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5116-18 WAKEFIELD Street Philadelphia, PA 19144

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For Sale
$85,000

LAND - PHILADELPHIA, PA

Lot size:
0.12 Acres
Added:
Mar 12, 2026
Days on Market:
42
Last Refresh:
Apr 22 at 2:06 pm

Property Features for 5116-18 WAKEFIELD Street

General Information

Property type
Land
Property subtype
Other
Standard status
Active
Lot size
0.12 Acres

Taxes and HOA fees

Tax Annual Amount
1056

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Listing Contact
Marvis Burns

Listing agent Marvis Burns License #RS323408

Listing office BMB Living, Inc. 1500 John F Kennedy Boulevard unit: 1510, Philadelphia, PA

Listing date Mar 12, 2026

MLS# PAPH2593402 Listing URL

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Philadelphia Land Development Opportunity

This offering features a rare development opportunity in Philadelphia, located at 5112 Wakefield St in the Germantown section. It includes two side-by-side vacant lots, each measuring 25x50, with 2,625 square feet per lot, totaling 5,250 square feet. The land is flat, industrial, and currently vacant, providing a clean slate for development without demolition or extensive site work. Zoned residential (R), the property presents strong upside potential, with plans to pursue a zoning change that would allow for the construction of two triplexes, creating a six-unit residential complex. This setup offers an excellent opportunity for investors and developers looking to maximize density and returns in a growing Philadelphia neighborhood. With its straightforward lot configuration and development potential, this property is well-suited for a multi-unit residential project designed to meet increasing housing demand. Conveniently located near public transportation, neighborhood amenities, and major roadways, this site combines accessibility with long-term investment potential. The property is located in Philadelphia, PA 19144.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Philadelphia
County
Delaware
State
Pennsylvania
Longitude
-75.1634672
Latitude
40.0321589

FAQs

What type of property is this?
Residential land & home lot - Two adjacent vacant lots in Germantown, Philadelphia.
Where is this residential land & home lot located?
The property is located at 5116-18 WAKEFIELD Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $85,000.
What are key features of this property?
This property features: Development opportunity to build a six‑unit residential complex (two triplexes) pending zoning change.; Two side‑by‑side vacant lots totaling 5,250 square feet (25x50 each).; Located in the Germantown section of Philadelphia.
More about this property
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