Philadelphia City Homes under $500,000

Philadelphia City Homes under $500,000

Welcome to the vibrant city of Philadelphia, where rich history meets modern living! Nestled in the heart of Pennsylvania, Philadelphia City boasts a diverse and thriving community, making it an ideal place for families, young professionals, and retirees alike. One of the standout features of this city is its commitment to education, with the Philadelphia School District offering a wide array of programs and resources that cater to students of all ages.

The Philadelphia School District is known for its dedication to fostering a nurturing and stimulating environment for learners. With over 200 schools, including a mix of traditional, charter, and magnet schools, families have access to a variety of educational options. The district emphasizes academic excellence, arts, and extracurricular activities, ensuring that every child has the opportunity to thrive. Parents can take comfort in knowing that their children will receive a well-rounded education in a supportive community.

For those looking to settle down in this exciting city, Philadelphia offers an array of charming homes priced under $500,000. From historic row homes in neighborhoods like Fishtown and Kensington to modern condos in Center City, there’s something for every taste and budget. These affordable options make it easier for families to find their dream home while enjoying the benefits of living in a city rich with culture, dining, and entertainment.

Explore the possibilities of homeownership in Philadelphia, where quality education and affordable living come together to create a welcoming atmosphere for all. Your new beginning awaits in this captivating city!

Newest Philadelphia City Homes under $500,000

1531 Fontain St, Philadelphia
$260,000
5 Beds ⋅ 2 Baths
Welcome to this spacious home offering 5 bedrooms and 2 full bathrooms in the heart of the Temple University neighborhood. The layout gives you flexibility for everyday living, guests, or a home office. The first floor opens to a generous living room, a welcoming space for relaxing, hosting, and gathering with family and friends. This level also features a bedroom and a full bathroom with a convenient shower and tub combination. The kitchen comes equipped with an electric oven and range, a refrigerator, and a microwave, and a door leads straight to the private backyard. It is a natural spot for morning coffee, grilling, or entertaining. Upstairs, the second floor offers four generous bedrooms and a second full bathroom with a shower stall. Having this many bedrooms together makes the space work well for a larger household, roommates, or flexible work from home space. Additional living space in the basement includes a second living area, a laundry room with a washer and dryer, and a bonus room that can serve as a home office, gaming room, or extra storage. Peace of mind comes with a brand new roof backed by a 10 year warranty. The location is part of the appeal. Fairmount Park, the Philadelphia Zoo, the Art Museum, and the dining and nightlife along Girard Avenue are all close by, and the SEPTA G trolley along Girard Avenue and nearby transit make getting to Center City easy. The property is currently vacant and offers strong potential for investors or those seeking a spacious home near campus.

1531 Fontain St, Philadelphia

Listing courtesy of Keller Williams Real Estate-Blue Bell. Contact:

1823 Morris St, Philadelphia
$349,900
3 Beds ⋅ 2 Baths
Welcome to 1823 Morris Street, a classic Point Breeze brick rowhome, fully renovated with 3 bedrooms and 1.5 baths. The 1st floor is wide open, with light wide plank floors, recessed lighting and a built in electric fireplace in the living room. A modern staircase with black metal railings gives the space a clean, finished look. The kitchen features white shaker cabinets, quartz countertops, a subway tile backsplash and stainless steel appliances, including a side by side refrigerator. The counter at the sink opens right to the living area, so you stay part of the conversation while you cook. Just past the kitchen, a bonus room gives you flexible space for a home office, guest room or den. A powder room completes the 1st floor. Upstairs you’ll find 3 bedrooms with natural light and a full bath with a subway tile tub and shower. The basement adds a big open space with epoxy floors and recessed lighting, great for a home gym or storage, plus washer and dryer hookups. Out back, a private patio has room for a grill and a few chairs. Enjoy nearby Wharton Square park, and the Tasker-Morris stop on the Broad Street Line is just a few blocks away for an easy trip to Center City, University City and East Passyunk Avenue. Schedule your private showing today!

