University City Real Estate

University City Real Estate

Welcome to University City, a vibrant and dynamic neighborhood nestled in the heart of Philadelphia, Pennsylvania. Known for its rich tapestry of culture, education, and innovation, University City is a thriving hub that seamlessly blends urban living with academic excellence. Home to renowned institutions such as the University of Pennsylvania and Drexel University, this area attracts a diverse mix of students, professionals, and families, creating a lively and inclusive community.

As you stroll through the tree-lined streets of University City, you’ll discover a delightful array of cafes, restaurants, and shops that cater to every taste and preference. Whether you’re in the mood for a gourmet meal, a cozy coffee shop, or a unique boutique, you’ll find it all just a stone’s throw from your doorstep. The neighborhood is also home to beautiful parks and green spaces, providing residents with ample opportunities for outdoor relaxation and recreation.

University City is not just about education; it’s a place where innovation flourishes. The area is a hub for research and development, making it an exciting locale for entrepreneurs and startups. With easy access to public transportation, residents can enjoy the convenience of city living while being just minutes away from downtown Philadelphia’s bustling attractions.

Whether you’re seeking a vibrant community filled with youthful energy or a peaceful retreat with access to top-tier amenities, University City offers the perfect blend of both. Come explore the charm and excitement of University City, where every day feels like an adventure waiting to unfold!

Newest Listings in University City

4236 Spruce St, Philadelphia
$1,325,000
Rare opportunity to acquire a fully occupied six-unit multifamily property directly across from Penn Alexander School in one of University City's most desirable residential neighborhoods. 4236 Spruce is surrounded by the University of Pennsylvania, Drexel University, CHOP and HUP, while Baltimore Avenue and the surrounding Spruce Hill neighborhood offer an exceptional collection of restaurants, cafes, bars and neighborhood retail just outside the door. The property combines classic architectural character with a highly desirable location and an attractive six-unit configuration featuring two spacious bi-level three-bedroom apartments, three studios and one two-bedroom apartment. Two rear off-street parking spaces and shared on-site laundry provide additional income. The property's location supports strong and consistent rental demand, while its historic character, tree-lined setting and proximity to University City's major institutions make it particularly appealing to tenants seeking more than a typical apartment building. For investors, the opportunity extends beyond the existing income. The property is fully occupied today, while targeted cosmetic improvements and thoughtful rent optimization offer a straightforward path to increasing rents and overall value over time - without requiring a major repositioning. A rare combination of location, character, occupancy, parking, ancillary income and value-add potential in one of West Philadelphia's strongest rental submarkets.

4236 Spruce St, Philadelphia

Listing courtesy of Compass Pennsylvania, LLC. Contact:

5021 Pentridge St, Philadelphia
$1,400,000
This exceptional property in Cedar Park close to University City presents a unique investment opportunity, combining modern construction with the potential for significant returns. Completed in 2019, this commercial space boasts a solid masonry structure, ensuring durability and low maintenance for years to come. The property is in excellent condition, reflecting the quality of its recent construction and major renovations. Investors will appreciate the strategic location within a vibrant community, making it an attractive option for various business ventures. The area is known for its dynamic atmosphere, drawing foot traffic and fostering a sense of community that can enhance customer engagement. With no association fees to worry about, your investment remains straightforward and focused on maximizing returns. The property features on-street parking, providing convenience for both clients and employees. Its modern design and layout offer flexibility, allowing for a variety of uses that can adapt to market demands. Whether you envision a retail space, office, or a mixed-use development, the possibilities are endless. The 2019 renovations have not only improved the aesthetic appeal but also enhanced the functionality of the space. Investors can benefit from the energy-efficient construction, which may lead to lower utility costs and a reduced environmental footprint. This aligns with the growing trend of sustainability in real estate, appealing to a broader audience of potential tenants or buyers. With the current market trends favoring newer constructions, this property stands out as a prime investment. Its excellent condition and modern amenities position it well for long-term appreciation. The potential for rental income is significant, especially in a location that continues to grow and attract new businesses and residents. This property is more than just a building; it's a canvas for your investment dreams. With its recent construction, strategic location, and excellent condition, it offers a warm and inviting space that can foster growth and success. Don't miss the chance to make this property a cornerstone of your investment portfolio. 4 one bedroom units and 2 bedrooms units will full bath. Solid property

5021 Pentridge St, Philadelphia

Listing courtesy of RE/MAX Access. Contact:

