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.
For sale
$325,000
5136 Walnut St, Philadelphia, PA 19139
2beds
3baths
1,760sqft
Townhouse
Built in 1925
-- sqft lot
$-- Zestimate®
$185/sqft
$-- HOA
What's special
Fully renovatedUpdated with modern finishesNew roofVinyl sidingUpdated electricalTwo studio apartmentsSpacious two-bedroom unit
- 18 days
- 83
- 9
Zillow last checked:
Listing updated:
Listed by:
Samantha Miller 215-692-3107,
Mallin Panchelli Nadel Realty Inc 2154134900
Source: Bright MLS,MLS#: PAPH2670556
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
Basement
- Area: 0
Heating
- Heat Pump, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 1,760
- Total interior livable area: 1,760 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,350 Square Feet
- Dimensions: 15.00 x 90.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 871581000
- Zoning: CMX2
- Zoning description: Legal triplex with license for 3 residential units
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Townhouse
Materials
- Masonry
- Foundation: Stone
Condition
- New construction: No
- Year built: 1925
- Major remodel year: 2019
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $185/sqft
- Tax assessed value: $326,300
- Annual tax amount: $721
- Date on market: 9/14/2026
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Total actual rent: 33600
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/14/2026 | Listed for sale | $325,000-7.1%$185/sqft |
Source: | ||
| 9/13/2026 | Listing removed | $350,000$199/sqft |
Source: | ||
| 6/2/2026 | Price change | $350,000-6.7%$199/sqft |
Source: | ||
| 5/11/2026 | Price change | $375,000-3.8%$213/sqft |
Source: | ||
| 4/15/2026 | Listed for sale | $390,000+680%$222/sqft |
Source: | ||
| 6/18/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/17/2024 | Listed for rent | $1,100$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/22/2018 | Sold | $50,000+13.6%$28/sqft |
Source: Public Record Report a problem | ||
| 11/21/2003 | Sold | $44,000$25/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,261 +47.9% | $161,500 -52.8% |
| 2024 | $1,529 -36.1% | $342,000 +100% |
| 2023 | $2,394 +56.6% | $171,000 |
| 2022 | $1,529 | -- |
| 2021 | $1,529 +0.9% | -- |
| 2018 | $1,515 | -- |
| 2017 | $1,515 +2.9% | -- |
| 2016 | $1,471 -30.5% | -- |
| 2015 | $2,117 | -- |
| 2014 | $2,117 | $151,200 |
Find assessor info on the county website
Monthly payment
Est. payment







