Melrose Homes under $400,000

Welcome to Melrose, a charming subdivision nestled in the vibrant city of Philadelphia, Pennsylvania. Known for its community spirit and welcoming atmosphere, Melrose offers an ideal blend of suburban tranquility and urban convenience. This delightful neighborhood is perfect for families, young professionals, and anyone looking to enjoy the best of city living without sacrificing comfort.

One of the standout features of Melrose is its affordability. Here, you can find an array of beautiful homes priced under $400,000, making it an attractive option for first-time homebuyers or those seeking to downsize without breaking the bank. These homes often boast spacious layouts, modern amenities, and lovely outdoor spaces, providing the perfect backdrop for creating lasting memories.

Melrose is not just about homes; it’s about lifestyle. Residents enjoy easy access to local parks, schools, and shopping centers, ensuring that everything you need is just a short stroll or drive away. The community is well-connected to public transportation, making commuting to downtown Philadelphia a breeze.

In addition to its affordability and convenience, Melrose is rich in community spirit. Regular neighborhood events and gatherings foster a sense of belonging, allowing residents to connect and build lifelong friendships.

If you're looking for a place that combines affordability, community, and convenience, Melrose is the perfect choice. Discover your dream home in this beautiful Philadelphia subdivision, where charm meets opportunity!

Newest Melrose Homes under $400,000

$279,900

3 Beds ⋅ 2 Baths ⋅ PAPH2671148 MLS

Great South Philadelphia Opportunity! This 3-bedroom, 1.5-bath rowhome in the 19148 area offers a solid opportunity for an owner occupant or investor. The property features a new roof and a functional layout, while the interior is ready for updating and renovation. The kitchen, bathrooms, and finishes throughout offer plenty of opportunity to make the home your own. Bring your ideas and create the perfect space with your own personal touches. Conveniently located near shopping, restaurants, parks, public transportation, and major highways. Property is being sold in its current condition.

2635 S 16th St, Philadelphia

$250,000

3 Beds ⋅ 2 Baths ⋅ PAPH2668276 MLS

Welcome to 2439 S Rosewood Street, situated in South Philadelphia's Melrose section, this 3-bedroom, 1.5-bath townhome combines classic charm with the opportunity to make it distinctly your own. Step inside this well maintained home to discover a spacious and inviting layout. Tile flooring extends throughout the bright living dining and kitchen areas. The generous layout provides ample room for both everyday living and entertaining, creating a comfortable setting. Towards the rear of the home, the eat-in kitchen offers an abundance of cabinet and counter space, making meal preparation a breeze, while still providing enough room for a table to enjoy meals. Upstairs, you'll find three well-proportioned bedrooms, each featuring original parquet hardwood flooring that adds timeless charm and character to the home. A full hall bathroom with a tub and shower combination serves the upper level, offering both functionality and convenience. The partially finished basement adds valuable flexibility to the home. Featuring a dedicated laundry area and a convenient half bath, this versatile space can be used for storage, a home gym, playroom, hobby area, or finished further to create additional living space tailored to your needs. Out back, a private fenced concrete yard offers a low-maintenance outdoor escape with a raised garden bed ready for flowers, herbs, or a urban garden. Whether hosting a barbecue, gardening, or simply enjoying a quiet evening outdoors, this space provides a little slice of city serenity. This true South Philadelphia charmer having been well cared for throughout the years boasts solid craftmanship and good bones. Move right in and enjoy its classic appeal, or bring your own vision and updates to create the home you've always imagined while preserving its enduring South Philadelphia character. Located in the desirable Melrose neighborhood, you'll enjoy easy access to neighborhood favorites, local shops, grocery stores, parks, and public transportation. Broad Street, the Sports Complex, Center City, and major commuter routes including I-76 are all just minutes away, placing the very best of Philadelphia within easy reach.

2439 S Rosewood St, Philadelphia

$299,900

4 Beds ⋅ 1 Baths ⋅ PAPH2663554 MLS

Excellent opportunity if you're looking for a blank canvas with big ticket items already completed in South Philly. This 1300 + Square feet, 4 Bedroom 1 Bathroom home is well kept along with significant upgraded additions. Enter the nostalgic foyer entrance to separate and spacious living and dining rooms and a newly renovated Kitchen leading to a large rear yard. The second floor is a true 4 Bedroom set-up with newer hallway Full Bathroom. Front room features large closets with pass-though to middle bedroom. The Basement is huge and clean with upgraded electric panel. The mixture of meticulous upkeeping along with tasteful modernizations make this home ideal for the new owner to enjoy for years to come!

2416 S 16th St, Philadelphia

$339,000

4 Beds ⋅ 2 Baths ⋅ PAPH2655374 MLS

Welcome to 1521 W Shunk St, a spacious and well cared for South Philadelphia home set just one block off South Broad Street in the highly desirable Girard Estates/Melrose pocket, offering unmatched convenience and neighborhood appeal. This two story property features 4 bedrooms, providing the kind of flexible space for larger families, or work from home buyers truly need. The main level offers an inviting living and dining area with hardwood floors, high ceilings, and abundant natural light, leading into a generous kitchen with granite countertops, stainless steel appliances, and direct access to the rear yard and main floor laundry. A first floor half bath adds everyday practicality. Upstairs, all four bedrooms are well sized with great closet space, accompanied by a clean and functional full hall bath. A major upgrade was completed in July 2026 with the installation of brand new Central Air, delivering efficient cooling and year round comfort. The home also includes a large basement ready for storage or future finishing. With Broad Street transit, top neighborhood schools, parks, dining, and the Stadium District all within easy reach, this location offers the best of South Philly living. A rare opportunity to secure a move in ready home with exceptional space in one of the area’s most sought after neighborhoods. Schedule your showing today !

1521 W Shunk St, Philadelphia

$335,000

2 Beds ⋅ 3 Baths ⋅ PAPH2644118 MLS

Move-in ready, fully renovated South Philadelphia home—now offered at $335,000 with a one-year home warranty. This complete gut renovation was completed with permits and required inspections. Virtually everything is new, including the roof, windows, HVAC, plumbing, electrical and mechanical systems, framing, kitchen, bathrooms, flooring and finishes. The bright open-concept main level features a beautiful kitchen with quartz countertops, stainless steel appliances, modern cabinetry and an oversized island with seating. Upstairs are two spacious bedrooms and two full bathrooms, including a private primary suite. The clean, dry basement provides additional storage, a half bath and dedicated laundry area. Located near the Broad Street Line with convenient access to East Passyunk Avenue, Center City, parks, restaurants, shopping and major highways. Enjoy the character of a classic South Philadelphia rowhome with the comfort and peace of mind of a comprehensive renovation—without the new-construction price. Schedule your private tour today.

2251 S Hicks St, Philadelphia

$329,900

PAPH2583602 MLS

Spacious corner property locate3d in the heart of the Melrose neighbor of So Philadelphia. This investment property features a small commercial space/office, a 1st fl rear one bed apartment, a very large 2 bed 2nd fl apartment and as bonus the basement is rented out to plumbing contractor for storage. Lots of potential and opportunity exists for prime property.

1713 Wolf St, Philadelphia

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Melrose Homes under $400,000

Newest Melrose Homes under $400,000

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