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Sold for $508,000
  • $508,000

    5341 Chestnut St, Philadelphia, PA 19139

    5beds
    --baths
    3,000sqft
    Retail
    Built in 2025
    -- sqft lot
    $-- Zestimate®
    $169/sqft
    $2,377 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,377/mo

    Zestimate® history
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    What's special

    5341 Chestnut St – New Construction Triplex in West Philadelphia An incredible investment opportunity awaits with this newly built triplex in the heart of West Philadelphia. Completed in 2025, the property offers three modern units with premium finishes and a thoughtful design, all backed by a 10-year tax abatement that makes it an attractive option for investors or owner-occupants. The first floor is a one-bedroom, one-bathroom apartment with access to a private backyard, ideal for outdoor living. The second floor offers another one-bedroom, one-bathroom layout, perfect for consistent rental income. The top floor stands out with a spacious three-bedroom, two-and-a-half-bathroom residence that includes a private roof deck with sweeping views, making it a highly desirable unit for renters or an excellent option for an owner’s suite. Each unit is equipped with washer and dryer hookups, central HVAC, and contemporary finishes throughout. With new construction all around and easy access to University City, public transit, and the amenities of West Philadelphia, this property provides strong rental potential as well as long-term appreciation. Whether you are looking to expand your portfolio or take advantage of a house-hacking opportunity, 5341 Chestnut St is a must-see.

    Zillow last checked:

    Listing updated:

    Listed by:

    Moshe Adika 267-210-3080,

    TCS Management, LLC

    Bought with:

    Steven Gov, 1756543

    Realty Mark Associates-CC

    Source: Bright MLS,MLS#: PAPH2531298MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    Basement
    • Area: 0
    Heating
    • Forced Air, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Electric Water Heater
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 3,000
    • Total interior livable area: 3,000 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Accessible Hallway(s), Accessible Doors, 2+ Access Exits
    Features
    • Patio & porch: Roof
    • Pool features: None
    Lot
    • Size: 1,088 sqft
    • Dimensions: 16.00 x 68.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 885691641
    • Zoning: RM1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Contemporary
    • Property subtype: Retail
    Materials
    • Aluminum Siding, Brick
    • Foundation: Slab
    Condition
    • Excellent
    • New construction: Yes
    • Year built: 2025
    • Major remodel year: 2025

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Water Available, Electricity Available

    Community & neighborhood

    Location
    • Region: Philadelphia
    • Municipality: PHILADELPHIA

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Negotiable,Private Financing Available,Other
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    6/5/2026Sold$508,000-3.2%$169/sqft
    Source: Bright MLS #PAPH2531298 Report a problem
    2/16/2026Pending sale$525,000$175/sqft
    Source: Bright MLS #PAPH2531298 Report a problem
    9/16/2025Price change$525,000-12.4%$175/sqft
    Source: Bright MLS #PAPH2531298 Report a problem
    8/26/2025Listed for sale$599,000-13.2%$200/sqft
    Source: Bright MLS #PAPH2531298 Report a problem
    9/20/2024Listing removed$690,000$230/sqft
    Source: Bright MLS #PAPH2351816 Report a problem
    7/29/2024Listed for sale$690,000+1280%$230/sqft
    Source: Bright MLS #PAPH2351816 Report a problem
    6/24/2020Sold$50,000-9.1%$17/sqft
    Source: Agent Provided Report a problem
    3/22/2020Listing removed$55,000$18/sqft
    Source: Independence Real Estate Sales LLC #PAPH844170 Report a problem
    2/18/2020Price change$55,000-8.3%$18/sqft
    Source: Independence Real Estate Sales LLC #PAPH844170 Report a problem
    10/22/2019Listed for sale$60,000$20/sqft
    Source: Independence Real Estate Sales LLC #PAPH844170 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2016$7,836 +694.1%--
    2015$987 --
    2014$987 -8.2%$80,200 +821.4%
    2012$1,075 $8,704
    2011-- $8,704
    2010-- $8,704
    2009-- $8,704
    2008-- $8,704
    2007-- $8,704 +7.5%
    2006-- $8,096
    2005-- $8,096
    2004-- $8,096 +10%
    2003-- $7,360 +9.5%
    2002-- $6,720 +5%
    2000-- $6,400
    1999-- $6,400

    Find assessor info on the county website

    Neighborhood: Cobbs Creek

    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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