Philadelphia Homes under $500,000

Philadelphia Homes under $500,000

Welcome to Philadelphia, the City of Brotherly Love, where rich history meets vibrant culture and modern living! Nestled in the heart of Pennsylvania, Philadelphia is a city that boasts an impressive array of attractions, from the iconic Liberty Bell to the stunning Philadelphia Museum of Art. Known for its diverse neighborhoods, each with its own unique charm, Philadelphia offers something for everyone, whether you’re a history buff, a foodie, or an art enthusiast.

For those looking to make Philadelphia their home, the good news is that there are plenty of excellent housing options available under $500,000. This price range opens the door to a variety of charming homes, from historic rowhouses in the bustling neighborhoods of Fishtown and Northern Liberties to contemporary condos in the heart of Center City. Families will appreciate the spacious homes in areas like Mount Airy and Roxborough, where tree-lined streets and community parks abound.

Living in Philadelphia means embracing a lifestyle filled with convenience and excitement. Enjoy easy access to public transportation, a thriving local dining scene, and countless cultural events throughout the year. Plus, with a strong sense of community, you’ll find friendly faces around every corner.

Whether you’re starting your journey as a first-time homebuyer or looking to invest in a vibrant neighborhood, Philadelphia offers an incredible selection of homes that fit your budget. Explore the possibilities and discover your perfect home in this dynamic city, where history and modernity blend seamlessly to create an unparalleled living experience.

Newest Philadelphia Homes under $500,000

9913 Wingtip Rd, Philadelphia
$425,000
3 Beds ⋅ 3 Baths
Welcome to 9913 Wingtip Rd. A beautifully updated 3-bedroom, 2.5-bath twin home in a convenient Philadelphia location! From the moment you arrive, you'll appreciate the combination of modern updates, comfortable living space, and an unbeatable location. Situated close to Roosevelt Boulevard and Bustleton shopping center, this home puts shopping, dining, transportation, parks, and everyday conveniences right at your fingertips. The property is also conveniently located near public transportation and area amenities. Step inside to a welcoming floor plan featuring hardwood flooring and recessed lighting throughout the first floor, plus a spacious family room perfect for relaxing and entertaining. The kitchen was remodeled back in 2019, offering spacious cabinets and counter space and newer appliances. In addition to the first floor, a newly added half bathroom adds convenience for family and guests. Upstairs, you'll find three spacious bedrooms, plenty of closet space, and two full bathrooms. The comfortable layout provides plenty of space for everyone while maintaining a warm and inviting feel throughout the home. The exterior offers even more to enjoy. Relax or entertain on the newer fenced-in patio built in 2019, perfect for outdoor gatherings or enjoying your own private space. Location, space, and updates come together in this fantastic home. Whether you're a first-time buyer, growing family, or simply looking for a move-in-ready property with important improvements already completed, 9913 Wingtip Rd is ready to welcome you home. Schedule your showing today!

9913 Wingtip Rd, Philadelphia

Listing courtesy of PennHunter. Contact:

1429 S Marston St, Philadelphia
$229,000
3 Beds ⋅ 1 Baths
Welcome to this lovely renovated 3 bed. home in thriving Grays Ferry. Enter this porchfront home into a spacious living room with an impressive open floor plan concept with sleek Laminate Floors, and recessed lights. The kitchen is designed with crisp white shaker cabinets and quartz countertops finished off with stainless appliances and a custom glass tile backsplash. Just beyond the kitchen is a small area that houses the washer & dryer for your convenience, no lugging laundry up from the basement. Speaking of the basement , it's super clean and dry and boasts tons of storage! The 2nd level offers 3 comfortable bedrooms with ample closet space and a full tile bathroom. Saving the best part for last, you will be thrilled with the large deck just off of the rear bedroom. The entire deck is built to last using composite materials and will provide you with years of outdoor enjoyment. Plumbing is all new, hot water tank is new and the first floor features ductless mini split units for comfortable heat & air conditioning and the 2nd floor has baseboard electric radiator heat. University City is just a short distance away and walkable or bikeable. Schedule a showing today!

