Pending
Sale Pending at 1121 Walnut St, Philadelphia, PA 19107 | MLS# PAPH2559208 | Listing updated on 2026-04-01
Photo 1 of Sale Pending at 1121 Walnut St, Philadelphia, PA 19107 | MLS# PAPH2559208 | Listing updated on 2026-04-01
Photo 2 of Sale Pending at 1121 Walnut St, Philadelphia, PA 19107 | MLS# PAPH2559208 | Listing updated on 2026-04-01
Photo 3 of Sale Pending at 1121 Walnut St, Philadelphia, PA 19107 | MLS# PAPH2559208 | Listing updated on 2026-04-01
Photo 4 of Sale Pending at 1121 Walnut St, Philadelphia, PA 19107 | MLS# PAPH2559208 | Listing updated on 2026-04-01
34+
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Street View

$2,875,000

Monthly Est:$14,310

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon6,076sqft

1121 Walnut St, Philadelphia, PA 19107

$14,310/moEst:

Get Pre-Approved

  • Multi Family

  • Built in 1900

  • $-- HOA

  • 2,793 sqft lot

  • $473/sq.ft

Description

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 bl
ends 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

  • Houzeo last checked: 13 minutes ago
  • Listing updated: April 1, 2026 at 7:37 pm
  • Listing Provided by: Bruno R. R Pouget (215) 990-9525 , Brett Caspi (516) 633-6106 | Compass Pennsylvania, LLC (267) 435-8015
  • Source: Bright MLS-NJ | MLS#: PAPH2559208 Bright MLS-NJ

Property Details

  • Status

    Pending

  • Type

    Multi Family

  • No. of Stories

    4

  • County

    Philadelphia Pa County

  • City

    Philadelphia

  • Neighborhood

    Washington Square West

  • Year Built

    1900

  • HOA Fees

    -

  • Finished Area

    6,076 sqft

  • Lot Size

    2,793 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Bright MLS

  • MLS Number

    PAPH2559208

  • MLS Status

    PENDING-BRIGHT

  • Days on Market

    74

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Interior

  • Cooling

    Central A/c

  • Heating

    Central

  • Sewer

    Public Sewer

Construction

  • Year Built

    Year Built: 1900

  • Home type

    Multi Family

  • Foundation Details

    Stone, Other

  • Construction Materials

    Masonry

  • Architectural Style

    Traditional

Utilities & Energy

  • Electric

    200+ Amp Service, 3 Phases, Other

  • Water Source

    Public

Price History

DateEventPrice

04/01/2026

Source: mls_logoBright MLS-NJ #PAPH2559208

Pending

$2,875,000

$473/sqft

11/20/2025

Source: mls_logoBright MLS-NJ #PAPH2559208

Listed for Sale

$2,875,000

$473/sqft

Washington Square West Ranks #33 in Philadelphia, PA

Homes for sale
134

Homes

Rental prices
$1,630

Rental Prices

Median Home Price
$437.5K

Median Home Price

Washington Square West, Philadelphia, PA neighborhood guide

Based on information from Bright MLS through Nov 04, 2026, 06:00AM. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. © 2026 Bright MLS, Inc. All Rights Reserved. Click here for more information

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