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.
For sale
$450,000
5302 Wayne Ave, Philadelphia, PA 19144
5beds
--baths
3,291sqft
Townhouse
Built in 1890
-- sqft lot
$441,400 Zestimate®
$137/sqft
$-- HOA
What's special
Converted victorian grand homeBright unitsPartial updatesThree floors
- 122 days |
- 93 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
David Feldman 215-370-6043,
Compass RE 2674358015,
Listing Team: The Matt Aragona Group, Co-Listing Team: The Matt Aragona Group,Co-Listing Agent: Matthew J Aragona 610-745-3211,
Compass RE
Source: Bright MLS,MLS#: PAPH2613416
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
Basement
- Area: 0
Heating
- Baseboard, Electric
Cooling
- Window Unit(s), Electric
Appliances
- Included: Electric Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 3,291
- Total interior livable area: 3,291 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 2,782 Square Feet
- Dimensions: 26.00 x 107.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 871518640
- Zoning: RTA1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Townhouse
Materials
- Masonry
- Foundation: Other
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Germantown (west)
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $137/sqft
- Tax assessed value: $171,900
- Annual tax amount: $2,406
- Date on market: 4/28/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
- Total actual rent: 64200
Estimated market value
$441,400
$419,000 - $463,000
$1,814/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/28/2026 | Listed for sale | $450,000-26.2%$137/sqft |
Source:  Bright MLS #PAPH2613416 Report a problem | ||
| 10/13/2023 | Listing removed | -- |
Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS Report a problem | ||
| 6/13/2023 | Price change | $610,000-5.4%$185/sqft |
Source: Bright MLS #PAPH2180190 Report a problem | ||
| 4/26/2023 | Price change | $645,000-2.3%$196/sqft |
Source: Bright MLS #PAPH2180190 Report a problem | ||
| 3/7/2023 | Price change | $660,000-2.2%$201/sqft |
Source: Bright MLS #PAPH2180190 Report a problem | ||
| 1/10/2023 | Price change | $675,000-3.6%$205/sqft |
Source: Bright MLS #PAPH2180190 Report a problem | ||
| 11/17/2022 | Listed for sale | $700,000+154.5%$213/sqft |
Source: Bright MLS #PAPH2180190 Report a problem | ||
| 10/22/2022 | Listed for rent | $1,295 |
Source: Zillow Rental Manager Report a problem | ||
| 12/24/2019 | Sold | $275,000-8.3%$84/sqft |
Source: Public Record Report a problem | ||
| 9/27/2019 | Listed for sale | $299,900+253.2%$91/sqft |
Source: USRealty.com LLP #PAPH837430 Report a problem | ||
| 10/29/2010 | Listing removed | $84,900$26/sqft |
Source: Connor and Connor REO #5717156 Report a problem | ||
| 9/2/2010 | Price change | $84,900-14.2%$26/sqft |
Source: Connor and Connor REO #5717156 Report a problem | ||
| 5/29/2010 | Listed for sale | $99,000+336.1%$30/sqft |
Source: Connor and Connor REO #5717156 Report a problem | ||
| 3/9/2010 | Sold | $22,700-56.3%$7/sqft |
Source: Public Record Report a problem | ||
| 8/26/1999 | Sold | $52,000$16/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,406 +40.2% | $171,900 +40.2% |
| 2024 | $1,716 | $122,600 |
| 2023 | $1,716 -21.1% | $122,600 |
| 2022 | $2,174 | -- |
| 2021 | $2,174 +1% | -- |
| 2018 | $2,153 | -- |
| 2017 | $2,153 +2.9% | -- |
| 2016 | $2,091 +19.5% | -- |
| 2015 | $1,750 | -- |
| 2014 | $1,750 | $125,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Germantown Westside
Nearby schools
GreatSchools rating
- 4/10Kelly John B SchoolGrades: K-5Distance: 0.2 mi
- 3/10Fitler Academics PlusGrades: K-8Distance: 0.4 mi
- 1/10King Martin Luther High SchoolGrades: 9-12Distance: 2 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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