New
$515,000
2,640 sqft · 2,354 sqft lot
468 E Walnut Ln, Philadelphia, PA 19144
Multi-family · Built 1910 · $195/sqft ·
$2,918/mo est. payment
- Stories
- 2
Flood factor 7/10
About this home
468 E Walnut Ln - Turnkey Legal Triplex | $4,200/Month Rental Income. Exceptional investment opportunity at 468 E Walnut Ln. 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!
Facts and features
Heating and Cooling
- Cooling Features: Central A/C
- Heating Features: Hot Water
- Heating: Yes
Land Info
- Lot Size Acres: 0.0540404
- Lot Size Square Feet: 2354
Garage and Parking
- Parking Features: On Street
Multi-Unit Info
- Number of Units: 3
- Number of 1 Bedroom Units: 1
- Number of 2 Bedroom Units: 2
- Number of 3 Bedroom Units: 0
School Information
- School District: PHILADELPHIA CITY
Other Property Info
- Annual Tax Amount: 3600
- Source Listing Status: Active
- County: PHILADELPHIA
- Disclaimer: Standard
- Ownership: Fee Simple
- Source Property Type: Multi-Family
- Township: PHILADELPHIA
- Property Subtype: Triplex
Building and Construction
- Total Square Feet Living: 2640
- Year Built: 1910
- Above Grade Finished Area: 2640
- Below Grade Finished Area: 0
- Construction Materials: Masonry
- Property Age: 116
- Structure Type: Detached
- Total Area Sqft: 2640
Schools
- 4
Roosevelt Theodore Middle School
elementary · K-8 · 0.2 mi
- 1
King Martin Luther High School
high · 9-12 · 0.8 mi
Lotus Academy
elementary · PK-4 · 0.4 mi
Chelten Christ Little People
elementary · PK-K · 0.4 mi
High Street Christian Academy
elementary · K-6 · 0.4 mi
- 5
Mastery Charter School - Francis D. Pastorius Elementary
elementary · K-8 · 0.5 mi
Price history
- Nov 8, 2026 · Listed$515,000
- Nov 1, 2026 · Listing Removed—
- Oct 25, 2026 · Price Changed For Rent$1,295
- Oct 25, 2026 · Price Changed For Rent$1,295
- Oct 25, 2026 · Price Changed For Rent$1,195
- Oct 16, 2026 · Price Changed For Rent$1,525
- Oct 16, 2026 · Price Changed For Rent$1,495
- Oct 16, 2026 · Price Changed For Rent$1,225
Tax history
- 2026$3,600 tax · $257,200 assessed
- 2025$3,600 tax · $257,200 assessed
- 2024$2,806 tax · $200,500 assessed
- 2023$2,806 tax · $200,500 assessed
- 2022$2,271 tax · $162,300 assessed
- 2021$2,271 tax · $162,300 assessed
- 2020$2,271 tax · $162,300 assessed
- 2019$888 tax · $63,500 assessed
Home value
$490,800
- Cotality$490,800
- Quantarium$524,770
- Collateral Analytics$295,000
Where it is
Listed by Alex Penn · Keller Williams Realty Devon-Wayne · BrightMLS
