USAPAPhiladelphiaSpruce Hill5241 Walnut St

New

$349,999

For Sale

5 hours ago

5241 Walnut St, Philadelphia, PA

Name: 5241 Walnut St, For Sale in Philadelphia - eXp Realty
Brand: EXP Realty, LLC
SKU: PAPH2640810
Price: 349999 USD

House

MLS® PAPH2640810

0 Bed

0 Bath

1500 sqft

Key Facts
Description
Map

Key Facts

Type Triplex

Levels Residential Income

Size 1500 sqft

Garage

Taxes $3,149

Days Active 0

Lot Size 0.04 Acres

Approx. Age 1925

Avg. Price Per Sqft $233

MLS® Number PAPH2640810

Property Address: 5241 Walnut St, PHILADELPHIA, PA, 19139-4090

Average square foot calculated using Size range provided by listing agent.

Description

Prime investment opportunity in the highly desirable Spruce Hill neighborhood of Philadelphia. Ideally positioned within the thriving University City area, 5241 Walnut Street is a well maintained triplex offering three spacious 2 bedroom, 1 bathroom apartments, each occupying its own floor. The second floor unit is currently vacant, providing an immediate opportunity for an owner occupant or the ability to lease at today's market rents. The first floor apartment features its own private entrance along with direct access to the rear yard and unfinished basement, creating additional storage and utility space. Each apartment is equipped with its own HVAC system providing central heating and air conditioning, in unit washer and dryer, separate hot water heater, and individually metered water, gas, and electric. The owner also benefits from a separate electrical meter serving the common areas, simplifying property management. Spruce Hill continues to be one of Philadelphia's strongest rental markets thanks to its location adjacent to University City, one of the region's largest employment and innovation hubs. The neighborhood is home to a significant renter population and is consistently sought after by students, university faculty, healthcare professionals, researchers, and young professionals due to its proximity to major employers and educational institutions. University City alone supports nearly 80, 000 jobs across healthcare, higher education, technology, and life sciences, creating a deep and stable tenant pool. Residents enjoy convenient access to the campuses of the University of Pennsylvania and Drexel University, as well as leading medical institutions including Penn Medicine and Children's Hospital of Philadelphia. Multiple SEPTA trolley routes, the Market Frankford Line, regional rail connections, and nearby 30th Street Station provide excellent connectivity throughout Philadelphia and beyond. The neighborhood also offers an abundance of local restaurants, cafés, parks, and shopping, further enhancing its long term appeal to renters. Whether you're looking to expand your investment portfolio or take advantage of an owner occupied opportunity with rental income, 5241 Walnut Street offers strong fundamentals in one of Philadelphia's most consistently desirable investment locations.

MLS® NumberPAPH2640810

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1925

BasementFull

DrivewayNone

Garage Spaces

HeatCentral, Electric

A/CCentral A/C, Electric

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 25, 2026List Date

$349,999List Price

Commute

Commute

Starting Address

Destination Address

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Listing Agent

Deidre M Quinn

[email protected]

(267) 225-3678

Listing Agent

Gayle Thigpen

[email protected]

(267) 844-0843

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