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Tenant-Occupied Triplex with Updates

5012 WALNUT Street Philadelphia, PA 19139

5012 WALNUT Street, Philadelphia, PA, 19139
$409,900
For Sale
Claim this Listing
$409,900

MULTI_FAMILY - PHILADELPHIA, PA

Property Size2,640 SF
Lot Size0.04 Acres
Price / SF$155.27
AddedMay 23
Days on Market54
Last RefreshJul 15 at 1:06 pm

Property Features for 5012 WALNUT Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking features
On Street
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 agent Michael James License #RS313743

Listing office OCF Realty LLC - Philadelphia 1936 Washington Avenue, Philadelphia, PA

Listing date May 23, 2026

MLS# PAPH2621272 Listing URL

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 tenant-occupied triplex includes three separate residential units, each with its own entrance. The first-floor unit features high ceilings, two bedrooms, one bathroom, a fully updated kitchen with stainless steel appliances, and backyard access. The second unit is vacant and offers a one-bedroom, one-bath layout with a living area and a nicely sized kitchen with natural light. The third unit is on the third floor and provides one bedroom, one bathroom, a living area, and a kitchen with ample natural light. Recent improvements are described as renovations, along with separate utilities, hot water heaters, and forced-air furnace units. The seller has replaced the roof, and a warranty can be provided.

The property is located at 5012 Walnut Street in Philadelphia, PA 19139, in a University City neighborhood. On-street parking is available for tenants and guests. The home sits on a relatively small lot.

For buyers seeking income-producing flexibility, the separate-entrance layout supports privacy across all three units. It also offers a workable mix of occupied and vacant space, with the vacant second-floor unit presenting an opportunity for new tenancy. The updates, roof replacement, and the stated separate systems may reduce near-term operational concerns for an owner or managing investor.

Key Highlights

  • 3‑unit triplex built in 1933 with brick exterior and each unit has a separate entrance
  • Unit 1 (occupied): 2 bed/1 bath with fully updated kitchen with stainless steel appliances and backyard access
  • Unit 2 (vacant): 1 bed/1 bath on the 2nd floor with living room, kitchen, and plenty of natural light

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Real Estate Agency Skin Care Clinic Parking Lot & Garage Dental Office Acupuncture (Bike/Boat/Book/etc) Store HVAC Service (Bike/Boat/Book/etc) Store Electrical Service

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

FAQs

What type of property is this?
Triplex - Triplex with separate entrances, updated units, and individual utilities for flexible owner-occupant or investor use.
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 $409,900.
What are key features of this property?
This property features: 3‑unit triplex built in 1933 with brick exterior and each unit has a separate entrance; Unit 1 (occupied): 2 bed/1 bath with fully updated kitchen with stainless steel appliances and backyard access; Unit 2 (vacant): 1 bed/1 bath on the 2nd floor with living room, kitchen, and plenty of natural light
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