$599,000

503 Walnut St Lansdale, PA 19446

Estimated payment $3,881/month

Total Views 13,357
-- Bed
-- Bath
3,712 Sq Ft
$161 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Wood Flooring
  • 90% Forced Air Heating and Cooling System
  • North Penn Senior High School Rated A

About This Home

INVESTOR ALERT – Duplex Opportunity in Lansdale Borough!

Don't miss this unique opportunity to own a charming duplex in the heart of Lansdale Boro! Both units are centrally air conditioned.
The first-floor unit is currently rented and features tasteful, modern decor – an ideal turn-key investment.
The second-floor unit, currently owner-occupied, offers fantastic rental potential or can serve as your own private residence.
***Zoned Duplex/Class "C" on Lansdale Boro zoning map. Zoning map attached in document**

Enjoy a large front porch perfect for morning coffee, and a shared backyard designed for entertaining or unwinding after a long day. Lansdale train station less than 1 mile away. 45 minutes to center City Phila or a few stops to shopping and restaurants of Doylestown. Off street parking for 4 vehicles!

Whether you're looking to expand your investment portfolio or live in one unit while renting the other, this property offers versatility and value in a desirable location.

Listing Agent

Mary Shaughnessy Mcgill

Keller Williams Realty Group License #RS343660 Listed on: 06/09/2025

Keller Williams Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,761

Year Built

  • Built in 1900

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 70.00 x 0.00
  • Property is in average condition

Home Design

  • 3,712 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Block Foundation
  • Stucco

Kitchen

  • Cooktop<<rangeHoodToken>>
  • Dishwasher

Flooring

  • Wood
  • Carpet

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Interior and Exterior Basement Entry
  • Drain

Parking

  • 4 Parking Spaces
  • 4 Off-Street Spaces
  • Private Parking
  • On-Street Parking

Utilities

  • 90% Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 028
  • Assessor Parcel Number 11-00-17892-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,761

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: washer, dryer, refrigerator contained in each unit, "as is", no monetary value
  • New Construction: No
  • Expected On Market: 6/9/2025 12:00:00 AM
  • Year Built: 1900
  • Remarks Public: 🏡 INVESTOR ALERT – Duplex Opportunity in Lansdale Borough! Don't miss this unique opportunity to own a charming duplex in the heart of Lansdale Boro! Both units are centrally air conditioned. ✨ The first-floor unit is currently rented and features tasteful, modern decor – an ideal turn-key investment. 🏠 The second-floor unit, currently owner-occupied, offers fantastic rental potential or can serve as your own private residence. ***Zoned Duplex/Class "C" on Lansdale Boro zoning map. Zoning map attached in document** Enjoy a large front porch perfect for morning coffee, and a shared backyard designed for entertaining or unwinding after a long day. Lansdale train station less than 1 mile away. 45 minutes to center City Phila or a few stops to shopping and restaurants of Doylestown. Off street parking for 4 vehicles! Whether you're looking to expand your investment portfolio or live in one unit while renting the other, this property offers versatility and value in a desirable location.
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood
  • Fireplace: No
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Drain, Interior Access, Outside Entrance, Unfinished
  • Total Sq Ft: 3712
  • Living Area Sq Ft: 3712
  • Price Per Sq Ft: 161.37
  • Above Grade Finished Sq Ft: 3712
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 503

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Exterior Features: Fire Escape
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Private
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Off Street, On Street
  • Off Street Parking Spaces: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: NORTH PENN
  • School District Key: 300200397039
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 1132
  • Lot Size Acres: 0.16
  • Lot Dimensions: 70.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7000.00
  • Property Condition: Average
  • Year Assessed: 2025
  • Zoning: RES: DUPLEX
  • Zoning Description: Zoning Map for Lans Boro classifies this as Class "C". See 2024 zoning map in documents .Zoning map uploaded form boro website

Rental Info

  • Existing Lease Type: Yearly
  • Rent Control: No
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 4693.00
  • Tax Annual Amount: 6761.00
  • Assessor Parcel Number: 11-00-17892-007
  • Tax Lot: 028
  • Tax Total Finished Sq Ft: 3712
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: NORTH PENN

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $6,376 $151,580 $44,410 $107,170
2023 $5,964 $151,580 $44,410 $107,170
2022 $5,775 $151,580 $44,410 $107,170
2021 $5,540 $151,580 $44,410 $107,170
2020 $5,373 $151,580 $44,410 $107,170
2019 $5,284 $151,580 $44,410 $107,170
2018 $1,417 $151,580 $44,410 $107,170
2017 $4,932 $151,580 $44,410 $107,170
2016 $4,873 $151,580 $44,410 $107,170
2015 $4,787 $151,580 $44,410 $107,170
2014 $4,523 $151,580 $44,410 $107,170
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2025 07/05/25 For Sale $599,000 +263.0% $161 / Sq Ft
03/25/2016 03/25/16 Sold $165,000 -17.1% $44 / Sq Ft
02/25/2016 02/25/16 Pending -- -- --
01/21/2016 01/21/16 Price Changed $199,000 -7.4% $54 / Sq Ft
10/20/2015 10/20/15 Price Changed $215,000 -6.1% $58 / Sq Ft
09/19/2015 09/19/15 Price Changed $229,000 -4.2% $62 / Sq Ft
08/01/2015 08/01/15 For Sale $239,000 -- $64 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $340,000 None Available
Deed $165,000 Attorney
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $26,500 Credit Line Revolving
Open $328,652 FHA
Previous Owner $100,000 Future Advance Clause Open End Mortgage
Previous Owner $104,363 No Value Available
Previous Owner $74,500 Future Advance Clause Open End Mortgage
Previous Owner $0 No Value Available
Previous Owner $0 No Value Available
Previous Owner $165,000 No Value Available
Source: Public Records

Source: Bright MLS

MLS Number: PAMC2142948

Bright MLS

APN: 11-00-17892-007