Philadelphia (North) Homes under $500,000

Welcome to North Philadelphia, a vibrant and diverse neighborhood that perfectly blends urban energy with community charm. Located in the heart of Philadelphia County, this area is rich in history and culture, offering residents a unique lifestyle that captures the essence of city living.

North Philadelphia is known for its eclectic mix of architectural styles, from historic row homes to modern condos, making it an ideal destination for first-time homebuyers and those seeking affordable options. With many homes priced under $500,000, this subdivision presents an exceptional opportunity for buyers looking to invest in a thriving community without breaking the bank.

Imagine living just moments away from the bustling streets filled with local shops, cafes, and parks. North Philadelphia boasts a strong sense of community, where neighbors look out for one another and local events bring everyone together. Enjoy easy access to public transportation, allowing you to explore the greater Philadelphia area with ease.

For families, North Philadelphia offers access to several reputable schools and recreational facilities, ensuring that children have ample opportunities for growth and development. The rich cultural scene includes museums, art galleries, and theaters, providing endless entertainment options for residents of all ages.

Whether you’re a young professional, a growing family, or looking to downsize, North Philadelphia's homes under $500,000 cater to a variety of lifestyles and budgets. Embrace the charm of this dynamic neighborhood and discover the perfect place to call home in Philadelphia. Your dream home awaits in North Philadelphia!

Newest Philadelphia (North) Homes under $500,000

$45,000

3 Beds ⋅ 1 Baths ⋅ PAPH2677364 MLS

Calling all cash buyers and investors! This property presents an excellent opportunity for a full renovation and is being offered at a price designed to attract serious investors. The property is in need of a complete renovation and is being sold strictly as-is. Bring your vision, run your numbers, and bring all offers. Don’t miss the opportunity to transform this property into your next investment project.

2720 N Hicks St, Philadelphia

$207,000

3 Beds ⋅ 1 Baths ⋅ PAPH2676680 MLS

** HOME WARRANTY INCLUDED***Welcome to your Overbrook sweet spot! Perfectly refreshed and completely move-in ready, this classic Philadelphia home is an incredible find for first-time buyers looking for quality and value. Step past the welcoming front porch—the ideal spot for your morning coffee—and into a bright, open main level featuring gleaming, newly refinished hardwood floors and fresh modern paint throughout. The layout flows beautifully from the spacious living area into a formal dining room, perfect for hosting family dinners and entertaining friends. Upstairs, you'll find 3 comfortable bedrooms with ample natural light and a clean, updated full bath. Head downstairs or out back to find the ultimate city bonus: your own private, secure one-car garage to eliminate any parking stress. Why rent when you can build equity? This home is an ideal candidate for first-time buyer programs. Be sure to ask your lender or agent about the "Philly First Home" grant program, which offers up to $10,000 (or 6% of the purchase price) to help cover your down payment and closing costs! Don’t wait—schedule your tour today and make your homeownership dreams a reality.

1039 N 67th St, Philadelphia

$145,000

3 Beds ⋅ 2 Baths ⋅ PAPH2676136 MLS

Welcome to this beautifully rehabbed 3-bedroom, 1.5-bath home that has been rebuilt from the studs out. The renovation includes all-new framing, plumbing, electrical, and a new roof, A/C, along with updated interior finishes throughout. The home offers a bright, comfortable layout with spacious bedrooms, warm wood flooring, and plenty of natural light. A few finishing touches remain, giving the new owner the opportunity to complete the home to their own taste and style. With the major systems and renovation work already completed, this property offers the appeal of a nearly new home with the flexibility to add your own personal finishing touches.

2243 N Bancroft St, Philadelphia

$67,500

3 Beds ⋅ 2 Baths ⋅ PAPH2675698 MLS

This 3-bedroom, 1.5-bathroom interior row townhouse in Philadelphia (North) offers a solid investment opportunity with a total finished area of 1,052 sq ft. Built in 1940, the property features a classic straight-thru design and durable masonry construction. The eat-in kitchen is equipped with essential appliances, including a stove and refrigerator, making it tenant-ready. The full, unfinished basement provides potential for additional living space or storage, enhancing rental appeal. On-street parking is available, adding convenience for residents. With a manageable lot size of 0.02 acres, maintenance is minimal, allowing for efficient property management. This property is strategically positioned for rental income, with the potential for appreciation in a growing neighborhood. Investors can capitalize on the demand for affordable housing in the area, making this a prime addition to any real estate portfolio. Property is purchased in as is condition with no warranties or guarantees of any kind. Property may or may not be cleaned out

2749 N 24th St N, Philadelphia

$250,000

3 Beds ⋅ 1 Baths ⋅ PAPH2674958 MLS

This 3 story 3 bedroom home is right in the midst of Temple University. Close to public transit and walking distance to main campus. Beautiful hardwood floors, possible 4th bedroom on 2nd level or great office space. Kitchen in need of renovations but priced to sell quickly. Call for details and to make an appointment. Currently tenant occupied but lease end is 10/31/26.

