5331 Wayne Ave

4
Baths
5,000 Sq. Ft.
$79 / Sq. Ft.
5,000
Sq. Ft.
$79
per Sq. Ft.

Description

Discover a rare investment gem in the rapidly developing Germantown neighborhood of Philadelphia. This five-unit multi-family property spanning over 5,000 Sq/Ft presents a unique chance to acquire a fantastic asset with minimal work remaining and can start cash flowing within a couple of months. With zoning approval for an on-site accessory parking space, the property offers added convenience and long-term value to both investors and tenants. Recently renovated with approximately 80% of the work...Discover a rare investment gem in the rapidly developing Germantown neighborhood of Philadelphia. This five-unit multi-family property spanning over 5,000 Sq/Ft presents a unique chance to acquire a fantastic asset with minimal work remaining and can start cash flowing within a couple of months. With zoning approval for an on-site accessory parking space, the property offers added convenience and long-term value to both investors and tenants. Recently renovated with approximately 80% of the work completed, this property requires some additional work to be fully rent-ready—ideal for investors seeking a light rehab project in a high-growth area. Once completed and leased, this property has the potential to become a strong performer in any rental portfolio. The property currently has (4) 1 bed 1 bath units and (1) 2 bed 1 bath unit. Each unit has been updated with laminate floors throughout, brand new kitchens and baths, washers and dryers in each unit, and mini-split systems for heating and cooling. The front and back units on the second floor have decks which provide a great outdoor space really enhancing the marketability for each of those units. All units are powered by electric and have all separate meters making tenant billing and utility management straightforward and cost-effective. The projected monthly income you can expect for the 1 bed 1 bath apartments is about $1,200/month while the 2 bed 1 bath unit can be rented for $1,300/month. Rented under those conditions the property would gross $6,100/month and $73,200/year. This is a fantastic opportunity that can yield a great return on investment with huge upside potential. The property is being sold "As-Is", the seller will not be making any repairs. No city certificate will be provided to the buyer. Conveniently located with a Walk Score of 86, this address offers exceptional accessibility — most errands can be accomplished without a car. The Chelten Avenue Station (Chestnut Hill West Line) is just 11 minutes away, providing an easy commute to Center City Philadelphia. Outdoor enthusiasts will appreciate nearby Kelly Playground, Happy Hollow Recreation Center, and Cloverly Park for recreation and leisure. Whether you’re an investor seeking a high-performing multi-unit property, a contractor ready to complete the final touches, or a buyer looking to live in one unit and rent the rest, this Germantown multi-family opportunity delivers space, income, and location all in one package. Schedule your showing today!
  1. Listed by Maria Maria Quattrone Quattrone • LPT Realty, LLC
    P: (215)-607-3523 thelistingteam@liveloveathome.com

Property Details for 5331 Wayne Avenue

Tax ID Number
124112500
Ownership
Fee Simple
Structure Type
Twin/Semi-Detached
Style
Dwelling w/Separate Living Area, Unit/Flat
Waterfront
No
Views
Street
Garage
No
Expected On Market Date
10-23-2025
LISTING UPDATED: 01/06/2026 03:12 PM

Property Details for 5331 Wayne Avenue

StatusActive
MLS #PAPH2547552
Days on Market76
Taxes$5,249 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1890
Lot Size0.06 AC / 2,400 SF
CountyPhiladelphia County

Location

Listing Courtesy of LPT Realty, LLC
Add your commute

Building Information for 5331 Wayne Avenue

Stories-Residences4Year Built1890Building Size-Lot Size0.06 AC / 2,400 SF

Payment Calculator

$2,363 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,925

Property Taxes

$437

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5331 Wayne Avenue

Location
Location
  • Transportation: Airport less than 10 miles, Bus Stop less than 1 mile, Commuter Rail Station less than 1 mile
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19144 (19144)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $375,000
  • Year Assessed: 2025
  • County Tax: $0
  • Improvement Assessed Value: $300,000
  • City Town Tax: $2,309
  • Land Assessed Value: $75,000
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: N50
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: RSA3
  • Tax Lot: 108
  • School Tax: $2,939
  • School Tax Payment Frequency: Annually
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Common Area Maintenance
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 4
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Number Of Units Vacant: 4
Multi Family
Unit 1
  • Type: Unit 1
  • Level: 1
  • Beds Total: 1
  • Full Baths Count: 1
Unit 2
  • Type: Unit 2
  • Level: 1
  • Beds Total: 2
  • Full Baths Count: 1
Unit 3
  • Type: Unit 3
  • Level: 2
  • Beds Total: 1
  • Full Baths Count: 1
Unit 4
  • Type: Unit 4
  • Level: 3
  • Beds Total: 1
  • Full Baths Count: 1
Financial Information
Financial Information
  • Gross Scheduled Income: $73,200
  • Annual Rental Income: $0
Building Info
Building Info
  • Year Major Reno Remodel: 2025
  • Building Level Count: 3
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 25.00 x 96.00
  • Lot Dimensions Source: Assessor
  • Lot Features: Corner
  • Location Type: Urban
  • Parcel ID: 952816
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Off Street
  • Off Street - # of Spaces: 1
Interior Features
Interior Features
  • Interior Features: Bathroom - Tub Shower, Combination Kitchen/Living, Combination Dining/Living
  • Fireplace: No
Exterior Features
Exterior Features
  • Spa: No
  • Exterior Features: Sidewalks, Street Lights
  • Outdoor Living Structures: Porch(es), Deck(s)
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Ductless/Mini-Split
  • Cooling Fuel: Electric
  • Heating Type: Wall Unit
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS
  • List Agent URL: www.liveloveathome.com

Property History for 5331 Wayne Avenue

DateEvent & SourcePriceAppreciation
Nov 4, 2025

Listed (Active)

BRIGHT #PAPH2547552

Oct 23, 2025

Active Under Contract

BRIGHT #PAPH2547552

Oct 23, 2025

Listed (Active)

BRIGHT #PAPH2547552

$395,000
Jun 11, 2024

Closed (Public Record)

Public Record #1534941776

$180,000
DateEvent & SourcePrice
11/04/2025

Listed (Active)

BRIGHT #PAPH2547552

10/23/2025

Active Under Contract

BRIGHT #PAPH2547552

10/23/2025

Listed (Active)

BRIGHT #PAPH2547552

$395,000
06/11/2024

Closed (Public Record)

Public Record #1534941776

$180,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5331 Wayne Avenue

Taxable ValueLand$75,000Additions$300,000Total$375,000
Tax Record2025$5,249 ($437 / month)
Home Facts
Total Finished SqFt3,643 SqFtAbove Grade Finished SqFt3,643 SqFtStories3Lot Size2,400 SqFtStyleMulti-Family Res (5+ Units)Year Built1890ZoningRSA3CountyPHILADELPHIAAPN12-4-1125-00

Schools near 5331 Wayne Avenue

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Kelly John B School
PublicK to 5

Fitler Academics Plus
PublicK to 8

King Martin Luther High School
Public9 to 12

Central High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

Similar Sold Homes

5331 Wayne Avenue is a multi-family home for sale in Philadelphia, PA 19144. This property was listed for sale on October 23, 2025 by LPT Realty, LLC, it's currently listed at $395,000. It has been on the market for a total of 76 days and was last sold on June 11, 2024. This listing's school district is The School District of Philadelphia. Nearby schools include Kelly John B School, Fitler Academics Plus and King Martin Luther High School. 5331 Wayne Avenue is a 5-bed, 4-bath, 5,000 sqft multi-family home built in 1890.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LPT Realty, LLC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.