5302 Wayne Ave, Philadelphia, PA 19144

Philadelphia
Local realty services provided by:Better Homes and Gardens Real Estate Cassidon Realty
5302 Wayne Ave,Philadelphia, PA 19144
$450,000
  • 4 Beds
  • - Baths
  • 3,291 sq. ft.
  • Multi-family
  • Active
Listed by: david w feldman, matthew j aragona
Office: compass pennsylvania, llc.
MLS#:PAPH2613416
Source:BRIGHTMLS

Price summary

  • Price:$450,000
  • Price per sq. ft.:$136.74

About this home

Fantastic value add investment opportunity in the heart of West Germantown, close to Chelten Avenue corridor and Wayne Junction, with extensive transit access. Steadily growing commercial corridor with tremendous upside opportunity. Currently ready to deliver vacant, was recently rented with total annual rental income of $90,000, approximately 15% CAP RATE Includes two storefronts, most recently used as office space in one ($1200), and ice cream store ($950) in the other. Four residential units with partial updates including (with last rents) one 2 bedroom ($2100), two1 bedroom units ($1900 and $750) and one efficiency ($600). All electric heating and hot water, separately metered. Bright units with north, south and east exposures across three floors in converted Victorian grand home. Most recent rentals had city rental licenses.

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Home facts

  • Year built:1890
  • Listing ID #:PAPH2613416
  • Added:48 day(s) ago
  • Updated:June 16, 2026 at 01:39 PM

Rooms and interior

  • Bedrooms:4
  • Living area:3,291 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Baseboard - Electric, Electric

Structure and exterior

  • Year built:1890
  • Building area:3,291 sq. ft.
  • Lot area:0.06 Acres
  • Construction Materials:Masonry

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$450,000
  • Price per sq. ft.:$136.74
  • Tax amount:$2,406 (2025)

Parking

  • Parking description:On Street

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