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5214 WAYNE AVENUE
5214 WAYNE AVENUE
5214 WAYNE AVENUE
5214 WAYNE AVENUE
5214 WAYNE AVENUE
5214 WAYNE AVENUE
5214 WAYNE AVENUE
5214 WAYNE AVENUE
5214 WAYNE AVENUE
5214 WAYNE AVENUE
5214 WAYNE AVENUE
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5214 WAYNE AVENUE
5214 WAYNE AVENUE
5214 WAYNE AVENUE
5214 WAYNE AVENUE
5214 WAYNE AVENUE
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5214 WAYNE AVENUE
5214 WAYNE AVENUE
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5214 WAYNE AVENUE
5214 WAYNE AVENUE
5214 WAYNE AVENUE
5214 WAYNE AVENUE
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5214 WAYNE AVENUE
5214 WAYNE AVENUE
Active Under Contract

5214 WAYNE AVENUE

5214 WAYNE AVENUE, PHILADELPHIA, PA 19144

$450,000
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, cafes, 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.

0.51 Acres lot

The IDX display contains information sourced from the Bright MLS, Inc. as of 12/3/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2025 Bright MLS, Inc. all rights reserved.

Data last updated on 12/3/2025 at 2:30 AM UTC

Features & Amenities

Interior

  • APPLIANCES Electric Water Heater

Area & Lot

  • Status Active Under Contract
  • Lot Area0.51 Acres
  • MLS® IDPAPH2554390
  • TypeCommercial
  • YEAR BUILT1900
  • NeighborhoodPhiladelphia
  • High SchoolGERMANTOWN
  • School DistrictPHILADELPHIA CITY

Exterior

  • water SourcePublic
  • lot featuresFront Yard, Back Yard
  • parkingOn Street, Driveway
  • HEAT TYPENatural Gas, Forced Air
  • AIR CONDITIONINGWindow Unit(s), Electric
  • sewerPublic Sewer

Financial

  • Sales Price$450,000
  • Real Estate Tax $8,244/yr
  • Zoning RTA1
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Thank you for your interest in 5214 WAYNE AVENUE, PHILADELPHIA, PA 19144. We are reviewing your request and will be in touch shortly!

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