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$580,000 Coming Soon
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Property Description
5201 Wakefield Street is a mixed-use investment property located in the Germantown neighborhood of Philadelphia. This asset represents a distinctive investment opportunity within Germantown's rapidly developing corridor. The five-unit property includes five well-designed residential apartments and a main-level commercial space suitable for various professional uses, presenting significant value-add potential. The three-story building features five residential units and one commercial unit, supporting multiple income streams. Amenities for residents include a dedicated laundry area equipped with coin-operated machines. The property spans 4,976 square feet on a 5,545-square-foot lot and comprises a total of 10 bedrooms and 4 bathrooms, accommodating diverse rental requirements. Benefits from a prime location near public transportation, retail options, and community resources, enhancing its appeal to prospective investors. Additional features include a camera security system and off-street parking. Investors have the opportunity to execute a value-add strategy by upgrading the units, leasing at market rates, and utilizing the flexible commercial space, all within one of Philadelphia's most dynamic redevelopment districts. Its prominent corner position ensures excellent visibility and ample natural light for residential units. The property is being offered as-is.
Full Property Details
Full Property Details for 5201 Wakefield St
General
- Price: $580,000
- Taxes: $4,300 (2025)
- Status: Coming Soon
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PAPH2584732
- Updated: 2/25/2026
- Added to Site: 2 day(s) ago
- Expected Market Date: 2/26/2026
Business
- Business Type: Apartment Building, Other/General Retail, Profession
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Exterior Cameras, Smoke Detector
Parking
- Total Spaces: 7
- Parking Features: Public, Private
- Parking Type: Driveway, Other
Location
- Area: 19144 (19144)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Cross Streets: E Ashmead Street
- Driving Directions: Between E Ashmead and Bringhurst Streeet
Heating & Cooling
- Cooling Type: None
- Heating Type: None
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Ceiling Height: 10' to 12'
- Building Size: 5545
- Year Built: 1915
- Year Built Source: Estimated
- Property Condition: Good, Average, Very Good
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,545
- Lot Size Source: Estimated
- Zoning: RM1
- Lot Description: SideYard(s)
Financial Considerations
- Price Per Sq. Ft.: $104.6
- School Tax: $2,408
- Tax w/Assessment: $307,200
- Tax Amount: $4,300
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenants personal items
- Lot Number: 30
Listed by Keller Williams Main Line, Janell T Carter
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Schools
Schools serving 5201 Wakefield St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Roosevelt Theodore Middle School 430 East Washington Lane, Philadelphia, PA 19144 | 6-8 | 1.2 mi |
King Martin Luther High School 6100 Stenton Avenue, Philadelphia, PA 19138 | 9-12 | 1.6 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 5201 Wakefield St
Date
Details
Price
Change
Source
2/23/2026
Listed
$580,000
510.53%
MLS
7/19/2013
Sold
$95,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5201 Wakefield St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,900
—
$307,200
—
2024
$2,900
18%
$307,200
20%
2023
$2,462
-33%
$255,900
100%
2021
$3,679
49%
-100%
2023
$2,462
-43%
$210,900
-31%
2020
$4,309
1%
$307,800
1%
2019
$4,267
3%
$304,800
3%
2018
$4,143
12%
$296,000
12%
2017
$3,690
—
$263,600
—
2016
$3,690
4%
$263,600
—
2015
$3,532
—
$263,600
—
2014
$3,532
334%
$263,600
3068%
2013
$813
—
$8,320
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5201 Wakefield St
5201 Wakefield Street, Philadelphia, PA 19144 (MLS# PAPH2584732) is a Apartment property. 5201 Wakefield Street is currently listed for $580,000 and was received on February 23, 2026. Want to learn more about 5201 Wakefield Street? Do you have questions about finding other Apartment real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

