West Philadelphia Homes under $500,000

West Philadelphia Homes under $500,000

Welcome to West Philadelphia, a vibrant and diverse neighborhood that captures the essence of urban living while offering the charm of a close-knit community. Nestled in the heart of Philadelphia, this area is known for its rich history, cultural diversity, and an array of amenities that cater to residents of all ages.

West Philadelphia boasts a fantastic selection of homes priced under $500,000, making it an ideal choice for first-time buyers, families, and investors alike. From beautifully restored Victorian townhouses to modern condos, there’s something for everyone in this dynamic market. The architectural styles reflect the neighborhood's heritage, with many homes featuring classic brick facades and inviting front porches that beckon you to relax and enjoy the surroundings.

Beyond the homes, West Philadelphia is a treasure trove of parks, local shops, and eateries that showcase the area's unique character. Spend your weekends exploring the lush green spaces, such as Clark Park, where you can enjoy picnics, farmers' markets, and community events. The neighborhood is also home to a rich array of cultural institutions, including the renowned University of Pennsylvania and the historic Please Touch Museum.

With convenient access to public transportation and major highways, commuting to Center City or other parts of Philadelphia is a breeze. West Philadelphia is not just a place to live; it’s a community that fosters connection and growth. Discover your dream home in this charming neighborhood today, and experience all that West Philadelphia has to offer!

Newest West Philadelphia Homes under $500,000

882 N Fallon St, Philadelphia
$219,000
4 Beds ⋅ 2 Baths ⋅ PAPH2679230 MLS
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

5307 Walnut St, Philadelphia
$285,000
4 Beds ⋅ 2 Baths ⋅ PAPH2678990 MLS
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. 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

5041 Arch St, Philadelphia
$185,000
4 Beds ⋅ 1 Baths ⋅ PAPH2678690 MLS
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

129 S 63rd St, Philadelphia
$409,900
PAPH2667562 MLS
**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

5513 Webster St, Philadelphia
$319,900
3 Beds ⋅ 3 Baths ⋅ PAPH2677524 MLS
Thoughtfully restored park-facing 3-bedroom, 2.5-bath home where original Philadelphia character meets a complete modern renovation. Overlooking a park, this home retains details that simply can’t be recreated: beautifully restored 100 year-old pine floors, original foyer woodwork, and the original staircase with distinctive heart-detail spindles. The restoration pairs that historic character with extensive modern updates, including new plumbing, electrical, HVAC, windows, and appliances. The custom kitchen is the centerpiece of the home, featuring warm wood cabinetry, a statement wood range hood, quartz countertops, brass accents, custom tilework, and a striking patterned floor. Upstairs, the primary suite includes a private bath finished with rich green tile, warm terracotta flooring, brass fixtures, and carefully selected vintage-inspired details. An additional full hall bath continues the home’s warm, timeless design, while a convenient first-floor powder room completes the 2.5-bath layout. Outside, enjoy a rear deck and generously sized backyard, while the front of the home looks directly onto the park. Located on a welcoming residential block with an abundance of parking, 5513 Webster offers the rare combination of historic character, thoughtful design, and the peace of mind that comes with extensively updated systems. Eligible buyers may qualify for substantial homebuyer assistance through City of Philadelphia and Pennsylvania Housing Finance Agency programs, including down-payment and closing-cost assistance. Programs such as Philly First Home, PHFA K-FIT, K-DATE, and other financing incentives may be available depending on buyer qualifications.

5513 Webster 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.