# 5302 WAYNE Avenue, PHILADELPHIA, PA 19144

> **TL;DR:** residential multi family, $450,000 ($137/sqft), built 1890, 3,291 sqft.
> A/C. Est. $1,950/mo. Listed 2 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $450,000 |
| Price/sqft | $137 |
| Square Feet | 3,291 |
| Year Built | 1890 |
| Lot Size | 2,783 sqft (0.06 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 2 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,950 |
| **Total** | **$1,950** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1890
- 0.06 acre lot

## Description

### Agent Description
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 at over 10% CAP rate. Includes two storefronts, most recently used as office space in one, and ice cream store in the other. Four residential units with partial updates including one 2 bedroom, two1 bedroom units and one efficiency. Bright units with north, south and east exposures across three floors in converted Victorian grand home. -Annual rent of $64,200 is only for residential rent, so CAP rate is higher with storefront rental.

## Location

- **Address:** 5302 WAYNE Avenue, PHILADELPHIA, PA 19144
- **County:** PHILADELPHIA
- **Neighborhood:** GERMANTOWN (WEST)
- **Coordinates:** 40.02795029, -75.17288971
- **Google Maps:** https://www.google.com/maps?q=40.02795029,-75.17288971

## Listing Agent

- **Name:** Matthew J Aragona
- **Brokerage:** Compass Pennsylvania, LLC
- **Phone:** 6107453211
- **Email:** matt.aragona@compass.com

## Primary Photo

![5302 WAYNE Avenue - Primary Photo](http://lh.rdcpix.com/de8635ef09a27311d629d23c8a0cebb3l-f3694896639r.jpg)

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**MLS#:** PAPH2613416 | **Updated:** 2026-05-01
**Source:** listhub

*Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/5302-wayne-avenue-philadelphia-pa-19144-h2613416)

---

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