Listing provided courtesy of LPT Realty, LLC- MLS# PAPH2636694
Contact Information: [email protected] - 8773662213
Contact Information: [email protected] - 8773662213Images
Request Info5331 WAYNE AVENUEPHILADELPHIA, PA 19144
Multi-Family · 5,000 Sq. ft. | 0.06 Acres$325,000
ACTIVE
5331 WAYNE AVENUE Overview
- Time on Site:
- 14 days
- Visits:
- 3
Take advantage of this exceptional investment opportunity in Philadelphia's fast-growing Germantown neighborhood. Offering more than 5,000 square feet of space, this five-unit multifamily property presents a rare chance to acquire a value-add asset with only minimal work remaining before it can begin producing rental income. With zoning approval for five units and an accessory parking space on-site, the property provides added convenience and long-term appeal for both investors and future tenants. Extensive renovations have already been completed, with approximately 80% of the project finished. The remaining work is relatively minor, making this an ideal opportunity for investors seeking a light rehabilitation project in a neighborhood experiencing continued growth. Once the final improvements are completed and the units are occupied, the property has the potential to become a strong income-producing asset. The building is configured with (1) studio apartment, (3) one-bedroom, one-bath units, and (1) two-bedroom, one-bath unit. Renovations include laminate flooring throughout, brand-new kitchens and bathrooms, in-unit washers and dryers, and energy-efficient mini-split heating and cooling systems. The front and rear second-floor units each feature private decks, adding valuable outdoor living space that enhances tenant appeal and rental desirability. All units are fully electric and individually metered, simplifying utility management and billing. Projected monthly rents are approximately $1,200 for each one-bedroom, one-bath unit and $1,300 for the two-bedroom, one-bath unit. Based on these projections, the property has the potential to generate approximately $6,100 per month, or $73,200 annually, in gross rental income. This presents an attractive opportunity for investors seeking strong returns and future upside. The property is being sold strictly AS-IS. The seller will make no repairs, and no city certification will be provided to the buyer. Schedule your showing today.
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5331 WAYNE AVENUE Facts & Features
- Type Multi-Family
- Sq. ft. 5,000
- Price/Sq.ft. $65
- Lot 0.06 Acres
Details
General
Listing Information
- Real Estate Owned: No
- Short Sale: No
Building Information
- New Construction: No
- Pool: No Pool
- Total SQFT: 5000
- Year Built: 1890
Location/Region
- Country: US
- County: PHILADELPHIA
- County Or Parish: PHILADELPHIA
- MLS Area Major: 19144 (19144)
- Subdivision Name: GERMANTOWN
Parking Information
- Type of Parking: Off Street
Tax Information
- City/Town Tax: 2309.00
- City/Town Tax Payment Frequency: Annually
- County Tax Payment Frequency: Annually
- School Tax: 2939.00
- School Tax Payment Frequency: Annually
- Tax Annual Amount: $5,249.00
- Tax Assessed Value: 375000.00
- Tax Year: 2026
General Information
- Historic: No
- Inclusions: Refrigerator, Oven Range-Electric, Dishwasher, Built-In Microwave, Washer-Front Loading & Dryer-Front Loading
- Municipal Trash: Yes
- Property Sub Type: Quadruplex
- Property Type: Multi-Family
- School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
- Special Listing Conditions: Standard
- Vacation Rental: No
- Year Assessed: 2026
- Zoning: RSA3
Unit Information
- Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3
Interior
Building Information
- Cooling Fuel: Electric
- Heating Fuel: Electric
Parking Information
- Garage: No
Building Exterior/Construction
- Structure Type: End of Row/Townhouse
Building Interior
- Above Grade Finished Area: 5000
- Above Grade Finished Area Source: Estimated
- Above Grade Finished Area Units: Square Feet
- Below Grade Finished Area: 0
- Below Grade Finished Area Source: Assessor
- Below Grade Finished Area Units: Square Feet
- Central Air: No
- Hot Water: Electric
General Information
- Accessibility Features: 2+ Access Exits
- Appliances: Refrigerator, Built-In Microwave, Oven/Range - Electric, Washer - Front Loading, Dryer - Front Loading
- Cooling: Ductless/Mini-Split
- Fireplace: No
- Foundation Details: Other
- Interior Features: Bathroom - Tub Shower, Combination Kitchen/Living, Combination Dining/Living
- Living Area: 5000
- Living Area Source: Estimated
- Spa: No
- Stories Total: 3
Unit Information
- One Bedroom Units Count: 3
- Single Room Units Count: 1
- Three Bedroom Units Count: 0
- Two Bedroom Units Count: 1
Exterior
Lot Information
- Lot Dimensions Source: Assessor
- Lot Features: Corner
- Lot Size Dimensions: 25.00 x 96.00
- Lot Size Source: Assessor
- Lot Size Square Feet: 2400.00
- Lot Size Units: Square Feet
- Water Source: Public
Waterfront/View
- View: Street
- Water Oriented: No
- Water View: No
- Waterfront: No
Building Exterior/Construction
- Architectural Style: Dwelling w/Separate Living Area, Unit/Flat
- Construction Materials: Masonry
- Patio And Porch Features: Porch(es), Deck(s)
General Information
- Exterior Features: Sidewalks, Street Lights
- Number Of Units Total: 4
- Other Structures: Above Grade,Below Grade
- Sewer: Public Sewer
- Water Access: No
Unit Information
Unit 5 Details
- Unit Type: Unit 1
- Beds Total: 1
Unit 3 Details
- Unit Type: Unit 2
- Beds Total: 2
Unit 2 Details
- Unit Type: Unit 3
- Beds Total: 1
Unit 1 Details
- Unit Type: Unit 4
- Beds Total: 1
Unit 4 Details
- Unit Type: Unit 5
- Beds Total: 0
5331 WAYNE AVENUE Neighborhood
Community
19144 (PHILADELPHIA) Demographics
34
Median Age
13,044
Population Density (per sq. mile)
41%
College Educated
$35,047
Estimated Median Income
7,042
Estimated Total Home Owners
11,532
Estimated Total Renters
38% / 62%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.5331 WAYNE AVENUE Monthly Cost
5331 WAYNE AVENUE Market Data
Based on the last 30 days in this zip code
$267,285
Average List Price
$96
Average Price per Square Foot
16
Properties Sold
115
Average Days on Market
148
Properties for Sale
5331 WAYNE AVENUE History
| Date | Value | Agent |
|---|---|---|
| 6/16/2026Source: BRIGHT MLS | June 16, 2026 |
|
| 6/16/2026Source: BRIGHT MLS | June 16, 2026 |