Investments Sales Management

Unit/Flat

4618 WALNUT STREET

PHILADELPHIA , PA 19139

MLS#: PAPH2304288

$450,000

Status: Closed
Listing number: PAPH2304288
Listing provided by: KW Philly
Listing agent phone: None
Last update: a month ago
On site: 2 years ago
Browse Properties
Main image without alt text

Property

Beds

4

Full Baths

None

1/2 Baths

None

Year Built

1920

Sq.Footage

2,066

Wonderful multi-unit investment opportunity in a great area with only upside. It’s currently used as five units, but legally zoned as four units. The property is dated throughout with many long-term and low paying tenants. This is a great opportunity to improve the value and increase the income. Four of the apartments have 1 bed and 1 bath, one is a studio. The first-floor unit is a former storefront with a private entrance. A shared entry leads to two units on each of the upper floors. All units are currently occupied except the 2nd-floor front and are verbal leases. The utilities are as follows; 4 separate gas hot water tanks, 2nd floor front and 1st floor front share one hot water heater (owner pays gas), baseboard steam heating, 1 gas boiler for all units, 2nd floor front has an electric stove, 4 electrical panels and 4 gas meters. This building is located in a sought-after neighborhood, earning a Walk Score of 94! It's only a few blocks from The University of Penn, Drexel University, and Penn Presbyterian Medical Center. Popular restaurants, local shops, and sprawling parks are nearby along 40th St, Baltimore Ave, and 52nd St. Plus, there's easy access to public transit, 30th St Station, I-76, and Delaware County. Schedule your showing today!

Features & Amenities

Interior

  • Total Bedrooms

    4

  • Bathrooms

    N/A

  • Above Grade Finished Area

    2066.0

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Baseboard

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    None

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.04

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

  • Architectural Style

    Unit/Flat

Price

  • Sales Price

    $450,000

  • Tax Amount

    $4,626

  • Sq. Footage

    2, 066

  • Price/SqFt

    $217

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Other

  • Sewer

    Public Sewer

  • Tax Lot

    47

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

PHILADELPHIA

Elementary School

Middle School

High School

Listing Courtesy of Michael R. McCann , KW Philly

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Theresa Kehler

Owner, President, Investment Property Advisor

Theresa Kehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Wonderful multi-unit investment opportunity in a great area with only upside. It’s currently used as five units, but legally zoned as four units. The property is dated throughout with many long-term and low paying tenants. This is a great opportunity to improve the value and increase the income. Four of the apartments have 1 bed and 1 bath, one is a studio. The first-floor unit is a former storefront with a private entrance. A shared entry leads to two units on each of the upper floors. All units are currently occupied except the 2nd-floor front and are verbal leases. The utilities are as follows; 4 separate gas hot water tanks, 2nd floor front and 1st floor front share one hot water heater (owner pays gas), baseboard steam heating, 1 gas boiler for all units, 2nd floor front has an electric stove, 4 electrical panels and 4 gas meters. This building is located in a sought-after neighborhood, earning a Walk Score of 94! It's only a few blocks from The University of Penn, Drexel University, and Penn Presbyterian Medical Center. Popular restaurants, local shops, and sprawling parks are nearby along 40th St, Baltimore Ave, and 52nd St. Plus, there's easy access to public transit, 30th St Station, I-76, and Delaware County. Schedule your showing today!

4618 WALNUT STREET

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

Just 5 blocks from TU. The Quadruplex is fully renovated in 2014. Center air, granite countertops, stainless steel appliances, hardwood flooring, separate gas and electric meters. Don't miss out this incredible opportunity to own this great turn key investment property! 1st Fl is a 2 bedrooms apartment rented for $1,000/month. 2nd Fl front is a one bedroom apartment currently rented $700/ month. 2nd FL Rear is a one bedroom apartment rented for $600/month, month to month. Tenant has been here for more than 6 years. Landlord never increase the rent. 3rd Fl is a 3 bedrooms apartment rented for $1000/month.
#PAPH2466834

PHILADELPHIA

2122 N UBER STREET

13 Beds

None Baths

2,068 Sq.Ft.

