Franklinville Homes under $500,000

Franklinville Homes under $500,000

Welcome to Franklinville, a hidden gem nestled in the vibrant heart of Philadelphia, PA. This charming subdivision offers a unique blend of suburban tranquility and urban convenience, making it an ideal place for families, young professionals, and anyone looking to enjoy the best of both worlds.

Franklinville is characterized by its welcoming community and diverse neighborhoods, where tree-lined streets and well-maintained parks create a picturesque backdrop for everyday living. With a strong sense of community, residents often gather at local events, fostering friendships and connections that make this area feel like home.

One of the standout features of Franklinville is its affordability. Homes in this delightful subdivision can be found for under $500,000, making it an attractive option for first-time homebuyers or those looking to downsize without sacrificing quality of life. These properties often boast spacious layouts, modern amenities, and charming architectural details that reflect the rich history of the area. Imagine settling into a cozy three-bedroom home with a backyard perfect for summer barbecues or a quaint townhouse just steps away from local shops and dining.

Location is key, and Franklinville doesn’t disappoint. With easy access to major highways and public transportation, commuting to downtown Philadelphia or exploring the surrounding areas is a breeze. Plus, residents enjoy proximity to a variety of parks, schools, and recreational facilities, ensuring there’s always something to do.

If you’re searching for a community that combines affordability, charm, and convenience, look no further than Franklinville. Your dream home awaits in this thriving Philadelphia neighborhood!

Newest Franklinville Homes under $500,000

1241 W Tioga St, Philadelphia
$415,000
An excellent opportunity for investors looking to complete a renovation and expand their rental portfolio! Currently configured as a triplex, with approximately 90% of the renovation work completed, this property offers a head start toward creating an income-producing investment. Finish the remaining work and prepare the units for future tenants. Located just one block from Shriners Children’s Hospital and the Lewis Katz School of Medicine at Temple University, the property is well positioned for investors seeking a long-term rental opportunity. Bring your contractor, explore the possibilities, and see how this property could complement your portfolio!

1241 W Tioga St, Philadelphia

Listing courtesy of SJI Jackson Realty, LLC. Contact:

3731 N Darien St, Philadelphia
$50,000
2 Beds ⋅ 1 Baths
Fantastic investment opportunity in North Philadelphia! Located at 3731 N Darien St, this 2-bedroom, 1- bathroom home is a full rehab project with immense potential for investors, flippers, or handy buyers. Bring your contractor and vision to transform this property into a lucrative rental or resale. Buyer is responsible for all closing costs and both sides of transfer tax. Property is being sold in as is condition.

3731 N Darien St, Philadelphia

Listing courtesy of The Greene Realty Group. Contact:

1211 W Tioga St, Philadelphia
$155,000
Bring your vision to life with this three-story home offering 1,797 square feet of potential in the Franklinville neighborhood of North Philadelphia. This RM1 Zoned property requires a complete renovation from top to bottom presenting a blank canvas for buyers ready to transform the space and customize it to their goals. This property can be used as a single family or multi-family by right. For investors seeking their next renovation project or a long-term addition to their rental portfolio, this home offers an opportunity to explore the possibilities. Buyers looking to create a personalized residence can select their own finishes and reimagine the interior to suit their needs. Bring your contractor and ideas, and discover the potential this property has to offer!

1211 W Tioga St, Philadelphia

Listing courtesy of SJI Jackson Realty, LLC. Contact:

635 W Venango St, Philadelphia
$195,000
5 Beds ⋅ 2 Baths
Do you need extra space??? Discover the charm of this large, 3 Story, 5-bedroom, 1.5-bathroom single/stand alone, home nestled in Franklinville. This detached residence boasts quite a bit of the home's original woodwork and craftsmanship that stands the test of time. With 2,130 square feet of finished living space, this home offers more space than most homes in the area. Step inside to find an entrance hall with the charm of years gone by. There is a large living room with crown moulding, spacious formal Dining Room and an Eat In Kitchen. At the rear of the first floor is full Bathroom and Laundry Room. The high ceilings and layout invites creativity, personalization and updates you may want to make. On the 2nd and 3rd Floors, there are 5 spacious Bedrooms and an updated Full Bath with a beautiful, walk in shower. The full basement provides plenty of storage or workshop space. Enjoy the low-maintenance lot and large back yard, perfect for entertaining or pets. This home is just a stone's throw away from local amenities, parks, and dining options, making it an ideal spot for those seeking convenience. Whether you're looking to create your own home, or possibly an investment, this property is a canvas waiting for your personal touch. Don't miss the opportunity to make this charming residence your own! Please note there is construction taking place on the block that the city said will be completed by end of October.

