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Street View
$199,000
Monthly Est:$990
-- Bed
-- Bath
1,800sqft lot
5023 Germantown Ave, Philadelphia, PA 19144
$199,000
$990/moEst:
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Land
Built in -
$-- HOA
1,800 sqft lot
$111/sq.ft
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.
- Houzeo last checked: 0 minutes ago
- Listing updated: June 19, 2026 at 4:35 pm
- Listing Provided by: Najada Alexandra Merdani (267) 577-5330 | Keller Williams Realty (856) 321-1212
- Source: Bright MLS-NJ | MLS#: PAPH2605882
Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
1,800 sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
PAPH2605882
MLS Status
ACTIVE-BRIGHT
Days on Market
72
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Public Hook/up Avail
Utilities & Energy
Water Source
Public Hook Up Available
Other Features
Subdivision Name
Germantown (east)
Price History
| Date | Event | Price |
|---|---|---|
04/09/2026 Source: | Price Decreased | $199,000 -20.40% $0/sqft |
05/13/2025 Source: | Listed for Sale | $249,999 $0/sqft |
03/29/2025 Source: | Price Change | $250,000 $0/sqft |
03/29/2025 Source: | Off Market | $249,999 +443.48% $0/sqft |
02/22/2018 Source: | Sold | $46,000 $0/sqft |
Germantown Ranks #82 in Philadelphia, PA
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