$409,000

MLS#: PAPH2466834

Legal Duplex located in a great location in 19147! 1st floor features 2 bedrooms, living area, full eat in kitchen, hardwood floors and full tile bath occupied $950/month. 2nd fl and 3rd fl are bi-level 3 bedrooms apartment, living area, full eat in kitchen, hardwood floors and full bath occupied $1100/month. This property is fully occupied by long term tenants on m/m leases. Both current rents are below markets due to it's outdated conditions. With some sweats and improvements, this property can commands higher rents! Seller is selling property in "AS IS" condition..
#PAPH2540062

PHILADELPHIA

1314 S 6TH STREET

5 Beds

None Baths

1,800 Sq.Ft.

$420,000

MLS#: PAPH2540062

Welcome to this thoughtfully updated duplex in the heart of West Philadelphia, where comfort, flexibility, and long-term value come together seamlessly. This well-cared-for property is ideal for an owner-occupant looking to offset monthly expenses or for a buyer seeking a smart addition to their portfolio. The first-floor unit offers two comfortable bedrooms and a full bath and has been intentionally left vacant, providing a wonderful opportunity to make the space your own or welcome a tenant of your choosing. Upstairs, the bright and spacious three-bedroom, one-bath unit is currently rented for $1,600 per month, offering steady income from day one. Both units feel inviting and modern, featuring efficient mini-split systems for year-round comfort, sleek electric kitchens with stainless steel appliances, and the everyday convenience of in-unit stackable washers and dryers. Recent improvements throughout the past few years—including the roof, flooring, water heaters, and tasteful cosmetic updates—create a move-in-ready experience and peace of mind for the next owner. Set just minutes from University City, Penn, major medical centers, public transportation, and a variety of shops and restaurants, this home offers easy access to everything city living has to offer. Whether you choose to live in one unit and rent the other, or enjoy the flexibility of a fully income-producing property, this duplex presents a warm and rewarding opportunity in a highly desirable location.
#PAPH2567966

PHILADELPHIA

5215 CEDAR AVENUE

5 Beds

None Baths

2,030 Sq.Ft.

$450,000

MLS#: PAPH2567966

Here's a great opportunity to own a cash cow in the heart of fish town! This property has the potential to be a great revenue generator with the currently floorplan. First floor has a large commercial unit that can be used for multiple purposes. You will also find 2 units on the second and third floor which feature 2 bedroom & 1 bath each. The commercial unit is vacant and will need to be updated. Second floor has all new electrical, plumbing and drywall it 's almost finished and ready to go . Third floor was renovated recently and is currently occupied by the owner, also includes a small balcony. This is a unique opportunity to own a large building in one of the most highly sought after neighborhoods in Philadelphia! Schedule your showing today!
#PAPH2486802

PHILADELPHIA

151 W GIRARD AVENUE

4 Beds

None Baths

2,304 Sq.Ft.

$399,900

MLS#: PAPH2486802

Well-maintained all-brick duplex twin located in Northeast Philadelphia, directly across the street from Mayfair School. The property features two separate 2-bedroom, 1-bathroom units, all with separate utility meters. The first-floor unit offers a newly extended kitchen with granite countertops and vinyl flooring. The second-floor unit features vinyl flooring throughout. Property also includes two garages and a new roof, providing added value and peace of mind. Solid construction, good overall condition, and a prime location close to transportation, shopping, and major roadways—ideal for both owner-occupants and investors.
#PAPH2567508

PHILADELPHIA

3019 SAINT VINCENT STREET

4 Beds

None Baths

1,680 Sq.Ft.

$429,900

MLS#: PAPH2567508

legal three apartments off broad st 1 block to temple U. all occupied. unit 1: 2 bed 1 bath ,access to the yard and garage and basement,$1080/month lease till Jul ,2026. unit 2 rear: studio ,$780 month to month lease. unit 2 front: bilevel 4 beds 2 baths, $1400 till jul 2026 2 nd fl: kitchen with laundry and 1 bed 1 bath,3 rd: 3 bed 1 bath great tenants.
#PAPH2535764

PHILADELPHIA

2236 N PARK AVENUE

2 Beds

None Baths

2,368 Sq.Ft.

