Powelton Village Homes under $700,000

Fantastic Investment or Owner-Occupant Opportunity! Don’t miss this well-maintained triplex in the thriving West Powelton neighborhood, offering a combination of existing rental income and flexibility for an owner-occupant or investor. The property features three units with a total of eight bedrooms. The spacious bi-level four-bedroom, two-bath unit includes a kitchen, two living areas, and a private patio. The second and third floors each feature an updated two-bedroom, one-bath apartment. One of the three units is currently vacant, providing an excellent opportunity for an owner-occupant to live in one unit while generating rental income from the other two, or for an investor to lease all three units and maximize the property's income potential. Each apartment features hardwood and ceramic tile flooring, modern kitchens with gas stoves, in-unit washers and dryers, and individual heating and central air conditioning. Recent improvements include newer HVAC systems in Units A, B, and C, vinyl siding, a new water service line, a new dishwasher in Unit A, and a new range and microwave in Unit C. Ideally located in West Powelton, the property is just minutes from the University City Science Center, Drexel University, and the University of Pennsylvania, as well as numerous dining, coffee, and entertainment options. Multiple SEPTA transportation options provide convenient access throughout the city, while Center City is less than ten minutes away by car or bicycle. Whether you're looking for an income-producing investment, an owner-occupied property with rental income to offset your housing costs, or an opportunity to lease all three units, this versatile triplex offers an attractive combination of location, functionality, and upside potential.

516 N Preston St, Philadelphia

Listing courtesy of Compass Pennsylvania, LLC. Contact:

$450,000

Don’t miss this turnkey duplex located in the highly desirable West Powelton area of University City. This renovated property is fully leased through August of 2027, presenting an excellent opportunity for investors. With new developments on the rise, this property combines a charming original façade with updated interior finishes. Unit A offers 2 bedrooms and 1 bathroom, featuring hardwood flooring, an updated kitchen, a ceramic tile bathroom, and a full basement for laundry and extra storage. Unit B is a bi-level 4-bedroom, 2-bathroom unit that also showcases hardwood flooring, a modern kitchen and bathrooms, and in-unit laundry. Both units are separately metered and equipped with central HVAC. Conveniently located within walking distance to Drexel, UPenn, Presbyterian Hospital, Vidas Athletic Fields, and a variety of local restaurants and cafes, this property also provides easy access to multiple SEPTA bus routes, including the Market-Frankford Line and the Lancaster Ave #10 trolley. Just minutes from 30th Street Station, you'll have access to all regional train lines. Additionally, you're close to the vibrant attractions of Center City Philadelphia, the Art Museum, and the Philadelphia Zoo.

4031 Green St, Philadelphia

Listing courtesy of Compass Pennsylvania, LLC. Contact:

$399,500

3 Beds ⋅ 1 Baths

Welcome to 440 N 38th Street, where classic Philadelphia character meets an exceptional Powelton Village location. Dating back to the 1870's, this three-story home features large bedrooms, high ceilings, and original hardwood floors complete with hand-cut nails. Step up the original marble steps and through the vestibule, framed by a transom window and the original glass-paneled interior door, into the bright and welcoming living room. The floors’ rich grain and warm patina set the tone, while tall windows fill the first floor with the natural light. An open connection between the living room, dining area, and kitchen creates an easy flow for everyday living and entertaining, while the center staircase creates distinct areas for living and dining. The length of the first floor wall has been smartly adorned with pegs perfect for hanging coats, dog leashes, or backpacks. The kitchen pairs painted cabinetry with warm wood countertops, gas cooking, a dishwasher, and generous storage for its footprint. The farmhouse sink offers a built-in drying area for dishes, helping to keep the countertops clear and there is plenty of space for a dining area. Just beyond, a small, enclosed brick patio offers a tucked-away spot for container gardening and wraps around to a side patio area. Access to the street by way of a private alley makes daily chores like taking out the trash or bringing in bikes and strollers a snap! Originally designed as a four-bedroom house, 440 N 38th Street’s second floor has been set up as an owner’s suite, offering a spacious front bedroom with tall windows and reading nook, as well as a bonus room suited to a home office, nursery, or dressing area. The full bathroom, with a tub/shower combination, built-in shelving, a large window, and a storage closet, rounds out the second floor. Upstairs, two additional bedrooms occupy the third floor, one with exposed brick adding another layer of texture and character. These two rooms are filled with light and are, by anyone’s standards, large. The basement offers plenty of storage, along with a laundry area and a workshop area for tools and supplies—a necessity for any homeowner buying a piece of Philadelphia history. What’s more, the location cannot be beat. Powelton Village is brimming with distinctive architecture, neighborhood character, and a strong sense of community. Multiple campuses and hospitals are nearby, while access to SEPTA and 30th Street Station keeps Center City and destinations beyond Philadelphia within convenient reach. With authentic details, large bedroom spaces, and a location that connects you to so much of the city, 440 N 38th Street is not to be missed.

