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MLS: #PAPH2636694, 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)

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 improve ments 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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Detail Ic Property Details

Property Type : Residential Income

Price : $325,000

AD Id : 85017089

MLS Id : PAPH2636694

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: 2026 Annual Tax: $5249

  • Parking Information

    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 6 -- 3,033 3,033 SqFt
4941 Wayne Avenue, Philadelphia, PA, 19144 $480,000 5 -- 2,787 2,787 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 $489,000 5 -- 3,316 3,316 SqFt
310 W Earlham Terrace, Philadelphia, PA, 19144 $375,000 8 3 2,754 2,754 SqFt
508 W Midvale Avenue, Philadelphia, PA, 19144 $285,000 5 -- 1,966 1,966 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 06/17/2026 @ 09:18

MLS: PAPH2636694 LISTED BY: Maria Quattrone, LPT Realty, LLC 877-366-2213 SOURCE: Bright MLS

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