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MLS: #PAPH2624778, Listed By: Marvis Burns, BMB Living, Inc., Source:Bright MLS

5116-18 Wakefield Street

PHILADELPHIA, PA 19144
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Acres0.12

Acre(Lot)

Build your vision on this rare development opportunity in the heart of Philadelphia. Located at 5112 Wakefield St in the Germantown section, this offering includes two side-by-side vacant lots, each measuring 25x50, with 2,625 square feet per lot for a total of 5,250 square feet. The land is flat, industrial, and currently vacant, providing a clean slate for development without the need for demolition or extensive site work. Zoned residential (R), the property presents strong upside potential, with plans to pursue a zoning change that would allow for the construction of two triplexes—creating a six-unit residential complex. This setup offers an excellent opportunity for investors and developers looking to maximize density and returns in a growing Philadelphia neighborhood. With its strai ghtforward lot configuration and development potential, this property is well-suited for a multi-unit residential project designed to meet increasing housing demand. Conveniently located near public transportation, neighborhood amenities, and major roadways, this site combines accessibility with long-term investment potential. Bring your plans and capitalize on the opportunity to develop a six-unit property in one of Philadelphia’s established and evolving communities.

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Detail Ic Property Details

Property Type : Land

Price : $85,000

AD Id : 79056289

MLS Id : PAPH2624778

Lot Size : 0.12 Acre(Lot)

County : PHILADELPHIA

Subdivision: Germantown

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Feature Features

  • Lot Information

    Lot Size Acres: 0.12 Lot Size Source: Estimated Lot Size Square Feet: 5250

    Property Information

    Subdivision: GERMANTOWN Source Property Type: Land

  • Listing Price Information

    Listing Price: $85000

  • Tax Information

    Parcel Number: 885642980 Tax Year: 2026 Annual Tax: $1135

  • Location Information

    Direction: * WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4619 Germantown Avenue, Philadelphia, PA, 19144 $47,500 -- -- -- Acres (Lot)--
4627 Germantown Avenue, Philadelphia, PA, 19144 $125,000 -- -- -- 0.04 Acre(Lot)
32 E Abbottsford Avenue, Philadelphia, PA, 19144 $30,000 -- -- -- 0.02 Acre(Lot)
331 E Elwood Street, Philadelphia, PA, 19144 $19,000 -- -- -- Acres (Lot)--
333 E Elwood Street, Philadelphia, PA, 19144 $15,000 -- -- -- 0.02 Acre(Lot)
4530-32 Wayne Avenue, Philadelphia, PA, 19144 $399,000 -- -- -- 0.04 Acre(Lot)
4931 Wakefield Street, Philadelphia, PA, 19144 $25,000 -- -- -- 0.03 Acre(Lot)
4995 Sheldon Street, Philadelphia, PA, 19144 $125,000 -- -- -- 0.04 Acre(Lot)
4628 Greene Street, Philadelphia, PA, 19144 $125,000 -- -- -- 0.04 Acre(Lot)
4950 Wakefield Street, Philadelphia, PA, 19144 $125,000 -- -- -- 0.03 Acre(Lot)

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ByOwner last updated this listing 06/24/2026 @ 05:07

MLS: PAPH2624778 LISTED BY: Marvis Burns, BMB Living, Inc. 267-463-2428 SOURCE: Bright MLS

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