440 N 38th St, Philadelphia

Listing courtesy of Compass Pennsylvania, LLC. Contact:

$699,000

On a tree-lined premier Powelton Village block in University City, West Philly, this 3-story, 3400++ sf twin is legally zoned for 2-family use. Converted many years ago, it features a first floor 2BR, 1 bath rental apartment plus an upper unit designed for an owner-occupant. The bilevel owners unit has a large living room open to its adjacent kitchen plus 5 additional rooms which can be whatever you want - bedrooms, work-at-home spaces, perhaps a library or a family room. There are 3 full baths, and a little second floor deck off of the living room has steps giving access down to the secluded rear yard._____ Described in the Powelton Village Community Association’s neighborhood history as a “Second Empire style double” circa 1875, the house retains many original features: woodwork, hardwood flooring, decorative marble mantles and the “split level” staircases & hallways of its era. The owner restored the front porch so that it once again is a great outdoor space overlooking the front garden & the block._____ Currently unoccupied, the property offers multiple possibilities for its next owners. A first-time buyer could move into the smaller unit and maximize income from the larger unit to help pay down the mortgage - or, move into the large upper unit and use the 2BR apartment’s rent toward the mortgage. Or, the extra apartment can house relatives or an au pair. If the buyer later wants more space, they need only to open a few hallway doors to use the entire house themselves._____ Powelton Village’s historic buildings were added to the Philadelphia Register of Historic Places in 2022, forever protecting this beautiful neighborhood from future tear-downs. Plus, the location is in the catchment area for the recently built Samuel Powel K-4 grade school and Science Leadership Academy Middle School. Drexel University and the University of Pennsylvania are an easy walk, and abundant public transportation options can take riders to center city and beyond.

3707 Hamilton St, Philadelphia

Listing courtesy of Compass Pennsylvania, LLC. Contact:

$699,000

7 Beds ⋅ 4 Baths

On a tree-lined premier Powelton Village block in University City, West Philly, this 3-story, 3400++ sf twin is legally zoned for 2-family use. Converted many years ago, it features a first floor 2BR, 1 bath rental apartment plus an upper unit designed for an owner-occupant. The bilevel owners unit has a large living room open to its adjacent kitchen plus 5 additional rooms which can be whatever you want - bedrooms, work-at-home spaces, perhaps a library or a family room. There are 3 full baths, and a little second floor deck off of the living room has steps giving access down to the secluded rear yard._____ Described in the Powelton Village Community Association’s neighborhood history as a “Second Empire style double” circa 1875, the house retains many original features: woodwork, hardwood flooring, decorative marble mantles and the “split level” staircases & hallways of its era. The owner restored the front porch so that it once again is a great outdoor space overlooking the front garden & the block._____ Currently unoccupied, the property offers multiple possibilities for its next owners. A first-time buyer could move into the smaller unit and maximize income from the larger unit to help pay down the mortgage - or, move into the large upper unit and use the 2BR apartment’s rent toward the mortgage. Or, the extra apartment can house relatives or an au pair. If the buyer later wants more space, they need only to open a few hallway doors to use the entire house themselves._____ Powelton Village’s historic buildings were added to the Philadelphia Register of Historic Places in 2022, forever protecting this beautiful neighborhood from future tear-downs. Plus, the location is in the catchment area for the recently built Samuel Powel K-4 grade school and Science Leadership Academy Middle School. Drexel University and the University of Pennsylvania are an easy walk, and abundant public transportation options can take riders to center city and beyond.

