University City Homes under $900,000

University City Homes under $900,000

Welcome to University City, a vibrant and dynamic neighborhood nestled in the heart of Philadelphia, Pennsylvania. Known for its rich academic heritage and diverse community, University City is a hub of innovation and culture, making it one of the most sought-after areas for homebuyers.

This unique subdivision is home to prestigious institutions such as the University of Pennsylvania and Drexel University, which not only contribute to the area's intellectual vibrancy but also foster a lively atmosphere filled with art, dining, and entertainment options. Residents enjoy a blend of historic charm and modern convenience, with tree-lined streets, beautiful parks, and an array of cafes and shops that cater to every taste.

For those looking to settle in this thriving community, there are fantastic housing options available under $900,000. Whether you're a first-time buyer, a growing family, or an investor seeking rental opportunities, University City offers a variety of homes that suit different lifestyles and budgets. From charming row homes with classic Philadelphia architecture to contemporary condos featuring sleek designs and state-of-the-art amenities, you can find the perfect place to call home.

Living in University City means embracing a lifestyle filled with educational opportunities, cultural experiences, and a strong sense of community. With easy access to public transportation, major highways, and the bustling downtown area, you’ll find that convenience is at your doorstep. Discover your dream home in University City today, where vibrant living meets affordability in one of Philadelphia’s most exciting neighborhoods!

Newest University City Homes under $900,000

1259 S 46th St, Philadelphia
$375,000
Turnkey duplex with excellent cashflow on wide avenue in University City. The entire building is fully rewired and offers fully separated gas, electric, hot water, and HVAC (including central air in each unit). Each unit is a renovated 2 bedroom, 1 bath residence. Large bedrooms and great light throughout. The 2nd floor is fully updated and has a beautiful west facing bay window, spacious rear deck, and washer dryer. It is tenant occupied at $1,300/month + utilities with a lease expiration of 6/1/27. Beautiful and spacious kitchen and bath. The 1st floor has been updated with a brand new renovated kitchen, freshly painted, basement parged and cleaned, washer and dryer, and new marble tiled bath (bath was actually renovated prior to the previous tenant). The 1st floor also includes access to the rear yard. It is now rented at $1,500 + utilities with a lease expiration of 4/25/27. The building also has a shared front porch. Located in University City-- a close walk to Penn, CHOP, HUP, Clark Park (and its Farmers Market), the Schuylkill River Trail, Asad’s Hot Chicken, Four World��s Bakery, Baltimore Avenue's Restaurant Row, and all that University City has to offer. Plus, 12 minutes to Center City by car or bike. Plenty of convenient SEPTA options. Easy access to I-76. Note—Both units are currently rented through May 2027. Either unit would also be great for an owner occupant after that time.

1259 S 46th St, Philadelphia

Listing courtesy of Compass Pennsylvania, LLC. 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:

4730 Kingsessing Ave, Philadelphia
$659,000
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:

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