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5331 Wayne Ave, 
Philadelphia, PA 19144

$325,000


5

Beds


Bath


5,000

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Maria Maria Quattrone Quattrone

Lpt Realty, LLC., 8773662213, pabrokers@lptrealty.com

Last updated:

May 25, 2026, 01:31 PM

MLS#

PAPH2594742

Source:

BRIGHTMLS

About This Home

5331 Wayne Ave

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 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. Conveniently situated with a Walk Score of 86, the location offers excellent accessibility, allowing most daily errands to be completed without a car. Chelten Avenue Station on the Chestnut Hill West Line is just 11 minutes away, providing convenient access to Center City Philadelphia. Nearby recreational options include Kelly Playground, Happy Hollow Recreation Center, and Cloverly Park, offering great outdoor spaces for relaxation and activities. Whether you are an investor seeking a high-performing multi-unit property, a contractor ready to complete the remaining work, or a buyer interested in living in one unit while renting the others, this Germantown multi-family property offers space, income potential, and a prime location in one compelling package. Schedule your showing today.

Home Facts

Multi-Family

5 Bedrooms

Built in 1890

Price Summary

325,000

$65 per Sq. Ft.

MLS #:

PAPH2594742

Last Updated:

May 25, 2026, 01:31 PM

Added:

2 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5


Structure

Structure

Architectural Style:

Dwelling w/Separate Living Area

Building Area:

5,000 Sq. Ft.

Year Built:

1890


Lot

Lot Size (Sq. Ft):

2,613


Finances & Disclosures

Finances

Price:

$325,000

Price per Sq. Ft:

$65 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Bright Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.