3707 Hamilton St, Philadelphia

Listing courtesy of Compass Pennsylvania, LLC. Contact:

$410,000

3 Beds ⋅ 2 Baths

Here’s a very rare opportunity to buy a modest-sized - but not small - house in a historic West Philly neighborhood where resident kids are guaranteed attendance at a highly-regarded public grade school and middle school.___ Located on a classic Powelton Village block in University City, Philadelphia, this two-story Colonial Revival rowhouse c.1922 combines original details that everybody raves about - hardwood flooring, a handsome wooden staircase and a beamed ceiling in the living room - with a unique redo of the kitchen to keep it from looking TOO modern, and recent full and half baths.___ Measuring approximately 1300 interior sf, the 3 bedroom house sits perched on a little hill with a vintage enclosed front porch overlooking historic, tree-lined Hamilton St. The 82’ long lot is much deeper than those of other nearby 2-story properties so there’s plenty of back yard space, and there’s also alley access and a basement entry which make for easy bicycle storage.___ Powelton Village’s historic buildings were added to the Philadelphia Register of Historic Places in 2022, forever protecting this beautiful neighborhood from future tear-downs. Plus, the location is in the catchment area for the recently built Samuel Powel k-4 grade school and Science Leadership Academy Middle School.

3727 Hamilton St, Philadelphia

Listing courtesy of Compass Pennsylvania, LLC. Contact:

$350,000

With a total finished area of 2,219 square feet, this interior row townhouse is not just a home; it's a strategic asset poised for significant returns. The exterior features of this property are designed for both functionality and appeal. The presence of street lights and sidewalks enhances the neighborhood's safety and accessibility, making it attractive for potential tenants. The property is conveniently located within a mile of a commuter rail station and a metro/subway station, ensuring easy access to public transportation. This prime location is less than 10 miles from the airport, making it ideal for professionals and travelers alike. Investors will appreciate the full, unfinished basement, offering ample potential for additional storage or future renovations that could increase rental income. The property's good condition means minimal immediate repairs, allowing for a smooth transition into rental management. The lot size of 0.04 acres provides a manageable outdoor space, while on-street parking ensures convenience for residents and guests. The interior features include a combination of tile/brick, vinyl, and wood flooring, which not only adds character but also reduces maintenance costs over time. The in-unit laundry facilities, complete with a washer and dryer, are a significant draw for tenants, enhancing the property's rental appeal. This property allows for a hassle-free investment experience. The owner covers essential utilities such as water, sewer, and common area maintenance, simplifying management and ensuring predictable expenses. Whether you're a seasoned investor or new to the market, this property offers a unique blend of charm, convenience, and opportunity. Don't miss your chance to secure a valuable asset in a thriving neighborhood!

3839 Haverford Ave, Philadelphia

Listing courtesy of RE/MAX Preferred - Newtown Square. Contact:

$500,000

7 Beds ⋅ 4 Baths

Investor’s dream in the heart of Powelton Village! This spacious 7-bedroom, 4-bath home at 3637 Spring Garden Street, Philadelphia offers incredible potential in a highly desirable location. Step inside to a welcoming living room upon entry, leading into a classic layout ready for your vision. The property features three stories of living space, a full basement, and an enclosed porch, providing ample square footage and flexibility for renovation or redevelopment. Perfect for investors or savvy buyers, this home is ideal for a rental portfolio, multi-tenant use, or a full restoration project. Conveniently located near universities, public transportation, dining, and the Art Museum. Don’t miss this opportunity to own a large property with endless possibilities in one of West Philadelphia’s most sought-after neighborhoods.

