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    Turnkey Duplex in West Philadelphia Title is generated by Realmo AI

    5227 Walnut Street, Philadelphia, PA 19139

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    For Sale
    $369,999

    Income-producing duplex near University City with long-term tenants.

    Type:Multi-Family / Fee Simple
    Property size:
    1,500 SF
    Price / SF:
    $246/SF
    Added:
    Apr 6, 2026
    Days on Market:
    70
    Last Refresh:
    Apr 7 at 8:15 pm

    Property Features for 5227 Walnut Street

    General Information

    Standard status
    Active
    Size
    1,500 SF
    Property subtype
    Multi-Family / Fee Simple

    Building Details

    Year Built
    1925

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    Listing Contact
    Anthony A Lee

    Listing agent Anthony A Lee License #RS322285

    Listing office Realty ONE Group Focus

    Listing date Apr 6, 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 Realty ONE Group Focus

    HighLights

    • Turnkey, income‑producing duplex in a high‑demand rental location near University City.
    • Two spacious 2‑bedroom, 1‑bath units feature central air, forced heat, and hardwood flooring.
    • Stable, long‑term tenants in place with a strong rental history for immediate cash flow.
    • Modern interiors feature high ceilings and exposed brick accents.
    • Ideal for hands‑off investors or house hacking strategy.
    • Located near major universities, hospitals, and public transportation.

    Overview

    Located in the heart of West Philadelphia, minutes from University City, 5227 Walnut St is a fully turnkey, income-producing duplex. The well-maintained property features two spacious 2-bedroom, 1-bath units. Each unit offers central air, forced heat, hardwood flooring, and abundant natural light. High ceilings and modern exposed brick accents elevate the interiors, providing a clean, contemporary feel. The property is located in a high-demand rental pocket near major universities, hospitals, and public transportation. Stable, long-term tenants are in place on a month-to-month basis and prefer to stay. The property has a strong rental history, making it ideal for immediate cash flow. The property is in turnkey condition, requiring minimal capital improvements. The property is suitable for a hands-off investor or a house hacking strategy. The property size is 1500 square feet. The property is located in MLS Area 19139 and the School District is PHILADELPHIA CITY.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $38.7k $25.80
    − Vacancy −$2.1k −$1.42
    EGI $36.6k $24.38
    − OpEx −$11.0k −$7.31
    NOI $25.6k $17.06
    1,500 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $365.7K
    $320.0K – $426.6K (±1% cap)
    NOI $25,597 @ 7.0% cap · market cap 6.92%
    Second Best
    Apartment 5plus
    $337.1K
    $294.9K – $393.2K (±1% cap)
    NOI $23,594 @ 7.0% cap · market cap 6.38%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    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

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.22648
    Latitude
    39.957348

    FAQs

    What type of property is this?
    Duplex - Income-producing duplex near University City with long-term tenants.
    Where is this duplex located?
    The property is located at 5227 Walnut Street Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $369,999.
    What are key features of this property?
    This property features: Turnkey, income‑producing duplex in a high‑demand rental location near University City.; Two spacious 2‑bedroom, 1‑bath units feature central air, forced heat, and hardwood flooring.; Stable, long‑term tenants in place with a strong rental history for immediate cash flow.
    More about this property
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