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For sale
  • Price cut: $10K (7/20)
    $360,000

    5040 Market St, Philadelphia, PA 19139

    4beds
    2baths
    1,650sqft
    : 
    $2,295/mo
    Get pre-qualified
    Townhouse
    Built in 1925
    -- sqft lot
    $-- Zestimate®
    $218/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.
    165 days
    191
    19

    Zillow last checked:

    Listing updated:

    Listed by:

    Deidre Quinn 267-225-3678,

    EXP Realty, LLC 8883977352,

    Co-Listing Agent: Gayle Thigpen 267-844-0843,

    EXP Realty, LLC

    Source: Bright MLS,MLS#: PAPH2595878MLS Logo

      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: $218/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

        Not available

        Price history

        DateEventPrice
        7/20/2026Price change$360,000-2.7%$218/sqft
        Source: Bright MLS #PAPH2595878 Report a problem
        4/21/2026Price change$369,999-2.6%$224/sqft
        Source: Bright MLS #PAPH2595878 Report a problem
        3/18/2026Listed for sale$379,999+1166.7%$230/sqft
        Source: Bright MLS #PAPH2595878 Report a problem
        10/8/2015Sold$30,000$18/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        Monthly payment

        Est. payment

        Payment breakdown

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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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Walnut Hill

        Getting around

        73 / 100
        Excellent Transit

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: The School District Of Philadelphia

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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