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$285,000
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Property Description
Investor Alert - Prime legally zoned with active rental licenses Triplex in Germantown with Value-Add Potential! Welcome to 4600 Wayne Avenue, a well-maintained triplex nestled in the heart of historic Germantown, Philadelphia. This income-generating property offers immediate cash flow and significant upside for savvy investors or owner-occupants. The building sits on an exceptionally large lot for the neighborhood. The spacious first-floor unit features exclusive access to a full basement, perfect for additional storage or future expansion. A detached garage and off-street parking add convenience and appeal for tenants-rare finds in this neighborhood. Current monthly gross rent is $3,195, with Unit 1, a 2-bedroom renting for $1,210, Unit 2, a 1-bedroom for $1,005, and Unit 3, a 2-bedroom for $980. All units are certified lead safe, and the property has been attentively maintained, ensuring minimal headaches for the next owner. With some strategic updates, there's excellent potential to increase rents and overall value. Whether you're looking to expand your portfolio or house hack, this is an opportunity you won't want to miss. Owner is a licensed Realtor.
Full Property Details
Full Property Details for 4600 Wayne Ave
General
- Sold For: $285,000
- Taxes: $4,260 (2024)
- Status: Closed
- Type: Triplex
- Source: BrightMLSPhilly
- MLS ID: PAPH2481306
- Added to Site: 250 day(s) ago
Interior
- Appliances: Stove, Refrigerator, Microwave, Washer, Dryer
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 3
- Parking Type: Detached Garage, Off Street
- Garage Description: Covered Parking
Location
- Area: 19144 (19144)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Driving Directions: gps
School Information
- School District: Philadelphia City
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Electric, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Structure Type: Twin/Semi-Detached
- Construction: Masonry
- Foundation: Stone
- Stories/Levels: 0
- Square Feet: 3,258
- Sq. Ft. Source: Assessor
- Living Area: 3,258 Sq. Ft.
- Finished Above Grnd: 3,258 Sq. Ft.
- Year Built: 1940
- Year Built Source: Assessor
Unit Information
- Other Units: Unit 1, Unit 2, Unit 3
- 1 Bedroom Units: 1
- 2 Bedroom Units: 2
Unit 1
- Unit Description: Unit 1
- Bedrooms: 2
Unit 2
- Unit Description: Unit 2
- Bedrooms: 1
Unit 3
- Unit Description: Unit 3
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 5,960
- Lot Size Source: Assessor
- Lot Dimensions: 36.00 x 165.00
- Zoning: RTA1
Financial Considerations
- Price Per Sq. Ft.: $99.75
- Assessment Year: 2025
- School Tax: $2,386
- City/TownTax: $1,874
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $304,400
- Tax Amount: $4,260
- Tax Year: 2024
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 3258
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 20
Listed by KW Empower, Eric Land
Sold by KW Empower, Kimberly Cassidy
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Schools
Schools serving 4600 Wayne Ave
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Kelly John B School 5116 Pulaski Avenue, Philadelphia, PA 19144 | K-5 | 0.5 mi |
King Martin Luther High School 6100 Stenton Avenue, Philadelphia, PA 19138 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4600 Wayne Ave
Date
Details
Price
Change
Source
10/20/2025
Sold
$285,000
-12.31%
MLS
7/08/2025
Price Reduced
$325,000
-7.14%
MLS
5/12/2025
Listed
$350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4600 Wayne Avenue, Philadelphia, PA 19144 (MLS# PAPH2481306) is a Triplex property that was sold at $285,000 on October 20, 2025. Want to learn more about 4600 Wayne Avenue? Do you have questions about finding other Triplex real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

