5116-18 Wakefield St, Philadelphia, PA 19144

Philadelphia
Local realty services provided by:ERA Martin Associates
5116-18 Wakefield St,Philadelphia, PA 19144
$85,000
  • 0.12 Acres
  • Lots / Land
  • Active
Listed by: marvis burns
Office: bmb living, inc.
MLS#:PAPH2624778
Source:BRIGHTMLS

Price summary

  • Price:$85,000

About this home

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...

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Home facts

  • Subdivision & Development:GERMANTOWN
  • Listing ID #:PAPH2624778
  • Added:77 day(s) ago
  • Updated:August 07, 2026 at 01:30 PM

Structure and exterior

  • Lot area:0.12 Acres

Utilities

  • Water:Public
  • Sewer:No Septic Approved, On Site Septic

Finances and disclosures

  • Price:$85,000
  • Tax amount:$1,135 (2026)

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