# 5023 GERMANTOWN Avenue, Philadelphia, PA 19144

> **TL;DR:** land, $199,000. Est. $1,064/mo. Listed 85 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $199,000 |
| Lot Size | 1,799 sqft (0.04 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 85 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,006 |
| Estimated Insurance | $58 |
| **Total** | **$1,064** |

## Property Highlights

- 0.04 acre lot

## Description

### Agent 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.

## Location

- **Address:** 5023 GERMANTOWN Avenue, Philadelphia, PA 19144
- **County:** PHILADELPHIA
- **Neighborhood:** GERMANTOWN (EAST)
- **Coordinates:** 40.02988815, -75.16434479
- **Google Maps:** https://www.google.com/maps?q=40.02988815,-75.16434479

## Listing Agent

- **Name:** Najada Alexandra Merdani
- **Brokerage:** Keller Williams Realty
- **Phone:** 2675775330

## Primary Photo

![5023 GERMANTOWN Avenue - Primary Photo](http://lh.rdcpix.com/9268ff5f2c609d70924697e286222bc4l-f1612426002r.jpg)

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**MLS#:** PAPH2605882 | **Updated:** 2026-08-02
**Source:** listhub

*Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/5023-germantown-avenue-philadelphia-pa-19144-h2605882)

---

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