Two-Bedroom Residential
For Sale
$499,900
1901 WALNUT STREET Unit 4F, Philadelphia, PA 19103
A two-bedroom residence features en suite bathrooms, formal living and dining rooms, and in-unit laundry.
Property Size1,514 SF
Days on Market38
Property Features for 1901 WALNUT STREET Unit 4F
General Information
Standard status
Active
Size
1,514 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Center City
Public Transit
Yes
Additional Details
Multifamily Units
1
Amenities
24-hour doorman
concierge
community room
shared courtyard
Building Details
Building Size
1,514 SF
Year Built
1949
Listing Agency:
Allan Domb Real Estate
Listed By:
Allan Domb · License #RB043135A
(215) 545-1500
Source:
Patmckennarealtors
Added: Sep 25
Changed: Oct 31
Last Checked: Oct 31 at 12:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Allan Domb Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-bedroom residence at The Rittenhouse Plaza has separate living and formal dining rooms, both with oversized windows and original inlaid wood floors. The living room includes a coffered ceiling and built-in shelving; the dining room has concealed storage. The kitchen features custom cabinetry, granite counters, tile flooring, and a full appliance suite. A laundry and powder room is located off the kitchen. Both bedrooms have en suite bathrooms, and the primary suite includes two walk-in closets with built-ins.
Building amenities include a 24-hour doorman, concierge, community room, and shared courtyard. The property is on Rittenhouse Square, near restaurants, retailers, cultural institutions, public transportation, University City, the Market Street office corridor, and Amtrak’s 30th Street Station. The building dates to 1949.
Building amenities include a 24-hour doorman, concierge, community room, and shared courtyard. The property is on Rittenhouse Square, near restaurants, retailers, cultural institutions, public transportation, University City, the Market Street office corridor, and Amtrak’s 30th Street Station. The building dates to 1949.
Key Highlights
- Two bedrooms, each with an en suite bathroom
- Separate living and formal dining rooms with oversized windows
- Kitchen with custom cabinetry, granite countertops, tile flooring, and a full appliance suite
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,814
Cap Rate
4.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$476,280
$476.3K
Cap Rate 7%
$340,200
$340.2K
Cap Rate 9%
$264,600
$264.6K
Market Conditions
NOI Build-Up for 1,514 SF
Gross rent
$46.0K $30.36/SF
− Vacancy
−$2.7K −$1.76/SF
EGI
$43.3K $28.60/SF
− OpEx
−$19.5K −$12.87/SF
NOI
$23.8K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$476,280
Cap Rate 7%
$340,200
Cap Rate 9%
$264,600
Alternative Uses
Best Use
Apartment 5plus
$340.2K
$297.7K – $396.9K
NOI $23,814 @ 7.0% cap · market cap 4.76%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$369.1K
$323.0K – $430.6K
NOI $25,836 @ 7.0% cap · market cap 5.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
19,701
Businesses Nearby
Explore this area
Business Placement
Demographics for 19103, PA
28,717
Population
20,064
Households
1.4
Avg Household Size
36
Median Age
81%
College-Educated
98%
High-School Grad
0.6 sq mi
ZIP Area
47,862
Density / Sq Mi
$97,940
Median Household Income
$76,680
Median Earnings
$1,955
Median Rent
$551,700
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - A two-bedroom residence features en suite bathrooms, formal living and dining rooms, and in-unit laundry.
Where is this residential income property located?
The property is located at 1901 WALNUT STREET Unit 4F Philadelphia, PA.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Two bedrooms, each with an en suite bathroom; Separate living and formal dining rooms with oversized windows; Kitchen with custom cabinetry, granite countertops, tile flooring, and a full appliance suite
