Investments Sales Management

Other

5136 WALNUT STREET

PHILADELPHIA, PA 19139

MLS#: PAPH2608088

$390,000

Status: Active
Listing number: PAPH2608088
Listing provided by: Mallin Panchelli Nadel Realty Inc
Listing agent phone: None
Last update: 5 days ago
On site: 6 days ago
Browse Properties
Main image without alt text

Property

Beds

2

Full Baths

None

1/2 Baths

None

Year Built

1925

Sq.Footage

1,760

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.

Features & Amenities

Interior

  • Total Bedrooms

    2

  • Bathrooms

    N/A

  • Above Grade Finished Area

    1760.0

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Electric, Heat Pump

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.03

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

  • Architectural Style

    Other

Price

  • Sales Price

    $390,000

  • Tax Amount

    $721.83

  • Zoning

    Legal triplex with license for 3 residential units

  • Sq. Footage

    1, 760

  • Price/SqFt

    $221

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Stone

  • Sewer

    Public Sewer

  • Tax Lot

    123

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

PHILADELPHIA

Elementary School

Middle School

High School

Listing Courtesy of Samantha Lee Miller , Mallin Panchelli Nadel Realty Inc

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Theresa Kehler

Owner, President, Investment Property Advisor

Theresa Kehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
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.

5136 WALNUT STREET

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

💰 **Opportunity Knocks!** You've just stumbled upon a potential goldmine! This spacious multifamily property, zoned CMX-2, is brimming with untapped potential and poised to generate substantial income. 🏠 **Property Highlights:** - **Ground Floor:** Includes an apartment, utility room, and a long corridor leading to a massive rear room that once served as a studio apartment with a rooftop deck. This level is partially finished and can be configured as a cozy 1–2 bedroom unit or transformed into a storefront with a separate efficiency-style apartment. The choice is yours. - **Studio Space:** Located at the back of the property, this former studio apartment is ready for a revival or a fresh redesign tailored to your vision. - **Second Floor:** Features 2 bedrooms, a living room, bathroom, and a spacious eat-in kitchen with ample cabinetry. There's also access to the rooftop deck above the studio. - **Third Floor:** Offers 2 bedrooms, an eat-in kitchen, and a full bathroom. 🔧 **Additional Details:** - Property is being sold **as-is** and requires renovation. - Seller is unaware of any current violations. - Buyer is responsible for obtaining the Use & Occupancy certificate and handling any necessary repairs. 🚀 This one won't be on the market for long—check the comps and submit your offer today!
#PAPH2542986

PHILADELPHIA

5617 SPRUCE STREET

4 Beds

None Baths

1,700 Sq.Ft.

$331,000

MLS#: PAPH2542986

Welcome to this thoughtfully updated duplex in the heart of West Philadelphia, where comfort, flexibility, and long-term value come together seamlessly. This well-cared-for property is ideal for an owner-occupant looking to offset monthly expenses or for a buyer seeking a smart addition to their portfolio. The first-floor unit offers two comfortable bedrooms and a full bath and has been intentionally left vacant, providing a wonderful opportunity to make the space your own or welcome a tenant of your choosing. Upstairs, the bright and spacious three-bedroom, one-bath unit is currently rented for $1,600 per month, offering steady income from day one. Both units feel inviting and modern, featuring efficient mini-split systems for year-round comfort, sleek electric kitchens with stainless steel appliances, and the everyday convenience of in-unit stackable washers and dryers. Recent improvements throughout the past few years—including the roof, flooring, water heaters, and tasteful cosmetic updates—create a move-in-ready experience and peace of mind for the next owner. Set just minutes from University City, Penn, major medical centers, public transportation, and a variety of shops and restaurants, this home offers easy access to everything city living has to offer. Whether you choose to live in one unit and rent the other, or enjoy the flexibility of a fully income-producing property, this duplex presents a warm and rewarding opportunity in a highly desirable location.
#PAPH2567966

PHILADELPHIA

5215 CEDAR AVENUE

5 Beds

None Baths

2,030 Sq.Ft.

$450,000

MLS#: PAPH2567966

Here's a great opportunity to own a cash cow in the heart of fish town! This property has the potential to be a great revenue generator with the currently floorplan. First floor has a large commercial unit that can be used for multiple purposes. You will also find 2 units on the second and third floor which feature 2 bedroom & 1 bath each. The commercial unit is vacant and will need to be updated. Second floor has all new electrical, plumbing and drywall it 's almost finished and ready to go . Third floor was renovated recently and is currently occupied by the owner, also includes a small balcony. This is a unique opportunity to own a large building in one of the most highly sought after neighborhoods in Philadelphia! Schedule your showing today!
#PAPH2486802

PHILADELPHIA

151 W GIRARD AVENUE

4 Beds

None Baths

2,304 Sq.Ft.

$399,900

MLS#: PAPH2486802

Well-maintained all-brick duplex twin located in Northeast Philadelphia, directly across the street from Mayfair School. The property features two separate 2-bedroom, 1-bathroom units, all with separate utility meters. The first-floor unit offers a newly extended kitchen with granite countertops and vinyl flooring. The second-floor unit features vinyl flooring throughout. Property also includes two garages and a new roof, providing added value and peace of mind. Solid construction, good overall condition, and a prime location close to transportation, shopping, and major roadways—ideal for both owner-occupants and investors.
#PAPH2567508

PHILADELPHIA

3019 SAINT VINCENT STREET

4 Beds

None Baths

1,680 Sq.Ft.

