For sale

$550,000

5221 Walnut St, Philadelphia, PA 19139

3beds

3,210sqft

$3,538/mo

Get pre-qualified

Townhouse

Built in 1925

1,876 Square Feet Lot

$536,500 Zestimate^®

$171/sqft

$-- HOA

What's special

Very large private deckLarge bedroomsUpdated bathroomsCentral airGranite countertops

Renovated mixed-use building in West Philadelphia, just off the 52nd Street commercial corridor and a few blocks from the 52nd Street El station. The ground floor is leased to a daycare on a 5-year lease, providing long-term commercial income. Upstairs are two apartments, both renovated in 2021 with granite countertops, stainless steel appliances (refrigerator, stove, microwave, and dishwasher), central air, large bedrooms, and updated bathrooms. The 1-bedroom, 1-bath unit is occupied with a tenant on a 1-year lease. The 2-bedroom, 1-bath unit is vacant and ready for a new tenant, and it features a very large private deck. Current gross income is $49,200 per year, with projected gross income of $67,200 once the 2-bedroom is leased. Convenient to University City, Center City, and major transit. Buyer to verify zoning. Rent roll and pro forma available upon request. Showings only on weekends or weeknights between 6.15-7.30PM only. Full Matterport 3D walkthrough on-line.

--: on Zillow
83: views
8: saves

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 4
Full bathrooms: 2
1/2 bathrooms: 2
Main level bathrooms: 2

Basement

Area: 0

Heating

Hot Water, Natural Gas

Cooling

Central Air, Electric

Appliances

Included: Electric Water Heater

Features

Basement: Front Entrance,Exterior Entry,Unfinished
Has fireplace: No

Interior area

Total structure area: 3,210
Total interior livable area: 3,210 sqft
Finished area above ground: 3,210
Finished area below ground: 0

Video & virtual tour

View virtual tour

Property

Parking

Parking features: On Street
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Levels: Two
Stories: 2
Pool features: None

Lot

Size: 1,876 Square Feet

Details

Additional structures: Above Grade, Below Grade
Parcel number: 871580980
Zoning: RSA5
Special conditions: Standard

Construction

Type & style

Home type: Townhouse
Architectural style: Straight Thru
Property subtype: Townhouse

Materials

Masonry
Foundation: Block

Condition

New construction: No
Year built: 1925
Major remodel year: 2021

Utilities & green energy

Sewer: Public Sewer
Water: None

Community & HOA

Community

Subdivision: Philadelphia

HOA

Has HOA: No

Location

Region: Philadelphia
Municipality: PHILADELPHIA

Financial & listing details

Price per square foot: $171/sqft
Tax assessed value: $222,400
Annual tax amount: $3,113
Date on market: 10/1/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Other
Ownership: Fee Simple

Estimated market value

$536,500

$510,000 - $563,000

$2,480/mo

Price history

Date	Event	Price
1/31/2024	Listing removed	--
Source: Zillow Rentals Report a problem
1/17/2024	Price change	$1,500-14.3%
Source: Zillow Rentals Report a problem
12/13/2023	Listed for rent	$1,750$1/sqft
Source: Zillow Rentals Report a problem
10/23/2020	Sold	$65,000$20/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,522 +1.3%	$180,200 +1.3%
2024	$2,490	$177,900
2023	$2,490 +40.6%	$177,900
2022	$1,771	--
2021	$1,771 +1%	--
2018	$1,754	--
2017	$1,754 +3%	--
2016	$1,704 -20.4%	--
2015	$2,140	--
2014	$2,140	$152,900