For sale

Price cut: $5K (6/16)

$294,900

5516 Walnut St, Philadelphia, PA 19139

4beds

2baths

2,304sqft

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Townhouse

Built in 1925

-- sqft lot

$292,600 Zestimate^®

$128/sqft

$-- HOA

What's special

Nestled in the rapidly appreciating West Philadelphia corridor. Fully operational and income-generating duplex presents a rare opportunity to acquire a proven, turnkey asset that offers immediate cash flow. Designed for both flexibility and performance, the property features two completely independent residences with separate entrances, allowing each unit to function as its own private home. Each unit boasts a generous two-bedroom, one-bath layout. Currently operating as a successful long-term rental property, this allows the next owner to step directly into an established revenue stream. Don’t miss this rare opportunity to acquire a performing asset with built-in income and long-term upside in one of Philadelphia’s most vibrant neighborhoods. Schedule your private showing today!

113 days

116

9

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Basement

Area: 0

Heating

Radiator, Natural Gas

Cooling

Window Unit(s), Electric

Appliances

Included: Gas Water Heater

Features

Has fireplace: No

Interior area

Total structure area: 2,304
Total interior livable area: 2,304 sqft

Property

Parking

Parking features: On Street
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Pool features: None

Lot

Size: 2,000 Square Feet
Dimensions: 20.00 x 100.00

Details

Additional structures: Above Grade, Below Grade
Parcel number: 604037200
Zoning: RM1
Special conditions: Standard

Construction

Type & style

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

Materials

Masonry
Foundation: Concrete Perimeter

Condition

New construction: No
Year built: 1925

Utilities & green energy

Sewer: Public Septic, Public Sewer
Water: Public

Community & HOA

Location

Region: Philadelphia
Municipality: PHILADELPHIA

Financial & listing details

Price per square foot: $128/sqft
Tax assessed value: $273,600
Annual tax amount: $3,829
Date on market: 3/12/2026
Listing agreement: Exclusive Agency
Listing terms: Cash,Conventional,Private Financing Available
Ownership: Fee Simple
Income includes: Apartment Rentals

Estimated market value

$292,600

$278,000 - $307,000

$1,373/mo

Price history

Date	Event	Price
6/16/2026	Price change	$294,900-1.7%$128/sqft
Source: Bright MLS #PAPH2593258 Report a problem
5/13/2026	Price change	$299,900-4.8%$130/sqft
Source: Bright MLS #PAPH2593258 Report a problem
4/20/2026	Price change	$314,900-1.6%$137/sqft
Source: Bright MLS #PAPH2593258 Report a problem
4/9/2026	Price change	$319,900-1.5%$139/sqft
Source: Bright MLS #PAPH2593258 Report a problem
3/23/2026	Price change	$324,900-4.4%$141/sqft
Source: Bright MLS #PAPH2593258 Report a problem
3/12/2026	Listed for sale	$339,900$148/sqft
Source: Bright MLS #PAPH2593258 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

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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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