2031 N 9th St, Philadelphia

$239,999

3 Beds ⋅ 3 Baths ⋅ PAPH2637760 MLS

ALL NEW! Welcome to 1922 W Somerset Street, a fully renovated home designed with modern living and convenience in mind. This unique property offers 3 spacious bedrooms and 3 full bathrooms, including a rare layout where each upstairs bedroom has access to its own private bathroom. As you enter, you'll immediately notice the beautiful hardwood flooring that extends throughout the home, complemented by a bright open-concept floor plan. The straight-through layout seamlessly connects the living area to the stunning kitchen, creating an ideal space for entertaining and everyday living. The kitchen is a true centerpiece, featuring elegant white and blue marble countertops, stylish cabinetry, stainless steel appliances, and designer tile accents in warm gray and brown tones. One of the home's standout features is the modern floating staircase leading to the second floor. Upstairs, you'll find two generously sized bedrooms, each with its own beautifully finished bathroom featuring contemporary vanities, stand-up showers, premium fixtures, and elegant pearlescent tile finishes. The primary suite offers an added touch of luxury with a standalone soaking tub, separate shower, and a spa-inspired atmosphere perfect for relaxation. Need first-floor living? This home also includes a convenient first-floor bedroom and a full bathroom, providing flexibility for guests, multigenerational living, or a home office. The fully finished basement offers approximately 300 square feet of additional living space and includes a washer and dryer, bringing the home's total estimated living space to approximately 1,500 square feet. Whether you envision a media room, game-day gathering space, home gym, or recreation area, the possibilities are endless. The basement's exterior cellar access adds both convenience and functionality. Additional upgrades include a brand-new roof, new windows throughout, a new forced-air heating system, central air conditioning, a new water heater, four modern black ceiling fans, new exterior paint, updated patios, and ceilings ranging from approximately 7.5 to 9 feet. With approximately 1,200 square feet above grade and an estimated 1,500 square feet of total living space, this home offers exceptional value and versatility. Every aspect of this home has been renovated with care, quality craftsmanship, and attention to detail. From the mechanical systems to the finishes, no shortcuts were taken in creating this move-in-ready residence. Don't miss the opportunity to make this beautiful home yours—schedule your private showing today, and let's make this deal happen for you! The property is currently generating $1700 a month.

1922 W Somerset St, Philadelphia

$79,900

3 Beds ⋅ 1 Baths ⋅ PAPH2673872 MLS

Three bedrooms, one bathroom, Great opportunity for a buyer. Needs tender love and care...

2546 N Garnet St, Philadelphia

$114,900

PAPH2673428 MLS

Shell condition, no internal access, CMX2 zoning, lots of possibilities

3143 N 15th St, Philadelphia

$139,900

2 Beds ⋅ 1 Baths ⋅ PAPH2673092 MLS

Welcome to 1016 W Arizona St! ✨This beautifully rehabbed and newly renovated home is in a convenient location, close to shopping, parks, hospitals, and just minutes from popular areas like Fishtown and Northern Liberties. A fresh, updated home in a location that keeps you close to everything! A hidden gem surrounded by plenty of new construction in a very homey community, this one is just waiting on someone to call it home! It’s definitely worth a look! 🏡

1016 W Arizona St, Philadelphia

$75,000

3 Beds ⋅ 1 Baths ⋅ PAPH2669894 MLS

Discover a prime investment opportunity in the heart of Philadelphia (North) with this charming 3-bedroom, 1-bathroom townhouse, built in 1925. This traditional brick structure offers a solid foundation for both seasoned investors and those looking to enter the rental market. This property need rehabbing. With a compact lot size of 0.02 acres, this property is designed for low maintenance and high rental demand. The interior features a versatile layout that can easily accommodate modern updates, allowing for increased rental income potential. The full basement provides additional storage or the possibility for creative renovations, enhancing the property's value. Located in a vibrant neighborhood, this townhouse is positioned for strong rental yields, given the area's growing appeal and proximity to local amenities. The absence of parking requirements simplifies management, while the traditional architecture ensures lasting marketability. Investors will appreciate the potential for appreciation in this up-and-coming area, coupled with the low entry cost typical of older homes. With no association fees and a straightforward ownership structure, this property can be a hassle-free addition to any portfolio. Seize the chance to capitalize on Philadelphia's real estate market with this promising investment. Schedule a viewing today and explore the possibilities! This property is AS IS AND THERE will be NO REPAIRS!!! Motivated Seller will entertain all offers.

2912 N Lecount St, Philadelphia

$65,000

3 Beds ⋅ 1 Baths ⋅ PAPH2671540 MLS

Investor opportunity. Property is a shell and is being sold strictly AS-IS.

2505 N 23rd St, Philadelphia

$100,000

3 Beds ⋅ 1 Baths ⋅ PAPH2671402 MLS

Opportunity is knocking in Sharswood. This 3-bedroom home is ready for someone with vision who wants more than a move-in-ready house—they want the chance to create equity from day one. With renovations already underway, this property could be a strong fit for a buyer using a 203(k) renovation loan to finish the home to their taste while rolling eligible improvements into the financing. The layout offers good-sized living spaces, original character, and plenty of room to turn this into a home that feels completely your own. Located in Sharswood, an area seeing continued redevelopment and investment, you’re also just minutes from Center City and everything Philadelphia has to offer. Whether you’re looking for your first home, thinking long-term about wealth building, or considering future rental potential, this one deserves a closer look. Picture finishing the renovation, moving in, and knowing you didn’t just buy your first home—you created something valuable from the ground up.

2509 Nicholas St, Philadelphia

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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.