House hack this updated West Philly triplex and live in a large one bedroom built for Center City without the Center City price tag - all while building equity in an appreciating part of the city! This 3-story building with basement offers three 1-bedroom 1-bath units, all on their own level and with separate utilities. The roofs have been replaced and inconveniences have been repaired, so you just need to move in, collect rent, and continue building equity. As you step through the front door, you enter the covered porch, drenched in an abundance of natural light pouring through the many windows. You'll find 2 doors here, one leading to unit 1 and the other to the upstairs units. Each unit has an open layout, flowing from front to back, with an enclosed bedroom and bathroom. Radiator heating keeps you toasty during the colder months, and you'll stay cool and comfortable with window units during the summer. The first floor unit has exclusive access to the private rear yard and the basement with laundry. The 3rd floor unit has a penthouse vibe to it. With this property's prime location near University City, you'll never be searching for tenants and you'll be just steps away from a variety of restaurants, transportation options, and top-ranked universities. Seller is a licensed real estate agent.
Property Details
Property Features
Property Information:
Architectural Style: Traditional
Year Built: 1915
Living Area: 2,250 SqFt
Listing Office:
Office Name: KW Empower
Office Phone: (215) 627-3500
Listing Agent: James F Roche Jr.
Interior Features
Interior Information:
Basement: Yes
Flooring Type: Hardwood
Exterior Features
Parking Information:
Parking: On Street
Lot Features
Lot Information:
Lot Size: 0.04 Acres
Utilities
Utilities Information:
Heating: Radiant
Cooling: Window Unit(s)
School Info
Assigned Schools Information:
William L. Sayre High School, Public District Grades 9-12
Other
Directions Information:
Directions: From 50th and market drive two blocks below to Chestnut Street then make a right on Walnut Street
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $420,000
Price Per SqFt: $187/SqFt
Tax Information:
Annual Amount: $3,827
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Philadelphia, PA.
This property is $158.1K more than the Median Sold Price and $12/SqFt less than other homes in Philadelphia, PA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #PAPH2392528
Listing Office:
Office Name: KW Empower
Office Phone: (215) 627-3500
Listing Agent: James F Roche Jr.
Information Deemed Reliable But Not Guaranteed. 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. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
High School
3
/10
William L. Sayre High School
5800 Walnut St
Distance between this listing and this school0.89 miles
Public District Grades 9-12
Nearby Schools
5
/10
Henry C. Lea School
4700 Locust St
Distance between this listing and this school0.33 miles
Public District Grades PK-8
2
/10
Alain Locke Elementary School
4550 Haverford Ave
Distance between this listing and this school0.63 miles
Public District Grades KG-8
3
/10
Andrew Hamilton School
5640 Spruce St
Distance between this listing and this school0.73 miles
Public District Grades KG-8
Nearby Schools
6
/10
Middle Years Alternative School for the Humanities MYA
4725 Fairmont Ave
Distance between this listing and this school0.62 miles
Public District Grades 5-8
3
/10
Global Leadership Academy Charter School
4601 W Girard Ave
Distance between this listing and this school1.19 miles
Public Charter Grades KG-8
2
/10
Kipp West Philadelphia Preparatory Chart
5900 Baltimore Ave
Distance between this listing and this school1.38 miles
Public Charter Grades 5-8
Assigned Schools
3
/10
William L. Sayre High School
5800 Walnut St
Distance between this listing and this school0.89 miles
Public District Grades 9-12
Nearby Schools
2
/10
West Philadelphia High School
4901 Chestnut St
Distance between this listing and this school0.15 miles
Public District Grades 9-12
4
/10
Parkway West
4725 Fairmont Ave
Distance between this listing and this school0.62 miles
The neighbors living near this home have an average income of $21,691. Residents of Philadelphia, PA typically earn less than $35k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
This home is located at 5011 Walnut St in Philadelphia, PA and zip code 19139 in the Walnut Hill neighborhood. This 2,250 square foot home, which was built in 1915, sits on a 0.04 acre lot. It has been listed on Rocket Homes since September 05, 2024 and is currently priced at $420,000.
Over 252 listings were sold over their listed price in October 2024 in Philadelphia, PA. In the same period over 567 listings were sold below the listed price and 237 listings were sold for the listed price. The number of listings in Philadelphia, PA increased by 9.8% between September 2024 and October 2024. While the average time on the market in October 2024 was 44 days, the median list price was $261,807.
From Rocket Homes Real Estate and based on county public records data.