University City Homes under $250,000

University City Homes under $250,000

Welcome to University City, a vibrant and diverse neighborhood nestled in the heart of Philadelphia, Pennsylvania. Known for its rich academic atmosphere, University City is home to esteemed institutions such as the University of Pennsylvania and Drexel University, making it a hub of innovation and culture. This dynamic community is not only a center for education but also a place where families, young professionals, and students come together to create a lively, inclusive environment.

For those searching for affordable housing options, University City offers an array of homes priced under $250,000, making it an attractive choice for first-time homebuyers and investors alike. These residences range from charming historic brownstones to modern condos, providing a unique blend of architectural styles that reflect the area’s storied past. With a growing number of parks, cafes, and local shops, it’s easy to see why University City is not just a place to live, but a place to thrive.

Living in University City means enjoying the convenience of urban living combined with the warmth of a close-knit community. Residents benefit from easy access to public transportation, allowing for quick commutes to downtown Philadelphia and beyond. The neighborhood also boasts a variety of cultural events, farmers' markets, and festivals that celebrate its rich diversity.

Whether you’re looking to invest in your first home or seeking a lively community to call your own, University City offers a unique blend of affordability and vibrancy. Discover your new home in this thriving Philadelphia neighborhood today!

Newest University City Homes under $250,000

4428 Parrish St, Philadelphia
$230,000
DUPLEX READY FOR HOUSE HACKING- . This is a duplex with a generating and located In a Qualified Opportunity Zone (QOF). The building was completely rehabbed in 2019 with new electrical, mechanicals, kitchens, baths and central air. First-floor unit will be delivered vacant. Both units feature two bedrooms, upgraded kitchens, and bathrooms. Gross income for the building $31,000 a year. 2027 Taxes are $3,838. This property is conveniently located near public transportation, major universities, hospitals, and the expanding West Philadelphia corridor. Property qualifies for PENN's Closing Cost Reduction Program.

4428 Parrish St, Philadelphia

Listing courtesy of Legal Real Estate LLC. Contact:

3824 Melon St, Philadelphia
$210,000
3 Beds ⋅ 1 Baths
Welcome home to one of the hottest neighborhoods in Philadelphia. This house is a 3-bedroom, 1-bathroom house that was completely renovated about 5 years ago and has constantly made great rental income with low vacancy rates. You can keep it as an investment or live in the home yourself and take advantage of the growing neighborhood and equity. All three bedrooms are great sizes. It is on a quiet block close to universities in University City, close to Lancaster Avenue, and close to public transportation. Parking is available on the street. There is a long-term tenant in place paying $1950 a month, and they would like to stay. The home is located within a 30-minute drive to the airport and a 10-minute drive to Center City.

3824 Melon St, Philadelphia

Listing courtesy of Legal Real Estate LLC. Contact:

3808 Olive St, Philadelphia
$212,000
3 Beds ⋅ 1 Baths
Welcome home to one of the hottest neighborhoods in Philadelphia. This house is a 3-bedroom, 1-bathroom house that was completely renovated from the studs and built up. It features central air. Bathroom and backyard, and all three bedrooms are great sizes. It is on a quiet block close to universities in University City, close to Lancaster Avenue, and close to public transportation. Parking is available on the street. There is a long-term tenant in place paying $2,000 a month, and they would like to stay. The home is located within a 30-minute drive to the airport and a 10-minute drive to Center City.

3808 Olive St, Philadelphia

Listing courtesy of Legal Real Estate LLC. Contact:

4944 Aspen St, Philadelphia
$195,000
This is a duplex located in University City on a quiet block in West Philadelphia. Currently occupied by long-term tenants, this is a great duplex for someone who wants to add a it's just the asset to their portfolio or house-hack. Property is currently generating $31,000 gross a year, and tenants pay all utilities. Taxes for 2027 are $2,191. Shopping, groceries stores are within walking distance and the property is less than a 15-minute drive to Center City and close to Lancaster Ave.

4944 Aspen St, Philadelphia

Listing courtesy of Legal Real Estate LLC. Contact:

4637 Pine St Unit D511, Philadelphia
$209,000
1 Beds ⋅ 1 Baths
In the heart of West Philly's University City, this capacious 5th floor, one bedroom condominium has room for everything: a wide entry hall, an efficient kitchen with a gas range (the preferred cooking method which isn’t available in many of the complex’s other units) and an adjacent large dining space; a big, bright living room with a 5-window bay, a roomy bedroom with a combo washer/dryer closet, and a classic bath. Did you think you’d need a 2 BR because you work from home? Not really - this condo is spacious enough for multiple work stations. • The owners have painted the rooms in appealing colors and preserved all of the well-loved 1920s details that Garden Court is known for. In addition to the two leaded glass windows in this unit, eight of its standard windows have been replaced in the historic style appropriate for the building. The D building is entered from the west courtyard, where your “front yard” is beautifully landscaped with multiple spots for you to sit in the shade and enjoy summer days.• The Garden Court complex was designed by West Philadelphia developer Clarence Siegel in the 1920s in the gracious “pre-war” style which includes oversized windows, classic woodwork and hardwood flooring. Its timeless bathrooms feature leaded glass windows, ceramic tile floors and Vitrolite glass walls. The Preservation Alliance now holds a façade easement on its historic exterior. When it was built, the complex was offered as a 6-story luxury apartment development for residents who didn’t want the hassle of taking care of a house. Converted to condos in 1994, it still fills that hassle-free housing spot today. Condo amenities include a glamorous indoor year-round swimming pool, exercise room, library, meeting room, indoor bike storage, and outdoor space with gardens, fountains and koi ponds in two gated courtyards. The location is just six blocks west of the University of Pennsylvania and close to public transportation, nearby restaurants and coffee shops.

4637 Pine St Unit D511, Philadelphia

Listing courtesy of Compass Pennsylvania, LLC. Contact:

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