Spruce Hill Real Estate

Spruce Hill Real Estate

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Newest Listings in Spruce Hill

8 Beds ⋅ 4 Baths

Exceptional opportunity to own a spacious, beautifully maintained home in the highly sought-after Penn Alexander School Catchment. Offering a rare combination of classic character and modern updates, this impressive residence features multi-zone HVAC for year-round comfort, an updated main kitchen, and a secondary newer kitchen—ideal for multigenerational living or entertaining. Designed for today’s lifestyle, the flexible layout easily adapts to your needs. The top floor features 2 bedrooms, 1 full bath, a second kitchen, and an enclosed balcony. This entire level can serve as a dedicated home office and an elegant home library, seamlessly transforming this 8-bedroom home into a 6-bedroom retreat with a private workspace floor. In total, the house features three full bathrooms and a convenient first-floor powder room to ensure functionality for family and guests alike. Ideally located in the heart of University City, you are just minutes from the University of Pennsylvania, Drexel University, CHOP, Penn Medicine, local parks, dining, shopping, and public transportation. Don't miss this rare opportunity to own a distinguished home in one of Philadelphia’s most desirable neighborhoods!

4518 Walnut St, Philadelphia

Listing courtesy of Keller Williams Main Line. Contact: 6105200100

2 Beds ⋅ 2 Baths

A smart city condo with the outdoor space and parking buyers keep asking for. This 2-bed, 2-bath, 861 sq ft home at 4217 Chestnut Street Unit #205 sits in Philadelphia’s University City/Spruce Hill area near Penn, Drexel, Penn Presbyterian, Clark Park, and the 40th Street SEPTA station. Inside, enjoy hard-surface flooring throughout, central air, in-unit laundry, recessed lighting, and a modern kitchen with gray cabinetry, stainless steel appliances, and a tile backsplash. Both bedrooms include ceiling fans, and the two full baths add everyday flexibility. The building offers secured entry with a call box and elevator access. A covered deeded garage parking space with Level 2 EV charging capability adds rare convenience. The shared rooftop terrace features artificial turf, lounge furniture, planters, and open-air space for relaxing or gathering. Condo fee includes water, sewer, trash, snow removal, and exterior maintenance.

4217 Chestnut St Unit #205, Philadelphia

Listing courtesy of BHHS Fox & Roach Wayne-Devon. Contact: 6106512700

5 Beds ⋅ 3 Baths

5 unit walkup centrally located on 47th St between Kinsessing Ave and Woodland Ave, easy access to all forms of public transportation the property needs some tender loving care and all reasonable offers will be reviewed. The owner has the adjacent land parcel listed for sale and can accomodate new construction single family or multifamily development.

1217 S 47th St, Philadelphia

Listing courtesy of Corporate Realty Partners & Co. Inc. Contact: 2159227810

DREAM BIG!!!! Build your dream castle as a single family or multi unit investment property and grow with a steady income for the future. This land parcel has an adjacent five unit structure also for sale! All serious offers will be considered and owner will accomadate zoning and use permit application.

1219 S 47th St, Philadelphia

Listing courtesy of Corporate Realty Partners & Co. Inc. Contact: 2159227810

5 Beds ⋅ 4 Baths

Fully renovated twin in Spruce Hill section of University City. The property has been leased over the past couple of years and is ideal for either an investor or owner-occupant. Property features new gourmet kitchen, hardwood and tile flooring, finished basement, 5 bedrooms, and 4 full baths.

4312 Spruce St, Philadelphia

Listing courtesy of Mallin Panchelli Nadel Realty Inc. Contact: 2154134900

Prime investment opportunity in the highly desirable Spruce Hill neighborhood of Philadelphia. Ideally positioned within the thriving University City area, 5241 Walnut Street is a well maintained triplex offering three spacious 2 bedroom, 1 bathroom apartments, each occupying its own floor. The second floor unit is currently vacant, providing an immediate opportunity for an owner occupant or the ability to lease at today's market rents. The first floor apartment features its own private entrance along with direct access to the rear yard and unfinished basement, creating additional storage and utility space. Each apartment is equipped with its own HVAC system providing central heating and air conditioning, in unit washer and dryer, separate hot water heater, and individually metered water, gas, and electric. The owner also benefits from a separate electrical meter serving the common areas, simplifying property management. Spruce Hill continues to be one of Philadelphia's strongest rental markets thanks to its location adjacent to University City, one of the region's largest employment and innovation hubs. The neighborhood is home to a significant renter population and is consistently sought after by students, university faculty, healthcare professionals, researchers, and young professionals due to its proximity to major employers and educational institutions. University City alone supports nearly 80,000 jobs across healthcare, higher education, technology, and life sciences, creating a deep and stable tenant pool. Residents enjoy convenient access to the campuses of the University of Pennsylvania and Drexel University, as well as leading medical institutions including Penn Medicine and Children's Hospital of Philadelphia. Multiple SEPTA trolley routes, the Market Frankford Line, regional rail connections, and nearby 30th Street Station provide excellent connectivity throughout Philadelphia and beyond. The neighborhood also offers an abundance of local restaurants, cafés, parks, and shopping, further enhancing its long term appeal to renters. Whether you're looking to expand your investment portfolio or take advantage of an owner occupied opportunity with rental income, 5241 Walnut Street offers strong fundamentals in one of Philadelphia's most consistently desirable investment locations.

