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Five-Unit Apartment Building
For Sale
Contact for pricing
Pending

5214 Wayne Ave, Philadelphia, PA 19144

Legal multifamily property with full occupancy, established maintenance, and RTA1 zoning in Philadelphia’s West Germantown section.

Property Size5,100 SF
Lot Size0.51 Acres
Days on Market297

Property Features for 5214 Wayne Ave

General Information

Standard status Pending
Size 5,100 SF
Lot size 0.51 Acres
Property subtype Multifamily
Zoning RTA1
Occupancy 100%

Financials

Gross Income $55,896
Average Monthly Rent $856

Additional Details

Public Transit Yes
Multifamily Units 5

Building Details

Year Built 1900
Buildings 1
Units 5
Listing Agency: McCann Commercial Real Estate
Listed By: Sam Akif · License #RS331003
Source: Crexi
Added: Nov 10, 2025 Changed: Sep 2 Last Checked: Aug 29 at 4:22PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of McCann Commercial Real Estate

Investment Insights

Based on property information with market context.

This legal five-unit multifamily property at 5214 Wayne Avenue includes a 5,100-square-foot building on nearly 22,000 square feet of land. The property is fully leased and has been maintained for more than 20 years. All units hold 2025 Lead Safety Certification, and the property has no L&I violations. RTA1 zoning supports its existing residential configuration.

The property is positioned near Chelten and Wayne Avenues in West Germantown, with access to transit, retail, cafés, and Wissahickon Valley Park. Wayne Junction Station and major routes are also within minutes. Its land area substantially exceeds the building footprint, providing documented room for expansion, additional units, or other development concepts subject to applicable approvals.

Key Highlights

  • Legal 5‑unit multifamily property with full occupancy
  • Nearly 22,000 sq ft of land and a 5,100 sq ft building footprint
  • 2025 Lead Safety Certification for all units

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Accounting Firm Travel Agency Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,630
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Legal multifamily property with full occupancy, established maintenance, and RTA1 zoning in Philadelphia’s West Germantown section.
Where is this apartment building located?
The property is located at 5214 Wayne Ave Philadelphia, PA.
What are key features of this property?
This property features: Legal 5‑unit multifamily property with full occupancy; Nearly 22,000 sq ft of land and a 5,100 sq ft building footprint; 2025 Lead Safety Certification for all units
(215) 617-6142 Call to check price and availability
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