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MLS: #PAPH2594742, Listed By: Maria Quattrone, LPT Realty, LLC, Source:Bright MLS

5331 Wayne Avenue

PHILADELPHIA, PA 19144
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Bed 5

Bed

Bath 0

Bath

SqFt5,000

Sqft

Acres0.06

Acre(Lot)

Discover a rare investment opportunity in the rapidly developing Germantown neighborhood of Philadelphia. This five-unit multi-family property spans over 5,000 sq/ft and presents a unique chance to acquire a valuable asset with only minimal work remaining, allowing it to begin generating cash flow within just a couple of months. With zoning approval for 5 units and an on-site accessory parking space, the property offers additional convenience and long-term value for both investors and tenants. The property has been recently renovated with approximately 80% of the work completed, leaving only some additional work needed to make the units fully rent-ready. This makes it an excellent opportunity for investors looking for a light rehab project in a high-growth area. Once the remaining work is completed and the units are leased, the property has strong potential to become a solid performer in any rental portfolio. The building currently consists of (1) studio unit, (3) one-bedroom one-bath units, and (1) two-bedroom one-bath unit. Each unit has been updated with laminate flooring throughout, brand-new kitchens and bathrooms, in-unit washers and dryers, and mini-split systems for heating and cooling. The front and rear units on the second floor feature private decks, providing desirable outdoor space that enhances the appeal and marketability of those apartments. All units are fully electric and individually metered, making tenant billing and utility management simple and cost-efficient. The projected rental income for the one-bedroom one-bath units is approximately $1,200 per month, while the two-bedroom one-bath unit is projected at $1,300 per month. At those rental rates, the property could generate approximately $6,100 per month or $73,200 annually in gross income. This represents an excellent opportunity to achieve a strong return on investment with significant upside potential. The property is being sold “AS-IS.” The seller will not make any repairs, and no city certificate will be provided to the buyer. Schedule your showing today.

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Detail Ic Property Details

Property Type : Residential Income

Price : $325,000

AD Id : 76179590

MLS Id : PAPH2594742

Beds : 5

Lot Size : 0.06 Acre

Living Area Size : 5,000

Year Built : 1890

County : PHILADELPHIA

Subdivision: Germantown

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Feature Features

  • Bedroom Information

    Total beds: 5

    Room Information

    Has Basement: Yes Basement: Full
  • Interior Features

    Appliances: Electric Range, Electric Oven, Washer, Electric Water Heater, Refrigerator, Microwave
  • Heating & Cooling

    Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: Ductless, Electric

  • Building Information

    Year Built: 1890 Building Area Total: 5000 Patio And Porch Features: Porch, Deck Pool Features: None Private Pool: No View: Street

  • Lot Information

    Lot Dimensions: 25.00 x 96.00 Lot Size Acres: 0.06 Lot Size Source: Assessor Lot Size Square Feet: 2400 Lot Description: Corner Lot

    Property Information

    Subdivision: GERMANTOWN Source Property Type: Residential Income Postal Code Plus 4: 6203 Property SubType: Quadruplex Property Age: 136

  • Listing Price Information

    Listing Price: $325000

  • Tax Information

    Parcel Number: 124112500 Tax Lot: 108 Tax Year: 2025 Annual Tax: $5249

  • Parking Information

    Parking Total: 1 Off Street

  • Location Information

    Direction: Coming from the east side of Knox St, continue straight and turn right onto W Penn St. The property is the corner home located at the intersection of W Penn St and Wayne Ave. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4930 Germantown Avenue, Philadelphia, PA, 19144 $395,000 7 -- 3,033 3,033 SqFt
4941 Wayne Avenue, Philadelphia, PA, 19144 $480,000 5 -- 2,787 2,787 SqFt
238 E Queen Lane, Philadelphia, PA, 19144 $330,000 3 -- 1,224 1,224 SqFt
746 E Chelten Avenue, Philadelphia, PA, 19144 $568,000 -- -- 6,000 6,000 SqFt
334 W Manheim Street, Philadelphia, PA, 19144 $350,000 5 -- --
5607 Baynton Street, Philadelphia, PA, 19144 $335,000 4 -- 2,508 2,508 SqFt
363 E Chelten Avenue, Philadelphia, PA, 19144 $245,000 5 -- 2,481 2,481 SqFt
321 E Price Street, Philadelphia, PA, 19144 $350,000 9 -- 3,322 3,322 SqFt
5506 Greene Street, Philadelphia, PA, 19144 $499,000 5 -- 3,316 3,316 SqFt
310 W Earlham Terrace, Philadelphia, PA, 19144 $375,000 8 3 2,754 2,754 SqFt

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and 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 this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 06/15/2026 @ 17:59

MLS: PAPH2594742 LISTED BY: Maria Quattrone, LPT Realty, LLC 877-366-2213 SOURCE: Bright MLS

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