1823 Morris St, Philadelphia

Listing courtesy of BHHS Fox & Roach The Harper at Rittenhouse Square. Contact:

1815 E Cornwall St, Philadelphia
$189,000
3 Beds ⋅ 3 Baths
1815 E. Cornwall Street | Harrowgate | Philadelphia, PA STOP RENTING. START OWNING! BEAUTIFULLY RENOVATED 3-BEDROOM, 2.5-BATH HOME WITH CENTRAL AIR, UPDATED SYSTEMS & A SPACIOUS BACKYARD! CALLING ALL HOMEBUYERS & SAVVY INVESTORS! Why keep paying rent when you could be building equity in a place to call your own? Welcome to 1815 E. Cornwall Street, a beautifully renovated, move-in-ready home in Philadelphia's Harrowgate neighborhood offering modern finishes, a thoughtfully designed floor plan, and the conveniences today's buyers are looking for! NEW ELECTRICAL. NEW PLUMBING. CENTRAL AIR. MODERN FINISHES. MOVE-IN READY! The major improvements have already been completed—now it's your turn to enjoy them! STEP INSIDE AND FALL IN LOVE WITH THE POSSIBILITIES! The main level welcomes you with a bright, inviting open-concept floor plan, attractive vinyl flooring, and a seamless flow between the living and kitchen areas—perfect for everyday living and entertaining. The beautifully updated kitchen features quartz countertops, crisp white shaker-style cabinetry, and stainless-steel appliances, combining style and functionality in a space you'll enjoy spending time in. For added convenience, the main level also offers a powder room and a nicely sized bedroom with closet space, providing flexibility for guests, a home office, or additional living arrangements. AND WAIT UNTIL YOU SEE THE BACKYARD! Step outside to a generously sized rear yard with room to create your own outdoor retreat. Imagine summer barbecues, outdoor dining, gardening, or simply relaxing in your own space! UPSTAIRS – COMFORT, PRIVACY & CONVENIENCE! The second level features wall-to-wall carpeting and two nicely sized bedrooms, each offering ample closet space. The primary bedroom features its own private en-suite bathroom, creating a comfortable retreat at the end of the day. An additional full hallway bathroom provides convenience for the second upstairs bedroom and guests. And here's a feature you'll truly appreciate—a dedicated second-floor laundry room complete with a washer and dryer! No more carrying laundry up and down the stairs! Need storage? The clean basement provides additional space to keep seasonal items, household essentials, and belongings neatly organized. LOCATION! LOCATION! CONVENIENCE! Enjoy access to the Market-Frankford Line, connecting you to Center City Philadelphia, major transportation hubs, and destinations throughout the city. With I-95, shopping centers, neighborhood businesses, restaurants, and everyday conveniences nearby, getting around and taking care of daily errands is easy. BUYERS—WHY RENT WHEN YOU CAN OWN? Imagine having your own beautifully renovated home, a modern kitchen, 2.5 bathrooms, central air, upstairs laundry, and a backyard to enjoy, all while building equity instead of paying someone else's mortgage! INVESTORS—LOOKING TO EXPAND YOUR RENTAL PORTFOLIO? Here's your opportunity to explore a turnkey, renovated three-bedroom rental property with attractive amenities and updated major systems. Whether you're purchasing your first investment or expanding an existing portfolio, this property deserves a closer look! 3 BEDROOMS. 2.5 BATHROOMS. CENTRAL AIR. UPDATED SYSTEMS. SPACIOUS BACKYARD. MOVE-IN READY! THE RENOVATIONS ARE COMPLETE. THE OPPORTUNITY IS HERE. ALL THAT'S MISSING IS YOU! Don't just scroll past this one—schedule your private showing TODAY, experience the home for yourself, and submit your strongest offer! **Your next chapter could begin at 1815 E. Cornwall Street. Make your move!**

1815 E Cornwall St, Philadelphia

Listing courtesy of Eliakim Realty Inc. Contact:

no property photo
$299,999
2 Beds ⋅ 1 Baths
Welcome home to this charming, two-bedroom, one-bath single-family home in East Torresdale's most sought-after neighborhood. Move-in ready and full of character, it offers comfort, convenience, and room to grow. The finished kitchen is the heart of the home,w,.with plenty of space to cook and open-concept living so you can enjoy your guests. A beautiful Trex deck is great for outdoor dining or entertaining. With a nice-size yard for gardening. Both bedrooms are comfortable and inviting. The bathroom has a fresh modern look. Downstairs, the finished basement adds valuable living space. An extra room in the basement can serve as a workout space or office, and a living space can serve as a family room. You'll love the location. Local parks are close by for outdoor recreation and weekend strolls. A variety of restaurants makes dining out easy. Quick access to I-95 makes commuting and travel easy. Close to the rail lines at East Torresdale train station. Homes like this don't last. Schedule your showing today.

