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5214 Wayne Ave
For Sale $425,000
$425,000
- 5 Units
- Unknown Sq Ft
- 22,000 Sq Ft
- Unknown Cap Rate
Description
5214 Wayne Avenue | Philadelphia, PA 19144
Legal 5-Unit Multifamily | West Germantown | Priced to Sell | 1031 Exchange Opportunity
Exceptional investment opportunity in one of Northwest Philadelphia’s most active growth corridors! 5214 Wayne Avenue is a fully leased, low-maintenance legal 5-unit multifamily property offering both immediate income and long-term development upside.
Sitting on nearly 22,000 sq ft of land with a 5,100 sq ft building footprint, the property utilizes less than 25% of its lot—ideal for expansion, additional units, or creative value-add projects. Current monthly gross income $4,658 (average $856 per unit) leaves room to raise rents or reconfigure layouts to meet demand.
Located just off Chelten & Wayne Avenues near the growing Mt. Airy and East Falls borders, residents enjoy walkable access to transit, shops, cafés, and Wissahickon Valley Park. Minutes to Wayne Junction Station and major routes.
Highlights:
Owner Retiring – Priced to Sell
1031 Exchange Ready – Immediate Tax Savings
Fully Leased, Well Maintained for 20+ Year
2025 Lead Safety Certification for all unit
No L & I Violations
Massive 22,000 SF Lot / Development Potential
High-Demand West Germantown Location
Turnkey cash flow today, with significant upside for the next investor or developer.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $425,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1900 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 123217800 |
| MLS # | PAPH2554390 |
| Property ID | 322335738 |
| Lot Sqft | 22,000 |
| Zoning | RTA1 |
| Total Units | 5 |
| Days on Market | 104 |
| Original List Price | Unknown |
| Date Updated | February 10, 2026 |
| Date Created | November 06, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $55,620 | $0 |
| Operating Expenses | $ 55,620 |
Listing Provided By
Lisa Yvette Risco an agent of Keller Williams Main Line. Lic #RM426248
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Information Deemed Reliable But Not Guaranteed
Data last updated: February 18, 2026.
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Robert Crawford
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