Renovated Legal
For Sale
$325,000
5136 WALNUT Street, Philadelphia, PA 19139
Multi-Family, PHILADELPHIA, PA
Property Size1,760 SF
Lot Size0.03 Acres
Price / SF$184.66
Days on Market47
Property Features for 5136 WALNUT Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Parking features
On Street
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,760 SF
Lot size
0.03 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Annual Amount
722
Utilities
Heating system
Electric (Heating), Heat Pump (Heating)
Cooling system
Central Air
Building Details
Year built
1925
Number of units
3
Building materials
Masonry
Buildings
1
Listing Agency:
Mallin Panchelli Nadel Realty Inc
(215) 413-4900
Listed By:
Samantha Lee Miller · License #RS352351
(215) 692-3107
Added: Sep 14
Changed: Oct 26
Last Checked: Oct 30 at 8:06AM
MLS# PAPH2670556
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.
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Investment Insights
Based on property information with market context.
5136 Walnut Street is a fully renovated legal triplex with 1,760 square feet of building area and a masonry exterior. The unit mix includes two studio apartments and one spacious two-bedroom apartment, all occupied and finished with updated interiors. A full renovation completed in 2020 addressed electrical, plumbing, HVAC, insulation, roofing, vinyl siding, and windows. The property also includes central air, electric heat with heat pump systems, and on-street parking.
Situated in West Philadelphia, the property offers access to University City, public transportation, neighborhood shopping, and local dining. A 10-year property tax abatement runs through 2029. The existing configuration supports continued rental use and may also accommodate an owner-occupant seeking to live in one apartment while renting the others.
Situated in West Philadelphia, the property offers access to University City, public transportation, neighborhood shopping, and local dining. A 10-year property tax abatement runs through 2029. The existing configuration supports continued rental use and may also accommodate an owner-occupant seeking to live in one apartment while renting the others.
Key Highlights
- Legal triplex with two studio apartments and one two‑bedroom apartment
- 1,760 square feet on a 0.031‑acre lot
- Full renovation completed in 2020
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,684
Cap Rate
8.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$553,680
$553.7K
Cap Rate 7%
$395,486
$395.5K
Cap Rate 9%
$307,600
$307.6K
Market Conditions
NOI Build-Up for 1,760 SF
Gross rent
$53.4K $30.36/SF
− Vacancy
−$3.1K −$1.76/SF
EGI
$50.3K $28.60/SF
− OpEx
−$22.7K −$12.87/SF
NOI
$27.7K $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%
$553,680
Cap Rate 7%
$395,486
Cap Rate 9%
$307,600
Alternative Uses
Best Use
Multifamily LT 5
$429.1K
$375.4K – $500.6K
NOI $30,034 @ 7.0% cap · market cap 9.24%
Second Best
Apartment 5plus
$395.5K
$346.1K – $461.4K
NOI $27,684 @ 7.0% cap · market cap 8.52%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
2,343
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Occupied three-unit property with updated systems, modern finishes, and a two-studio, one-bedroom-unit configuration.
Where is this triplex located?
The property is located at 5136 WALNUT Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Legal triplex with two studio apartments and one two‑bedroom apartment; 1,760 square feet on a 0.031‑acre lot; Full renovation completed in 2020
