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$3,899,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 11 days ago
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This property is situated in a highly desirable, high foot traffic area - Center City. The building spans from street to street and features one commercial space along with nine residential units, offering excellent investment potential. The commercial space is approximately 3,820 sq ft, consists the first floor and mezzanine, has approximately 6-7 years remaining lease term with two 5yr options. With the 9 apartments, which consists of 6 two-bedroom units and 3 one-bedroom unit.

Full Property Details for 1316 Walnut St

General

  • Price: $3,899,000
  • Taxes: $43,577 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2557594
  • Updated: 1/6/2026
  • Added to Site: 68 day(s) ago

Rental Information

  • Lease Info: Long Term

Parking

  • Parking Type: On Street

Location

  • Area: 19107 (19107)
  • Municipality: PHILADELPHIA
  • County: PHILADELPHIA
  • Driving Directions: Gps

School Information

  • School District: Philadelphia City

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Central
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Other
  • Structure Type: Other
  • Construction: Masonry
  • Square Feet: 12,600
  • Sq. Ft. Source: Estimated
  • Living Area: 12,600 Sq. Ft.
  • Finished Above Grnd: 12,600 Sq. Ft.
  • Year Built: 1900
  • Year Built Source: Estimated

Unit Information

  • Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3

Lot Features

  • Lot Size (Acres): 0.08
  • Lot Size (Sq. Ft.): 3,570
  • Lot Size Source: Estimated
  • Lot Dimensions: 21.00 x 170.00
  • Zoning: CMX5

Financial Considerations

  • Price Per Sq. Ft.: $309.44
  • Assessment Year: 2025
  • City/TownTax: $19,173
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $3,113,100
  • Tax Amount: $43,577
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: All equipment and furniture that are used to operate the business are excluded in this sale. Liquor license and tenants' personal property
  • Lot Number: 89

Listed by Wynn Real Estate LLC, Xiu yun Liu

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Listing agent

— 1316 Walnut St —

  • Xiu yun Liu

    Wynn Real Estate LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1316 Walnut St

School District:Philadelphia City School District
NameGradesDistance
McCall Gen George A School
325 South 7th Street, Philadelphia, PA 19106
K-80.6 mi
Franklin Benjamin High School
550 North Broad Street, Philadelphia, PA 19130
12-111 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1316 Walnut St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/06/2026
Price Reduced
$3,899,000
-0.03%
MLS
11/10/2025
Listed
$3,899,990
168.96%
MLS
9/28/2011
Sold
$1,450,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1316 Walnut St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$43,577
—
$3,113,100
—
2024
$43,577
—
$3,113,100
—
2023
$43,577
39%
$3,113,100
100%
2021
$31,454
—
-100%
2023
$31,419
—
$2,244,545
-28%
2020
$31,454
1%
$3,113,100
1%
2019
$31,221
22%
$3,090,000
22%
2018
$25,603
26%
$2,534,000
27%
2017
$20,297
—
$2,000,200
—
2016
$20,297
-24%
$2,000,200
—
2015
$26,803
—
$2,000,200
—
2014
$26,803
22%
$2,000,200
793%
2013
$21,887
—
$224,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Wynn Real Estate LLC, Xiu yun Liu

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1316 Walnut Street, Philadelphia, PA 19107 (MLS# PAPH2557594) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 1316 Walnut Street is currently listed for $3,899,000 and was received on November 10, 2025. Want to learn more about 1316 Walnut Street? Do you have questions about finding other Multi-Family real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

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