3861 Fairmount Ave, Philadelphia
$749,000
7 Beds ⋅ 7 Baths
FULLY LEASED TURNKEY TRIPLEX WITH HIGH CAP RATE & TAX ABATEMENT An exceptional opportunity to acquire a fully occupied, high-yielding multi-family property situated in a premier Philadelphia rental corridor, mere steps from Drexel University and the University of Pennsylvania. Boasting immediate cash flow, an advantageous tax abatement, and an ideal location near Penn Presbyterian Hospital, this asset delivers everything investors seek: strong yield, superior condition, and sustained appreciation potential. PROPERTY & UNIT HIGHLIGHTS This modern triplex offers three luxury, condo-grade apartments designed with open layouts, elevated finishes, rustic flooring, and modern kitchens with stainless steel appliances. Unit 1: 3 Bedrooms / 3 Bathrooms with a private rear patio. Unit 2: 2 Bedrooms / 2 Bathrooms. Unit 3: 2 Bedrooms / 2 Bathrooms with exclusive access to a private rooftop deck. INVESTOR-FRIENDLY UTILITIES & OPERATION Each residence is equipped with individual HVAC and water heating systems, in-unit laundry, en-suite bathrooms, and separate meters for gas and electricity. This independent utility setup minimizes operational overhead and simplifies management. LOCATION & DEMAND Located within walking distance of higher education institutions, medical centers, public transit, and the dining, retail, and nightlife along Lancaster Avenue, this property maintains strong tenant demand among students, faculty, and healthcare professionals. Fully tenanted with a 2-year history of reliability, this turnkey investment provides immediate income, tax benefits, and long-term stability.

3861 Fairmount Ave, Philadelphia

Listing courtesy of RE/MAX Preferred - Cherry Hill. Contact:

4938 Chestnut St, Philadelphia
$360,000
6 Beds ⋅ 2 Baths
Six Bedrooms. Historic Character. Endless Potential. Offering 1% Interest Rate Buydown for the 1st year at ZERO cost to the homebuyer when using the homeowner's preferred lender! Ask for details and see how this incentive can make owning this exceptional University City property even more attractive. Welcome to 4938 Chestnut Street, a stately 16-foot-wide row home where timeless Philadelphia character meets thoughtful updates and incredible potential. Offering approximately 2,300 square feet, 6 bedrooms, and 2 full baths, this expansive home is available to rent or purchase. As you enter, you are greeted by a spacious, light-filled mudroom adorned with beautiful decorative stained-glass windows. Thoughtfully versatile, this charming space can serve as a sophisticated entryway, a welcoming plant room, or a cozy reading nook. Step through the original vestibule and into the main level, where charming architectural details and timeless character unfold throughout the home. The main level features an oversized living room centered around a striking fireplace framed by custom millwork, serving as the room’s undeniable centerpiece and showcasing the home’s timeless character. Original moldings, stained glass windows, distinctive staircases, and new wood-look vinyl flooring create an elegant blend of historic charm and modern comfort. A gracious, separate dining room offers the perfect setting for everything from intimate dinners to lively gatherings with family and friends. The kitchen flows toward the rear of the home, opening to a spacious backyard, a rare and valuable amenity in the city. Upstairs, the second floor offers 3 generously sized bedrooms, a full bath, and additional original character, including a beautiful fireplace in the spacious front primary bedroom. The third floor adds 3 additional bedrooms and another full bath, creating an exceptionally flexible layout for a large household, roommates, guests, home offices, or future rental and multifamily possibilities. And then there is the location. Situated in the heart of University City, this home is just two blocks from the train, providing convenient access toward Center City and 30th Street Station. With universities, hospitals, restaurants, neighborhood amenities, and transportation all nearby, the location offers both convenience and long term appeal. The property is also zoned RM-1, offering potential for a multifamily conversion for investors or owner-occupants, subject to applicable zoning requirements and approvals. Whether you’re looking for a spacious primary residence, a property with rental potential, or an opportunity to bring your vision to one of University City’s most character-filled homes, 4938 Chestnut Street offers space, flexibility, character, and possibility all at an exciting price point. Schedule your showing today!

4938 Chestnut St, Philadelphia

Listing courtesy of Elfant Wissahickon Realtors. Contact:

4730 Kingsessing Ave, Philadelphia
$659,000
4 Beds ⋅ 3 Baths
In the Cedar Park neighborhood of West Philly's University City, this legally zoned & licensed 3-story twin duplex was an ideal home for owner-occupants - till job changes sent them elsewhere. There’s a bilevel first & second floor unit with a sweet old-fashioned living room (which could be used as a BR), open middle room, full bath, big eat-in dining/kitchen area on the 1st floor - plus 2 bedrooms, an open office/family room space, and a bath on the 2nd floor. The third floor flat is a 2 bedroom unit (including a finished attic loft space) with a private entrance. And if a new owner wants more space later on, the third floor can easily be reconnected to the lower floors. The original details West Philly residents love are all here - pocket doors, mantles, natural woodwork & hardwood flooring - combined with a recent kitchen in the owners unit, where the first floor has an open floor plan, and recent baths. The rear yard is huge, plus the location is just a few blocks from West Philly’s famous Clark Park. Baltimore Ave with its eclectic mix of shops and small restaurants is close by and the T3 trolley route is 2 blocks north on Chester Ave, arriving in center city in 15 minutes after stopping at UPenn, Drexel U and the 30th St transportation hub along the way. The apartments are currently rented at $2120 and $1480/month. Tenants pay for separate heat, hot water & electric. The leases expire June 30, 2027 & July 31, 2027.

4730 Kingsessing Ave, Philadelphia

Listing courtesy of Compass Pennsylvania, LLC. Contact:

Start Your Search

How much is your home worth?

Get instant property value now!