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Modern Apartment Building
For Lease
$1,295/Mo

5521 WAYNE AVENUE #507, Philadelphia, PA 19144

Six-story, 50-unit apartment community offering on-site amenities including a fitness center and rooftop deck.

Space SizeContact for details
Days on Market108

Property Features for 5521 WAYNE AVENUE #507

General Information

Standard status Active
Property subtype Apartment

Site & Location

Neighborhood Northwest Philadelphia
Highway Access Yes

Additional Details

Multifamily Units 50

Amenities

fitness center
rooftop deck
resident lounge

Building Details

Year Built 2025
Stories 6
Listing Agency: JBMP Group
Listed By: Maria A. Pacitti · License #RM423811
Source: Cummingsrealtors
Added: Jul 16 Changed: Oct 31 Last Checked: Oct 30 at 4:40PM

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 JBMP Group

Rey
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Investment Insights

Based on property information with market context.

The Grove is a six-story, 50-unit apartment community at 5521 Wayne Avenue. The property includes amenities such as a fitness center, rooftop deck, and resident lounge.

Conveniently located near Chelten Avenue SEPTA Station, Germantown Avenue, and I-76, The Grove provides straightforward access to Center City and surrounding local amenities.

The listing represents an apartment unit within the community and is positioned to serve residents looking for a modern, amenity-forward setting.

Key Highlights

  • Year built 2025: six‑story apartment community
  • 50‑unit community at 5521 Wayne Avenue
  • On‑site fitness center for residents

Property Analytics

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Lease Details

50
Residential units
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,765
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Six-story, 50-unit apartment community offering on-site amenities including a fitness center and rooftop deck.
Where is this apartment building located?
The property is located at 5521 WAYNE AVENUE #507 Philadelphia, PA.
What is the lease rate?
The lease rate is $1,295/Mo.
What are key features of this property?
This property features: Year built 2025: six‑story apartment community; 50‑unit community at 5521 Wayne Avenue; On‑site fitness center for residents
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