This property is situated in a highly desirable, high foot traffic area - Center City. The building spans from street to street and features one commercial space along with nine residential units, offering excellent investment potential. The commercial space is approximately 3,820 sq ft, consists the first floor and mezzanine, has approximately 6-7 years remaining lease term with two 5yr options. With the 9 apartments, which consists of 6 two-bedroom units and 3 one-bedroom unit.
Listed by Xiu yun Liu
·
Wynn Real Estate LLC
·
6464069369
Last updated November 11, 2025
·
Source: BrightMLS #PAPH2557594
Listing Facts
TypeMulti-family
NeighborhoodWashington Square West
Days on Prevu32
Taxes$43,577/year
Size12,600 sqft
Price per sqft$310
Location
Mortgage Calculator
Listing History
11/11/2025
Status changed to Active
$3,899,990
11/11/2025
Status changed to Removed from Feed
$3,899,990
11/10/2025
Price Increased
$3,899,990
11/10/2025
Listed by Wynn Real Estate LLC
$3,659,999
Property Details for 1316 Walnut Street
Exterior
Construction
New Construction: No
Number Of Units Total: 2
Year Built: 1900
Architectural Style: Other
Construction Materials: Masonry
Features
Other Structures: Above Grade
Waterfront: No
Measurements
Lot Dimensions Source: Estimated
Lot Size Acres: 0.08
Lot Size Dimensions: 21
Lot Size Source: Estimated
Lot Size Square Feet: 3,570
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 7.0
Gross Income: $312,548.00
Taxes
Tax Annual Amount: $43,577.00
Tax Year: 2024
Interior
Measurements
Living Area: 12,600
Living Area Source: Estimated
Other
Features
Accessibility Features: Other
General
Exclusions: All equipment and furniture that are used to operate the business are excluded in this sale. Liquor license and tenants' personal property
Location
Tax Lot: 89
Parking
Parking
Garage: No
Utilities
Equipment
Cooling: Central A/C
Heating: Central
Has Heating: Yes
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 1316 Walnut Street.
What are the annual taxes for 1316 Walnut Street?
Annual taxes for this multi-family home are estimated at $43,577.
How does 1316 Walnut Street compare to other multi-family homes in Washington Square West?
This multi-family home is listed 162% above the average price for multi-family homes in Washington Square West and has been on the market for 64 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 12,600 sqft.
1316 Walnut Street is a -bedroom multi-family home for sale in PHILADELPHIA PA 19107. Listed on Prevu for 32 days at $3,899,990. This includes a recent price increase of $239,991. This residence features 12,600 square feet of living space, located in Washington Square West. The median listing price for multi-family homes in this area is $405,000. View other multi-family home listings in Philadelphia.
The data relating to real estate for sale on this website appears
in part through the BRIGHT Internet Data Exchange program, a voluntary
cooperative exchange of property listing data between licensed real
estate brokerage firms in which participates, and is provided by BRIGHT
through a licensing agreement. The information provided by this website
is for the personal, non-commercial use of consumers and may not be used
for any purpose other than to identify prospective properties consumers
may be interested in purchasing. Copyright BRIGHT, All Rights Reserved.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.