Mixed-Use Quadplex with Retail
5236 Walnut Street Philadelphia, PA 19139
5236 Walnut Street, Philadelphia, PA, 19139
$399,900
For Sale
$399,900
Fully updated 4-unit property with three 1-bedroom apartments and a ground-floor commercial unit; annual leases in place.
Property Size2,290 SF
Price / SF$174.63
Days on Market26
Property Features for 5236 Walnut Street
General Information
- Standard status
- Active
- Size
- 2,290 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1925
Listing agency
PennHunter
(904) 735-2753
Listed by
Jack Feder · License #RM425760
(904) 735-2753
Source
Compass
Added: Jun 27 Updated: Jul 21 at 2:50AM Checked: Jul 21 at 8:41AM
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 PennHunter
Investment Insights
Based on property information with market context.
Step into 5236 Walnut Street, a fully updated four-unit property configured with three 1-bedroom apartments plus a flexible ground-floor commercial unit. This setup supports a combined income stream from both residential and street-facing space, with annual leases already in place across all units.
The ground-floor commercial component is positioned for street-level exposure along Walnut Street, benefiting from prominent visibility and steady pedestrian activity. The residential units are located within the same building, with everyday retail, dining, and transit options accessible right outside the door.
The ground-floor commercial component is positioned for street-level exposure along Walnut Street, benefiting from prominent visibility and steady pedestrian activity. The residential units are located within the same building, with everyday retail, dining, and transit options accessible right outside the door.
Key Highlights
- 4‑unit multifamily property with three 1‑bedroom apartments plus a ground‑floor commercial unit
- Fully updated building with annual leases already in place across all units
- Year built: 1925
Local Financial Insights For Apartment 5plus
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 | $69.5k | $30.36 |
| − Vacancy | −$4.0k | −$1.76 |
| EGI | $65.5k | $28.60 |
| − OpEx | −$29.5k | −$12.87 |
| NOI | $36.0k | $15.73 |
2,290 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$558.3K
$488.5K – $651.3K
NOI $39,079 @ 7.0% cap · market cap 9.77%
Second Best
Apartment 5plus
$514.6K
$450.3K – $600.4K
NOI $36,021 @ 7.0% cap · market cap 9.01%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Heaven Solutions
Financial Advisor
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Fully updated 4-unit property with three 1-bedroom apartments and a ground-floor commercial unit; annual leases in place.
Where is this quadplex located?
The property is located at 5236 Walnut Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 4‑unit multifamily property with three 1‑bedroom apartments plus a ground‑floor commercial unit; Fully updated building with annual leases already in place across all units; Year built: 1925
