West Philadelphia Homes under $500,000

West Philadelphia Homes under $500,000

Welcome to West Philadelphia, a vibrant and diverse neighborhood that perfectly blends historic charm with modern convenience. Nestled in the heart of Philadelphia, this area is known for its rich cultural heritage, friendly community, and an array of amenities that cater to all lifestyles.

West Philadelphia offers a unique tapestry of architectural styles, from classic brownstones to contemporary townhomes, making it an ideal place for homebuyers seeking character and affordability. With homes priced under $500,000, this neighborhood is an excellent choice for first-time buyers, families, and investors alike. You can find spacious three-bedroom homes with large yards, cozy bungalows perfect for smaller families, and even renovated properties that showcase the area’s historic charm—all within a budget-friendly range.

The community is also well-equipped with parks, local shops, and restaurants that reflect the area's diverse population. Enjoy a leisurely stroll through Clark Park or grab a bite at one of the many eateries showcasing cuisines from around the world. The proximity to major universities and public transportation makes West Philadelphia not only a hub for students but also a desirable location for professionals commuting to Center City.

In West Philadelphia, you’ll discover a welcoming atmosphere, a strong sense of community, and a variety of homes that fit your budget. Whether you’re looking to settle down or invest, this neighborhood has something for everyone. Explore the possibilities in West Philadelphia today, where your dream home awaits!

Newest West Philadelphia Homes under $500,000

5616 Baltimore Ave, Philadelphia
$325,000
3 Beds ⋅ 3 Baths
Fully Renovated West Philadelphia Home Before the Holidays! Welcome to 5616 Baltimore Avenue, where timeless Philadelphia character meets a thoughtful, design-forward renovation. This beautifully restored 3-bedroom, 2.5-bath home offers approximately 1,724 square feet of living space and combines original architectural details with modern finishes throughout. Step inside to original crown molding, rich wainscoting, restored woodwork, the original staircase and exposed brick details rarely found in today’s renovations. The main level also features a new powder room and built-in sound system. At the heart of the home is a chef-inspired kitchen with custom cabinetry, generous prep space, statement range and hood, bridge faucet, pot filler and elevated finishes designed for everyday living and entertaining. Upstairs, exposed brick and a VELUX skylight fill the hallway with character and natural light. The primary suite features its own skylight and private en suite bath with custom vanity, wall-mounted faucet and dual shower heads. Two additional bedrooms offer ample closet space, while the hall bath includes a conveniently located stack-able washer and dryer. The unfinished lower level provides substantial storage, existing egress and future possibilities, subject to all required permits and approvals. The property is RM-1 multifamily zoned, providing additional long-term flexibility. Major infrastructure has already been addressed, including replacement of the property’s old lead water service with a new service line extending from the city connection into the property. Make 5616 Baltimore Avenue home in time for the holiday season. Schedule your private showing today and ask your lender or housing counselor about available first-time home-buyer assistance programs. A 10-year Philadelphia residential tax abatement application has also been submitted and is currently pending approval.

5616 Baltimore Ave, Philadelphia

Listing courtesy of D.C. Casper Real Estate. Contact:

5328 Spruce St, Philadelphia
$375,000
4 Beds ⋅ 3 Baths
This 2022 fully renovated twin is one of the best values in West Philly. On a neighborly block, this home offers 4 bedrooms (or 3 bedrooms and an office) 2.5 baths, a beautiful rear patio (plus a covered front porch) and a superb layout with ideal space and light. The 1st floor plan is open with a spacious living area, dining area, and eat in kitchen with white shaker cabinetry, granite countertops and breakfast bar, and stainless appliances. The living room includes a tasteful, modern electric fireplace. The two front windows are topped by a stained-glass arched window. There is a half bath and a nice washer and dryer. The 2nd floor includes the primary bedroom with en-suite tiled bath. Two other large bedrooms and a smaller bedroom/office. Plus another tiled full bath in the hall. Excellent closets and storage throughout. Large and open unfinished basement with excellent ceiling height. The 2022 renovation includes new plumbing, electric, central AC and heat, and systems, plus all finishes. A short walk to all that University City has to offer including Cleo Bagel, Carbon Copy, Toast Café, Pizza Plus West, Kabobeesh, Malcolm X Park and more. Convenient to Penn, Penn Med, CHOP, and the VA. Plenty of SEPTA options to University City and Center City as well!! A great home at a great price.

