4837 WALNUT ST new to site

Philadelphia,PA 19139

$ 335000

- Bed

- Bath

2600 SqFt


Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,600 sqft

Price per Sqft $128

MLS Listing ID PAPH2509862

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

Inclusions All appliances in as-is condition

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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