$379,000

MLS#: PAPH2535764

Excellent investment opportunity! Well-maintained and upgraded triplex offering strong rental income potential. Each apartment features modern cabinetry, detailed trim, and ceramic tile flooring. Property includes a detached two-car garage providing off-street parking and additional rental income. Finished basement with full bath and separate entrance offers flexibility for a fourth rental unit, in-law suite, or shared tenant space—a rare feature for this type of property. Second and third-floor units are currently vacant. First-floor unit is tenant-occupied on a month-to-month lease at $1,150/month (below market rent). Previous rents were $1,050/month for the 3rd floor and $1,100/month for the 2nd floor. The garage is currently rented for $400/month. With the newly renovated basement, rental income potential increases even further. Ideal for investors or owner-occupants seeking a strong cash-flow opportunity.
#PAPH2553390

PHILADELPHIA

240 W GLENWOOD AVENUE 42

6 Beds

None Baths

2,467 Sq.Ft.

$425,000

MLS#: PAPH2553390

None
#PAPH2369958

PHILADELPHIA

4283 FRANKFORD AVENUE

4 Beds

None Baths

3,678 Sq.Ft.

$425,000

MLS#: PAPH2369958

Priced to sell !! Don’t miss out on this exceptional opportunity! Welcome to your next income-producing gem nestled in the heart of historic West Germantown. This well-maintained multi-unit building offers a fantastic blend of residential and commercial potential. Inside, you’ll find three beautifully updated 1-bedroom, 1-bathroom apartments and one spacious 2-bedroom unit, each thoughtfully renovated with modern finishes that attract and retain quality tenants. Every unit has separate utilities, ensuring ease of management and lower overhead for the owner. Adding to the value, the property features a ground-level commercial space, currently leased as a fully operational gym, providing an additional reliable revenue stream. All residential and commercial spaces are occupied with tenants on yearly leases, giving you immediate cash flow from day one. The location is unbeatable — just three blocks from the Queen Lane regional rail station, offering direct and convenient access to Center City Philadelphia. The building is also situated less than a mile from Drexel University College of Medicine and Philadelphia University, positioning you perfectly to attract student and faculty renters alike. Residents will appreciate the easy access to public transportation, major roadways, and all the charm and amenities that West Germantown has to offer. Opportunities like this don’t come around often — schedule your private showing today and secure your place in one of Philadelphia’s most desirable and historic neighborhoods! Property sold "AS IS"
#PAPH2511516

PHILADELPHIA

300 W COULTER STREET

5 Beds

None Baths

3,642 Sq.Ft.

$450,000

MLS#: PAPH2511516

New Listing: 1414 S 5th St: Explore the potential of a new listing located in the dynamic Dickinson Narrow area. This 3-story corner property is in shell condition, offering an abundance of space, high ceilings, and a plethora of windows. It features two separate entrances and is zoned CMX1 for commercial mixed use, making it ideal for a variety of opportunities. First Floor: The first floor is designed for commercial use and includes a spacious commercial office with a large greeting room, oversized front and side windows, a convenient powder room, two bonus rooms and sizeable rear yard perfect for outdoor use. Second and Third Floors: The second and third floors offer a blank canvas, currently in shell condition but brimming with potential. They boast high ceilings, numerous windows and flexible space to accommodate various layouts Envision two expansive one-bedroom apartments or a stunning bi-level apartment with three bedrooms and two bathrooms. The possibilities are endless! Basement: The basement adds even more potential with high ceilings, plenty of flexible space, and existing mechanicals Location: Situated in a prime location, this property is surrounded by vibrant community amenities, including delightful local restaurants, with El Fuerte de Loreto as a neighbor, cozy cafes, and beautiful parks and playgrounds. This property is a fantastic investment opportunity with boundless possibilities. Bring your imagination and transform this space into something extraordinary. Don't miss out on this chance to secure a piece of the ever-growing Dickinson Narrow area!
#PAPH2466822

PHILADELPHIA

1414 S 5TH STREET

None Beds

None Baths

2,000 Sq.Ft.

$399,900

MLS#: PAPH2466822

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service