5116-18 WAKEFIELD ST, Philadelphia, PA 19144

Property Description

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.

Listing Status:

Active

Data Last Updated:

May 2, 2026 at 11:16PM

Listing Office:

BMB Living, Inc. : 2674632428

Listing Agent:

Marvis Burns : 2673687260

MLS ID:

PAPH2593402

Location

• Originating MLS: BRIGHT_MAIN
• School District: THE SCHOOL DISTRICT OF PHILADELPHIA
• County: PHILADELPHIA-PA

Lot

• Zoning: RSA-5776285000
• Current Use: Vacant

Utilities

• Water: Public
• Sewer: No Septic ApprovedOn Site Septic

Financial

• Source: BRIGHT_MAIN