635 W Venango St, Philadelphia

Listing courtesy of Better Homes Realty Group. Contact:

3308 N 11th St, Philadelphia
$61,000
3 Beds ⋅ 1 Baths
Opportunity awaits at 3337 N 11th Street! Conveniently located in North Philadelphia with close proximity to Temple University Hospital and public transportation, this property offers an excellent opportunity for an investor, rehabber, or buyer looking to add value. The home has already benefited from several notable improvements, including a newer boiler, newer kitchen, newer vinyl siding at the rear of the property, and a newer shingle roof over the rear portion of the home. The property had previously been tenant occupied and was not maintained to its full potential, so some significant repairs, updating, and maintenance will be needed. The asking price has been positioned accordingly, giving the next owner the opportunity to make the necessary improvements and bring the home back to its potential. With its convenient location near Temple University Hospital, access to public transportation, and proximity to neighborhood shopping, services, and major routes throughout Philadelphia, this property offers plenty of possibilities. Whether you’re looking for your next renovation project, investment property, or a home you can customize to your own taste, 3337 N 11th Street is worth a look.

3308 N 11th St, Philadelphia

Listing courtesy of Compass Pennsylvania, LLC. Contact:

734 W Russell St, Philadelphia
$65,000
3 Beds ⋅ 1 Baths
Your next project is ready to go with major renovation work already completed. This Philadelphia rowhome has been fully gutted and professionally framed, saving you valuable time, labor, and renovation costs. Bring your vision to life and finish the project your way while maximizing your return on investment. this property offers endless potential for the right buyer Property is being sold AS-IS. Opportunities like this don't come around often—schedule your showing today before it's gone!

734 W Russell St, Philadelphia

Listing courtesy of Giraldo Real Estate Group. Contact:

3910 N Marshall St, Philadelphia
$185,000
This property qualifies for CRA financing with 3% down, no PMI, and an interest rate lower than FHA. HWA home warranty will be included in the sale of the property. The program is available for an owner-occupied principal residence, so the buyer must occupy the property as their primary residence. Flexible Duplex Investment Opportunity! This duplex offers multiple income-producing possibilities with a flexible layout, making it an ideal opportunity for both investors and owner-occupants. The property includes a rental license for two residential rental units. The second floor features a 2-bedroom, 1-full bath apartment that is currently tenant-occupied, and the tenant would like to remain after the sale, providing immediate rental income for the new owner. The first floor offers a 2-bedroom, 2-full bathroom unit with access to a full basement, which includes an additional full bathroom and additional common area, adding even more flexibility and functionality. Units A and B are currently leased through October 2nd, generating $1,200 and $1,300 per month. The property is all-electric, with no gas service, and includes a recently installed water meter (approximately two years old). A small backyard provides outdoor space for tenants or personal enjoyment. The property has a valid use permit for a duplex and active rental license. Additionally, KeyBank is offering a $5,000 lender credit, which may be combined with the Philly First $10,000 Grant. The lender credit may be applied toward closing costs, prepaid mortgage expenses, hazard or flood insurance, escrow deposits, real estate taxes, or per diem interest. The program is available for an owner-occupied principal residence, so the buyer must occupy the property as their primary residence. The property is being sold strictly AS-IS. The seller will not make any repairs or provide credits for repairs. Zoning compliance would be the buyer’s responsibility. A minimum of 24 hours' notice is required for all showings due to the occupied units. Conveniently located near Hunting Park, Marcus Foster Memorial Stadium, Mann Recreation Center, shopping, dining, and public transportation, this property offers easy access to everyday amenities and major commuter routes. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this property presents an outstanding opportunity. Schedule your private showing today!

3910 N Marshall St, Philadelphia

Listing courtesy of LPT Realty, LLC. Contact:

