Philadelphia Land Development
For Sale
$85,000
5116-18 WAKEFIELD Street, Philadelphia, PA 19144
LAND - PHILADELPHIA, PA
Lot Size0.12 Acres
Days on Market74
Property Features for 5116-18 WAKEFIELD Street
General Information
Property type
Land
Property subtype
Other
Subdivision
GERMANTOWN
Elementary school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district
THE SCHOOL DISTRICT OF PHILADELPHIA
High school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status
Active
Lot size
0.12 Acres
Taxes and HOA fees
Tax Annual Amount
1135
Listing Agency:
BMB Living, Inc.
(267) 463-2428
Listed By:
Marvis Burns · License #RS323408
(267) 368-7260
Added: May 21
Changed: Jun 9
Last Checked: Aug 2 at 10:06PM
MLS# PAPH2624778
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.
Investment Insights
Based on property information with market context.
This is a rare development opportunity in the heart of Philadelphia. Located at 5112 Wakefield St in the Germantown section, this offering includes two side-by-side vacant lots, each measuring 25x50, with 2,625 square feet per lot for a total of 5,250 square feet. The land is flat, industrial, and currently vacant, providing a clean slate for development without the need for 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 0.1205 acres.
Key Highlights
- Two side‑by‑side vacant lots at 5112 Wakefield St (Germantown), each 25x50
- 5,250 total SF of flat, industrial land with no current structures to demolish
- Zoned residential (R); planned zoning change would allow construction of two triplexes
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,196
Businesses Nearby
Explore this area
Business Placement
Demographics for 19144, PA
44,481
Population
23,583
Households
1.9
Avg Household Size
37
Median Age
35%
College-Educated
90%
High-School Grad
3.6 sq mi
ZIP Area
12,356
Density / Sq Mi
$45,727
Median Household Income
$36,020
Median Earnings
$1,110
Median Rent
$224,600
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
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: Two side‑by‑side vacant lots at 5112 Wakefield St (Germantown), each 25x50; 5,250 total SF of flat, industrial land with no current structures to demolish; Zoned residential (R); planned zoning change would allow construction of two triplexes
