Kensington Homes under $500,000

Kensington Homes under $500,000

Welcome to Kensington, a vibrant and evolving neighborhood nestled in the heart of Philadelphia, Pennsylvania. Known for its rich history and community spirit, Kensington offers a unique blend of urban convenience and suburban comfort. This area is characterized by its diverse architecture, with charming row homes and modern developments that reflect the neighborhood's dynamic character.

Kensington is not just a place to live; it’s a community filled with local shops, parks, and cultural hotspots that invite residents to engage and explore. Enjoy leisurely strolls along the picturesque streets, where you can discover eclectic eateries, art galleries, and community events that showcase the area's creative flair. With easy access to public transportation, residents can effortlessly connect to the bustling city center, making Kensington an ideal location for both professionals and families alike.

For those seeking affordable housing options, Kensington stands out with a variety of homes available for under $500,000. Here, you can find well-maintained properties that offer both comfort and style without breaking the bank. Whether you’re a first-time homebuyer or looking to invest, Kensington’s real estate market provides an array of choices, from cozy single-family homes to spacious townhouses.

In Kensington, you’ll find a welcoming community that values both tradition and progress. With its affordable housing options, rich cultural landscape, and convenient location, Kensington is a fantastic place to call home. Come explore the possibilities and discover why so many are choosing to make this neighborhood their own!

Newest Kensington Homes under $500,000

257 E Elkhart St, Philadelphia
$90,000
3 Beds ⋅ 1 Baths

257 E Elkhart St, Philadelphia

Listing courtesy of Canaan Realty Services INC. Contact:

2018 E Madison St, Philadelphia
$129,900
4 Beds ⋅ 1 Baths
Great investment opportunity! This twin home offers 4 bedrooms, 2 full baths, and good bones—a solid starting point for your next renovation project. Bring your vision and explore the potential to add value. The property is being sold as-is and may be available as a package deal with the adjoining property at 2016 E. Madison St.

2018 E Madison St, Philadelphia

Listing courtesy of Canaan Realty Services INC. Contact:

2016 E Madison St, Philadelphia
$129,900
4 Beds ⋅ 2 Baths
Great investment opportunity! This twin home offers 4 bedrooms, 2 full baths, and good bones—a solid starting point for your next renovation project. Bring your vision and explore the potential to add value. The property is being sold as-is and may be available as a package deal with the adjoining property at 2018 E. Madison St.

2016 E Madison St, Philadelphia

Listing courtesy of Canaan Realty Services INC. Contact:

no property photo
$179,900
3 Beds ⋅ 1 Baths
Welcome home to this completely renovated 3-bedroom row home in Kensington! Step inside to gleaming hardwood floors, high ceilings, and recessed lighting throughout, giving the whole home a bright, open feel. The spacious living room and dining room are perfect for everyday living and entertaining, and they flow right into the brand-new kitchen. Out back, a cozy rear yard right off the kitchen is ready for grilling and relaxing. Upstairs, you’ll find three comfortable bedrooms and a beautifully updated new bathroom. A full basement adds plenty of storage, and low annual taxes help keep monthly costs down. Kensington is a neighborhood on the rise, with exciting new development happening all around, making this a smart buy for homeowners and investors alike. Just minutes from public transportation and neighborhood shops, this move-in-ready home is a must-see. Call me today to schedule your private showing!

1850 E Westmoreland St, Philadelphia

Listing courtesy of Coldwell Banker Realty. Contact:

619 E Wishart St, Philadelphia
$59,900
3 Beds ⋅ 1 Baths
INVESTOR ALERT!!!! Come One & All!! Great investment income producing opportunity!! This property is being sold in "As-Is" condition!!! Buyer responsible for City of Philadelphia License and Inspection Certification. Seller looking for Highest and Best cash offer!

619 E Wishart St, Philadelphia

Listing courtesy of RE/MAX Prime Real Estate. Contact:

1907 E Cambria St, Philadelphia
$115,000
3 Beds ⋅ 1 Baths
Welcome to 1907 E Cambria Street! Whether you're a homebuyer looking to make a house your own or an investor searching for your next opportunity, this 3-bedroom, 1-bath Philadelphia rowhome deserves your attention! Renovated in 2020, including upgrades to the plumbing and electrical systems, this home was recently vacated by longtime tenants and is ready for its next chapter. The property offers a great opportunity to refresh the interior with cosmetic improvements rather than take on a complete renovation. Bring your creativity, personal style, and finishing touches to unlock its potential! Enjoy a convenient location within walking distance of the Market-Frankford EL and just minutes from the Aramingo Avenue Shopping District, with easy access to shopping, dining, public transportation, and everyday essentials. Perfect for an owner-occupant looking to create a personalized living space or an investor seeking to expand a rental portfolio. Offered strictly AS-IS, with cash offers preferred, but all financing considered. Schedule your showing today and discover the possibilities at 1907 E Cambria Street!

