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$294,900
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Property Description
Nestled in the rapidly appreciating West Philadelphia corridor. Fully operational and income-generating duplex presents a rare opportunity to acquire a proven, turnkey asset that offers immediate cash flow. Designed for both flexibility and performance, the property features two completely independent residences with separate entrances, allowing each unit to function as its own private home. Each unit boasts a generous two-bedroom, one-bath layout. Currently operating as a successful long-term rental property, this allows the next owner to step directly into an established revenue stream. Don't miss this rare opportunity to acquire a performing asset with built-in income and long-term upside in one of Philadelphia's most vibrant neighborhoods. Schedule your private showing today!
Full Property Details
Full Property Details for 5516 Walnut St
General
- Price: $294,900
- Taxes: $3,829 (2025)
- Status: Active
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PAPH2593258
- Updated: 6/16/2026
- Added to Site: 108 day(s) ago
Rental Information
- Lease Info: Yearly
Parking
- Parking Type: On Street
Location
- Area: 19139 (19139)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: Google
School Information
- School District: Philadelphia City
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Radiator
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Septic, Public Sewer
- Water: Public
Structural Information
- Architectural Style: Unit/Flat, Straight Thru
- Structure Type: End of Row/Townhouse
- Construction: Masonry
- Foundation: Concrete Perimeter
- Stories/Levels: 2
- Square Feet: 2,304
- Sq. Ft. Source: Assessor
- Living Area: 2,304 Sq. Ft.
- Finished Above Grnd: 2,304 Sq. Ft.
- Year Built: 1925
- Year Built Source: Assessor
Unit Information
- Other Units: Unit 1, Unit 2
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,000
- Lot Size Source: Assessor
- Lot Dimensions: 20.00 x 100.00
- Zoning: RM1
Financial Considerations
- Price Per Sq. Ft.: $127.99
- Assessment Year: 2026
- School Tax: $2,144
- City/TownTax: $1,685
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $273,600
- Tax Amount: $3,829
- Tax Year: 2025
- Tax Total Finished Sq. Ft.: 2304
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 122
Listed by Opulent Realty Group LLC, Javar Clark
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Schools
Schools serving 5516 Walnut St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Hamilton Andrew School 5640 Spruce Street, Philadelphia, PA 19139 | K-8 | 0.2 mi |
Sayre William L Middle School 5800 Walnut Street, Philadelphia, PA 19139 | 9-12 | 0.3 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 5516 Walnut St
Date
Details
Price
Change
Source
6/16/2026
Price Reduced
$294,900
-1.67%
MLS
5/13/2026
Price Reduced
$299,900
-4.76%
MLS
4/20/2026
Price Reduced
$314,900
-1.56%
MLS
4/09/2026
Price Reduced
$319,900
-1.54%
MLS
3/23/2026
Price Reduced
$324,900
-4.41%
MLS
3/12/2026
Listed
$339,900
1113.93%
MLS
3/30/2009
Sold
$28,000
—
Public Record
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
Tax History for 5516 Walnut St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,830
—
$273,600
—
2024
$3,830
160%
$273,600
100%
2021
$1,473
-43%
-100%
2023
$2,584
75%
$184,600
75%
2020
$1,473
4%
$105,200
4%
2019
$1,418
12%
$101,300
12%
2018
$1,271
—
$90,800
—
2017
$1,271
—
$90,800
—
2016
$1,271
-10%
$90,800
-14%
2015
$1,408
—
$105,100
—
2014
$1,408
59%
$105,100
1056%
2013
$888
—
$9,088
—
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
Estimate the Cost for 5516 Walnut St
5516 Walnut Street, Philadelphia, PA 19139 (MLS# PAPH2593258) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 5516 Walnut Street is currently listed for $294,900 and was received on March 12, 2026. Want to learn more about 5516 Walnut Street? Do you have questions about finding other Townhouse real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

