Search
Renovated Five-Unit Apartment Building
For Sale
$325,000

5331 WAYNE AVENUE, Philadelphia, PA 19144

Varied unit layouts include private decks, modern kitchens, and individually metered electric systems.

Property Size5,000 SF
Days on Market50

Property Features for 5331 WAYNE AVENUE

General Information

Standard status Active
Size 5,000 SF
Total Parking Spaces 1
Property subtype Five Or More Units

Units

Unit Mix 1 x studio, 3 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 5

Taxes and HOA fees

Annual Taxes $5,249

Building Details

Building Size 5,000 SF
Year Built 1890
Listing Agency: LPT Realty, LLC
Listed By: Maria Maria Quattrone Quattrone · License #RS281573
Source: Mainlinekw
Added: Jun 16 Changed: Aug 2 Last Checked: Aug 3 at 11:27AM

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 LPT Realty, LLC

Investment Insights

Based on property information with market context.

This five-unit apartment building at 5331 Wayne Avenue in Philadelphia’s Germantown neighborhood contains more than 5,000 square feet and was built in 1890. The unit mix includes one studio, three one-bedroom/one-bath apartments, and one two-bedroom/one-bath apartment. Renovation work is approximately 80% complete, with laminate flooring, updated kitchens and bathrooms, in-unit washers and dryers, and energy-efficient mini-split heating and cooling systems. The front and rear second-floor apartments each have a private deck.

All apartments are fully electric and separately metered, supporting straightforward utility allocation. An accessory parking space is located on-site. The property is offered strictly as-is; the seller will not complete repairs or provide city certification. Buyers are responsible for confirming zoning and securing any required approvals or modifications.

Key Highlights

  • Five‑unit configuration with one studio, three one‑bedroom/one‑bath units, and one two‑bedroom/one‑bath unit
  • More than 5,000 square feet; built in 1890
  • Renovation project approximately 80% complete

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Accounting Firm Bakery Travel Agency

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

Location Intelligence

Trade Area within ½ mile

1,832
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Varied unit layouts include private decks, modern kitchens, and individually metered electric systems.
Where is this apartment building located?
The property is located at 5331 WAYNE AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Five‑unit configuration with one studio, three one‑bedroom/one‑bath units, and one two‑bedroom/one‑bath unit; More than 5,000 square feet; built in 1890; Renovation project approximately 80% complete
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message