Fantastic opportunity to acquire a turnkey, income producing duplex in the heart of Walnut Hill. The building consists of two 3 bedroom/1 bath units. Separately metered. HVAC for both units replaced in 2022. Original hardwood floors. Rent out both or use one as an owner's unit and collect rental income on the other. Make improvements and increase and rents or leave as-is and generate income immediately. In-unit washer/dryer for both apartments. There is ample basement storage accessible from the rear patio. Prime University City location. Just a short walk to Clark Park, Farmers Market, Local 44, ReAnimator Coffee, Knockbox Cafe, Don Barriga, and more retail, restaurants, and cafes. Located within the Lea School Catchment. Numerous public transit options and 12 minutes to Center City by car. Close to CHOP, HUP, UPenn, Penn Vet, and Drexel. Unit 1 projected rent is $2300/mo. Unit 2 projected rent is $2,300/mo.
Listed by Martin W Goldfarb
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License #RS331098
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Compass Pennsylvania, LLC
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2156805258
Last updated April 14, 2026
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Source: BrightMLS #PAPH2593242
Listing Facts
TypeMulti-family
NeighborhoodWalnut Hill
Days on Prevu28
Taxes$8,081/year
Size2,700 sqft
Price per sqft$194
Amenities
Dishwasher
Washer/Dryer
Location
Mortgage Calculator
Listing History
04/10/2026
Price Decreased
$525,000
04/03/2026
Listed by Compass Pennsylvania, LLC
$565,000
Property Details for 4617 Locust Street
Exterior
Construction
New Construction: No
Number Of Units Total: 2
Year Built: 1925
Architectural Style: Dwelling With Rental, Unit/Flat
Utilities: Cable TV Available, Electric Available, Natural Gas Available, Water Available
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 4617 Locust Street.
What schools are nearby to 4617 Locust Street?
Nearby schools include the HENRY C. LEA Elementary School, HENRY C. LEA Middle School, and WEST PHILADELPHIA High School.
What are the annual taxes for 4617 Locust Street?
Annual taxes for this multi-family home are estimated at $8,081.
How does 4617 Locust Street compare to other multi-family homes in Walnut Hill?
This multi-family home is listed 16% below the average price for multi-family homes in Walnut Hill and has been on the market for 43 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 2,700 sqft.
4617 Locust Street is a -bedroom multi-family home for sale in PHILADELPHIA PA 19139. Available on Prevu for 28 days at $525,000. This includes a recent price decrease of $40,000. This property features 2,700 square feet of living space, located in Walnut Hill. The median listing price for multi-family homes in this area is $385,000. Nearby schools include HENRY C. LEA Elementary School, HENRY C. LEA Middle School, and WEST PHILADELPHIA High School. Additional amenities include dishwasher and dryer. View other multi-family home listings in Philadelphia.
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