1429 S Marston St, Philadelphia

Listing courtesy of KW Empower. Contact:

4958 N 9th St, Philadelphia
$255,000
3 Beds ⋅ 3 Baths
Discover the charm of this beautifully maintained townhouse nestled in the heart of the Logan neighborhood. This inviting home features three spacious bedrooms and two and a half bathrooms, providing ample space for relaxation and comfort. The straight-thru architectural style enhances the flow of natural light throughout the living areas, creating a warm and welcoming atmosphere. Step inside to find a fully finished basement that comes with a bar, perfect for a fun night in, or can be used as a cozy family room, a home office, or a play area. The possibilities are endless! The main level boasts a functional layout, ideal for entertaining friends or enjoying quiet evenings at home. With on-street parking available, convenience is at your fingertips. The backyard comes equipped with a patio and outdoor bar setup. Located in a vibrant community, this home is just minutes away from local shops, parks, and dining options, making it easy to embrace the neighborhood lifestyle. Whether you're looking for a place to settle down or an investment opportunity, this townhouse offers the perfect blend of comfort, style, and location. Don't miss your chance to make this delightful property your new home!

4958 N 9th St, Philadelphia

Listing courtesy of KW Empower. Contact:

5451 Spring St, Philadelphia
$145,000
2 Beds ⋅ 1 Baths
Ready to trade your lease for a place of your own? 5451 Spring Street is a beautifully updated West Philadelphia home that is ready to welcome you. Thoughtfully updated from top to bottom, this move-in-ready home features a brand-new kitchen, updated full bathroom, new vinyl plank flooring, modern lighting, and central air/heat for year-round comfort. The bright and open living space offers a great layout to relax, entertain, and enjoy your new home. Upstairs, you'll find two comfortable sized bedrooms and a beautifully updated bathroom including a laundry space. Whether you're a first-time homebuyer ready to put down roots or simply looking for an affordable, low-maintenance alternative to renting, this is an opportunity worth exploring.

5451 Spring St, Philadelphia

Listing courtesy of Trophy Commercial Real Estate LLC. Contact:

4649 Tacony St, Philadelphia
$184,900
3 Beds ⋅ 2 Baths
Nestled in the charming Bridesburg neighborhood, this beautifully maintained interior row townhouse exudes warmth and character. Built in 1910, the home seamlessly blends classic architecture with modern comforts, offering a cozy retreat for those seeking an exclusive lifestyle. Step inside to discover an inviting eat-in kitchen, perfect for culinary enthusiasts. The space is equipped with high-end gas appliances, including a sleek oven/range and built-in microwave, ensuring every meal is a delight. The rich hardwood and laminate plank flooring throughout the home adds a touch of elegance, while the thoughtfully designed layout maximizes space and functionality. With three spacious bedrooms and one and a half bathrooms, this residence provides ample room for relaxation and privacy. The fully finished basement offers additional living space, ideal for a home office or entertainment area. Natural light pours in through double-hung, double-pane windows, creating a bright and airy atmosphere. Outside, enjoy the fresh air on your private deck, perfect for morning coffee or evening gatherings. The property is conveniently located near public transportation, making city access a breeze. With sidewalks lining the streets, the neighborhood invites leisurely strolls and a sense of community. This home is not just a place to live; it's a lifestyle choice, offering comfort, style, and a welcoming ambiance. Experience the perfect blend of historic charm and modern convenience in this delightful townhouse. Note: Basement has a Flex room which can be used as a bedroom in addition to a recreational space.

4649 Tacony St, Philadelphia

Listing courtesy of Compass Pennsylvania, LLC. Contact:

630 Fanshawe St, Philadelphia
$290,000

630 Fanshawe St, Philadelphia

Listing courtesy of Opus Elite Real Estate. Contact:

