West Philadelphia Homes under $500,000

West Philadelphia Homes under $500,000

Welcome to West Philadelphia, a vibrant and diverse neighborhood that beautifully blends rich history with modern living. Nestled in the heart of Philadelphia, this area is renowned for its cultural heritage, eclectic dining options, and a strong sense of community. West Philadelphia is not just a place to live; it's a lifestyle waiting to be embraced.

One of the standout features of West Philadelphia is its accessibility. With convenient public transportation options and proximity to downtown Philadelphia, residents enjoy easy commuting while being surrounded by the charm of tree-lined streets and historic architecture. The neighborhood is also home to several parks and recreational areas, providing ample opportunities for outdoor activities and relaxation.

For those seeking a home that won’t break the bank, West Philadelphia offers an impressive selection of properties priced under $500,000. Whether you’re a first-time homebuyer, a growing family, or an investor looking for a promising opportunity, you’ll find a variety of charming single-family homes, cozy townhouses, and modern condos that fit your budget. Many of these homes feature unique architectural details and spacious layouts, catering to both comfort and style.

In addition to its affordable housing, West Philadelphia boasts a rich tapestry of community events, local shops, and eateries that reflect the area’s diversity. From farmers' markets to art festivals, there’s always something happening that fosters a strong sense of belonging.

Discover the charm of West Philadelphia today, where affordable living meets a vibrant community, making it the perfect place to call home!

Newest West Philadelphia Homes under $500,000

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:

1523 N Allison St, Philadelphia
$255,000
3 Beds ⋅ 3 Baths
Stunning 3 bedroom, 2 full and 1 half bathroom home just hit the market . Upon arrival, you'll notice a well kept block, front porch and quite neighborhood. From there, a free flowing open concept boasting all natural light, modern kitchen, island, half bathroom, laundry, dining and living room combination on the main level. Next, 3 bedrooms, 2 full bathrooms and tons of closet space upstairs. And finally an extra bedroom, finished basement and fenced in yard perfect for entertaining friends and family. Could it get any better though? It does! This home also has a new roof, electric, plumbing, windows, HVAC system, and appliances throughout. In addition, it's near all the public transportation you need to make the commute a breeze so make your appointment today and move in before holidays!

1523 N Allison St, Philadelphia

Listing courtesy of Premier Real Estate Inc. 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:

200 N 52nd St, Philadelphia
$169,900
Mixed use investment opportunity! The first floor features a front office space that is currently vacant and needs renovation, plus a separate rear 1 bedroom and 1 bathroom unit rented for $750 on a month to month lease. The second floor offers a fully renovated 2 bedroom and 1 bathroom unit that is currently vacant. Great opportunity for an investor to renovate the office space, generate additional income, and maximize the property’s potential. NOTE (please include this on your offer): -The property will be sold in AS-IS condition. -The buyer is responsible for U&O.

200 N 52nd St, Philadelphia

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

5307 Walnut St, Philadelphia
$285,000
4 Beds ⋅ 2 Baths
Tired of paying rent and ready to put that money toward something that's yours? Welcome to 5307 Walnut Street, a move-in ready, spacious and affordable home in West Philadelphia. This property qualified for most down payment grants-You can get up to 6% down payment assistance if you qualify! Just ask how! Freshly painted and renovated, it has four large bedrooms, hardwood floors and a chef's kitchen with a large dining room-enough space to host your first thanksgiving! A half bath sits off the dining room, and the large living room has plenty of room to relax and entertain. Outside, a front porch is ready for morning coffee and a backyard for gardening, grilling or unwinding, the kind of space that's hard to find in a rental. The home sits just west of the 52nd Street commercial corridor, one of West Philadelphia's main shopping streets. Out West (5127 Walnut St) is just down the block, while Brown Sugar Bakery & Cafe (219 S 52nd St), 52nd Station Diner (9 S 52nd St) and Cleo Bagels (5013 Baltimore Ave) are a short walk away. Nearby you'll also find Hakim's Bookstore, Philadelphia's oldest bookstore of its kind, the Lucien E. Blackwell West Philadelphia Regional Library, the Paul Robeson House and Museum, 6-acre Malcolm X Park and the trails of Cobbs Creek Park. The 52nd Street El station on the Market-Frankford Line is a short walk away, with direct service to University City and Center City. That puts the home about 2 miles from the University of Pennsylvania, Penn Medicine, Children's Hospital of Philadelphia and Drexel University, and about 4 miles from City Hall, Jefferson Health and downtown offices, with 30th Street Station a quick ride away. Stop paying your landlord's mortgage and start building equity in a home of your own: schedule your showing today!