9217 State Rd, Philadelphia

Listing courtesy of Robin Kemmerer Associates Inc. Contact:

251 Dupont St, Philadelphia
$410,000
3 Beds ⋅ 2 Baths
Beautiful single home on a lightly traveled street in the Roxborough section of Philadelphia. The first floor features a traditional floor plan with living room, formal dining room, large updated eat-in kitchen, a laundry area and a powder room. The second floor has three good size bedrooms and an updated hall bathroom. Exit the kitchen to a private back patio and a detached garage. This home has been updated throughout and has been very well maintained. Beautiful hardwood floors throughout. All of this is close to public transportation and all the shops and restaurants on Main Street in Manayunk!

251 Dupont St, Philadelphia

Listing courtesy of McGill Real Estate. Contact:

711 Gorman St, Philadelphia
$435,000
3 Beds ⋅ 3 Baths
Welcome to 711 Gorman Street, a newly renovated three bedroom, two and a half bathroom 1650 sqft home in Philadelphia’s Bustleton neighborhood. The property is expected to be completed in 30 to 60 days and is available for showings now. Enjoy garage parking and a spacious driveway with room for 2 to 4 cars. Inside, the open-concept living area flows into a kitchen with stainless steel appliances and ample cabinet storage. A convenient powder room completes the first floor, while the finished walkout basement offers additional living space. Upstairs, you’ll find three bedrooms and two full bathrooms. The primary bedroom features two large closets and an en-suite bathroom with a shower. The hallway bedroom is ideal for a home office or nursery, while the rear bedroom makes a comfortable guest room. A full hall bathroom serves the additional bedrooms. Don’t miss the opportunity to see this home before it officially hits the market

711 Gorman St, Philadelphia

Listing courtesy of KW Empower. Contact:

5845 Chester Ave, Philadelphia
$125,000
4 Beds ⋅ 1 Baths
This well maintained single family home offers 4 bedrooms and 1 bathroom. The property is in good condition, with several renovations completed approximately one year ago. Currently owner occupied, this home is a great opportunity for a future homeowner or investor. NOTE (please include this on your offer): -The property will be sold in AS-IS condition. -The buyer is responsible for U&O.

5845 Chester Ave, Philadelphia

Listing courtesy of Prosperity Real Estate & Investment Services. Contact:

1629 Fairmount Ave Unit 3, Philadelphia
$419,500
2 Beds ⋅ 2 Baths
This stylish, newer-construction 2-story, 2-bed, 1.5-bath home in the sought after Fairmount/Spring Garden neighborhood offers two private outdoor spaces: a private main level deck and roof deck with skyline views. The light-drenched main level features high ceilings and gleaming hardwood floors. The kitchen includes solid granite counters, a breakfast bar, stainless steel appliances, ample storage, and impressive cabinets. The kitchen seamlessly opens to the spacious living area with direct access to a generous private deck perfect for outdoor cooking, entertaining, and relaxation. A modern powder room with oversized vanity and a separate laundry room complete this level. The second level features two spacious and natural light-filled bedrooms and a renovated full bath. Head upstairs to the private roof deck with sweeping views ideal for morning coffee, evening cocktails, or stargazing. Both the roof and deck were recently completely redone, offering the peace of mind of a quality build and an active warranty. Steps from the Art Museum and River Trail, this location offers outstanding convenience and a sophisticated lifestyle. Join a yoga session at Yoga Habit across the street before sitting down for a latte at La Maison Jaune and lunch at Osteria. Stop into Aiyah Boutique or Records Forever for a treat before taking in the art at the Barnes Foundation/Rodin or Calder Gardens/Art Museum. Finish your day with dinner at any of the popular, award-winning restaurants along Fairmount Ave. (Manong, Amano, Bar Hygge, Javelin Sushi, and more). And finally, grab a drink and a show at nearby South Jazz Kitchen or root for your favorite team with friends and family at the neighborhood Fairmount Tavern. With convenient access to center city offices, health centers, and the region's top research universities, this is city living at its best!

1629 Fairmount Ave Unit 3, Philadelphia

Listing courtesy of Compass Pennsylvania, LLC. Contact:

7117 Cottage St, Philadelphia
$180,000
3 Beds ⋅ 2 Baths
Make this Mayfair row home your own! Offering 3 bedrooms, 1 bath, and 1,400+ sq ft, with an additional basement shower and a 1-car basement garage for added convenience. Bring your vision and your upgrades to make it shine. Sold as-is; seller will make no repairs.

