Investments Sales Management

5214 WAYNE AVENUE

PHILADELPHIA , PA 19144

MLS#: PAPH2554390

$450,000

Status: Active
Listing number: PAPH2554390
Listing provided by: Keller Williams Main Line
Listing agent phone: None
Last update: 3 days ago
On site: 6 days ago
Browse Properties
GERMANTOWN (WEST) - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1900

Sq.Footage

N/A

5214 Wayne Avenue | Philadelphia, PA 19144 Legal 5-Unit Multifamily | West Germantown | Priced to Sell | 1031 Exchange Opportunity Exceptional investment opportunity in one of Northwest Philadelphia’s most active growth corridors! 5214 Wayne Avenue is a fully leased, low-maintenance legal 5-unit multifamily property offering both immediate income and long-term development upside. Sitting on nearly 22,000 sq ft of land with a 5,100 sq ft building footprint, the property utilizes less than 25% of its lot—ideal for expansion, additional units, or creative value-add projects. Current monthly gross income $4,658 (average $856 per unit) leaves room to raise rents or reconfigure layouts to meet demand. Located just off Chelten & Wayne Avenues near the growing Mt. Airy and East Falls borders, residents enjoy walkable access to transit, shops, cafés, and Wissahickon Valley Park. Minutes to Wayne Junction Station and major routes. Highlights: Owner Retiring – Priced to Sell 1031 Exchange Ready – Immediate Tax Savings Fully Leased, Well Maintained for 20+ Year 2025 Lead Safety Certification for all unit No L & I Violations Massive 22,000 SF Lot / Development Potential High-Demand West Germantown Location Turnkey cash flow today, with significant upside for the next investor or developer.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Window Unit(s), Electric

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Stone

  • Parking

    On Street, Driveway

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Front Yard, Back Yard

  • Lot Size(acres)

    0.51

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $450,000

  • Tax Amount

    8244.0

  • Zoning

    Residential Two-Family Attached district primarily for two-family, semi-detached houses on individual lots.

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    GERMANTOWN

Property Features

  • Sewer

    Public Sewer

  • Tax Lot

    37

  • Water Source

    Public

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Location

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PHILADELPHIA

Elementary School

Middle School

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GERMANTOWN

Listing Courtesy of Lisa Y Risco , Keller Williams Main Line

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Agent TheresaKehler

Owner, President, Investment Property Advisor

TheresaKehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


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5214 Wayne Avenue | Philadelphia, PA 19144 Legal 5-Unit Multifamily | West Germantown | Priced to Sell | 1031 Exchange Opportunity Exceptional investment opportunity in one of Northwest Philadelphia’s most active growth corridors! 5214 Wayne Avenue is a fully leased, low-maintenance legal 5-unit multifamily property offering both immediate income and long-term development upside. Sitting on nearly 22,000 sq ft of land with a 5,100 sq ft building footprint, the property utilizes less than 25% of its lot—ideal for expansion, additional units, or creative value-add projects. Current monthly gross income $4,658 (average $856 per unit) leaves room to raise rents or reconfigure layouts to meet demand. Located just off Chelten & Wayne Avenues near the growing Mt. Airy and East Falls borders, residents enjoy walkable access to transit, shops, cafés, and Wissahickon Valley Park. Minutes to Wayne Junction Station and major routes. Highlights: Owner Retiring – Priced to Sell 1031 Exchange Ready – Immediate Tax Savings Fully Leased, Well Maintained for 20+ Year 2025 Lead Safety Certification for all unit No L & I Violations Massive 22,000 SF Lot / Development Potential High-Demand West Germantown Location Turnkey cash flow today, with significant upside for the next investor or developer.

5214 WAYNE AVENUE

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