Nicetown Homes under $500,000

Welcome to Nicetown, a hidden gem nestled in the heart of Philadelphia, Pennsylvania! This vibrant subdivision offers a unique blend of urban convenience and community charm, making it an ideal destination for homebuyers seeking both comfort and affordability.

Nicetown boasts a rich tapestry of history and culture, with tree-lined streets and a welcoming atmosphere that invites you to explore. The neighborhood is known for its strong sense of community, where neighbors become friends and local events bring everyone together. Enjoy easy access to parks, schools, and a variety of shops and restaurants that reflect the diverse spirit of Philadelphia.

One of the standout features of Nicetown is its affordability. With homes available for under $500,000, this area provides an excellent opportunity for first-time buyers, families, and investors alike. Whether you’re looking for a charming single-family home, a cozy townhouse, or a spacious duplex, Nicetown has a variety of options to suit your needs. Many properties feature modern amenities, inviting layouts, and outdoor spaces perfect for entertaining or relaxing.

As you consider your next move, imagine living in a neighborhood that not only offers great value but also a vibrant community. Nicetown is more than just a place to live; it's a place to thrive. With its prime location and affordable housing options, Nicetown is ready to welcome you home. Come discover the possibilities that await you in this dynamic Philadelphia neighborhood!

Newest Nicetown Homes under $500,000

$199,000

3 Beds ⋅ 2 Baths ⋅ PAPH2665526 MLS

This classic rowhome was originally built in 1915. It was fully renovated in 2022 and fully repainted and freshened this summer. It's move in ready--needs nothing. Chef's kitchen with quartz counters, wide-plank flooring and the mechanicals were updated during the renovation. Most of the inventory around here is a project. This one isn't. Plus, the fully finished basement adds versatility, perfect for a home office, entertainment area, or a cozy retreat. Allegheny Station on the Broad Street Line is a short walk. Temple and Center City are a quick ride, and I-76 isn't far. Come on home.

611 W Allegheny Ave, Philadelphia

$130,000

3 Beds ⋅ 1 Baths ⋅ PAPH2651800 MLS

Opportunity awaits at 4469 N. Gratz Street! This property offers exceptional potential for investors, renovators, and buyers looking to customize a property to their own vision. Conveniently located near public transportation, major roadways, parks, etc. Property is being sold AS-IS! Seller will make NO repairs. Buyer is responsible for conducting all due diligence and obtaining any certifications required by their lender or municipality. Seller will not pay the Philadelphia Realty Transfer Tax. Property is currently occupied. A minimum of 24 hour notice is required for all showings. Buyer agents must accompany their buyers during all showings. Inspections are for information purposes only. Please do not disturb the occupants.

4469 N Gratz St, Philadelphia

$175,000

3 Beds ⋅ 2 Baths ⋅ PAPH2646608 MLS

🏡 4548 N 17th Street, Philadelphia, PA Unlock the potential at 4548 N 17th Street! Whether you're a first-time homebuyer looking for an affordable place to call home or an investor seeking your next opportunity, this Philadelphia property offers exceptional value in a rapidly evolving neighborhood. Basement is not finished a needs repair, use caution. Featuring spacious living areas, generous room sizes, and convenient access to public transportation, shopping, schools, and major commuter routes, this home places you in the heart of city living. Imagine creating your dream space while building equity in one of Philadelphia's established communities. Don't miss your chance to own a piece of Philadelphia at an attractive price point. Schedule your private showing today and discover the possibilities waiting for you at 4548 N 17th Street! 📲 For more information, exclusive listings, and expert real estate guidance, reach out to listing agent.

4548 N 17th St, Philadelphia

$400,000

PAPH2642114 MLS

Corner-Lot Mixed-Use Investment with Below-Market Rents — Nicetown, North Philadelphia 4-unit mixed-use investment on a 3,733 SF corner lot (44' x 85'), RM-1 zoning, 1930-built masonry construction. Two ground-floor commercial units and two second-floor residential apartments (1BR/1BA and 2BR/1BA), all four fully occupied under long-term, stable leases generating $3,700/month in current actual rent. Rents are below comparable Nicetown-area rates for both the commercial and residential units, with lease turnover anticipated within 1–2 years — giving investors a clear, near-term path to increased cash flow without displacing existing tenants today. The corner position and dual-use configuration offer flexibility for owner-occupant business use, continued investment hold, or repositioning at turnover. Located minutes from the SEPTA Wayne Junction Regional Rail station, recently rehabilitated as part of a $45M infrastructure investment, and within a corridor seeing active new multi-family construction on nearby blocks. Showings by appointment only — proof of funds and 48 hours' notice required to minimize disturbance to occupied tenants. Property sold as-is. Buyers should independently verify zoning compliance, use registration, and required permits with the City of Philadelphia Department of Licenses & Inspections prior to settlement.