5328 Spruce St, Philadelphia

Listing courtesy of Compass Pennsylvania, LLC. Contact:

1039 Belmont Ave, Philadelphia
$179,900
4 Beds ⋅ 2 Baths
Welcome to 1039 Belmont Avenue | Spacious 4-Bedroom, 2-Bath Townhome Welcome to 1039 Belmont Avenue! This spacious three-story, 4-bedroom, 2-full-bath townhome offers approximately 1,822 square feet of living space, a combination of recent updates, classic charm, and plenty of room to make it your own. Step inside to discover a beautifully updated first floor featuring hardwood flooring, spacious living areas, and a renovated kitchen complete with ceramic tile flooring, brand-new countertops, and a center island that provides additional prep space and seating. Ceiling fans add comfort throughout the home. The second floor offers two generously sized bedrooms and a full bathroom, while the third floor features two additional bedrooms and another full bathroom, providing a flexible layout with plenty of space for a variety of needs. Outside, enjoy a welcoming front porch and a fenced-in backyard, perfect for relaxing, entertaining, or creating your own outdoor retreat. Built in 1915, this brick townhome has been well maintained and cared for over the years. While the first floor has been updated, the second and third floors offer an opportunity for the next owner to add their personal finishing touches and make the space truly their own. With four bedrooms, two full bathrooms, recent first-floor renovations, and generous living space across three levels, this home offers a great opportunity for buyers looking for space, character, and potential. **Schedule your showing today and discover the possibilities at 1039 Belmont Avenue!**

1039 Belmont Ave, Philadelphia

Listing courtesy of Philadelphia Realty Exchange. Contact:

224 N Peach St, Philadelphia
$115,000
3 Beds ⋅ 1 Baths
Welcome to 224 N. Peach Street, a spacious porch front home offering solid bones and immense potential in West Philly! Step inside to find a flowing main level featuring a bright living room highlighted by a decorative fireplace mantel and hardwood floors, opening up to a size able formal dining area. The eat in kitchen in the rear delivers ample counter workspace, and plenty of room to cook and gather. Upstairs, three large comfortable bedrooms and a full central hall bathroom. Located in a central and connected West Philly neighborhood, you are just minutes from the sports courts and community amenities at Shepard Recreation Center and the expansive green spaces of Morris Park. Enjoy close proximity to local shops, neighborhood eateries, and convenient commercial corridors along Market Street and 52nd Street. Commuting is seamless, with the Market Frankford Line and major bus routes just a quick walk away, offering direct and fast connections to University City, Drexel, Penn, and Center City. 224 N. Peach Street is full of opportunity. Schedule your private tour today and bring your offer!

224 N Peach St, Philadelphia

Listing courtesy of TrustArt Realty. Contact:

5027 Chancellor St, Philadelphia
$167,000
3 Beds ⋅ 1 Baths
Home is liviable with minor repairs. No interior photos due to the privacy of the estate. Full of character, potential, and a few fun surprises, this 3-bedroom, 1-bathroom traditional Philadelphia rowhome is ready for its next chapter! Offered as part of an estate sale, this property offers an exciting opportunity for investors, renovators, or buyers ready to bring their vision to life. Featuring good bones, a classic covered front porch, and a traditional layout, this home offers a solid starting point for your next renovation project. Whether you're looking to restore its original charm or create something entirely new, the possibilities are worth exploring. Conveniently situated near Walnut Hill and University City, the property offers access to shopping, dining, public transportation, and neighborhood amenities. Looking for inspiration? A nearby property at 5012 Chancellor Street, featuring 3 bedrooms and 2.5 bathrooms, reportedly sold for $375,000 on May 6, 2026, showcasing the potential of renovated homes along the same block. This home has a story to tell, and you just might be the one to write its next chapter! There are a few surprises waiting inside, so schedule your showing and see the possibilities for yourself. Property is being sold strictly AS-IS.

