Property photo 1

$85,000

5116-18 WAKEFIELD STREET, PHILADELPHIA PA, 19144

Price per sqft$16.19
Lot size0.12 Acres
Property typeLand

Overview

Active

Active-bright

Listed Aug 7, 2026

Updated 7 days ago

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.

Additional information

MLS® ID
PAPH2657436

Exterior Features

Lot Size
0.12 Acres

Other Property Details

Taxes
$1,135
Tax Frequency
Annually
MLS provider logo

Listed by BMB Living, Inc.
Listing Contact: 2673687260 

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Data last updated on 10/2/2026 at 12:34 AM UTC

 

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