UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $175
MLS Listing ID PAPH2531298
Style Contemporary,Unit/Flat
Abv Grd Liv Area 3,000
Year Built 2025
Annual Tax Amount $228
Tax Year 2024
Lot Size 1,088 Sqft
Acres 0.02
Lot Dimensions 16.00 x 68.00
Property Sub-Type Triplex
Source BRIGHT
Property Description
An incredible investment opportunity awaits with this newly built triplex in the heart of West Philadelphia. Completed in 2025, the property offers three modern units with premium finishes and a thoughtful design, all backed by a 10-year tax abatement that makes it an attractive option for investors or owner-occupants.
The first floor is a one-bedroom, one-bathroom apartment with access to a private backyard, ideal for outdoor living. The second floor offers another one-bedroom, one-bathroom layout, perfect for consistent rental income. The top floor stands out with a spacious three-bedroom, two-and-a-half-bathroom residence that includes a private roof deck with sweeping views, making it a highly desirable unit for renters or an excellent option for an owner's suite.
Each unit is equipped with washer and dryer hookups, central HVAC, and contemporary finishes throughout. With new construction all around and easy access to University City, public transit, and the amenities of West Philadelphia, this property provides strong rental potential as well as long-term appreciation. Whether you are looking to expand your portfolio or take advantage of a house-hacking opportunity, 5341 Chestnut St is a must-see.
Location
Province PA
County Philadelphia
Area 19139 (19139)
Zoning RM1
Interior
Hot Water Electric
Cooling Central A/C
Fireplace N
Heat Source Electric
Exterior
Exterior Feature Roof
Utilities Available Water Available, Electric Available
Water Access N
Accessibility 36\"+ wide Halls, 32\"+ wide Doors, 2+ Access Exits
Porch Roof
Garage N
Building
Foundation Slab
Above Ground Finished SqFt 3000
Sewer Public Sewer
Water Public
Architectural Style Contemporary, Unit/Flat
Additional Building Above Grade, Below Grade
New Construction Y
Schools
School District The School District Of Philadelphia
Others
Tax ID 885691641
Ownership Fee Simple
SqFt Source 3000
Acceptable Financing Cash, Negotiable, Private, Other
Listing Terms Cash, Negotiable, Private, Other
Financing Cash,Negotiable,Private,Other
Special Listing Condition Standard
Nearby School & Business
- 10
Penn Alexander School
Public | KG - 8
- 9
Gamp
Public | 5 - 12
- 8
Merion Elementary School
Public | KG - 5
- 5
East Lansdowne Elementary School
Public | KG - 6
- 5
W B Evans Magnet School
Public | KG - 6
- 4
Bywood Elementary School
Public | 1 - 5
- 4
Park Lane Elementary School
Public | KG - 6
- 4
Overbrook Educational Center
Public | KG - 8
- 4
West Philadelphia Achievement Ces
Public | KG - 5
- 4
Overbrook Elementary School
Public | KG - 6
- 4
Philadelphia Montessori Charter School
Public | PK - 6
- 4
Andrew Hamilton School
Public | KG - 8
- 4
Mastery Charter School Mann Elementary
Public | KG - 6
- 4
Discovery Charter School
Public | KG - 8
- 4
Martha Washington Elementary Academics
Public | KG - 8
- 3
Bell Avenue School
Public | KG - 6
- 3
Southwest Leadership Academy Charter School
Public | KG - 8
- 3
Mastery Charter School at Harrity
Public | KG - 8
- 3
Hardy Williams Academy Charter School
Public | KG - 12
- 3
Middle Years Alternative School for the Humanities MYA
Public | 5 - 8
- 4
Beverly Hills Middle School
Public | 6 - 8
- 4
Boys Latin of Philadelphia Charter School
Public | 6 - 12
- 4
Mastery Charter School -Shoemaker Campus
Public | 7 - 12
- 1
Penn Wood Middle School
Public | 7 - 8
- 1
Dimner Beeber Middle School
Public | 6 - 8
- 0
Kohelet Yeshiva High School
Private | 8 - 12
- 0
Wordsworth Academy
Private | 6 - 12
- 5
Preparatory Charter School of Mathematics Science
Public | 9 - 12
- 4
Motivation High School
Public | 9 - 12
- 4
Parkway West
Public | 9 - 12
- 4
Paul Robeson High School for Human Services
Public | 9 - 12
- 3
Penn Wood High School
Public | 9 - 12
- 1
William L. Sayre High School
Public | 9 - 12
- 1
Overbrook High School
Public | 9 - 12
- 1
John Bartram High School
Public | 9 - 12
- 1
West Philadelphia High School
Public | 9 - 12
- 1
The Workshop School
Public | 9 - 12
- 1
School of the Future
Public | 9 - 12
- 1
Universal Audenried Charter High School
Public | 9 - 12
- 1
Strawberry Mansion High School
Public | 9 - 12
- 0
Talmudical Yeshiva of Philadelphia
Private | 9 - 12
- 0
The Mill Creek School
Private | 9 - 12
- 0
West Philadelphia Catholic High School
Private | 9 - 12