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- Description
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Street View
$2,875,000
Monthly Est:$14,310
-- Bed
- -- Bath
6,076sqft
1121 Walnut St, Philadelphia, PA 19107
$2,875,000
$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 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
- 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

Property Details
Status
Pending
Type
Multi Family
No. of Stories
4
County
City
Neighborhood
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
| Date | Event | Price |
|---|---|---|
04/01/2026 Source: | Pending | $2,875,000 $473/sqft |
11/20/2025 Source: | Listed for Sale | $2,875,000 $473/sqft |
Washington Square West Ranks #33 in Philadelphia, PA
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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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