5027 Chancellor St, Philadelphia

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

147 N Paxon St, Philadelphia
$235,000
4 Beds ⋅ 2 Baths
Step into timeless urban living with this expansive, character-rich 4-bedroom rowhome nestled within West Philadelphia’s vibrant 19139 corridor. Offering an impressive 1,700 square feet of thoughtfully designed space, this residence is an exceptional find for ambitious first-time buyers, savvy investors, or renovators seeking an attainable foothold just beyond the borders of University City. Inside, you are greeted by warm, original hardwood floors that trace the home's historic charm, complemented by rare and practical modern conveniences like a main-floor half bathroom. Beyond the interior lies an unexpectedly generous, oversized private backyard complete with a custom patio—creating a rare urban oasis ideal for weekend gatherings or quiet relaxation. Positioned on a tranquil, tree-lined residential block with seamless access to SEPTA transit lines and the Market-Frankford subway for an effortless commute to Center City, this property delivers unmatched lifestyle flexibility and room to grow. Best of all, purchasing this home at $235,000 translates to an estimated monthly carrying cost of roughly $1,860—favorably tracking below the $2,000 monthly rental rate—empowering you to stop paying someone else's mortgage, build long-term equity, and customize a classic Philadelphia architectural gem.

147 N Paxon St, Philadelphia

Listing courtesy of KW Empower. Contact:

6126 Chestnut St, Philadelphia
$245,000
3 Beds ⋅ 2 Baths
Beautiful Newly Renovated Three Bedroom Home in West Philadelphia! Walk into the Enclosed front porch with the original exposed brick wall and charming woodwork and updated flooring. The main level is an open layout with new flooring, Mantle, recessed lighting, powder room, and a Fully renovated Kitchen with stainless steel appliances and quartz countertops! Walk out the rear laundry room area onto the rear deck overlooking the spacious yard! New Vinyl Flooring throughout the second floor with a Gorgeous Full Bathroom with New Modern Tile Throughout! The Full Large Basement can be a walkout and is a great open space for plenty of storage!

6126 Chestnut St, Philadelphia

Listing courtesy of Century 21 Advantage Gold-Southampton. Contact:

5413 Race St, Philadelphia
$100,000
3 Beds ⋅ 1 Baths
In

5413 Race St, Philadelphia

Listing courtesy of Keys & Deeds Realty. Contact:

4935 Walnut St, Philadelphia
$449,900
INVESTOR OPPORTUNITY – THREE-UNIT MULTIFAMILY PROPERTY IN PHILADELPHIA! Excellent opportunity to add a three-unit multifamily property to your investment portfolio. Unit 1 features one bedroom, one full bathroom, and a basement bonus room with an additional full bathroom. This unit is currently tenant-occupied and generating $1,300 per month in rental income. Unit 2 offers one bedroom, one bathroom, and a bonus room across two levels. Unit 3 features 3 bedrooms, one bathroom. Units 2 and 3 are currently vacant and were most recently rented for $1,440 and $1,300 per month, respectively. Recent improvements include new front and rear roofs, new flooring and bathrooms in Units 2 and 3, and an updated kitchen in Unit 2. With one unit currently producing income and two vacant units offering the opportunity to secure new tenants, this property presents potential for investors looking to expand their rental portfolio. Schedule your showing today!

