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Renovated Triplex with Separate Entrances
For Sale
$389,900

5012 WALNUT Street, Philadelphia, PA 19139

Multi-Family, PHILADELPHIA, PA

Property Size2,640 SF
Lot Size0.04 Acres
Price / SF$147.69
Days on Market100

Property Features for 5012 WALNUT Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Rooms Basement
Parking features On Street
Subdivision PHILADELPHIA (WEST)
Elementary school district THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district THE SCHOOL DISTRICT OF PHILADELPHIA
High school district THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status Active
Size 2,640 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 4573

Utilities

Heating system Hot Water(Heating)

Building Details

Year built 1933
Number of units 3
Building materials Brick
Listing Agency: OCF Realty LLC - Philadelphia
Listed By: Michael James · License #RS313743
Added: May 23 Changed: Aug 19 Last Checked: Aug 30 at 4:06AM
MLS# PAPH2621272

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This brick triplex contains 2,640 square feet across three separately entered units. The first-floor residence offers two bedrooms, one bathroom, high ceilings, an updated kitchen with stainless steel appliances, and access to the backyard. The second-floor unit has one bedroom, one bathroom, a living room, a kitchen, and natural light. A third-floor one-bedroom, one-bathroom unit completes the layout. The first- and third-floor units are occupied, while the second-floor unit is vacant.

Recent renovations include a replaced roof, with a warranty available, and updates that give the interiors a refreshed appearance. Each unit has separate utilities, its own hot water heater, and a forced-air furnace. The property was built in 1933, includes basement space, and offers on-street parking. It is located in Philadelphia’s University City neighborhood near amenities and transportation.

Key Highlights

  • Three‑unit brick triplex with 2,640 square feet of property size
  • Unit mix includes two 1‑bedroom, 1‑bathroom units and one 2‑bedroom, 1‑bathroom unit
  • First- and third‑floor units occupied; second‑floor unit vacant

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Parking Lot & Garage Dental Office Acupuncture

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

2,612
Businesses Nearby

Demographics for 19139, PA

43,281
Population
23,896
Households
1.8
Avg Household Size
36
Median Age
22%
College-Educated
86%
High-School Grad
1.8 sq mi
ZIP Area
24,045
Density / Sq Mi
$38,701
Median Household Income
$34,796
Median Earnings
$1,110
Median Rent
$118,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Triplex - Three-unit brick property with separate utilities, individual hot water heaters, and forced-air furnace systems.
Where is this triplex located?
The property is located at 5012 WALNUT Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: Three‑unit brick triplex with 2,640 square feet of property size; Unit mix includes two 1‑bedroom, 1‑bathroom units and one 2‑bedroom, 1‑bathroom unit; First- and third‑floor units occupied; second‑floor unit vacant
More about this property
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