Select Commercial Advisors is pleased to present the opportunity to acquire and develop a multifamily residential 4-story elevator-serviced building with a green roof featuring +/- 34,500 square feet across 48 apartment units. The project will be delivered with a fully approved set of zoning and building permits. The site received the full 10-year Tax Abatement in 2021, meaning that the value of improvements is 100% abated for 10 years after construction. With expertly value-engineered plans, the project offers attractive unit layouts in a cost-effective design. As the Germantown/Wayne-Junction rental real estate market flourishes, take advantage of an entitled development opportunity in one of the city’s most dynamic neighborhoods! Broker of record has financial interest. Inquire for detailed offering memorandum and permit set.
Sold for $1,050,000
$1,050,000
5139 Wayne Ave, Philadelphia, PA 19144
--beds
--baths
0.29Acres
Unimproved Land
Built in ----
0.29 Acres Lot
$634,000 Zestimate®
$--/sqft
$1,775 Estimated rent
Home value
$634,000
$450,000 - $824,000
$1,775/mo
Zestimate® history
Owner options
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$1,775/mo
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$1,775/mo
Rent Zestimate®
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$6,385/mo
Est. payment
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$6,385/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Samantha Miller 215-315-3326,
Select Commercial Advisors
Bought with:
Roman Ovrutsky, RS325249
eRealty Advisors, Inc
Source: Bright MLS,MLS#: PAPH2418608
Facts & features
Property
Lot
- Size: 0.29 Acres
- Dimensions: 70.00 x 175.00
Details
- Parcel number: 123215100
- Zoning: RM1
- Zoning description: Fully entitled for 48 residential units
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 2/4/2026 | Listing removed | $950 |
Source: Zillow Rentals Report a problem | ||
| 2/2/2026 | Listed for rent | $950 |
Source: Zillow Rentals Report a problem | ||
| 12/30/2024 | Sold | $1,050,000-4.1% |
Source:  Bright MLS #PAPH2418608 Report a problem | ||
| 11/27/2024 | Pending sale | $1,095,000 |
Source: Bright MLS #PAPH2418608 Report a problem | ||
| 11/12/2024 | Listed for sale | $1,095,000+28.8% |
Source: Bright MLS #PAPH2418608 Report a problem | ||
| 11/1/2022 | Sold | $850,000-29.2% |
Source: Public Record Report a problem | ||
| 5/7/2022 | Listing removed | -- |
Source: Bright MLS #PAPH2098676 Report a problem | ||
| 4/18/2022 | Price change | $1,200,000+21.8% |
Source: Bright MLS #PAPH2098676 Report a problem | ||
| 3/30/2022 | Price change | $985,000-10.5% |
Source: Bright MLS #PAPH2098676 Report a problem | ||
| 3/22/2022 | Listed for sale | $1,100,000 |
Source: Bright MLS #PAPH2095116 Report a problem | ||
| 12/10/2021 | Listing removed | $1,100,000 |
Source: Bright MLS #PAPH2038338 Report a problem | ||
| 10/25/2021 | Listed for sale | $1,100,000-8.3% |
Source: Bright MLS #PAPH2038338 Report a problem | ||
| 11/20/2020 | Listing removed | $1,200,000 |
Source: KW Philly South #PAPH923726 Report a problem | ||
| 8/7/2020 | Listed for sale | $1,200,000+300% |
Source: Keller Williams Philly #PAPH923136 Report a problem | ||
| 3/24/2020 | Sold | $300,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,319 +14.3% | $94,200 +14.3% |
| 2024 | $1,153 | $82,400 |
| 2023 | $1,153 -53.4% | $82,400 |
| 2022 | $2,478 | -- |
| 2021 | $2,478 -4.2% | -- |
| 2018 | $2,587 +27.6% | -- |
| 2017 | $2,027 -11.1% | -- |
| 2016 | $2,280 | -- |
| 2015 | $2,280 | -- |
| 2014 | $2,280 +18.5% | $173,600 +681.7% |
| 2012 | $1,924 | $22,208 |
| 2011 | -- | $22,208 |
| 2010 | -- | $22,208 |
| 2009 | -- | $22,208 |
| 2008 | -- | $22,208 |
| 2007 | -- | $22,208 |
| 2006 | -- | $22,208 |
| 2005 | -- | $22,208 |
| 2004 | -- | $22,208 +10% |
| 2003 | -- | $20,192 +7.3% |
| 2002 | -- | $18,816 |
| 2000 | -- | $18,816 |
| 1999 | -- | $18,816 |
Find assessor info on the county website
Neighborhood: Germantown Southwest
Nearby schools
GreatSchools rating
- 4/10Kelly John B SchoolGrades: K-5Distance: 0.2 mi
- 3/10Fitler Academics PlusGrades: K-8Distance: 0.2 mi
- 1/10King Martin Luther High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- District: Philadelphia City
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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