About 5302 Wayne Ave
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.
Features of 5302 Wayne Ave
| MLS® # | PAPH2613416 |
|---|---|
| Price | $450,000 |
| Bathrooms | 0.00 |
| Square Footage | 3,291 |
| Acres | 0.06 |
| Year Built | 1890 |
| Type | Multi-Family |
| Sub-Type | Other,End of Row/Townhouse |
| Style | Other |
| Status | Active |
Community Information
| Address | 5302 Wayne Ave |
|---|---|
| Area | 19144 |
| Subdivision | GERMANTOWN (WEST) |
| City | PHILADELPHIA |
| County | PHILADELPHIA-PA |
| State | PA |
| Municipality | PHILADELPHIA |
| Zip Code | 19144 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Baseboard - Electric |
|---|---|
| Cooling | Window Unit(s) |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 3 |
Exterior
| Exterior | Masonry |
|---|---|
| Construction | Masonry |
| Foundation | Other |
School Information
| District | PHILADELPHIA CITY |
|---|
Additional Information
| Date Listed | April 28th, 2026 |
|---|---|
| Days on Market | 107 |
| Zoning | RTA1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Compass Pennsylvania, LLC |
|---|