3750-52 Pulaski Ave, Philadelphia

$184,999

3 Beds ⋅ 2 Baths ⋅ PAPH2638632 MLS

Welcome to 4547 N. Smedley Street, a beautifully updated 3-bedroom, 1.5-bath home that’s completely move-in ready. This inviting property features modern finishes throughout, offering the perfect blend of style and comfort. The spacious layout provides plenty of room for everyday living, while the updated kitchen and bathrooms add a fresh, contemporary feel. Whether you’re a first-time homebuyer or looking for your next investment, this turnkey home is ready for its new owner to move in and enjoy from day one. Conveniently located near shopping, dining, schools, and major transportation routes.

4547 N Smedley St, Philadelphia

$110,000

2 Beds ⋅ 1 Baths ⋅ PAPH2618316 MLS

Excellent opportunity for investors, contractors, or buyers looking to create value. This classic Philadelphia rowhome offers solid potential, making it an ideal project for renovation and customization. Recent updates include a new main roof and front porch roof installed in 2023, upgraded plumbing, a newly renovated bathroom completed in 2023, and a new electric panel installed in 2024, providing a strong head start for future improvements. Situated in the Nicetown area of Philadelphia, the property enjoys convenient access to public transportation, neighborhood shopping, schools, and major commuter routes, adding to its long term appeal for homeowners and investors alike. The surrounding area offers strong urban accessibility with everyday amenities nearby. Whether you are looking for your next fix and flip project, rental investment, or personal renovation opportunity, this property presents excellent upside with key mechanical and structural updates already in place. Bring your vision and unlock the potential of this Philadelphia gem.

1837 W Juniata St, Philadelphia

$219,000

PAPH2596780 MLS

Calling all savvy owner-occupants, value-add and/or turnkey investors! A legal triplex consisting of three two-bedroom and one-bathroom units is now available. Upon arrival, you'll notice ample street parking and a front porch on the exterior. From there, fully functional floor plans, large bedrooms, tons of closet space and separate utilities on the interior. And finally, its conveniently surrounded by hospitals, universities, public and major transit which will make the commute a breeze; so what are you waiting for? This property could generate as much as $3750 a month, a 12% cap rate or supplement your living expenses but hurry before it's too late

3716 N Carlisle St, Philadelphia

$70,000

3 Beds ⋅ 1 Baths ⋅ PAPH2580522 MLS

1.056 Ft² ROW HOME IN NICETOWN. 3 BEDROOMS/1 BATHROOM. Vacant. House is functional. Needs some updating to increase rents. Need advanced notice for showings. Nice block off of 19th & Erie, near schools, numerous types of public transportation, new construction projects nearby which is continually pushing the rental comps to a premium. Motivated Seller. Agent is related to seller.

1923 W Airdrie St, Philadelphia

$174,000

3 Beds ⋅ 2 Baths ⋅ PAPH2566452 MLS

9 UNIT PACKAGE NOW AVAILABLE BUT CAN BE SOLD SEPARATLEY AND DELIVERED VACANT. Updated 3 bedroom and 2 full bathroom home now available! Upon arrival youll notice a well kept block and an abundance of street parking on the exterior. From there, a free flowing open concept boasting all natural light, modern kitchen, dining and living room combination on the main level. Next, 3 bedrooms, 2 full bathrooms and tons of closet space upstairs. And finally, a fenced in rear patio and clean unfinished basement perfect for entertaining friends and family! Could it get any better though? It does! This home is currently rented for $1350 but could be rented for as high as $1500. In addition, its near all the public transportation you need to make the commute a breeze so hurry and make your appointment today before it's too late!

2042 Dennie St, Philadelphia

$45,000

3 Beds ⋅ 1 Baths ⋅ 1000297199 MLS

No access drive by only. Property sold in "As Is" condition. Buyers are responsible for City Certification. Sale contingent on cancellation of previous A.O.S.

1628 W Victoria St, Philadelphia

Start Your Search

INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED. Listings courtesy of WEST PENN MULTILIST, INC.

Listings courtesy of Pike Wayne Association of Realtors as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.