5241 Walnut St, Philadelphia

Listing courtesy of EXP Realty, LLC. Contact: 8883977352

Rare opportunity to acquire an established portfolio of 18 units across three buildings in prime Powelton Village and Spruce Hill locations, walkable to both Drexel University and University of Pennsylvania. Stabilized, income-producing investment with value-add potential via light upgrades - proforma 7.3% cap rate. Portfolio price is $2,500,000 for all three buildings, or purchase separately. 4520 Spruce Street is a 6 unit building (6 x 1 bed units), offered at $900,000. In-place NOI $53k. Benefit from a strong tenant base derived from University of Pennsylvania's full-time student population of 23,948 (up 1.65% YOY), as well as 39,000+ individuals employed by University of Pennsylvania, and an overall population of more than 100,000 residents between the 19104 and 19139 zip codes. As the pipeline of multifamily deliveries in Philadelphia continues to dwindle, demand is expected to outpace supply, driving further rental growth in 2025-2026, presenting a unique opportunity for investors to acquire a high-quality, income-producing asset with significant long-term upside. Offering memorandum available upon request.

4520 Spruce St, Philadelphia

Listing courtesy of Mallin Panchelli Nadel Realty Inc. Contact: 2154134900

Excellent investment opportunity at 131 N 50th Street in West Philadelphia. The property consists of six residential units, including three studio units and three two-bedroom units, along with rear parking — a valuable feature in this area. The building is currently fully occupied and generating stable rental income. While the property has not undergone recent renovations, it has been maintained and offers strong potential for future value-add improvements through interior upgrades and operational enhancements. Conveniently located near universities, public transportation, shopping, and neighborhood amenities, the property continues to benefit from strong rental demand and a desirable location for tenants. Ideal for investors seeking a stabilized multifamily asset with both current cash flow and future upside potential.

131 N 50th St, Philadelphia

Listing courtesy of USRealty.com LLP. Contact: 8668079087

4 Beds ⋅ 4 Baths

Smack dab in the middle of the catchment area, let me introduce you to 4314 Pine Street. You have options here; you can spend nothing and move in, you can drop $100K and do some improvements, or you can go whole hog and end up with million dollar total renovation. All three options make sense. It's up to you, your needs and desires, and your bank account. Please take the time to take a good look at the myriad possibilities this home offers.

4314 Pine St, Philadelphia

Listing courtesy of Common Ground Realtors. Contact: (215) 222-2300

Exceptional investment opportunity in the heart of University City! This impressive multifamily property features 2 separate units, each offering 4 bedrooms and 2 full bathrooms, for a total of 8 bedrooms and 4 full bathrooms across approximately 3,780 square feet of living space. Built on a solid stone and brick foundation and recently renovated, the property combines classic Philadelphia architecture with modern upgrades, creating an attractive and functional living space for tenants. Each unit offers spacious bedrooms, updated kitchens and baths, and thoughtfully designed layouts that maximize comfort and usability. Ideally located just steps from University of Pennsylvania, Drexel University, Penn Medicine, this property sits in one of Philadelphia’s strongest and most consistent rental markets. Its proximity to major universities, public transportation, restaurants, cafes, and neighborhood amenities makes it highly desirable for students, faculty, medical professionals, and long-term tenants alike. With two well-configured units and strong rental demand in the surrounding area, 4320 Spruce Street presents an outstanding opportunity for investors seeking reliable cash flow and long-term appreciation. The property also offers flexibility for owner-occupants looking to live in one unit while renting the other, or investors exploring short-term rental potential (subject to local regulations).

4320 Spruce St, Philadelphia

Listing courtesy of RE/MAX Access. Contact: 2154002600

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