$525,000
OPEN SUN 11AM - 12PM

468 E Walnut Ln Philadelphia, PA 19144

East Germantown Neighborhood

Estimated payment $3,136/month

Total Views 215
Studio
-- Bath
2,640 Sq Ft
$199 Price per Sq Ft

Highlights

  • Straight Thru Architecture
  • Central Air
  • Hot Water Heating System

About This Home

468 W. Walnut St – Turnkey Legal Triplex | $4,200/Month Rental Income. Exceptional investment opportunity at 468 W. Walnut St. This legal triplex is fully updated and generating $4,200 per month in rental income, making it an ideal property for both investors looking to maximize returns and owner-occupants seeking to offset their mortgage with rental income. The property features three well-maintained units: Unit 1 (First Floor): Spacious 1-bedroom, 1-bath apartment with an oversized layout.
Unit 2 (Second Floor): Updated 2-bedroom, 1-bath apartment.
Unit 3: Updated 2-bedroom, 1-bath apartment. Each unit has been tastefully updated with new countertops and recessed lighting, creating modern, move-in-ready living spaces. All three units are equipped with central air conditioning and have separate heating systems, A/C condensers, and individual gas and electric meters, making management efficient while keeping utility costs separated. Tenants can enjoy a shared rear deck, and the basement features coin-operated laundry along with additional storage for tenant convenience. Whether you're looking to expand your investment portfolio or live in one unit while collecting rental income from the others, this completely turnkey triplex is ready to perform from day one. Don't miss this outstanding opportunity!

Listing Agent

Alex Penn

(610) 647-8300 klrw894@kw.com Keller Williams Realty Devon-Wayne Brokerage Phone: 6106478300 Listed on: 07/13/2026

Keller Williams Realty Devon-Wayne

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,600

Year Built

  • Built in 1910

Lot Details

  • 2,354 Sq Ft Lot
  • Lot Dimensions are 20.00 x 118.00

Parking

  • On-Street Parking

Home Design

  • 2,640 Sq Ft Home
  • Triplex
  • Straight Thru Architecture
  • Traditional Architecture
  • Bi-Level Home
  • Masonry

Utilities

  • Central Air
  • Cooling System Utilizes Natural Gas
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Natural Gas Water Heater

Additional Features

  • Unfinished Basement

Community Details

  • 3 Units
  • 2 Vacant Units

Listing and Financial Details

  • Tax Lot 67
  • Assessor Parcel Number 592065500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,600

Year Built

Built in 1910

Lot Details

2,354 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Traditional, Straight Thru, Bi-Level
  • Ownership: Fee Simple
  • Exclusions: TVs
  • Inclusions: Furniture
  • New Construction: No
  • Expected On Market: 7/13/2026 12:00:00 AM
  • Year Built: 1910
  • Special Features: OpenHouse

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2640
  • Living Area Sq Ft: 2640
  • Price Per Sq Ft: 198.86
  • Above Grade Finished Sq Ft: 2640
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 20.00 x 118.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2354.00
  • Zoning: RSA3

Rental Info

  • Existing Lease Type: None
  • Total Actual Rent: 50400.00
  • Units Furnished: All
  • Vacation Rental: No

Tax Info

  • School Tax: 2016.00
  • Tax Annual Amount: 3600.00
  • Assessor Parcel Number: 592065500
  • Tax Lot: 67
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Number Of Units Vacant: 2

MLS Schools

  • School District Name: PHILADELPHIA CITY

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $3,600 $257,200 $51,440 $205,760
2025 $2,807 $257,200 $51,440 $205,760
2024 $2,807 $257,200 $51,440 $205,760
2023 $2,807 $200,500 $40,100 $160,400
2022 $2,272 $200,500 $40,100 $160,400
2021 $2,272 $0 $0 $0
2020 $2,272 $0 $0 $0
2019 $889 $0 $0 $0
2018 $2,096 $0 $0 $0
2017 $2,096 $0 $0 $0
2016 $2,096 $0 $0 $0
2015 $2,006 $0 $0 $0
2014 -- $149,700 $16,009 $133,691
2012 -- $13,824 $2,902 $10,922
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/13/2026 07/13/26 For Sale $525,000 +23.5% $199 / Sq Ft
04/21/2023 04/21/23 Sold $425,000 0.0% $193 / Sq Ft View Prior Sale
03/11/2023 03/11/23 Pending -- -- --
02/24/2023 02/24/23 For Sale $425,000 -- $193 / Sq Ft
Source: Bright MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $425,000 City Line Abstract
Interfamily Deed Transfer -- None Available
Deed $7,500 --
Sheriffs Deed $5,400 --
Deed $15,675 --
Sheriffs Deed $6,100 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Closed $390,000 New Conventional
Closed $340,000 Construction
Closed $200,000 New Conventional
Source: Public Records

Source: Bright MLS

MLS Number: PAPH2645618

Bright MLS

APN: 592065500

Pennsylvania Philadelphia County Philadelphia 19144 East Germantown

468 E Walnut Ln, Philadelphia, PA

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Alex Penn
Listing Agent
Alex Penn
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Keller Williams Realty Devon-Wayne
(610) 937-7122
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