315 New St Unit 120, Philadelphia
$239,000
1 Beds ⋅ 1 Baths
Experience the perfect blend of historic character and modern city living at BridgeView Place, ideally situated in the heart of Philadelphia’s vibrant Old City neighborhood. This beautifully maintained one-bedroom, one-bath condominium offers an inviting urban retreat filled with architectural charm, natural light, and everyday convenience. Step inside to discover soaring ceilings, exposed brick walls, and beautiful hardwood floors that give the living space its distinctive character. Oversized windows fill the room with natural light, creating a warm and welcoming atmosphere. The thoughtfully designed galley kitchen features granite countertops, stainless steel appliances, and generous cabinetry, making both everyday meals and entertaining effortless. The spacious bedroom offers a comfortable escape with ample closet space, while additional closets throughout the residence provide practical storage solutions. The full bathroom features a soaking tub and the convenience of an in-unit stackable washer and dryer. An additional private storage bin in the building’s basement is also included, providing valuable extra space rarely found in city living. BridgeView Place offers an impressive collection of amenities, including a 24-hour staffed front desk, a beautifully updated lobby and resident lounge, elevator access, a secure package delivery system, and a charming interior courtyard. Head up to the rooftop to take in spectacular views of the Philadelphia skyline. Parking is another added convenience, with street parking nearby and a parking lot directly across the street offering monthly parking for an additional fee, subject to availability. Outside your door, discover everything that makes Old City one of Philadelphia’s most sought-after neighborhoods. From acclaimed restaurants and neighborhood cafés to art galleries, boutiques, historic landmarks, and a vibrant nightlife scene, the best of Philadelphia is just moments away. Whether you’re searching for a stylish city residence or a convenient Philadelphia pied-à-terre, this distinctive condominium delivers location, character, and lifestyle in one exceptional package. Welcome home to BridgeView Place, where historic Philadelphia meets modern urban living.

315 New St Unit 120, Philadelphia

Listing courtesy of Coldwell Banker Realty. Contact:

4230 Wallace St, Philadelphia
$105,000
3 Beds ⋅ 1 Baths
Great investment opportunity! new construction all around, this RM1 zoned property can be made into a duplex or even a triplex by right! Dont miss out this will not last long!

4230 Wallace St, Philadelphia

Listing courtesy of Homestarr Realty. Contact:

2038 E Glenwood Ave, Philadelphia
$204,900
3 Beds ⋅ 1 Baths
Welcome to 2038 E Glenwood Avenue! This beautifully renovated 3-bedroom, 1-bathroom home offers a wonderful opportunity to enjoy the comfort of modern living while maintaining the charm and character of a classic Philadelphia rowhome. With thoughtful updates throughout, generous living spaces, and a convenient location, this move-in-ready home has plenty to offer! Step inside and immediately appreciate the bright, inviting atmosphere created by beautiful new flooring, recessed lighting, fresh paint, and tasteful accent walls. The spacious living and dining areas provide plenty of room for relaxing, entertaining guests, or gathering around the table for dinner. Just beyond, the completely renovated kitchen features beautiful white shaker cabinets, stylish countertops, a classic subway tile backsplash, and stainless steel appliances, making meal preparation and everyday living a pleasure. Upstairs, you'll find three comfortable bedrooms offering flexibility for a variety of needs, whether you're looking for additional sleeping space, a home office, or a playroom. The spacious front bedroom features a beautiful bay window that welcomes natural light, while the other bedrooms offer their own unique charm with attractive accent walls and modern finishes. The fully renovated bathroom features beautiful tilework, updated fixtures, and a full bathtub, providing both comfort and convenience. This home offers more than just beautiful finishes! A new central heating and cooling system provides year-round comfort, while the basement offers additional space for storage and household essentials. From the updated flooring and contemporary lighting to the refreshed exterior, this property has been thoughtfully renovated to create a home that is as functional as it is attractive. Located in Philadelphia's Harrowgate neighborhood, 2038 E Glenwood Avenue offers convenient access to local parks, shopping, grocery stores, restaurants, and public transportation. With Frankford Avenue nearby and easy connections to surrounding neighborhoods, including Port Richmond and Fishtown, you'll enjoy access to a variety of shopping, dining, and recreational opportunities. Major roadways and SEPTA transportation options also make commuting and traveling throughout Philadelphia convenient. Beautifully updated, move-in ready, and offering the space and flexibility to grow into, 2038 E Glenwood Avenue is ready for its next chapter. All that's missing is you! Schedule your private showing today and come see what makes this property such a great place to call home!

