One-Bedroom
For Sale
$162,500
2135 WALNUT STREET Unit 801, Philadelphia, PA 19103
Corner layout pairs expansive windows with hardwood floors and central air and heating.
Property Size500 SF
Price / SF$325
Days on Market94
Property Features for 2135 WALNUT STREET Unit 801
General Information
Standard status
Active
Size
500 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Center City
Taxes and HOA fees
Annual Taxes
$2,173
Building Details
Building Size
500 SF
Year Built
1900
Listing Agency:
BHHS Fox & Roach The Harper at Rittenhouse Square
Listed By:
Andy Oei · License #RS302287
(215) 695-5042
Source:
Wagnerrealestate
Added: Jul 31
Changed: Nov 1
Last Checked: Nov 1 at 3:56PM
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 BHHS Fox & Roach The Harper at Rittenhouse Square
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 one-bedroom corner condominium features expansive windows, hardwood floors, and central air and heating. The bathroom has ceramic tile flooring, a pedestal sink, and chrome fixtures, while the windows offer city views.
The residence is in Rittenhouse Square, within Center City. Penn and Drexel campuses, 30th Street Station, major hospitals, dining, shopping, nightlife, and cultural destinations are described as minutes away. Parking is available nearby for an additional fee.
The residence is in Rittenhouse Square, within Center City. Penn and Drexel campuses, 30th Street Station, major hospitals, dining, shopping, nightlife, and cultural destinations are described as minutes away. Parking is available nearby for an additional fee.
Key Highlights
- One‑bedroom corner condominium with city views
- Expansive windows and hardwood flooring
- Central air and heating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,865
Cap Rate
4.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$157,300
$157.3K
Cap Rate 7%
$112,357
$112.4K
Cap Rate 9%
$87,389
$87.4K
Market Conditions
NOI Build-Up for 500 SF
Gross rent
$15.2K $30.36/SF
− Vacancy
−$880 −$1.76/SF
EGI
$14.3K $28.60/SF
− OpEx
−$6.4K −$12.87/SF
NOI
$7.9K $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%
$157,300
Cap Rate 7%
$112,357
Cap Rate 9%
$87,389
Alternative Uses
Best Use
Apartment 5plus
$112.4K
$98.3K – $131.1K
NOI $7,865 @ 7.0% cap · market cap 4.84%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$121.9K
$106.7K – $142.2K
NOI $8,532 @ 7.0% cap · market cap 5.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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
Frequently Asked Questions
What type of property is this?
Residential income property - Corner layout pairs expansive windows with hardwood floors and central air and heating.
Where is this residential income property located?
The property is located at 2135 WALNUT STREET Unit 801 Philadelphia, PA.
What is the asking price?
The asking price for this property is $162,500.
What are key features of this property?
This property features: One‑bedroom corner condominium with city views; Expansive windows and hardwood flooring; Central air and heating
