21-Unit Apartment
For Sale
Contact for pricing
Pending
2029 Walnut Street & 2130 Locust Street, Philadelphia, PA 19103
Two-building Philadelphia portfolio combines apartment units with an occupied commercial space and additional unfinished residential areas.
Property SizeContact for details
Days on Market147
Property Features for 2029 Walnut Street & 2130 Locust Street
General Information
Standard status
Pending
Property subtype
Multifamily, Mixed Use
Property Condition
Severity
Repairs Needed
Evidence
cosmetic upgrades
Units
Unit Mix
20 x 1BR, 1 x penthouse
Multifamily Units
21
Building Details
Buildings
2
Listing Agency:
GREA
Listed By:
Ken Wellar · License #PA 10401252368
Source:
Crexi
Added: Apr 11
Changed: Sep 2
Last Checked: Sep 3 at 12:03PM
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 GREA
Investment Insights
Based on property information with market context.
This Philadelphia portfolio comprises 21 apartment units across two buildings, plus a 2,325-square-foot commercial space at 2029 Walnut Street. The residential inventory includes 15 units at 2130 Locust Street and six at 2029 Walnut Street. Fourteen apartments at the Locust Street property have one-bedroom layouts, while the remaining unit is an unfinished penthouse with a roof deck overlooking Center City Philadelphia. The lower level also offers potential for additional living space. At Walnut Street, all six apartments are one-bedroom units; three feature stainless steel appliances, granite countertops, and tile bathrooms, while another two were renovated within the past decade. One unit remains in shell condition and is ready for renovation.
The commercial space is leased to Vernick Food & Drink for use as a bake shop and private dining area. The buildings are positioned near 21st and Walnut Streets and 22nd and Locust Streets in the Rittenhouse Square area. Both properties fall within the catchment zone for Albert Greenfield School, serving grades K-8.
The commercial space is leased to Vernick Food & Drink for use as a bake shop and private dining area. The buildings are positioned near 21st and Walnut Streets and 22nd and Locust Streets in the Rittenhouse Square area. Both properties fall within the catchment zone for Albert Greenfield School, serving grades K-8.
Key Highlights
- 21 apartment units across 2029 Walnut Street and 2130 Locust Street
- 2,325 SF commercial space leased to Vernick Food & Drink
- 2130 Locust Street includes 15 apartments and an unfinished penthouse with roof deck
Property Analytics
Current Use
Lease Details
21
Residential units
Location Intelligence
Trade Area within ½ mile
16,659
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-building Philadelphia portfolio combines apartment units with an occupied commercial space and additional unfinished residential areas.
Where is this apartment building located?
The property is located at 2029 Walnut Street & 2130 Locust Street Philadelphia, PA.
What are key features of this property?
This property features: 21 apartment units across 2029 Walnut Street and 2130 Locust Street; 2,325 SF commercial space leased to Vernick Food & Drink; 2130 Locust Street includes 15 apartments and an unfinished penthouse with roof deck
