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93-Unit Apartment Property
For Sale
Contact for pricing
Pending

4400 Walnut St, Philadelphia, PA 19104

Features larger floor plans and an ongoing in-unit renovation program.

Property SizeContact for details
Lot Size1.15 Acres
Days on Market148

Property Features for 4400 Walnut St

General Information

Standard status Pending
Lot size 1.15 Acres
Property subtype Multifamily

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 93

Building Details

Buildings 2
Listing Agency: GREA
Listed By: Ken Wellar · License #PA 10401252368
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 8:30PM

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 multifamily property comprises 93 apartments across six parcels totaling 50,170± square feet, or 1.15± acres. The unit mix includes spacious floor plans that exceed the size commonly found in newer apartment construction. An in-unit renovation program is underway, with approximately 40 units remaining; planned improvements include new windows already purchased by ownership.

The property is located at 4400-18 and 4401-11 Walnut Street in Philadelphia’s Spruce Hill neighborhood of University City. Shopping, medical services, and dining are available along Walnut, Chestnut, and Market Streets. The University of Pennsylvania, Schuylkill Yards, Drexel University, and the UCity Science Center are identified nearby. Major routes include I-95, I-76, and I-676, while the 46th Street Station for the Market-Frankford Line is six blocks away, with service reaching Center City Philadelphia in under 10 minutes.

Key Highlights

  • 93 apartments across six parcels
  • 50,170± square feet on 1.15± acres
  • Approximately 40 units remain in the in‑unit renovation program

Property Analytics

Current Use

Walnut Apartments Apartment Complex

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Electrical Service Building Supply HVAC Service Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

93
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,527
Businesses Nearby

Demographics for 19104, PA

56,839
Population
23,888
Households
2.4
Avg Household Size
26
Median Age
47%
College-Educated
90%
High-School Grad
3.1 sq mi
ZIP Area
18,335
Density / Sq Mi
$39,526
Median Household Income
$18,420
Median Earnings
$1,329
Median Rent
$268,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Features larger floor plans and an ongoing in-unit renovation program.
Where is this apartment building located?
The property is located at 4400 Walnut St Philadelphia, PA.
What are key features of this property?
This property features: 93 apartments across six parcels; 50,170± square feet on 1.15± acres; Approximately 40 units remain in the in‑unit renovation program
More about this property
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