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5005 Walnut Street Philadelphia, PA 19139

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For Sale
$799,900

New construction triplex near University City with separate utilities.

Type:Multi-Family / Fee Simple
Property size:
3,595 SF
Added:
Jan 21, 2026
Days on Market:
86
Last Refresh:
Mar 13 at 5:20 pm

Property Features for 5005 Walnut Street

General Information

Standard status
Active
Size
3,595 SF
Property subtype
Multi-Family / Fee Simple

Building Details

Year Built
2023

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Listing Contact
Christopher K Somers
Christopher K Somers

Listing agent Christopher K Somers License #RS278328

Listing office KW Empower

Listing date Jan 21, 2026

Source Compass

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 KW Empower


Overview

New Construction Triplex with Roofdeck

This new construction multifamily home offers an investor or owner occupant opportunity. The 3,595 square foot triplex includes a roof deck and a 10-year tax abatement. Each unit has separate utilities, including water, which is sub-metered. Constructed with quartz countertops, custom solid wood cabinets, high-end stainless steel appliances, and designer fixtures, each unit also features a full-size front-end washer and dryer. The first-floor unit is a bi-level 3-bedroom, 3-bathroom apartment with a kitchen/living area, a full bathroom, and a bedroom on the main level, as well as access to a private rear yard. The lower level contains two additional bedrooms and bathrooms, one of which is ensuite, and a laundry area. The middle unit is a 2-bedroom, 1.5-bathroom apartment with a balcony off the rear bedroom. The third-floor unit is a 2-bedroom, 1.5-bathroom apartment with access to a private roof deck. The property is all-electric with no gas. Located near the University City neighborhood, it is situated close to hospitals and the University of Pennsylvania, steps from the Market-Frankford Line, and a short distance to downtown Center City Philadelphia. Parks, restaurants, and shopping are within walking distance. The property can be purchased as 3 condo units and sold off individually in the future.
Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Philadelphia
County
Delaware
State
Pennsylvania
Longitude
-75.22176
Latitude
39.956738

FAQs

What type of property is this?
Triplex - New construction triplex near University City with separate utilities.
Where is this triplex located?
The property is located at 5005 Walnut Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Fully Occupied Triplex: Immediate rental income for investors or owner‑occupant opportunity.; Enjoy a 10‑Year Tax Abatement: Significant property tax savings.; New Construction with High‑End Finishes: Modern units featuring quartz countertops, custom cabinets, stainless steel appliances, and in‑unit washer/dryers.
More about this property
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