4811 Walnut St Philadelphia, PA 19139
Walnut Hill NeighborhoodEstimated payment $4,942/month
Highlights
- Straight Thru Architecture
- Stainless Steel Appliances
- Property is in excellent condition
- Engineered Wood Flooring
- 90% Forced Air Heating and Cooling System
- 2-minute walk to Walnut Hill Community Playground
About This Home
***RECENT NEW CONSTRUCTION 4 UNIT BUILDING WITH TAX ABATEMENT**Completely renovated in 2022, this property is fully occupied and ready to be your next investment. Start collecting rent as soon as you close. Located right on Walnut Street the location is prime. The building consists of 4 residential units all well designed to maximize space and layout and each with in unit laundry. UNIT 1: 2 bed/1.5 bath rented for $1,493.50. UNIT 2: 2 bed/1 bath rented for $1,475. UNIT 3: Big studio with private deck rented for $1,000. UNIT 4: 2 bed/1 bath rented for $1,500. Property is in excellent condition. Tax abatement began in 2022 and is good for 7 more years. The location can't be beat with its close proximity to the eds and meds, Septa public transportation to all areas of the city and just a short distance to University City. Schedule your showing today or call for a private tour. 5416 Baltimore Avenue and 316 S 52nd Street are also available and are of similar excellent quality each with tax abatements.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,552
Year Built
- Built in 1925 | Remodeled in 2022
Lot Details
- 2,223 Sq Ft Lot
- Lot Dimensions are 20.00 x 111.00
- Property is in excellent condition
Parking
- On-Street Parking
Home Design
- Quadruplex
- Straight Thru Architecture
- Brick Foundation
- Masonry
Interior Spaces
- 3,200 Sq Ft Home
- Engineered Wood Flooring
- Stainless Steel Appliances
Utilities
- 90% Forced Air Heating and Cooling System
- Cooling System Utilizes Natural Gas
- Natural Gas Water Heater
Community Details
- 4 Units
- 1 Vacant Unit
Listing and Financial Details
- Tax Lot 33
- Assessor Parcel Number 601044605
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $3,942 | $978,400 | $195,680 | $782,720 |
| 2024 | $3,942 | $978,400 | $195,680 | $782,720 |
| 2023 | $3,942 | $588,600 | $117,720 | $470,880 |
| 2022 | $3,630 | $281,611 | $117,720 | $163,891 |
| 2021 | $3,630 | $0 | $0 | $0 |
| 2020 | $3,630 | $0 | $0 | $0 |
| 2019 | $3,494 | $0 | $0 | $0 |
| 2018 | $3,481 | $0 | $0 | $0 |
| 2017 | $2,423 | $0 | $0 | $0 |
| 2016 | $2,007 | $0 | $0 | $0 |
| 2015 | $2,320 | $0 | $0 | $0 |
| 2014 | -- | $173,100 | $36,508 | $136,592 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/04/2025 03/04/25 | For Sale | $825,000 | -- | $258 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Available | |
| Deed | $160,000 | None Available | |
| Deed | $46,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,000,000 | Future Advance Clause Open End Mortgage | |
| Closed | $1,609,000 | Commercial | |
| Previous Owner | $144,000 | Construction |
Source: Bright MLS
MLS Number: PAPH2444844
APN: 601044605
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