5027 Germantown Ave Philadelphia, PA 19144
East Germantown NeighborhoodEstimated payment $2,281/month
About This Home
*Motivated seller!! Don’t miss this incredible investment opportunity in the heart of Germantown! 5027 Germantown Ave is a legally zoned, mixed-use triplex featuring strong income potential and flexible occupancy options. The ground floor is home to a well-established barbershop on a 2-year lease at $1,400/month. The third-floor unit, formerly rented at $1,750/month, is currently vacant and ready for a new tenant or owner-occupant. The spacious second-floor unit—also delivered vacant—has rental comps as high as $2,300/month, making this an ideal value-add opportunity for savvy investors or business owners seeking rental income and visibility on a prime corridor. Steps from transit, shopping, and Germantown’s growing commercial district.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,179
Year Built
- Built in 1940
Lot Details
- 2,120 Sq Ft Lot
- Lot Dimensions are 17.00 x 125.00
Parking
- On-Street Parking
Home Design
- 3,279 Sq Ft Home
- Triplex
- Traditional Architecture
- Stone Foundation
- Masonry
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Additional Features
- Unfinished Basement
Listing and Financial Details
- Tax Lot 215
- Assessor Parcel Number 871516890
Community Details
Overview
- 3 Units
Building Details
- 1 Vacant Unit
- Income includes apartment rentals, shop rentals
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,076 | $155,700 | $31,140 | $124,560 |
| 2024 | $2,076 | $155,700 | $31,140 | $124,560 |
| 2023 | $2,076 | $148,300 | $29,660 | $118,640 |
| 2022 | $2,786 | $148,300 | $29,660 | $118,640 |
| 2021 | $2,786 | $0 | $0 | $0 |
| 2020 | $2,786 | $0 | $0 | $0 |
| 2019 | $2,759 | $0 | $0 | $0 |
| 2018 | $2,679 | $0 | $0 | $0 |
| 2017 | $2,356 | $0 | $0 | $0 |
| 2016 | $2,356 | $0 | $0 | $0 |
| 2015 | $2,255 | $0 | $0 | $0 |
| 2014 | -- | $168,300 | $15,891 | $152,409 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/25/2025 08/25/25 | Price Changed | $394,000 | -1.3% | $120 / Sq Ft |
| 07/14/2025 07/14/25 | Price Changed | $399,000 | -2.7% | $122 / Sq Ft |
| 07/08/2025 07/08/25 | Price Changed | $410,000 | -2.4% | $125 / Sq Ft |
| 06/23/2025 06/23/25 | Price Changed | $420,000 | -1.2% | $128 / Sq Ft |
| 06/16/2025 06/16/25 | For Sale | $425,000 | +54.5% | $130 / Sq Ft |
| 04/25/2022 04/25/22 | Sold | $275,000 | -3.5% | $84 / Sq Ft |
| 03/28/2022 03/28/22 | Pending | -- | -- | -- |
| 03/22/2022 03/22/22 | For Sale | $285,000 | -- | $87 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $90,000 | Allstate Abstract Inc | |
| Deed | $21,696 | -- | |
| Deed | $22,272 | -- | |
| Deed | $27,456 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $720,000 | Commercial | |
| Previous Owner | $97,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $90,000 | Commercial |
Source: Bright MLS
MLS Number: PAPH2493400
APN: 871516890
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