4935 Walnut St, Philadelphia

Listing courtesy of Compass Pennsylvania, LLC. Contact:

4028 Westminster Ave, Philadelphia
$475,000
Discover an exceptional multifamily investment opportunity in West Philadelphia, offering three thoughtfully updated one bedroom, one bathroom residences within a property that combines modern interiors with distinctive outdoor features including a rooftop patio. Each apartment provides a comfortable and contemporary setting with updated kitchens and bathrooms, high ceilings, recessed lighting, attractive flooring, and ample storage. The property offers several features that add to its overall appeal, including basement access from the first floor and a private rooftop deck accessible from the third floor apartment. The rooftop provides a unique outdoor retreat along with striking views toward the Center City skyline. A private rear yard offers additional outdoor space and connects to the surrounding park setting. Positioned in a well connected section of Philadelphia, the property is conveniently located near Girard Avenue, Fairmount, Fairmount Park, and the Philadelphia Zoo. Residents can enjoy easy access to neighborhood dining, shopping, recreation, public transportation, major roadways, and Center City. Whether expanding an existing portfolio or seeking a multifamily property with multiple residential units and attractive amenities, this offering presents an opportunity to own a versatile investment in a vibrant Philadelphia location. 2nd floor unit is owner occupied. Schedule your showing today!

4028 Westminster Ave, Philadelphia

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

1418 N Conestoga St, Philadelphia
$72,500
2 Beds ⋅ 1 Baths
Opportunity awaits at 1418 Conestoga St! This 2-bed, 1-bath rowhome offers a great opportunity for investors and visionary buyers, alike. Featuring a traditional layout, spacious living area, generously sized kitchen, and huge basement, this property provides a fantastic starting point for you homebuying journey. This home also features a covered front porch and rear outdoor space, offering additional possibilities for improvement. Conveniently located in West Philadelphia with access to public transportation, shopping, etc. Bring your creativity and schedule your showing today!

1418 N Conestoga St, Philadelphia

Listing courtesy of Domain Real Estate Group, LLC. Contact:

882 N Fallon St, Philadelphia
$219,000
4 Beds ⋅ 2 Baths
Welcome to 882 N Fallon Street. A beautifully renovated 4-bedroom, 2-bath home offering generous living space, modern finishes, and a flexible three-story layout. From the moment you step inside, you’ll appreciate the bright, open-concept first floor, designed for everyday living and entertaining. The spacious living and dining areas flow naturally into a striking modern kitchen featuring designer cabinetry, granite countertops, stainless-steel appliances, a contemporary backsplash, and ample workspace and storage. Just beyond the kitchen, a rear exit leads to a fenced private backyard. A great space for outdoor dining, entertaining, gardening, or simply relaxing. The second floor offers two generously sized bedrooms with excellent closet space, hardwood flooring, and high ceilings. A large, stylish full bathroom completes the level, featuring modern tile, an attractive vanity, and contemporary fixtures. The third floor provides two additional spacious bedrooms along with a second full bathroom, creating an ideal layout for larger households, guests, a home office, or flexible work-from-home space. Additional highlights include hardwood floors throughout, impressive ceiling height, a handsome exterior facade, updated mechanical systems, and a thoughtfully designed floor plan that offers plenty of options for both living and entertaining. The home has undergone extensive renovation, including updates to the plumbing, sewer, heating, and electrical systems, combining the character and scale of a classic Philadelphia home with modern conveniences and finishes. Conveniently located in West Philadelphia, the property offers easy access to University City, Center City, the Main Line, parks, shopping, dining, public transportation, and major roadways. SEPTA connections and nearby access to I-76, I-676, I-95, and the Blue Route make commuting throughout the Philadelphia region convenient, while neighborhood destinations such as Baltimore Avenue and Clark Park are just a short trip away. Schedule your private showing today and come see everything this home has to offer

882 N Fallon St, Philadelphia

Listing courtesy of EXP Realty, LLC. Contact:

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