retention. Additional features include a welcoming front porch and separate rear basement access, allowing for owner storage without disruption to occupants.

117 days

206

8

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Basement

Area: 0

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Included: Dryer, Dishwasher, Microwave, Electric Water Heater

Features

Basement: Full
Has fireplace: No

Interior area

Total structure area: 1,650
Total interior livable area: 1,650 sqft

Property

Parking

Parking features: On Street
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Patio & porch: Patio, Porch
Pool features: None

Lot

Size: 1,985 Square Feet
Dimensions: 21.00 x 95.00

Details

Additional structures: Above Grade, Below Grade
Parcel number: 602002200
Zoning: CMX2
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Victorian
Property subtype: Townhouse

Materials

Masonry
Foundation: Other

Condition

Very Good
New construction: No
Year built: 1925

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Walnut Hill

Location

Region: Philadelphia
Municipality: PHILADELPHIA

Financial & listing details

Price per square foot: $224/sqft
Tax assessed value: $59,990
Annual tax amount: $839
Date on market: 3/18/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,FHA,VA Loan
Inclusions: All Blinds, Appliances
Ownership: Fee Simple

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
4/21/2026	Price change	$369,999-2.6%$224/sqft
Source: Bright MLS #PAPH2595878 Report a problem
3/18/2026	Listed for sale	$379,999+1166.7%$230/sqft
Source: Bright MLS #PAPH2595878 Report a problem
10/8/2015	Sold	$30,000$18/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,129 +417.2%	$295,000 +5.2%
2024	$798	$280,500
2023	$798 +51.3%	$280,500
2022	$528	--
2021	$528 -36.6%	--
2018	$833	--
2017	$833 +98.3%	--
2016	$420 -93.4%	--
2015	$6,341	--
2014	$6,341 +629.2%	$64,900 +734.6%
2012	$870	$7,776
2011	--	$7,776
2010	--	$7,776
2009	--	$7,776
2008	--	$7,776
2007	--	$7,776
2006	--	$7,776
2005	--	$7,776
2004	--	$7,776 +10%
2003	--	$7,072 +9.4%
2002	--	$6,464 +4.7%
2000	--	$6,176
1999	--	$6,176

Find assessor info on the county website

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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