4600 Wayne Ave

Philadelphia, PA 19144

$350,000
Price
5
Beds
3
Baths
3,258 Sq. Ft.
$107 / Sq. Ft.
3,258
Sq. Ft.
$107
per Sq. Ft.

Description

Investor Alert – Prime legally zoned with active rental licenses Triplex in Germantown with Value-Add Potential! Welcome to 4600 Wayne Avenue, a well-maintained triplex nestled in the heart of historic Germantown, Philadelphia. This income-generating property offers immediate cash flow and significant upside for savvy investors or owner-occupants. The building sits on an exceptionally large lot for the neighborhood. The spacious first-floor unit features exclusive access to a full basement, perfect...Investor Alert – Prime legally zoned with active rental licenses Triplex in Germantown with Value-Add Potential! Welcome to 4600 Wayne Avenue, a well-maintained triplex nestled in the heart of historic Germantown, Philadelphia. This income-generating property offers immediate cash flow and significant upside for savvy investors or owner-occupants. The building sits on an exceptionally large lot for the neighborhood. The spacious first-floor unit features exclusive access to a full basement, perfect for additional storage or future expansion. A detached garage and off-street parking add convenience and appeal for tenants—rare finds in this neighborhood. Current monthly gross rent is $3,195, with Unit 1 renting for $1,210, Unit 2 for $1,005, and Unit 3 for $950. All units are certified lead safe, and the property has been attentively maintained, ensuring minimal headaches for the next owner. With some strategic updates, there’s excellent potential to increase rents and overall value. Whether you're looking to expand your portfolio or house hack, this is an opportunity you won’t want to miss. Owner is a licensed Realtor.
  1. Listed by Eric Land • KW Empower
    P: (609)-992-8248 rick.land@centercitylistings.com

Property Details for 4600 Wayne Avenue

Tax ID Number
133090100
Ownership
Fee Simple
Structure Type
Twin/Semi-Detached
Style
Traditional
Waterfront
No
Garage
Yes
Municipality
PHILADELPHIA
Total Parking Spaces
3
LISTING UPDATED: 06/05/2025 03:30 PM

Property Details for 4600 Wayne Avenue

StatusActive
MLS #PAPH2481306
Days on Market32
Taxes$4,260 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1940
Lot Size0.14 AC / 5,960 SF
CountyPhiladelphia County

Location

Listing Courtesy of KW Empower
Add your commute

Building Information for 4600 Wayne Avenue

Stories-Residences3Year Built1940Building Size-Lot Size0.14 AC / 5,960 SF

Payment Calculator

$2,189 per month

30 year fixed, 6.845% Interest

Principal and Interest

$1,834

Property Taxes

$355

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4600 Wayne Avenue

Location
Location
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 803408593408
  • 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
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $304,400
  • Year Assessed: 2025
  • County Tax: $0
  • Improvement Assessed Value: $243,520
  • City Town Tax: $1,874
  • Land Assessed Value: $60,880
  • Clean Green Assessed: No
  • Land Use Code: H50
  • Zoning: RTA1
  • Tax Lot: 20
  • School Tax: $2,386
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 3
  • Units Leased Count: 3
  • Number Of Units Vacant: 0
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Lease Type: Yearly
  • Beds Total: 2
  • Full Baths Count: 1
Unit 2
  • Type: Unit 2
  • Unit Type Lease Type: Yearly
  • Beds Total: 1
  • Full Baths Count: 1
Unit 3
  • Type: Unit 3
  • Beds Total: 2
  • Full Baths Count: 1
Financial Information
Financial Information
  • Annual Rental Income: $38,340
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 3,258.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 36.00 x 165.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 960160
Parking
Parking
  • Type Of Parking: Detached Garage, Off Street
  • Num of Detached Garage Spaces: 1
  • Total Garage Spaces: 1
  • Off Street - # of Spaces: 2
  • Garage Features: Covered Parking
Interior Features
Interior Features
  • Fireplace: No
  • Appliances: Stove, Refrigerator, Microwave, Washer, Dryer
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Electric, Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS

Property History for 4600 Wayne Avenue

DateEvent & SourcePriceAppreciation
May 12, 2025

Listed (Active)

BRIGHT #PAPH2481306

$350,000
Nov 30, 2016

Closed (Public Record)

Public Record #584930703

$50,000
Jan 5, 2016

Withdrawn

BRIGHT #1007766404

$149,000
Jan 23, 2015

Listed (Active)

BRIGHT #1007766404

$169,000
DateEvent & SourcePrice
05/12/2025

Listed (Active)

BRIGHT #PAPH2481306

$350,000
11/30/2016

Closed (Public Record)

Public Record #584930703

$50,000
01/05/2016

Withdrawn

BRIGHT #1007766404

$149,000
01/23/2015

Listed (Active)

BRIGHT #1007766404

$169,000

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

Public Records for 4600 Wayne Avenue

Taxable ValueLand$60,880Additions$243,520Total$304,400
Tax Record2024$4,261 ($355 / month)
Home Facts
Beds0Total Finished SqFt3,258 SqFtAbove Grade Finished SqFt3,258 SqFtStories3Lot Size5,960 SqFtStyleSingle Family ResidenceYear Built1940ZoningRTA1CountyPHILADELPHIAAPN13-3-0901-00

Schools near 4600 Wayne Avenue

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 12
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Kelly John B School
PublicK to 5

Widener Memorial School
PublicK to 12

King Martin Luther High School
Public9 to 12

Middle Years Alternative School
Public6 to 8

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.

Similar Homes

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4600 Wayne Avenue is a multi-family home for sale in Philadelphia, PA 19144. This property was listed for sale on May 12, 2025 by KW Empower, it's currently listed at $350,000. It has been on the market for a total of 32 days and was last sold on November 30, 2016. This listing's school district is The School District of Philadelphia. Nearby schools include Kelly John B School, Widener Memorial School and King Martin Luther High School. 4600 Wayne Avenue is a 5-bed, 3-bath, 3,258 sqft multi-family home built in 1940.

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 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 KW Empower

Based on information from one of the following Multiple Listing Services: BRIGHT, 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, 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.