5136 Walnut Street is a fully renovated and occupied legal triplex in West Philadelphia with a 10 year property tax abatement through 2029. The building features two studio apartments and one spacious two-bedroom unit, all updated with modern finishes. Fully rented and income-producing, the property provides immediate cash flow for investors while also presenting a great opportunity for an owner-occupant to live in one unit and offset expenses with rental income from the others. The 2020 full renovation included major system upgrades - updated electrical, plumbing, HVAC, insulation, new roof, vinyl siding and windows - providing a low-maintenance asset ready for long-term performance. Located in a convenient and growing West Philadelphia neighborhood, 5136 Walnut Street offers easy access to University City, public transportation, neighborhood shopping, and local dining, making it an attractive rental location for a wide range of tenants.
Listed by Samantha Lee Miller
·
License #RS352351
·
Mallin Panchelli Nadel Realty Inc
·
2156923107
Last updated April 15, 2026
·
Source: BrightMLS #PAPH2608088
Listing Facts
TypeMulti-family
NeighborhoodWalnut Hill
Days on Prevu16
Taxes$721.83/year
Size1,760 sqft
Price per sqft$222
Location
Mortgage Calculator
Listing History
04/15/2026
Listed by Mallin Panchelli Nadel Realty Inc
$390,000
Property Details for 5136 Walnut Street
Exterior
Construction
New Construction: No
Number Of Units Total: 3
Year Built: 1925
Architectural Style: Other
Construction Materials: Masonry
Features
Other Structures: Above Grade, Below Grade
Waterfront: No
Measurements
Lot Dimensions Source: Assessor
Lot Size Acres: 0.03
Lot Size Dimensions: 15
Lot Size Source: Assessor
Lot Size Square Feet: 1,350
Lot Size Units: Square Feet
Financial
Taxes
Tax Annual Amount: $721.83
Tax Year: 2026
Interior
Features
Fireplace: No
Measurements
Living Area: 1,760
Living Area Source: Estimated
Other
Location
Tax Lot: 123
Parking
Parking
Garage: No
Utilities
Equipment
Cooling: Central A/C
Heating: Heat Pump - Electric Back Up
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 5136 Walnut Street.
What are the annual taxes for 5136 Walnut Street?
Annual taxes for this multi-family home are estimated at $721.
How does 5136 Walnut Street compare to other multi-family homes in Walnut Hill?
This multi-family home is listed 38% below the average price for multi-family homes in Walnut Hill and has been on the market for 55 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 1,760 sqft.
5136 Walnut Street is a -bedroom multi-family home for sale in PHILADELPHIA PA 19139. Available on Prevu for 16 days at $390,000. This residence features 1,760 square feet of living space, located in Walnut Hill. The median listing price for multi-family homes in this area is $385,000. Explore more 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.