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6157 Walnut Street, Philadelphia, PA, 19139
Turnkey Renovated Duplex Property

6157 Walnut Street Philadelphia, PA 19139

For Sale
$339,900

Fully renovated in 2025 duplex with separate utilities, in-unit laundry, and fenced private outdoor space.

Property Size1,348 SF
Price / SF$252.15
Days on Market135

Property Features for 6157 Walnut Street

General Information

Standard status
Active
Size
1,348 SF
Property subtype
Multi-Family / Fee Simple

Building Details

Year Built
1925
Listing Agency: Keller Williams Real Estate Tri-County
Listed By: Yevhenii Sydorenko · License #RS369427
Source: Compass
Added: Mar 12 Changed: Jul 22 Last Checked: Jul 23 at 10:34AM

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 Keller Williams Real Estate Tri-County


Investment Insights

Based on property information with market context.

This legal duplex has been fully renovated in 2025 and offers two updated units with separate utilities and modern systems throughout. Unit 1 is a 1-bedroom, 1-bath layout with central heating and air conditioning, in-unit laundry, basement storage, and exclusive access to a private fenced backyard and patio. Unit 2 is a 2-bedroom, 1-bath layout with in-unit laundry and a mini-split heating and cooling system.

The property includes major system upgrades completed in 2025, including a new plumbing system with interior sewer line, PEX water lines with manifold system, and a pressure booster pump. It has also been fully rewired with a new electrical system and 200-amp service, with separate electric meters for each unit to allow tenants to pay their own electricity. Both units feature modern kitchens with new cabinetry, granite countertops, and stainless steel appliances, along with new washers and dryers, water heaters, interior doors, and new flooring.

Exterior improvements include a new water service line, new siding, new windows, a coated roof, and a newly installed fenced backyard. Located near SEPTA public transportation, with a bus stop less than 1 mile and ample street parking nearby.

Key Highlights

  • Fully renovated legal duplex (2025) with two updated units, separate utilities, and modern systems throughout
  • Projected rental income of approximately $3,000/month based on current Section 8 payment standards ($1,350 1BR, $1,650 2BR)
  • Unit 1: 1 bed/1 bath with central heating & A/C and in‑unit laundry, plus basement storage and private fenced backyard/patio

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 $34.8k $25.80
− Vacancy −$1.9k −$1.42
EGI $32.9k $24.38
− OpEx −$9.9k −$7.31
NOI $23.0k $17.06
1,348 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$328.6K
$287.5K – $383.4K (±1% cap)
NOI $23,003 @ 7.0% cap · market cap 6.77%
Second Best
Apartment 5plus
$302.9K
$265.0K – $353.4K (±1% cap)
NOI $21,203 @ 7.0% cap · market cap 6.24%
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

Duplexes

Suggested Use

Law Firm Real Estate Agency Skin Care Clinic Gym & Fitness Center Parking Lot & Garage Acupuncture HVAC Service Travel Agency Dental Office Electrical Service

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

FAQs

What type of property is this?
Duplex - Fully renovated in 2025 duplex with separate utilities, in-unit laundry, and fenced private outdoor space.
Where is this duplex located?
The property is located at 6157 Walnut Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: Fully renovated legal duplex (2025) with two updated units, separate utilities, and modern systems throughout; Projected rental income of approximately $3,000/month based on current Section 8 payment standards ($1,350 1BR, $1,650 2BR); Unit 1: 1 bed/1 bath with central heating & A/C and in‑unit laundry, plus basement storage and private fenced backyard/patio
More about this property
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