For sale

Price cut: $25K (6/2)

$350,000

5136 Walnut St, Philadelphia, PA 19139

2beds

3baths

1,760sqft

$2,207/mo

Get pre-qualified

Townhouse

Built in 1925

-- sqft lot

$-- Zestimate^®

$199/sqft

$-- HOA

What's special

Fully renovatedUpdated with modern finishesNew roofVinyl sidingUpdated electricalMajor system upgradesSpacious two-bedroom unit

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.

125 days

70

4

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: $199/sqft
Tax assessed value: $109,200
Annual tax amount: $721
Date on market: 4/15/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,FHA,VA Loan
Ownership: Fee Simple

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/2/2026	Price change	$350,000-6.7%$199/sqft
Source: Bright MLS #PAPH2608088 Report a problem
5/11/2026	Price change	$375,000-3.8%$213/sqft
Source: Bright MLS #PAPH2608088 Report a problem
4/15/2026	Listed for sale	$390,000+680%$222/sqft
Source: Bright MLS #PAPH2608088 Report a problem
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