2038 E Glenwood Ave, Philadelphia

Listing courtesy of Giraldo Real Estate Group. Contact:

5037 Chestnut St, Philadelphia
$489,000
5 Beds ⋅ 2 Baths
This traditional twin/semi-detached home in the desirable Walnut Hill subdivision offers a compelling investment opportunity. Renovated in 2023, this property features a fully finished basement with a rear entrance, enhancing its rental potential or suitability for multi-generational living. With 1,760 finished square feet, the layout includes five spacious bedrooms and two full bathrooms, providing ample space for tenants or future buyers. The open floor plan is complemented by modern interior features such as a bar and a walk-in shower, appealing to a wide range of renters or homeowners. The presence of a fireplace adds charm and can be a focal point for cozy gatherings, increasing the property's allure. The property sits on a 0.05-acre lot, with on-street parking available, making it convenient for residents. Given the current market trends, this home presents a strong potential for appreciation and rental income. Its strategic location, a stone's throw from University City in a well-established neighborhood, enhances its desirability, making it an excellent addition to any investment portfolio. Don't miss the chance to capitalize on this unique opportunity in Walnut Hill.

5037 Chestnut St, Philadelphia

Listing courtesy of KW Empower. Contact:

950 N 3rd St Unit 204, Philadelphia
$325,000
1 Beds ⋅ 1 Baths
Philly Home Advisors proudly presents Unit 204 at 950Mode, a boutique building of just 28 luxury residences directly across from Liberty Lands Park in the heart of Northern Liberties. Voted one of the “Hottest” properties in Philadelphia by Philly Style Magazine, 950Mode delivers contemporary living at its best. This 1 bedroom, 1 bath condo comes with a deeded parking spot, so there is no circling the block. Floor-to-ceiling windows fill the home with natural light and frame the green space outside. The open layout flows from the kitchen into the living and dining area. The kitchen features a pocket island, granite countertops and stainless steel appliances. You’ll also find 9 ft. ceilings, beautiful flooring, a state of the art bath, plenty of storage and a washer and dryer right in the unit. Step out onto your private balcony for morning coffee or a quiet evening with park and garden views. The building offers a secure parking lot with EV charging lines, an elevator, video intercom, secure access control entry, wireless internet, and a private garden with a sitting area just for residents. Liberty Lands is basically your front yard, with two acres of lawn, gardens and community events. Grab a latte at Menagerie Coffee on the edge of the park or fresh bread from Kaplan’s New Model Bakery on the corner. Brunch at Honey’s Sit ‘n Eat and Cafe La Maude is a few blocks away. Standard Tap, Ortlieb’s, and the shops and restaurants along North 2nd Street and The Piazza are right around the corner. Fishtown’s Frankford Avenue, Laser Wolf and the Delaware River waterfront are just minutes away. Getting around is simple. SEPTA bus routes 5 and 57 stop at the door, the Route 15 trolley runs along Girard Avenue, and Girard Station on the Market-Frankford Line is less than half a mile away. I-95, Old City and Center City are a quick trip. Park views, low-maintenance living and one of Philadelphia’s best neighborhoods right outside your door. Schedule your private showing today.

950 N 3rd St Unit 204, Philadelphia

Listing courtesy of BHHS Fox & Roach-Center City Walnut. Contact:

1106 Mercy St, Philadelphia
$299,900
3 Beds ⋅ 1 Baths
Welcome to 1106 Mercy Street, a charming 3-bedroom, 1-bath home in the heart of East Passyunk Crossing! Step inside to a bright and inviting living room featuring beautiful hardwood floors that flow into the dining area, creating a comfortable space for everyday living and entertaining. A convenient first-floor coat closet provides extra storage to help keep things organized. The kitchen offers white cabinetry, generous counter space, a stylish tile backsplash, and a full suite of appliances, including a gas range, built-in microwave, and dishwasher. Upstairs, you'll find three bedrooms with hardwood flooring and plenty of natural light. Whether you need a cozy bedroom, a home office, or a flexible space to fit your lifestyle, there's room to make it your own. The full bathroom features a tiled walk-in shower with glass doors and a built-in bench. Additional highlights include updated HVAC with central air conditioning for year-round comfort, a full basement offering extra storage, and the convenience of an in-home washer and dryer. Located in East Passyunk Crossing, you'll enjoy easy access to neighborhood restaurants, local shops, parks, and everything that makes South Philadelphia such a great place to call home. With its inviting layout, practical features, and convenient location, 1106 Mercy Street is ready to welcome its next owner!

1106 Mercy St, Philadelphia

Listing courtesy of EXP Realty, LLC. Contact:

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