7117 Cottage St, Philadelphia

Listing courtesy of Century 21 Integra - Newtown. Contact:

5507 Chancellor St, Philadelphia
$255,000
3 Beds ⋅ 2 Baths
Welcome to 5507 Chancellor Street, where classic Philadelphia charm meets modern updates! This beautifully renovated three bedroom home offers a wonderful blend of comfort, style, and convenience. Step inside to discover a refreshed interior featuring gorgeous original hardwood floors in beautiful condition, bringing warmth and timeless character to the home. All three generously sized bedrooms feature comfortable carpeting and closets, providing plenty of functional living space. The kitchen is equipped with brand-new stainless steel appliances, adding a sleek, modern touch. An additional half bathroom in the basement provides even more everyday convenience. The unfinished basement offers excellent storage space and the opportunity to create additional usable space in the future. Additional maintenance includes a roof coating completed in July 2026. Step outside and discover a beautiful fenced-in backyard, perfect for outdoor gatherings, relaxing, gardening, or simply enjoying your own private outdoor retreat. Situated on a quiet Philadelphia block with convenient access to public transportation and nearby neighborhood amenities, this home offers an excellent opportunity for buyers looking for a beautifully updated property with both character and potential. Whether you’re a first-time homebuyer or ready for your next chapter in homeownership, 5507 Chancellor Street is ready to impress!

5507 Chancellor St, Philadelphia

Listing courtesy of Keys & Deeds Realty. Contact:

16 W Seymour St, Philadelphia
$250,000
5 Beds ⋅ 2 Baths
MOTIVATED SELLER — SOLD "AS-IS" — PRICED FOR IMMEDIATE ACTION! Brought to market with a highly motivated seller, this spacious 1900-built historic gem in the heart of Germantown presents an incredible equity-building opportunity for contractors, investors, or visionary buyers ready to restore a classic Philadelphia property to its full potential. Spanning over 2,100 square feet of traditional layout potential, this property features solid historic bones, excellent spatial volume, a generous footprint, and the rare bonus of a detached garage on a quiet residential stretch. Key Highlights: Prime Germantown Location: Close to local parks, historic landmarks, public transit lines, and convenient corridors into Center City and Chestnut Hill. Exceptional Value: Priced significantly below market value per square foot to reflect the need for complete cosmetic and systems updating. Endless Potential: Bring your contractor, your design ideas, and your imagination. Perfect for a fix-and-flip, buy-and-hold rental portfolio addition, or a custom owner-occupant renovation project. Flexible Terms: Seller is highly motivated, open to serious cash or conventional renovation loan offers, and looking for a smooth, quick settlement. Don't let this diamond in the rough pass you by! Properties with this kind of square footage and upside in Northwest Philly move fast when priced to sell.

16 W Seymour St, Philadelphia

Listing courtesy of Keller Williams Real Estate - West Chester. Contact:

904 Sigel St, Philadelphia
$230,000
2 Beds ⋅ 1 Baths
Welcome to 904 Sigel Street! A classic 2-bedroom, 1-bath townhome in the heart of East Passyunk Crossing. With a comfortable layout, original character, and a location close to some of the neighborhood's best shops, restaurants, and local favorites, this home offers a great opportunity to make a well-located South Philly property your own. The main level features an open living and dining area with tile flooring, plenty of natural light, and a beautiful wood staircase with decorative iron railing. The dining area leads into the rear kitchen, offering generous cabinet and counter space, gas cooking, and access to the rear of the home. Upstairs, you'll find two bedrooms, including a spacious primary bedroom with a double closet, along with a large hall bathroom featuring a tub and natural light. The full basement provides laundry and additional storage space. The home also features several important updates, including a newer sewer line, replaced rear roof, updated front windows, entryway and transom, a newer chimney, and an updated bathroom vanity. Window air-conditioning units may also be included with the sale. Located near the Bok Building and just a short walk from East Passyunk Avenue, neighborhood restaurants, shops, public transportation, and everyday conveniences, 904 Sigel Street puts so much of East Passyunk and South Philadelphia within easy reach.

904 Sigel St, Philadelphia

Listing courtesy of Keller Williams Real Estate - Media. Contact:

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