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Two-Unit Duplex with Separate Entrances
For Sale
$294,900

5516 WALNUT STREET, Philadelphia, PA 19139

Income-producing property with independent residences and established long-term rental use.

Property Size2,304 SF
Days on Market181

Property Features for 5516 WALNUT STREET

General Information

Standard status Active
Size 2,304 SF
Property subtype Duplex

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $3,829

Building Details

Building Size 2,304 SF
Year Built 1925
Listing Agency: Opulent Realty Group LLC
Listed By: Javar Clark · License #RS348286
Source: Patmckennarealtors
Added: Mar 12 Changed: Aug 30 Last Checked: Sep 8 at 10:51AM

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 Opulent Realty Group LLC

Investment Insights

Based on property information with market context.

Built in 1925, this duplex contains two separate residences, each arranged with two bedrooms and one bathroom. Independent entrances allow the units to function as distinct homes within the same property, creating a clearly separated residential configuration.

The property is located at 5516 Walnut Street in Philadelphia’s West Philadelphia corridor and is operating as a long-term rental. Its two-unit layout and existing rental use provide a straightforward format for continued residential income operations.

Key Highlights

  • Two independent residences within one duplex
  • Each residence includes two bedrooms and one bathroom
  • Separate entrances for both units

Property Analytics

Current Use

Duplexes

Suggested Use

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

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,381
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?
Duplex - Income-producing property with independent residences and established long-term rental use.
Where is this duplex located?
The property is located at 5516 WALNUT STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $294,900.
What are key features of this property?
This property features: Two independent residences within one duplex; Each residence includes two bedrooms and one bathroom; Separate entrances for both units
More about this property
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