3637 Spring Garden St, Philadelphia

Listing courtesy of Compass Pennsylvania, LLC. Contact:

$545,000

Income-producing corner triplex in Powelton Village, adjacent to University City. Two units are currently leased, with one unit vacant and ready for a new tenant. At full occupancy, current rents total $3,991 per month, or $47,892 annually. For investors who prefer to self-manage, the estimated cap rate is approximately 6.35% based on current income and normalized expenses. The property consists of one 1-bedroom, 1-bath apartment with a private side patio and two 2-bedroom, 1-bath apartments. All three units have updated bathrooms. Additional features include separate electric meters, shared basement laundry, accessible mechanicals, and one water heater replaced in 2026. Located near Drexel University, University of Pennsylvania, CHOP and Penn Presbyterian Medical Center, with convenient access to public transportation and Center City. The corner location provides additional natural light and a more open feel than a typical interior row property. The property is currently professionally managed. Income, leases and expense information are available upon request.

3800 Spring Garden St, Philadelphia

Listing courtesy of Coldwell Banker Residential Brokerage - Princeton. Contact:

$658,000

2 Beds ⋅ 3 Baths

An assigned parking space and the community’s only EV charger provide added convenience. Located minutes from 30th Street Station and approximately 30 minutes from Philadelphia International Airport, this residence offers access to major transportation routes, nearby universities, medical centers, and city amenities. Thoughtfully appointed with Thermador and Bosch appliances, Toto bidet seats, and a rooftop retreat featuring sweeping Philadelphia skyline views and views of the Philadelphia Museum of Art fireworks. A refined urban residence designed for comfort, convenience, and modern living.

3200 Summer St Unit 7, Philadelphia

Listing courtesy of Houwzer, LLC. Contact:

$299,999

4 Beds ⋅ 2 Baths

An incredible turn-key investment property! 3120 Haverford is A 4-bedroom, 2-bathroom house with fresh paint and new flooring throughout. Currently rented through August 31, 2027 for $2,600 per month starting 9/1/26. This property is cash flowing in a prime Drexel University off campus student housing location! The property boasts a well established record of Tenant payment history. Additionally, this is a great opportunity for a new owner to acquire a well-located property and benefit from continued neighborhood appreciation. May also be purchased along with other properties in the area in a package deal. Please inquire for details. Inside, you will find a welcoming enclosed porch before you enter the first floor, which offers a spacious living and dining area, perfect for gatherings. The kitchen is equipped with a gas stove, dishwasher, and ample cabinet and storage space. The home includes two full bathrooms located on the 2nd and 3rd floors, along with four generously sized bedrooms offering plenty of closet space. The home also features a spacious, private backyard, ideal for entertaining or relaxing. The large basement features a washer and dryer, and abundant room for storage. Within walking distance to Drexel University and all the dining and entertainment the area has to offer, this property is perfect to add to your portfolio. Schedule your appointment today!

3120 Haverford Ave, Philadelphia

Listing courtesy of Plus Realtors. Contact:

$315,000

5 Beds ⋅ 2 Baths

Fannie Mae Homepath property. Large, 3 story, 5 bedroom, 2 bath townhome located just off of 32nd and Haverford Ave and close to Drexel University. First floor features a large living room with luxury vinyl plank flooring, a brand new full bath plus an ultra modern eat-in kitchen with all new stainless steel appliances. Three nice sized bedrooms in the 2nd floor with a brand new full tile bath. Two additional bedrooms on the 3rd floor. Large basement plus nice sized rear yard. Conveniently located close to the Art Museum, Benjamin Franklin Parkway, West River Drive, Fairmont Park, The Schuylkill River and The Philadelphia Zoo. First time buyers can receive up to 3% closing cost assistance by completing the Homepath Ready Certification. Additional grants and down payment assistance available for qualified buyers. Contact listing agent for details. Restrictions apply.

3219 Mount Vernon St, Philadelphia

Listing courtesy of Premier Real Estate Inc. Contact:

Powelton Village Homes under $700,000

Newest Powelton Village Homes under $700,000