$199,000
 $1,068 est/mo Sourced by Back At You

5023 Germantown Ave,PHILADELPHIA, PA 19144

PHILADELPHIA, PA 19144

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Description

Exceptional investment and development opportunity in one of Philadelphia's steadily appreciating corridors. 5023 Germantown Ave is a vacant parcel zoned CMX-2, offering significant flexibility for mixed-use, multifamily, or commercial development. Preliminary plans for a six-unit building are available, with potential zoning bonuses that may allow for increased density-providing an opportunity to maximize returns and overall project value. Strategically located along a high-visibility, high-traffic corridor, the property benefits from strong foot and vehicle exposure, making it well-suited for both residential and commercial end uses. Easy access to public transportation, major thoroughfares, and a dense mix of neighborhood amenities further enhances its long-term investment appeal. Ideal for developers and investors seeking to capitalize on continued growth and demand in the Germantown submarket. Buyer responsible for independent verification of zoning and development potential.

Details

MLS #PAPH2605882
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Days On Site188
Listing Provided ByKeller Williams Realty | Najada Alexandra Merdani

Features

ZoningCMX25
Acreage0.04

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount1289

Area Information

StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19144
Area19144 (19144)
Community NameGERMANTOWN (EAST)
School DistrictPHILADELPHIA CITY
Listing VS Median (in GERMANTOWN (EAST))
Price:
$199,000
low | high
Med:
$145,000
77.13567839196% of Average
On site:
188
low | high
Med:
233
80.68669527897% of Average
Sourced by Back At You

Market Activity 19144

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Contact

Learn More About This Property

Melanie Rush

Melanie Rush

Class Harlan Real Estate

RS366007ABR, RENE, SRS (267) 987-3235melanie@classharlan.com
StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19144
Area19144 (19144)
Community NameGERMANTOWN (EAST)
School DistrictPHILADELPHIA CITY
Listing VS Median (in GERMANTOWN (EAST))
Price:
$199,000
low | high
Med:
$145,000
77.13567839196% of Average
On site:
188
low | high
Med:
233
80.68669527897% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $149K - $248K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
56 E SEYMOUR ST Property Photo 1
$160,000
56 E Seymour St
Philadelphia, PA 19144
Listing Updated: October 12, 2026 at 8:28:37 PM PDT