468 E WALNUT Lane Philadelphia, PA 19144
MULTI_FAMILY - Other - PHILADELPHIA, PA
- Added:
- Jul 13, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 14 at 7:06 am
Property Features for 468 E WALNUT Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Standard status
- Active
- Size
- 2,640 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3600
Utilities
- Heating system
- Hot Water(Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1910
- Floors in Building
- 2
- Number of units
- 3
- Building materials
- Masonry
- Architectural style
- Other
Listing agent Alexander Taggart Penn License #RS352834 (610) 937-7122
Listing office Keller Williams Realty Devon-Wayne 744 W Lancaster Avenue unit: 125, Wayne, PA (610) 647-8300
Listing date Jul 13, 2026
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located in Philadelphia, Pennsylvania. With all three units updated and equipped for independent utilities and climate control, the configuration is set up for straightforward day-to-day management.
Overall, the asset is designed as a three-unit income property with separate meters, central air in each unit, and laundry plus storage in the basement.
Key Highlights
- Legal triplex at 468 W. Walnut St built in 1910
- $4,200/month rental income (as stated in listing)
- Three updated units: Unit 1 is 1 bed/1 bath; Units 2 and 3 are 2 bed/1 bath
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $68.1k | $25.80 |
| − Vacancy | −$3.8k | −$1.42 |
| EGI | $64.4k | $24.38 |
| − OpEx | −$19.3k | −$7.31 |
| NOI | $45.1k | $17.06 |
