Spruce Hill Real Estate

Spruce Hill Real Estate

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Newest Listings in Spruce Hill

$529,900
4 Beds 1 Baths
Classic Philadelphia charm, beautiful architectural details, and a one-car garage await at 4517 Larchwood Avenue. Situated in University City’s Spruce Hill neighborhood within the Penn Alexander School catchment, this four-bedroom, one-bath home offers approximately 1,696 square feet of above-grade living space and the opportunity to blend its enduring character with your own style. The enclosed front porch welcomes you with abundant windows and decorative glass. A glass-paneled doorway frames a view through the main living spaces, where a handsome wooden staircase, substantial moldings, and a brick fireplace surround create a warm, inviting setting. The spacious living room flows into a separate dining room, followed by a bright rear room with beautiful parquet flooring, ideal for a breakfast area, reading room, or additional gathering space. Multiple windows fill the kitchen with natural light. Upstairs, four bedrooms offer flexibility for sleeping, guests, or a home office. The full bathroom features a skylight, separate bathtub, and shower. A rear deck shared with the neighboring property provides outdoor space, while the basement offers laundry, storage, and workspace. The basement gym equipment is included in the sale, and the rear-entry garage provides convenient off-street parking. With distinctive details, flexible living spaces, and a University City location, this home is ready for its next chapter.

4517 Larchwood Ave, Philadelphia

Listing courtesy of Honest Real Estate. Contact: (215) 904-6001

$349,999
Prime investment opportunity in the highly desirable Spruce Hill neighborhood of Philadelphia. Ideally positioned within the thriving University City area, 5241 Walnut Street is a well maintained triplex offering three spacious 2 bedroom, 1 bathroom apartments, each occupying its own floor. The second floor unit is currently vacant, providing an immediate opportunity for an owner occupant or the ability to lease at today's market rents. The first floor apartment features its own private entrance along with direct access to the rear yard and unfinished basement, creating additional storage and utility space. Each apartment is equipped with its own HVAC system providing central heating and air conditioning, in unit washer and dryer, separate hot water heater, and individually metered water, gas, and electric. The owner also benefits from a separate electrical meter serving the common areas, simplifying property management. Spruce Hill continues to be one of Philadelphia's strongest rental markets thanks to its location adjacent to University City, one of the region's largest employment and innovation hubs. The neighborhood is home to a significant renter population and is consistently sought after by students, university faculty, healthcare professionals, researchers, and young professionals due to its proximity to major employers and educational institutions. University City alone supports nearly 80,000 jobs across healthcare, higher education, technology, and life sciences, creating a deep and stable tenant pool. Residents enjoy convenient access to the campuses of the University of Pennsylvania and Drexel University, as well as leading medical institutions including Penn Medicine and Children's Hospital of Philadelphia. Multiple SEPTA trolley routes, the Market Frankford Line, regional rail connections, and nearby 30th Street Station provide excellent connectivity throughout Philadelphia and beyond. The neighborhood also offers an abundance of local restaurants, cafés, parks, and shopping, further enhancing its long term appeal to renters. Whether you're looking to expand your investment portfolio or take advantage of an owner occupied opportunity with rental income, 5241 Walnut Street offers strong fundamentals in one of Philadelphia's most consistently desirable investment locations.

5241 Walnut St, Philadelphia

Listing courtesy of EXP Realty, LLC. Contact: 8883977352

$499,000
4 Beds 4 Baths
It appears I was lying. Truth be told, I didn't know. I didn't know until the inspection report(s) came in. I claimed there were three options. I was wrong. There is only one, and that's option 3, the gut rehab. What the inspections revealed is that this house is tore up from the floor up. And what fifty showings have revealed is that the average homebuyer is overwhelmed by the scope of work necessary to return this home to it's former glory. So I now turn to developers, and my pitch to you is your finished product will come to market priced between $900,000 and $1,000,000. The only thing you have to figure out is how much it'll cost to get there. Personally, I still think this is a great deal for an owner occupant; an owner occupant with a set of brass ones, big brass ones, and a close family friend who happens to own a construction company. Below, I have kept my original description, so you can see how a listing morphs over time... Smack dab in the middle of the catchment area, let me introduce you to 4314 Pine Street. You have options here; you can spend nothing and move in, you can drop $100K and do some improvements, or you can go whole hog and end up with million dollar total renovation. All three options make sense. It's up to you, your needs and desires, and your bank account. Please take the time to take a good look at the myriad possibilities this home offers.

4314 Pine St, Philadelphia

Listing courtesy of Common Ground Realtors. Contact: (215) 222-2300

$1,150,000
Exceptional investment opportunity in the heart of University City! This impressive multifamily property features 2 separate units, each offering 4 bedrooms and 2 full bathrooms, for a total of 8 bedrooms and 4 full bathrooms across approximately 3,780 square feet of living space. Built on a solid stone and brick foundation and recently renovated, the property combines classic Philadelphia architecture with modern upgrades, creating an attractive and functional living space for tenants. Each unit offers spacious bedrooms, updated kitchens and baths, and thoughtfully designed layouts that maximize comfort and usability. Ideally located just steps from University of Pennsylvania, Drexel University, Penn Medicine, this property sits in one of Philadelphia’s strongest and most consistent rental markets. Its proximity to major universities, public transportation, restaurants, cafes, and neighborhood amenities makes it highly desirable for students, faculty, medical professionals, and long-term tenants alike. With two well-configured units and strong rental demand in the surrounding area, 4320 Spruce Street presents an outstanding opportunity for investors seeking reliable cash flow and long-term appreciation. The property also offers flexibility for owner-occupants looking to live in one unit while renting the other, or investors exploring short-term rental potential (subject to local regulations).

4320 Spruce St, Philadelphia

Listing courtesy of RE/MAX Access. Contact: 2154002600

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