Zoning-approved multifamily development opportunity in Philadelphia’s popular Wayne Junction neighborhood. This value-engineered proposed development features 5 floors of wood frame construction with 21 units throughout ±22,593 SF with ground floor commercial space, fitness center and green roof terrace atop the building showcasing sensational views of the Philly skyline. This boutique, elevator building will feature sixteen (16) 1bd x 1ba apartments and four (4) 2bd x 2ba apartments. This prominent corner site benefits from 49’ of frontage—ownership worked diligently to assemble the three (3) contiguous lots that make up roughly ±4,546 SF or prime urban land. Easy access to Wayne Junction, Germantown + Mount Airy amenities, breweries, shops and restaurants, as well as Wayne Junction Septa (regional rail). Purchase this approved real estate in a Top-10 USA MSA today and plant your company’s flag in PHL. Enquire within for PPP (pro forma, permits, plans). 10 year tax abatement-eligible. Pay taxes on assessed land value for 10 years rather than the improvements (21 unit building). This area is poised for above-average rent growth and appreciation and is surrounded by progressive new development in every direction. Make your move.
Property Details
Property Features
Listing Office:
Office Name: Keller Williams Liberty Place
Office Phone: (609) 399-5454
Listing Agent: Ryan J McManus
Exterior Features
Exterior Information:
View: City
Lot Features
Lot Information:
Lot: Corner Lot
Lot Size: 0.10 Acres
Other
Directions Information:
Directions: NE CORNER OF WAYNE & SEYMOUR
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $699,999
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Housing Market Comparison
See how this home compares to others in Philadelphia, PA.
This property is $434.6K more than the Median Sold Price in Philadelphia, PA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #PAPH2418968
Listing Office:
Office Name: Keller Williams Liberty Place
Office Phone: (609) 399-5454
Listing Agent: Ryan J McManus
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
John B. Kelly Elementary School
5116 Pulaski Ave
Distance between this listing and this school0.30 miles
Public District Grades KG-5
4
/10
Mastery Charter School John Wister Elementary School
67 E Bringhurst St
Distance between this listing and this school0.58 miles
Public Charter Grades KG-5
3
/10
James Logan Elementary School
1700 Lindley Ave
Distance between this listing and this school0.88 miles
Public District Grades KG-5
Nearby Schools
4
/10
Fitler Academics Plus
140 W Seymour St
Distance between this listing and this school0.08 miles
Public District Grades KG-8
3
/10
Edward T. Steel School
4301 Wayne Ave
Distance between this listing and this school0.68 miles
Public District Grades KG-8
5
/10
Wissahickon Charter School
4700 Wissahickon Ave # G
Distance between this listing and this school0.68 miles
Public Charter Grades KG-8
Nearby Schools
3
/10
Mastery Charter School-Pickett Campus
5700 Wayne Ave
Distance between this listing and this school0.88 miles
Public Charter Grades 6-12
3
/10
Mastery Charter School at Gratz
1798 W Hunting Park Ave
Distance between this listing and this school0.95 miles
Public Charter Grades 7-12
9
/10
Central High School
1700 W Olney Ave
Distance between this listing and this school1.23 miles
The neighbors living near this home have an average income of $35,405. The most common annual income of people living in Philadelphia, PA is less than $35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4949 Wayne Ave
What is the listing price of this property?
The listing price of 4949 Wayne Ave property is $699,999.
What type of property is this?
The property 4949 Wayne Ave is land located in Philadelphia, Pennsylvania, 19144.
Is this property for sale now?
Active Listing: 4949 Wayne Ave is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 4949 Wayne Ave in Philadelphia, PA and zip code 19144 in the Germantown / Chestnut Hill neighborhood. This home sits on a 0.10 acre lot. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $699,999.
In November 2024 more than 219 listings in Philadelphia, PA were sold above the asking price. During the same period more than 204 listings were sold at asking price, while more than 523 were sold below. The inventory of homes for sale in Philadelphia, PA between October 2024 and November 2024 increased by 1.8%. Listings spent 45 days on the market in November 2024, and had a median list price of $265,372 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. 
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