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$525,000

  • For Sale
  • Active
  • Triplex
  • 3,000 Sq. Ft.
  • Updated 5 days ago
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5341 Chestnut St - New Construction Triplex in West Philadelphia An incredible investment opportunity awaits with this newly built triplex in the heart of West Philadelphia. Completed in 2025, the property offers three modern units with premium finishes and a thoughtful design, all backed by a 10-year tax abatement that makes it an attractive option for investors or owner-occupants. The first floor is a one-bedroom, one-bathroom apartment with access to a private backyard, ideal for outdoor living. The second floor offers another one-bedroom, one-bathroom layout, perfect for consistent rental income. The top floor stands out with a spacious three-bedroom, two-and-a-half-bathroom residence that includes a private roof deck with sweeping views, making it a highly desirable unit for renters or an excellent option for an owner's suite. Each unit is equipped with washer and dryer hookups, central HVAC, and contemporary finishes throughout. With new construction all around and easy access to University City, public transit, and the amenities of West Philadelphia, this property provides strong rental potential as well as long-term appreciation. Whether you are looking to expand your portfolio or take advantage of a house-hacking opportunity, 5341 Chestnut St is a must-see.

Full Property Details for 5341 Chestnut St

General

  • Price: $525,000
  • Taxes: $228 (2024)
  • Status: Active
  • Type: Triplex
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2531298
  • Updated: 12/17/2025
  • Added to Site: 145 day(s) ago

Exterior

  • Porch/Patio/Deck: Roof

Parking

  • Parking Type: On Street

Location

  • Area: 19139 (19139)
  • Municipality: PHILADELPHIA
  • County: PHILADELPHIA
  • Cross Streets: South Ruby Street
  • Driving Directions: Located in West Philadelphia

School Information

  • School District: The School District Of Philadelphia

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: 90% Forced Air
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Water Available, Electric Available

Structural Information

  • Architectural Style: Contemporary, Unit/Flat
  • Structure Type: Over Storefront
  • Construction: Aluminum Siding, Brick
  • Foundation: Slab
  • Stories/Levels: 4
  • Square Feet: 3,000
  • Sq. Ft. Source: Estimated
  • Living Area: 3,000 Sq. Ft.
  • Finished Above Grnd: 3,000 Sq. Ft.
  • Year Built: 2025
  • Year Built Source: Estimated
  • Property Condition: Excellent

Lot Features

  • Lot Size (Acres): 0.02
  • Lot Size (Sq. Ft.): 1,088
  • Lot Size Source: Assessor
  • Lot Dimensions: 16.00 x 68.00
  • Zoning: RM1

Financial Considerations

  • Price Per Sq. Ft.: $175
  • Assessment Year: 2024
  • School Tax: $127
  • City/TownTax: $100
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $16,300
  • Tax Amount: $228
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: None
  • Lot Number: 216

Listed by TCS Management, LLC, Moshe Adika

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Listing agent

— 5341 Chestnut St —

  • Moshe Adika

    TCS Management, 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 5341 Chestnut St

School District:Philadelphia City School District
NameGradesDistance
Sayre William L Middle School
5800 Walnut Street, Philadelphia, PA 19139
9-120.5 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 5341 Chestnut St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/16/2025
Price Reduced
$525,000
-12.35%
MLS
8/26/2025
Listed
$599,000
4.32%
MLS
9/16/2022
Sold
$574,175
—
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 5341 Chestnut St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$228
100%
$16,300
100%
2024
-100%
100%
2021
$155
-32%
-100%
2023
$228
47%
$16,300
47%
2020
$155
—
$11,100
—
2019
$155
-10%
$11,100
-10%
2018
$172
-83%
$12,300
-83%
2017
$987
—
$70,500
—
2016
$987
-8%
$70,500
-12%
2015
$1,075
—
$80,200
—
2014
$1,075
26%
$80,200
821%
2013
$850
—
$8,704
—
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.

Estimate the Cost for 5341 Chestnut St

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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 TCS Management, LLC, Moshe Adika

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5341 Chestnut Street, Philadelphia, PA 19139 (MLS# PAPH2531298) is a Triplex property with 0 bedrooms and 0 full bathrooms. 5341 Chestnut Street is currently listed for $525,000 and was received on August 26, 2025. Want to learn more about 5341 Chestnut Street? Do you have questions about finding other Triplex 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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