1907 E Cambria St, Philadelphia

Listing courtesy of Realty One Group Restore - BlueBell. Contact:

3078 Frankford Ave, Philadelphia
$349,900
INVESTOR OPPORTUNITY — zoned for FOUR units on Frankford Avenue. Three-story building to be retrofitted into a quadplex: first floor one unit, second floor two units, third floor one unit — 11 bedrooms total, 4 full and 4 half baths as currently configured. Tremendous rental income potential in a high-demand rental corridor. A true value-add conversion opportunity — bring your contractor and your vision. INVESTOR ALERT — INCOME-PRODUCING OPPORTUNITY ON FRANKFORD AVENUE! Discover the potential of 3078 Frankford Avenue, a substantial Philadelphia property configured with 11 rentable rooms and offering an attractive opportunity for an investor, operator, or owner seeking a property with significant income potential. The property is currently generating approximately $5,000 per month in gross rental income, providing an established revenue stream with potential for future upside. Its multi-room configuration offers flexibility for an experienced investor looking to expand or diversify a Philadelphia real estate portfolio. Conveniently situated along the Frankford Avenue corridor with access to public transportation, neighborhood businesses, shopping, and major Philadelphia destinations. Properties with this combination of size, existing income and multi-room configuration can be difficult to find. Whether you're looking for a cash-flowing acquisition or a value-add opportunity, 3078 Frankford Avenue deserves a closer look. Property is being offered in its present condition. Buyer is responsible for independently verifying zoning, licenses, permitted occupancy/use, rental income, room count, and all other information relevant to buyer's intended use. Buyer to verify all zoning. Property is zoned to permit up to four (4) units; conversion of the property to four units is the buyer's responsibility and is subject to all required city approvals and permits. All information deemed reliable but not guaranteed; buyer to independently verify.

3078 Frankford Ave, Philadelphia

Listing courtesy of Realty Mark Cityscape. Contact:

815 E Hilton St, Philadelphia
$79,900
3 Beds ⋅ 1 Baths
Welcome to this affordable 3-bedroom, 1-bath townhouse offering a great opportunity for both investors and owner-occupants! The home features an open floor plan connecting the living room, dining area, and kitchen, along with a backyard for outdoor enjoyment. The full basement provides plenty of additional storage space. Currently tenant-occupied on a month-to-month lease, generating $800 per month in rental income. The long-term tenants have called this property home for the past 10 years and would love to stay, making this an excellent opportunity for an investor looking to start collecting rental income. For buyers looking to make this their primary residence, vacant possession may be accommodated with proper notice and arrangements. Whether you're looking to expand your investment portfolio or purchase a home of your own, this property offers great potential. Don't miss this opportunity—schedule your showing today!

815 E Hilton St, Philadelphia

Listing courtesy of Century 21 Advantage Gold-Castor. Contact:

3269 Joyce St, Philadelphia
$79,999
4 Beds ⋅ 2 Baths
Welcome to 3269 Joyce St! This 4-bedroom, 2-full-bath home offers plenty of potential for investors or buyers looking to customize a property to their liking. The home needs work but presents a great opportunity to bring your vision to life and build value.

3269 Joyce St, Philadelphia

Listing courtesy of Homestarr Realty. Contact:

2011 E Cambria St, Philadelphia
$115,000
3 Beds ⋅ 1 Baths
This home would be perfect for a first time home buyer or investor looking add to their rental portfolio. Property has good bones and it wouldn’t take much to restore it to its former glory. Home does need some work which is reflected in the asking price. Owner will not make any repairs.

2011 E Cambria St, Philadelphia

Listing courtesy of City Wide Realty Inc. Contact:

2250 N 2nd St, Philadelphia
$480,000
5 Beds ⋅ 4 Baths
Welcome to 2250 N 2nd Street, a beautifully crafted 5-bedroom, 3.5-bath home offering modern design, quality construction, and spacious living. This thoughtfully designed residence features an open-concept floor plan with high ceilings, abundant natural light, custom picture-frame molding, crown molding, and premium finishes throughout. The main level showcases a stunning kitchen complete with quartz countertops, custom cabinetry, stainless steel appliances, and a large island ideal for entertaining. The spacious living and dining areas provide the perfect setting for both everyday living and hosting guests. The fully finished basement offers additional versatile living space that can be utilized as a family room, home office, gym, or guest area. Upstairs, the primary suite features a private bathroom and access to a rear deck, creating a peaceful retreat. Additional bedrooms are generously sized and complemented by well-appointed bathrooms. Conveniently located near public transportation, major roadways, shopping, dining, and neighborhood amenities, this home combines comfort, functionality, and accessibility. A community garden located directly across the street adds a unique touch of green space and neighborhood charm. Don’t miss the opportunity to own this exceptional property offering modern finishes, generous living space, and quality craftsmanship throughout. Schedule your private tour today. Property Features: * 5 Bedrooms * 3 Full Bathrooms, 1 Half Bathroom * Finished Basement * Quartz Countertops * Custom Cabinetry * Crown & Picture Frame Molding * Private Rear Deck * Open Floor Plan * Newer Construction * Convenient Philadelphia Location Buyer responsible for verifying taxes, square footage, and any applicable property information.

2250 N 2nd St, Philadelphia

Listing courtesy of Keller Williams Real Estate Tri-County. Contact:

242 E Mayfield St, Philadelphia
$49,900
2 Beds ⋅ 1 Baths
INVESTOR ALERT, MOTIVATED SELLER! Excellent flip or buy-and-hold opportunity! This 2-bedroom, 1-bath home offers a head start on your next investment project, with major improvements already underway, including updated plumbing and electrical. Much of the behind-the-scenes work has been done, leaving you the opportunity to complete the renovation, add your finishing touches, and maximize the property's potential. Whether you're looking for your next flip or an addition to your rental portfolio, this is an opportunity to purchase at an attractive price and build value through completion of the renovation. Property is being sold as-is. Don't miss out!

242 E Mayfield St, Philadelphia

Listing courtesy of KW Empower. Contact:

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