1121 Walnut St, Philadelphia, PA 19107
Local realty services provided by:Better Homes and Gardens Real Estate GSA Realty
1121 Walnut St,Philadelphia, PA 19107
$2,875,000
- 6 Beds
- - Baths
- 6,076 sq. ft.
- Multi-family
- Active
Listed by: bruno r. r pouget, brett caspi
Office: compass pennsylvania, llc.
MLS#:PAPH2559208
Source:BRIGHTMLS
Price summary
- Price:$2,875,000
- Price per sq. ft.:$473.17
About this home
An extraordinary investment opportunity awaits at 1121 Walnut Street—an impeccably renovated, fully occupied mixed-use property in the vibrant heart of Midtown Philadelphia. This premier CMX5-zoned asset features two 2-bed/2-bath residences, two 1-bed/1-bath residences, and a stabilized retail space, all situated within one of the city’s fastest-growing districts. Surrounded by luxury development, world-class hospitality, major medical institutions, and the bustling Convention Center, the property occupies a prime position at the center of Philadelphia’s continued urban renaissance.
Designed for both immediate performance and long-term potential, this dynamic building blends modern residential living with established commercial tenancy. Four stylish, professionally reimagined apartments rise above a flagship restaurant tenant anchoring the ground floor, creating a balanced and dependable income stream. With a cap rate above 7% and full occupancy, the property offers turnkey stability alongside impressive upside through its CMX5 zoning—accommodating future vertical expansion, repositioning, or complete redevelopment.
Investment advantages include the security of long-term tenants, the strength of diversified residential and commercial income, the appeal of newly renovated units with strong rental demand, and the rare flexibility afforded by CMX5 designation. Its unbeatable location—steps from premier dining, retail, cultural institutions, arts venues, multiple transit lines, Jefferson Hospital, and the Convention Center—positions this asset at the epicenter of convenience and continued appreciation. Owner financing is also available, offering an exceptional advantage for qualified buyers.
Whether you are a seasoned investor seeking reliable, high-yield performance or a visionary buyer looking to capitalize on Midtown’s explosive momentum, 1121 Walnut Street represents a rare opportunity to anchor yourself in Philadelphia’s most exciting corridor of growth. This offering is more than an acquisition—it is a strategic foothold in the city’s next era of transformation.
Review attached Pro Forma provided for financial details
Contact an agent
Home facts
- Year built:1900
- Listing ID #:PAPH2559208
- Added:54 day(s) ago
- Updated:January 08, 2026 at 02:50 PM
Rooms and interior
- Bedrooms:6
- Living area:6,076 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Central, Natural Gas
Structure and exterior
- Year built:1900
- Building area:6,076 sq. ft.
- Lot area:0.06 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,875,000
- Price per sq. ft.:$473.17
- Tax amount:$19,955 (2025)
New listings near 1121 Walnut St
- New
$130,000Active1 beds 1 baths986 sq. ft.3900 Ford Rd #18b, PHILADELPHIA, PA 19131
MLS# PAPH2572058Listed by: KW EMPOWER - New
$250,000Active1 beds 1 baths559 sq. ft.1100-00 S Broad St #706b, PHILADELPHIA, PA 19146
MLS# PAPH2565074Listed by: COMPASS PENNSYLVANIA, LLC - New
$195,000Active2 beds 1 baths784 sq. ft.1309 S Myrtlewood St, PHILADELPHIA, PA 19146
MLS# PAPH2571162Listed by: JG REAL ESTATE LLC - New
$132,500Active3 beds 1 baths1,200 sq. ft.3836 K St, PHILADELPHIA, PA 19124
MLS# PAPH2572604Listed by: REALHOME SERVICES AND SOLUTIONS, INC. - Open Sun, 2 to 4pmNew
$395,000Active3 beds 2 baths2,496 sq. ft.5101 Ditman St, PHILADELPHIA, PA 19124
MLS# PAPH2572592Listed by: KW EMPOWER - Coming SoonOpen Sat, 12 to 2pm
$275,000Coming Soon3 beds 3 baths6529 N 2nd St, PHILADELPHIA, PA 19126
MLS# PAPH2572578Listed by: LIBERTY BELL REAL ESTATE & PROPERTY MANAGEMENT - New
$95,000Active4 beds 1 baths1,555 sq. ft.6154 Webster St, PHILADELPHIA, PA 19143
MLS# PAPH2570090Listed by: EXP REALTY, LLC - New
$315,000Active3 beds 2 baths1,580 sq. ft.1639 N Corlies St, PHILADELPHIA, PA 19121
MLS# PAPH2571962Listed by: COMPASS PENNSYLVANIA, LLC - New
$200,000Active2 beds 1 baths825 sq. ft.112 Monroe St, PHILADELPHIA, PA 19147
MLS# PAPH2572144Listed by: COLDWELL BANKER REALTY - Open Sun, 12 to 2pmNew
$695,000Active4 beds 3 baths2,400 sq. ft.1931 Parrish St, PHILADELPHIA, PA 19130
MLS# PAPH2572554Listed by: KW EMPOWER