Bought with Stephen M Kennedy • KW Empower
$370,000
$335,000
10.4%For more information regarding the value of a property, please contact us for a free consultation.
4837 WALNUT ST Philadelphia, PA 19139
2,600 SqFt
Key Details
Sold Price $370,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,600 sqft
Price per Sqft $142
MLS Listing ID PAPH2509862
Sold Date 08/22/25
Style Traditional
Abv Grd Liv Area 2,600
Year Built 1925
Available Date 2025-07-11
Annual Tax Amount $6,775
Tax Year 2024
Lot Size 2,223 Sqft
Acres 0.05
Lot Dimensions 20.00 x 111.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Incredible opportunity in the heart of Spruce Hill! Welcome to 4837 Walnut Street—a legally zoned RM-1 duplex sitting on a deep 20x111 ft lot (2,223 SF) that allows for five units by right. Whether you're an investor, house hacker, or developer eyeing long-term upside, this one checks all the boxes in one of University City's most vibrant and transit-friendly neighborhoods. The current setup features two spacious, separately metered units (gas and electric; shared water meter): Unit 1 (Main Level): 2 bedrooms + sunroom/den, 1 full bath, in-unit laundry, private rear deck, and direct access to a generous patio yard and large unfinished basement—perfect for storage. Unit 2 (Upper Level): 3 bedrooms + den, 1 full bath, laundry hookups, a front balcony, and a rear elevated deck offering outdoor space on both ends. The property is well-positioned for easy management as-is or can be expanded or reconfigured to maximize the zoning potential. Located just blocks from UPenn, Drexel, Penn Medicine, and the bustling University City corridor. Stroll to neighborhood favorites like Don Barriga, White Dog Café, Louie Louie, and Hadaramaout, or grab coffee from Milkcrate Café before catching the trolley or subway—just minutes away. With close proximity to Center City, major universities, hospitals, and multiple SEPTA transit lines, this is a prime location for both steady cash flow and long-term appreciation. Don't miss this rare combo of size, zoning, outdoor space, and unbeatable location.
Location
State PA
County Philadelphia
Area 19139 (19139)
Zoning RM1
Rooms
Basement Unfinished
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water, Radiant
Cooling None
Equipment Dryer, Oven - Single, Washer, Refrigerator, Water Heater
Fireplace N
Appliance Dryer, Oven - Single, Washer, Refrigerator, Water Heater
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 601045900
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA, FHA 203(k), Negotiable
Listing Terms Cash, Conventional, FHA, FHA 203(k), Negotiable
Financing Cash,Conventional,FHA,FHA 203(k),Negotiable
Special Listing Condition Standard
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