Movoto Real Estate
Sold on 03/11/2025

200 W Wayne Ave, Wayne, PA 19087

  • $3,252,000

    Last sold 03/11/2025 for $3.39M

  • bed

  • bath

Multi-family not for sale
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About 200 W Wayne Ave

Property type Multi-family
Year built 2017
HOA fee $0/month
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
Stunning multifamily trophy property, ideally located within walking distance to downtown Wayne, Pennsylvania. It’s consists of a total of 7 rental units which includes four single story apartments, one two story townhouse-style apartment, and two rented garages, offering a blend of modern amenities and classic elegance. This property underwent a full renovation in 2017 and was restored to modern living while keeping its historic charm intact. Property Features: - High cash flow property - Four Spacious Flats: Each unit boasts two bedrooms and two bathrooms, providing ample living space and privacy for tenants. - Townhouse apartment: Boasts two stories of luxury living with two bedrooms and 2 and a half bathrooms - Garages and Parking: Two garages are rented separately, and each unit has dedicated on-site parking, adding value and convenience for tenants. - High-End Finishes: All units feature beautiful hardwood floors, extensive wood trim work, and stainless steel appliances, creating a luxurious living environment. - In-Unit Laundry: Enjoy the convenience of a washer and dryer in each unit. - Maintenance-Free and Self-Sufficient: This property is low maintenance with tenants responsible for all utilities, ensuring a hassle-free investment. Additional Highlights: - Fantastic Location: Nestled in the heart of Wayne, this property is walking distance to downtown, offering easy access to shops, restaurants, and public transportation. - Strong Rental Income: With its modern amenities and prime location, this property is a cash cow, providing a robust and consistent rental income stream. - Appealing to Tenants: The combination of beautiful historic charm, extensive trim work, and high-end finishes make these units highly desirable, ensuring low vacancy rates. Investment Opportunity: This property represents an exceptional investment opportunity with its combination of location, luxury features, and strong rental income. Whether you're expanding your portfolio or seeking a solid income-producing property, this multi-unit building is a standout choice. Schedule a private showing today Don’t miss out on this incredible opportunity to own a premier investment property and cash cow in the heart of Wayne, PA.
Listed by
Listing Agent - Christopher J Lombardi
Listing Office - Glen Mary Real Estate LLC
Source: Bright MLS mls logo
MLS#PADE2072410 • last updated 1 year ago
Movoto checked Bright MLS for data 5 minutes ago
Overview
Cooling/AC Central A/C, Electric
Heating Natural Gas
Type Multi-Family
SubType Other
Status Closed
County Tax 3097, Annually
City/ Town Tax 2516
School Tax 15114
Tax: Assessed Value 1032940
Annual Property Tax 20884
Year Built 2017
Condition Excellent
Municipality RADNOR TWP
New Construction (Y/N) N
Foreclosure (Y/N) N
Interior
Accessibility Features 2+ Access Exits
Exterior
Foundation Slab
Garage Desc Additional Storage Area, Basement Garage
# Garage Spaces 2
# Parking Spaces 2
# Attached Garage Spaces 2
Parking Desc Parking Lot, Attached Garage
Existing Structures Above Grade, Below Grade
Amenities / Utilities
Sewer/ Septic Public Sewer
Pool No Pool
Location
Water Source Public
High School RADNOR
Elementary School RADNOR
School District RADNOR TOWNSHIP
Middle School RADNOR
Directions On The Corner Of Bloomingdale Ave And West Wayne Ave In Downtown Wayne, PA
Zoning MULTIFAMILY
Multifamily Details
# 2-Bedroom Units 5
$3.25M
Range: $2.66M-$3.83M
Last 30 days 
Rental est.: $1,870/month
Gross rent multiplier: 151.5
  • Mar 2025
    mls logo MLS # PADE2072410
  • Mar 12, 2025 Sold
    $3,399,000
  • Nov 11, 2024 Pending
  • Nov 6, 2024 Price Change
    $3,399,000 (-1.4%)
  • Oct 21, 2024 Price Change
    $3,449,000 (-1.4%)
  • Aug 19, 2024 Price Change
    $3,499,000 (-9.6%)
  • Jul 26, 2024 Listed
    $3,870,000 (+416.0%)
  • Sep 2018
    mls logo MLS # 1002553016
  • Sep 6, 2018 Sold
    $750,000
  • Mar 14, 2015 Listed
    $835,000
  • Apr 2015
    mls logo MLS # 6535203
  • Apr 23, 2015 Sold
    $750,000 (-10.2%)
  • Mar 14, 2015 Listed
    $835,000
  • 200 W Wayne Ave
    $3.39M
  • 19087
    $980K -6% y/y
  • Wayne
    $1.08M 0% y/y
No chart available
Statistics calculated by Movoto

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7/10
Wayne El School
public Grades K-5
Radnor Township School District
7/10
Radnor Middle School
public Grades 6-8
Radnor Township School District
8/10
Radnor Senior High School
public Grades 9-12
Radnor Township School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • 200 W Wayne Ave
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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 Movoto 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. Data last updated: 6/4/2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closedor 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. BRIGHTMLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually solddue to reporting errors.
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