- – beds
- – baths
- 2,600 sqft
- 2,223 sqft lot
- $128 per sqft
- 1925 build
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.
Last checked:
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Last updated Jul 11, 2025
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MLS# PAPH2509862 —
The Building
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Year Built:1925
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Masonry
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Building Units Total:2
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Structure Type:Interior Row/Townhouse
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Architectural Style:Traditional
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Accessibility Features:None
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Foundation Details:Concrete Perimeter
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Basement:Yes
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Basement Type:Unfinished
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:2600
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:2600
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Living Area SqFt:2,600 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional, FHA, FHA 203(k), Negotiable
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Possession:31-60 Days CD
Location
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Directions:Use GPS
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Latitude:39.95642100
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Longitude:-75.21903200
The Property
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Property Subtype:Duplex
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Property Type:Multi-Family
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Lot Size Units:Square Feet
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Lot Size Acres:0.05
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Lot Size Source:Assessor
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Lot Size Dimensions:20.00 x 111.00
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Lot Dimensions Source:Assessor
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Lot SqFt:2,223 Sqft
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Inclusions:All appliances in as-is condition
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Zoning:RM1
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:W30
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (215) 714-9539
- Office phone:
- (215) 627-3500
Taxes
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Tax ID Number:601045900
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Tax Year:2024
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Tax Lot:20
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Tax Annual Amount:$6,775
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Tax Assessed Value:$484,000
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Year Assessed:2025
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School Tax:3794.0
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City/Town Tax:2980.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:None
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Central Air:No
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Cooling Fuel:None
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Heating:Yes
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Heating Type:Baseboard - Hot Water, Radiant
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Natural Gas
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Water Source:Public
Appliances
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Appliances:Dryer, Oven - Single, Washer, Refrigerator, Water Heater
Schools
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School District Name:The School District Of Philadelphia
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School District Source:Listing Agent
The Community
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Pool:No Pool
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Vacation Rental:No
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Two Bedroom Units:1
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Three Bedroom Units:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/10/25
Jul 10, 2025
|
Listed / Active | BRIGHT | $335,000 |