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
Price cut: $25K (6/2)
$350,000
5136 Walnut St, Philadelphia, PA 19139
2beds
3baths
1,760sqft
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
- 77 days |
- 71 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Samantha Miller 215-692-3107,
Mallin Panchelli Nadel Realty Inc 2154134900
Source: Bright MLS,MLS#: PAPH2608088
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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
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 | $151,200 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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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Climate risks
Neighborhood: Walnut Hill
Nearby schools
GreatSchools rating
- 5/10Lea Henry C SchoolGrades: PK-8Distance: 0.5 mi
- 2/10Sayre William L Middle SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- District: Philadelphia City
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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A local lender can help you make sure your offer is ready when you are.
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