5307 Walnut St, Philadelphia

Listing courtesy of Elfant Wissahickon-Rittenhouse Square. Contact:

5041 Arch St, Philadelphia
$185,000
4 Beds ⋅ 1 Baths
Discover the opportunity at 5041 Arch St, an end-row townhome in West Philadelphia offering approximately 1,720 square feet of living space and a convenient urban location. Built in 1925, this property offers the character and scale of a classic Philadelphia rowhome, with a flexible layout and plenty of potential for a buyer ready to bring their vision to the property. Ideally positioned near neighborhood diners and cafes, grocery and convenience stores, schools, parks, gas stations, public transportation, and houses of worship, the location offers everyday convenience and easy access to the surrounding community. Whether you're looking for your next investment, a renovation project, or an opportunity to create a home tailored to your vision, this property offers a compelling starting point in an established Philadelphia neighborhood. Don't miss the chance to explore its possibilities! Being sold AS IS, WHERE IS, Buyer is responsible for all inspections, CO, and certifications. All information and property details set forth in this listing, including all utilities and all room dimensions which are approximate, are deemed reliable but not guaranteed and should be independently verified if any person intends to engage in a transaction based upon it. Seller/current owner does not represent and/or guarantee that all property information and details have been provided in this MLS listing. DO NOT Approach the occupants, exterior drive-by showing ONLY!!

5041 Arch St, Philadelphia

Listing courtesy of Ai Brokers LLC. Contact:

129 S 63rd St, Philadelphia
$409,900
**INVESTOR OPPORTUNITY** Don't miss out on this opportunity to own a fully occupied three-unit multifamily in West Philadelphia. The property offers a strong unit mix consisting of a studio apartment (laundry access) and two 2-bedroom units, plus two garages that generate additional income. In Unit 1 (studio), find recessed lighting and luxury vinyl plank flooring, plus large windows. The kitchen features stainless steel appliances and white/grey granite countertops. The bathroom is of a decent size and has a walk-in shower with black hexagon floor tile and a marble-like backsplash. Tenants in this unit have access to the private laundry area. Enter unit 2 through the front door to find an enclosed front porch. Further inside, blonde luxury vinyl plank flooring leads you into the living area with a non-functioning brick fireplace. The kitchen in this unit has stainless steel appliances and wooden cabinets with a windowed kitchen sink wall. The room has enough space for a breakfast/small dining table as well. Two bedrooms and a tub/shower bathroom complete the space. Unit 3 has it’s own seperate side entrance which also features 2 bedrooms and one full bathroom. There, find a spacious living area, as well as an eat-in kitchen with white cabinetry and stainless steel appliances. A small dining table fits here, as well. The primary in this unit has a beautiful bay window that floods the space with natural light. Fully leased, the studio rents for $950 per month, while one of the 2-bedroom units rents for $1,315 per month. The other two-bedroom unit rents for $1,335 per month. There are also two garages on the property that can be rented, which generate an additional $225 per month. A new front roof and main roof have been installed, providing valuable recent improvements for the next owner. With full occupancy, multiple income streams, and immediate rental income, this property would make a strong addition to any Philadelphia investment portfolio.

129 S 63rd St, Philadelphia

Listing courtesy of Compass Pennsylvania, LLC. Contact:

6150 Haverford Ave, Philadelphia
$255,000
3 Beds ⋅ 2 Baths
Welcome to 6150 Haverford Ave, a beautifully renovated 3 bedroom, 2 bath home offering modern finishes, an open layout, and plenty of additional living space. Step inside to a bright and airy main level featuring recessed lighting, contemporary flooring, and a sleek open staircase that gives the home a fresh, modern feel. The updated kitchen features white cabinetry, quartz countertops, stainless steel appliances, a gas range, and modern finishes throughout. Upstairs, you’ll find three well sized bedrooms, including a spacious primary bedroom filled with natural light, along with a beautifully updated full bathroom featuring stylish tile work and contemporary fixtures. The fully finished basement provides even more usable living space, perfect for a family room, home gym, entertainment area or office. Out back, enjoy your own outdoor space with a rear deck and yard, perfect for relaxing or entertaining. With its move in ready interior, modern updates, finished basement, and versatile floor plan, the home is ready to welcome its next owner. Schedule your showing today!

6150 Haverford Ave, Philadelphia

Listing courtesy of Keller Williams Main Line. Contact:

11 N 62nd St, Philadelphia
$165,000
3 Beds ⋅ 1 Baths
Welcome to 11 N 62nd St! This spacious 3-bedroom, 1-bathroom home offers a comfortable layout with plenty of natural light and modern updates. The home features all-new flooring, updated kitchen cabinets and counter tops, three generously sized bedrooms, and an oversized laundry area. A large basement provides additional storage space, while the private rear patio offers a great spot to relax or enjoy some outdoor space. Conveniently located in West Philadelphia with easy access to public transportation, shopping, dining, and neighborhood amenities.

11 N 62nd St, Philadelphia

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

Start Your Search

How much is your home worth?

Get instant property value now!