$429,900

MLS#: PAPH2567508

legal three apartments off broad st 1 block to temple U. all occupied. unit 1: 2 bed 1 bath ,access to the yard and garage and basement,$1080/month lease till Jul ,2026. unit 2 rear: studio ,$780 month to month lease. unit 2 front: bilevel 4 beds 2 baths, $1400 till jul 2026 2 nd fl: kitchen with laundry and 1 bed 1 bath,3 rd: 3 bed 1 bath great tenants.
#PAPH2535764

PHILADELPHIA

2236 N PARK AVENUE

2 Beds

None Baths

2,368 Sq.Ft.

$379,000

MLS#: PAPH2535764

Excellent investment opportunity! Well-maintained and upgraded triplex offering strong rental income potential. Each apartment features modern cabinetry, detailed trim, and ceramic tile flooring. Property includes a detached two-car garage providing off-street parking and additional rental income. Finished basement with full bath and separate entrance offers flexibility for a fourth rental unit, in-law suite, or shared tenant space—a rare feature for this type of property. Second and third-floor units are currently vacant. First-floor unit is tenant-occupied on a month-to-month lease at $1,150/month (below market rent). Previous rents were $1,050/month for the 3rd floor and $1,100/month for the 2nd floor. The garage is currently rented for $400/month. With the newly renovated basement, rental income potential increases even further. Ideal for investors or owner-occupants seeking a strong cash-flow opportunity.
#PAPH2553390

PHILADELPHIA

240 W GLENWOOD AVENUE 42

6 Beds

None Baths

2,467 Sq.Ft.

$425,000

MLS#: PAPH2553390

None
#PAPH2369958

PHILADELPHIA

4283 FRANKFORD AVENUE

4 Beds

None Baths

3,678 Sq.Ft.

$425,000

MLS#: PAPH2369958

A must see 2+2 duplex with separate utilities. Front unit is presently vacant with anticipated rental of $1200/month plus all utilities. Rear unit is rental by a long term tenant at $550 + all utilities with a month to month lease. Good positive cash flow when fully rented. There is also a storage garage. Possible subdivision potential. Don't miss this business opportunity in Bridesburg.
#PAPH2590786

PHILADELPHIA

4631 SALMON STREET 33

4 Beds

None Baths

1,600 Sq.Ft.

$459,999

MLS#: PAPH2590786

Presenting a prime investment opportunity at 2527 N Front St, this renovated duplex offers versatility for both homeowners and investors. Unit 1 is currently vacant, featuring 1 bedroom and 1 bathroom, making it an ideal option for owner-occupants seeking to offset their mortgage by renting out the other unit. Unit 2 is occupied and boasts 3 bedrooms and 2 bathrooms, providing immediate rental income, and both units are equipped with in-unit laundry for added convenience. This property offers a seamless addition to any real estate portfolio. Situated near the vibrant Fishtown neighborhood, residents enjoy a dynamic blend of cultural, dining, and entertainment options. The area has undergone a significant transformation, becoming one of Philadelphia's most exciting neighborhoods. Local hot spots include acclaimed restaurants like Amy's Pastelillos and Bastia, both recognized among Esquire's Best New Restaurants in America for 2024. Additionally, the neighborhood is home to unique establishments such as Mural City Cellars, Philadelphia's first independent urban winery, contributing to the thriving local wine scene. The property is well-connected to public transportation, enhancing convenience for residents. The SEPTA Market-Frankford Line's Girard Station is nearby, providing easy access to various parts of the city. Additionally, the SEPTA Route 15 trolley runs along Girard Avenue, offering further transit options. The combination of modern amenities, vibrant local culture, and excellent transportation links makes this property a standout choice!
#PAPH2453112

PHILADELPHIA

2527 N FRONT STREET

4 Beds

None Baths

1,800 Sq.Ft.

$420,500

MLS#: PAPH2453112

Large 2 + 2 Duplex in Overbrook Park section of Philadelphia has front yard with cement patio for enter- -tainment and/ or relaxing. Enter into common foyer with tile floor &carpeting on stairs to 2nd fl unit) & basement access. Each unit has separate entrance ,Living room / kitchen combination, two bedrooms and 3 psc bath. Basement access is thru entry hallway. Partial basement has cement floor, storage bins for tenants, heaters , hot water tanks & Garage access . Garage opens to common driveway at rear of property and currently offers an additional rental . Roof is newer and was installed in February 2023. Convenient to City Line & Haverford Avenue shopping center, minutes to 69th street shopping ,block and a half walk to park & playground and 2 blks to public library . Close to new golf course. Property would be excellent for first time buyer. Occupy one unit and rent the other, or a seasoned investor . Property is tenant occupied and requires 24-48 hours notice either listing agent or owner must accompany. May not be able to get you into both units.
#PAPH2537568

PHILADELPHIA

7251 HAVERFORD AVENUE

4 Beds

None Baths

1,722 Sq.Ft.

$349,900

MLS#: PAPH2537568

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service