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    5331 Wayne Ave Philadelphia, PA 19144

    For Sale
    $395,000

    MULTI_FAMILY - Other - PHILADELPHIA, PA

    Property size:
    5,000 SF
    Lot size:
    0.06 Acres
    Days on Market:
    24
    Last Refresh:
    Dec 6 at 11:06 am

    Property Features for 5331 Wayne Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Dining Room
    Parking
    1
    Parking features
    Off Street
    Interior features
    Bathroom - Tub Shower, Combination Kitchen/Living, Combination Dining/Living
    Appliances
    Refrigerator, Built-In Microwave, Oven/Range - Electric, Washer - Front Loading, Dryer - Front Loading
    Size
    5,000 SF
    Lot size
    0.06 Acres

    Utilities

    Heating system
    Other (Heating)
    Cooling system
    Ductless

    Building Details

    Year built
    1890
    Number of units
    4
    Building materials
    Masonry
    Architectural style
    Other

    RE/MAX @ HOME (609) 876-7930 [email protected]

    Listing agent Maria Maria Quattrone Quattrone (215) 607-3523 License #RS281573

    Listing date Nov 13, 2025

    MLS# PAPH2547552 Listing URL

    Copyright © 2025 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

    Germantown Multifamily Investment Opportunity

    Located in the Germantown neighborhood of Philadelphia, this five-unit multi-family property offers an investment opportunity. The property spans over 5,000 square feet and is partially renovated, with approximately 80% of the work completed. It is suited for investors seeking a light rehab project. The property has zoning approval for an on-site accessory parking space. The building contains four 1-bed, 1-bath units and one 2-bed, 1-bath unit. Each unit features laminate floors, new kitchens and baths, in-unit washers and dryers, and mini-split systems for heating and cooling. The second-floor front and back units include decks. Each unit is powered by electric and has separate meters. The projected monthly income for the 1-bed, 1-bath apartments is $1,200, while the 2-bed, 1-bath unit can be rented for $1,300. Under these conditions, the property would gross $6,100 per month and $73,200 per year. The property is being sold "As-Is," and the seller will not be making any repairs. No city certificate will be provided to the buyer. With a Walk Score of 86, the location is accessible, and most errands can be accomplished without a car. The Chelten Avenue Station (Chestnut Hill West Line) is 11 minutes away. Nearby recreational areas include Kelly Playground, Happy Hollow Recreation Center, and Cloverly Park. The lot size is 0.06 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.173523
    Latitude
    40.028938

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    FAQs

    What type of property is this?
    Apartment building - Five-unit property with renovation potential in a high-growth area.
    Where is this apartment building located?
    The property is located at 5331 Wayne Ave Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: - Five-unit multi-family property in the rapidly developing Germantown neighborhood.; - High Walk Score (86) and convenient access to public transportation (Chelten Avenue Station).; - Recently renovated with approximately 80% of the work completed, offering a light rehab project with quick cash flow potential.
    (215) 607-3523
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5331 Wayne Ave Philadelphia, PA 19144
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