3910 N Marshall St, Philadelphia
$185,000
4 Beds ⋅ 3 Baths
This property qualifies for CRA financing with 3% down, no PMI, and an interest rate lower than FHA. HWA home warranty will be included in the sale of the property. Flexible Duplex Investment Opportunity! This duplex offers multiple income-producing possibilities with a flexible layout, making it an ideal opportunity for both investors and owner-occupants. The property includes a rental license for two residential rental units. The second floor features a 2-bedroom, 1-full bath apartment that is currently tenant-occupied, and the tenant would like to remain after the sale, providing immediate rental income for the new owner. The first floor offers a 2-bedroom, 2-full bathroom unit with access to a full basement, which includes an additional full bathroom and additional common area, adding even more flexibility and functionality. Units A and B are currently leased through October 2nd, generating $1,400 and $1,300 per month. The property is all-electric, with no gas service, and includes a recently installed water meter (approximately two years old). A small backyard provides outdoor space for tenants or personal enjoyment. The property has a valid use permit for a duplex and active rental license. This property qualifies for CRA financing with 3% down, no PMI, and an interest rate lower than FHA for qualified buyers. Additionally, KeyBank is offering a $5,000 lender credit, which may be combined with the Philly First $10,000 Grant. The lender credit may be applied toward closing costs, prepaid mortgage expenses, hazard or flood insurance, escrow deposits, real estate taxes, or per diem interest. The property is being sold strictly AS-IS. The seller will not make any repairs or provide credits for repairs. Zoning compliance would be the buyer’s responsibility. A minimum of 24 hours' notice is required for all showings due to the occupied units. 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. Conveniently located near Hunting Park, Marcus Foster Memorial Stadium, Mann Recreation Center, shopping, dining, and public transportation, this property offers easy access to everyday amenities and major commuter routes. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this property presents an outstanding opportunity. Schedule your private showing today!

3910 N Marshall St, Philadelphia

Listing courtesy of LPT Realty, LLC. Contact:

3628 N Warnock St, Philadelphia
$143,900
3 Beds ⋅ 1 Baths
Welcome to your new home at 3628 North Warnock Street! This beautifully renovated property features three spacious bedrooms, one modern bath, and a full basement. Enjoy cooking in a sleek kitchen with granite countertops and stainless steel appliances. The home boasts stylish vinyl gray floors throughout, complemented by elegant recessed lighting. Plus, you'll love the convenience of quaint backyard, perfect for relaxing or entertaining. Don’t miss out on this gem—schedule a tour today!

3628 N Warnock St, Philadelphia

Listing courtesy of OCF Realty LLC - Philadelphia. Contact:

3813 N 8th St, Philadelphia
$109,900
3 Beds ⋅ 1 Baths
**FRANKLINVILLE 3 BED/1 BATH RENOVATED**This is part of a Portfolio containing 6 Multifamily buildings and 1 single family house but can be purchased individually. Most properties are located in the desirable Temple Town and Temple Hospital areas. Majority of the units are rented. Properties are in good condition and this package is a nice long-term investment. A full agreement of sale and Proof of funds is required, and with agreeable terms and conditions, a 10-day due diligence will be granted to buyer with a full property tour and financials. Seller is requesting to sell all 9 units, however, is open to selling single properties . All offers will be presented and proof of funds with financial strength is required. All units are legal Multifamily and have been lead tested with rental licenses. All deposit checks/wires must be received within 48 hours of a signed agreement of sale. These rental homes will offer a good yield as Philadelphia continues to build momentum.

3813 N 8th St, Philadelphia

Listing courtesy of KW Empower. Contact:

3666 N Percy St, Philadelphia
$169,000
Back on the Market! Mortgage fell through!!! Huge corner building in the Franklinville section of Philadelphia! This property has great potential and may be your cash cow. Legal commercial with two dwellings! The first floor is available for a commercial business. It used to be an auto tag. You may turn it into a corner convenience store, tax office, multi-service store, etc. There are two additional apartments above. The second floor unit has two bedrooms, one bathroom. The third floor unit has three bedrooms and one bathroom. This property is ready for the new investor or owner occupant. You may live in one unit and collect rent from the other units to pay your mortgage or collect rent from all three units! The potential is there. Convenient location. Close to public transportation, stores, health centers, supermarket, schools, etc. Property Sold As-is Condition.

3666 N Percy St, Philadelphia

Listing courtesy of Central Realty Group LLC. Contact:

no property photo
$120,000
3 Beds ⋅ 1 Baths
Back to the market! Introducing this charming home at 3845 N 7th St which features an enclosed porch, three bedrooms, and one bath on the second floor. The living room, dining room, and kitchen open space allow for easy interaction and a warm ambiance throughout the main level. The high ceilings in the basement create a sense of openness and provide endless possibilities for additional storage. This home is in a move-in condition and will be great for you the homebuyer. A major renovation was done in 2018, including the roof. The home was just freshly painted and ready for the new homebuyer. Don't miss out on this fantastic opportunity, contact your agent, schedule you’re showing today, and make this house your dream home.

3845 N 7th St, Philadelphia

Listing courtesy of BHHS Fox & Roach-Jenkintown. Contact:

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