BuySellBlogBrowse Listings

1316 Walnut StreetPhiladelphia, PA 19107

For Sale

$3,899,990

Smart Buyer Rebate $39,000

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.

Listed by Xiu yun Liu

·

Wynn Real Estate LLC

·

6464069369

Last updated November 11, 2025

·

Source: BrightMLS #PAPH2557594

Listing Facts

  • TypeMulti-family
  • NeighborhoodWashington Square West
  • Days on Prevu9
  • Taxes$43,577/year
  • Size12,600 sqft
  • Price per sqft$310

Location

Mortgage Calculator

Listing History

11/11/2025
Status changed to Active
$3,899,990
11/11/2025
Status changed to Removed from Feed
$3,899,990
11/10/2025
Price Increased
$3,899,990
11/10/2025
Listed by Wynn Real Estate LLC
$3,659,999

Property Details for 1316 Walnut Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 2
  • Year Built: 1900
  • Architectural Style: Other
  • Construction Materials: Masonry

Features

  • Other Structures: Above Grade
  • Waterfront: No

Measurements

  • Lot Dimensions Source: Estimated
  • Lot Size Acres: 0.08
  • Lot Size Dimensions: 21
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 3,570
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 7.0
  • Gross Income: $312,548.00

Taxes

  • Tax Annual Amount: $43,577.00
  • Tax Year: 2024

Interior

Measurements

  • Living Area: 12,600
  • Living Area Source: Estimated

Other

Features

  • Accessibility Features: Other

General

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

Location

  • Tax Lot: 89

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Cooling: Central A/C
  • Heating: Central
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright BRIGHT, All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.