Build your vision on this rare development opportunity in the heart of Philadelphia. Located at 5112 Wakefield St in the Germantown section, this offering includes two side-by-side vacant lots, each measuring 25x50, with 2,625 square feet per lot for a total of 5,250 square feet. The land is flat, industrial, and currently vacant, providing a clean slate for development without the need for demolition or extensive site work. Zoned residential (R), the property presents strong upside potential, with plans to pursue a zoning change that would allow for the construction of two triplexes—creating a six-unit residential complex. This setup offers an excellent opportunity for investors and developers looking to maximize density and returns in a growing Philadelphia neighborhood. With its straightforward lot configuration and development potential, this property is well-suited for a multi-unit residential project designed to meet increasing housing demand. Conveniently located near public transportation, neighborhood amenities, and major roadways, this site combines accessibility with long-term investment potential. Bring your plans and capitalize on the opportunity to develop a six-unit property in one of Philadelphia’s established and evolving communities.
Lot/land
$85,000
5116-18 Wakefield St, Philadelphia, PA 19144
--beds
--baths
5,250Square Feet
Unimproved Land
Built in ----
5,250 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Currently vacantTwo side-by-side vacant lots
- 27 days
- 113
- 8
Zillow last checked:
Listing updated:
Listed by:
Marvis Burns 267-368-7260,
BMB Living, Inc. 2674632428,
Listing Team: Rent Scene
Source: Bright MLS,MLS#: PAPH2657436
Facts & features
Property
Lot
- Size: 5,250 Square Feet
Details
- Parcel number: 885642980
- Zoning: 0
- Special conditions: Standard
Utilities & green energy
- Sewer: No Septic Approved, On Site Septic
- Water: Public
Community & HOA
Community
- Subdivision: Germantown
HOA
- Has HOA: No
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Tax assessed value: $81,100
- Annual tax amount: $1,135
- Date on market: 8/7/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2026 | Listed for sale | $85,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: Wister
Nearby schools
Schools provided by the listing agent
- District: The School District Of Philadelphia
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




