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$3,800,000

  • For Sale
  • Active
  • Apartment
See This Home
Save This Home
See This Home
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Opportunity is knocking! 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 5 years remaining lease term with two 5yr options. With the 9 apartments, which consists of 8 two-bedroom units and 1 one-bedroom unit. Not to mention 4 of the units are bi-level. Currently, 7 of the 9 apartments are leased to tenants who operate Airbnb businesses. Liquor license (R) is also available to sell for additional $200,000. Schedule your showing today!!!

Full Property Details for 1316 Walnut St

General

  • Price: $3,800,000
  • Taxes: $43,577 (2025)
  • Status: Active
  • Type: Apartment
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2643478
  • Updated: 7/2/2026
  • Added to Site: 12 day(s) ago

Business

  • Business Type: Restaurant/Bar, Apartment Building

Parking

  • Parking Type: On Street

Location

  • Area: 19107 (19107)
  • Municipality: PHILADELPHIA
  • County: PHILADELPHIA
  • Driving Directions: use GPS

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

  • Construction: Masonry
  • Building Size: 12569
  • Year Built: 1900
  • Year Built Source: Estimated

Unit Information

  • # Tenants: Multiple
  • Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 8, Unit 3, Unit 6, Unit 7, Unit 9, Unit 10

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.: $302.33
  • Assessment Year: 2025
  • School Tax: $24,403
  • City/TownTax: $19,173
  • City/TownTax Freq: Annually
  • Tax w/Assessment: $3,113,100
  • Tax Amount: $43,577
  • Tax Year: 2025

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 Tesla Realty Group, LLC, Yulin Zheng

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Listing agent

— 1316 Walnut St —

  • Yulin Zheng

    Tesla Realty Group, LLC

Listing Office Email: info@teslarealtygroup.com

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 ATTOM Data Solutions 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
7/02/2026
Listed
$3,800,000
162.07%
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

Get Pre-Approved

Listed by Tesla Realty Group, LLC, Yulin Zheng

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1316 Walnut Street, Philadelphia, PA 19107 (MLS# PAPH2643478) is a Apartment property. 1316 Walnut Street is currently listed for $3,800,000 and was received on July 02, 2026. Want to learn more about 1316 Walnut Street? Do you have questions about finding other Apartment real estate for sale in Center City East? You can browse all Center City East real estate or contact a Coldwell Banker agent to request more information.

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