Skip main navigation
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

    Two side-by-side vacant lots
    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.
    54 days
    |
    27
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Marvis Burns 267-368-7260,

    BMB Living, Inc. 2674632428,

    Listing Team: Rent Scene

    Source: Bright MLS,MLS#: PAPH2624778MLS Logo

      Facts & features

      Property

      Lot
      • Size: 5,250 Square Feet
      Details
      • Parcel number: 885642980
      • Zoning: RSA-5
      • 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: 5/21/2026
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/21/2026Listed for sale$85,000
        Source: Bright MLS #PAPH2624778 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Wister

        Getting around

        83 / 100
        Very Walkable
        64 / 100
        Good Transit
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes