Philadelphia (Southwest) Homes under $350,000

Philadelphia (Southwest) Homes under $350,000

Welcome to the vibrant community of Southwest Philadelphia, a hidden gem that beautifully balances urban convenience with a welcoming neighborhood feel. Nestled within the bustling city of Philadelphia, this area offers an array of homes under $350,000, making it an ideal choice for first-time homebuyers, families, and savvy investors alike.

Southwest Philadelphia is characterized by its rich cultural diversity and strong sense of community. The neighborhood is known for its tree-lined streets, charming parks, and proximity to essential amenities, including schools, shopping centers, and public transportation. Residents enjoy easy access to the heart of Philadelphia, with its renowned restaurants, museums, and entertainment options just a short ride away.

The homes in Southwest Philadelphia offer a variety of styles and sizes, catering to different lifestyles and preferences. From cozy single-family homes to inviting townhouses, there’s something for everyone. Many properties boast features like spacious backyards, updated interiors, and potential for customization, allowing you to create your dream home without breaking the bank.

Living in Southwest Philadelphia means embracing a community that values connection and support. Local events and initiatives foster a friendly atmosphere where neighbors become friends. Whether you’re strolling through the nearby parks, enjoying local eateries, or engaging in community activities, you’ll find that this neighborhood offers a unique blend of urban living and suburban charm.

Discover your perfect home in Southwest Philadelphia today, where affordability meets a vibrant lifestyle. Let us help you navigate the exciting opportunities awaiting you in this dynamic community!

Newest Philadelphia (Southwest) Homes under $350,000

6407 Dicks Ave, Philadelphia
$219,900
3 Beds ⋅ 2 Baths ⋅ PAPH2671678 MLS
Welcome to 6407 Dicks Avenue—a beautifully renovated 3-bedroom, 1.5-bath home where the major work has already been done! Offered at $219,000, this property underwent an extensive rehabilitation in 2024, combining an updated interior with substantial mechanical and electrical improvements designed to provide comfort, efficiency, and peace of mind for years to come. From the moment you enter, you'll appreciate the fresh, move-in-ready feel and traditional Philadelphia straight-through layout. The main level provides comfortable living and dining areas with plenty of flexibility for everyday living, entertaining, or working from home. The renovated kitchen is one of the highlights of the home, featuring granite countertops, new appliances, updated finishes, and a clean contemporary look. Whether you're preparing a quick meal or entertaining family and friends, this kitchen provides an attractive and functional centerpiece for the home. The renovations continue with 1.5 beautifully updated bathrooms, giving the home the added convenience of a first-floor powder room in addition to the renovated full bath. Upstairs you'll find three bedrooms and the full bathroom, creating a practical layout for a variety of living arrangements. But the improvements at 6407 Dicks Avenue go well beyond what you can see. As part of the major 2024 rehabilitation, the property received significant upgrades to some of the home's most important—and expensive—systems. Improvements include a NEW HVAC system, NEW heat pump, NEW hot water heater, and NEW 200-amp electrical service. For buyers comparing homes in this price range, having these major improvements already completed can make a significant difference in both comfort and future ownership costs. The property also offers basement storage and utility space along with the added convenience of off-street driveway parking—a valuable feature in the city. Location adds another layer of convenience. Situated in Southwest Philadelphia's Elmwood Park area, 6407 Dicks Avenue provides easy access to neighborhood schools, shopping, parks, public transportation and major roadways. The location also provides convenient access toward Philadelphia International Airport, University City, the University of Pennsylvania and Drexel University, as well as employment, medical, educational and entertainment destinations throughout Center City and the surrounding area. Whether you're a first-time buyer, looking to move into a renovated home, or simply want to avoid taking on someone else's deferred maintenance, 6407 Dicks Avenue deserves your attention. With three bedrooms, 1.5 renovated baths, a new kitchen with granite countertops and new appliances, major mechanical upgrades, 200-amp electrical service and off-street parking, this home delivers a compelling combination of updates, convenience and value. The renovation is complete—the only thing missing is the next owner. Schedule your private showing and see what 6407 Dicks Avenue has to offer!

6407 Dicks Ave, Philadelphia

6813 Woodland Ave, Philadelphia
$189,900
PAPH2673750 MLS
Investor Opportunity with Significant Value-Add Potential! This property presents a unique opportunity for an experienced investor looking to reposition and maximize a multi-family asset. Currently configured as 5 units, the property previously generated approximately $3,600 per month when fully occupied, with potential for increased rental income through improvements and optimization. The property was previously a legal triplex and formerly carried RM-1 zoning; however, it is currently zoned RSA-3 (single-family). The seller has already initiated the zoning process and was advised that pursuing approval for 4 units may be the most straightforward path. Buyer will be responsible for completing the zoning process and independently verifying permitted use. The surrounding block includes numerous multifamily properties, providing additional context for the property's potential. For investors considering the upside, legal triplex properties have sold in the area for approximately $270,000, offering a useful reference point when evaluating the potential value and equity opportunity associated with successfully restoring a legal multifamily use. The property currently has one paying tenant at $800/month. Each unit has a separate water heater, while the building currently operates from one shared house heating system. An investor may consider converting to individual mini-split systems, electric baseboard heat, or another separately controlled system as part of the property's renovation and repositioning. This is an opportunity for an investor who understands the zoning and value-add process to acquire a property with an existing five-unit configuration, prior legal multi-family history, established rental-income potential, and multiple avenues for repositioning. Property is being sold in its current condition. Buyer is responsible for all zoning, use, licensing, and due-diligence verification.

6813 Woodland Ave, Philadelphia

6813 Woodland Ave, Philadelphia
$189,900
3 Beds ⋅ 5 Baths ⋅ PAPH2673478 MLS
Investor Opportunity with Significant Value-Add Potential! This property presents a unique opportunity for an experienced investor looking to reposition and maximize a multi-family asset. Currently configured as 5 units, the property previously generated approximately $3,600 per month when fully occupied, with potential for increased rental income through improvements and optimization. The property was previously a legal triplex and formerly carried RM-1 zoning; however, it is currently zoned RSA-3 (single-family). The seller has already initiated the zoning process and was advised that pursuing approval for 4 units may be the most straightforward path. Buyer will be responsible for completing the zoning process and independently verifying permitted use. The surrounding block includes numerous multifamily properties, providing additional context for the property's potential. For investors considering the upside, legal triplex properties have sold in the area for approximately $270,000, offering a useful reference point when evaluating the potential value and equity opportunity associated with successfully restoring a legal multifamily use. The property currently has one paying tenant at $800/month. Each unit has a separate water heater, while the building currently operates from one shared house heating system. An investor may consider converting to individual mini-split systems, electric baseboard heat, or another separately controlled system as part of the property's renovation and repositioning. This is an opportunity for an investor who understands the zoning and value-add process to acquire a property with an existing five-unit configuration, prior legal multi-family history, established rental-income potential, and multiple avenues for repositioning. Property is being sold in its current condition. Buyer is responsible for all zoning, use, licensing, and due-diligence verification.

6813 Woodland Ave, Philadelphia

7402 Dicks Ave, Philadelphia
$190,000
2 Beds ⋅ 2 Baths ⋅ PAPH2672128 MLS
This property may qualify for CRA financing with as little as 3% down and no Private Mortgage Insurance (PMI). The program may also offer a lower interest rate than FHA financing, helping eligible buyers potentially reduce their upfront and monthly costs. Buyer qualification and program terms apply. HWA home warranty through HWA will be included in the sale of the property providing added peace of mind for the buyer. Welcome to this row rancher located in the Southwest Philadelphia neighborhood. This home offers a practical layout with 2 bedrooms and 1 full bathroom on the main level, providing comfortable everyday living. The fully finished basement expands the living space and features a large family room, a half bathroom, and additional flexibility for recreation, entertaining, or a home office. Key Bank is offering a 5K credit for this property which can be tied in with the Philly First 10K grant. The 5K credit can be applied toward closing costs or to prepay mortgage, flood/hazard insurance, escrow deposit, real estate taxes, or per diem interest. Outside, the property offers excellent parking convenience with a front garage, driveway parking, and additional parking in the rear, along with a yard for outdoor enjoyment. Nearby parks include Elmwood Park, Suffolk Park, and Paschall Playground, offering additional options for outdoor recreation. A great opportunity to own a spacious ranch-style row home with versatile living space and ample parking in Southwest Philadelphia. Please note that this is as-is sale and it will not be cleaned out. Schedule your showing today!

7402 Dicks Ave, 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.