Parkwood Homes under $500,000

Parkwood Homes under $500,000

Welcome to Parkwood, a delightful subdivision nestled in the vibrant city of Philadelphia, Pennsylvania. This charming neighborhood offers a perfect blend of suburban tranquility and urban convenience, making it an ideal choice for families, young professionals, and retirees alike.

One of the standout features of Parkwood is its diverse range of homes available for under $500,000. Whether you’re seeking a cozy starter home, a spacious townhouse, or a well-maintained single-family residence, Parkwood has something to suit every taste and budget. Many of these homes boast modern amenities, inviting layouts, and beautifully landscaped yards, providing a warm and welcoming atmosphere for residents.

Living in Parkwood means enjoying the best of both worlds. The neighborhood is surrounded by lush parks and green spaces, perfect for leisurely strolls, picnics, or weekend sports. Families will appreciate the proximity to reputable schools, ensuring quality education for children. Additionally, Parkwood’s convenient access to major highways and public transportation makes commuting to downtown Philadelphia a breeze, allowing residents to enjoy the city’s rich cultural offerings, dining, and entertainment options.

Community spirit thrives in Parkwood, with friendly neighbors and local events that foster connections and camaraderie. Experience the warmth of this neighborhood, where everyone feels at home. If you’re looking for an affordable yet vibrant place to live in the heart of Philadelphia, Parkwood is the perfect choice. Come explore your future home in this welcoming community today!

Newest Parkwood Homes under $500,000

3315 Elliston Cir, Philadelphia
$225,000
2 Beds ⋅ 2 Baths
THIS HOME IS FOR SALE ONLY - ANY ATTEMPT TO RENT THIS HOME IS UNLAWFUL AND SHOULD BE REPORTED DIRECT TO LISTING AGENT ONLY!!!!! HUD Home. Year Built 1954, LBP is required for all properties built before 1978. Sold "AS IS" by elec. bid only. Prop avail 10/16/2026. Bidding Process, Bid Due/Expiration dates, HUD's Insurability and other important information is posted on www.hudhomestore.gov. FHA Case #446-104640. Insured (IN). Eligible for FHA 203K. Financing Terms: FHA 203K, FHA 203B, Cash or Conventional Finance. This spacious Row Home with full walk out basement and garage can be your home. Close to schools, parks, Shopping and Transportation. Don't miss out on the opportunity. Buyer to verify all information prior to bidding. Go to website for more information or to place a bid. Buyer is responsible for their own investigative information on SqFt of home, Room Sizes, Bathroom counts, taxes and all other information regarding this home. This home is a AS-IS Sale with buyer being responsible for all inspections and repairs including CO/U&O, final water and sewer and other township inspections. Availability and status of sale type are subject to change at any time. This home may be available for $100.00 Total Down Payment if purchased with FHA Insured loan. $100.00 Down Payment is a Limited time opportunity. Also available are 1st Time Buyer Grants up to $10,000.00 toward Down Payment and Closing Costs. Buyer must be an owner occupant purchaser for these programs. All programs are subject to change at any time. Buyer choses their own lender. See attached Addendums & Disclosures in www.hudhomestore.gov.

3315 Elliston Cir, Philadelphia

Listing courtesy of MLS Direct. Contact:

12018 Waldemire Dr, Philadelphia
$325,000
3 Beds ⋅ 2 Baths
Welcome to 12018 Waldemire Drive in Philadelphia’s Parkwood neighborhood! This three-bedroom, one-and-a-half-bath townhome offers inviting living spaces, an expanded kitchen, and the convenience of driveway parking and an attached garage. Step inside to a spacious, light-filled living room featuring hardwood floors and plenty of room to relax or gather. The expanded kitchen provides space for everyday dining, hosting friends, and sharing your favorite meals. Upstairs, you’ll find three bedrooms and a full bathroom. The partially finished basement adds flexible space for a recreation room, home office, workout area, or a comfortable spot to watch the game. A separate laundry area offers direct access to the driveway for added convenience. With access to major highways, this home combines a practical layout with opportunities to bring your own style to each space. Schedule your showing and discover the possibilities on Waldemire Drive!

12018 Waldemire Dr, Philadelphia

Listing courtesy of Keller Williams Real Estate - Newtown. Contact:

12843 Cabell Rd, Philadelphia
$349,900
3 Beds ⋅ 3 Baths
Your Next Chapter Starts Here — Welcome to 12843 Cabell Road! Opportunity awaits in Northeast Philadelphia! Welcome to 12843 Cabell Road, a three-bedroom, 1 full and 2 half bath home offering approximately 1,360 square feet of living space and the chance to make a property truly your own. Whether you're looking for a place to settle into or an opportunity to bring your personal vision to life, this property offers plenty of possibilities. With three bedrooms, a two-story layout with a fully finished basement to create comfortable living and entertaining areas, there's room to envision what comes next. Extend your living space outdoors! Just off the dining room, step onto the spacious deck, creating a natural extension of the home's entertaining space. Featuring custom pipework designed to support a canvas awning that covers the entire deck, this outdoor area offers the perfect setup for shaded relaxation, outdoor dining, or hosting gatherings. Outback you have the convenience of a covered patio for extra outdoor entertainment and a shed for storage. Adding to its appeal is the wooded area behind the property, providing a beautiful natural backdrop and an added sense of privacy. Whether you're sipping your morning coffee, enjoying a quiet evening, or entertaining guests, this outdoor retreat offers a wonderful escape from the everyday hustle. Location is another advantage! Situated in Northeast Philadelphia's 19154 ZIP code, this home offers convenient access to shopping, dining, parks, and major roadways, making everyday errands and travel a breeze. Homes with potential and a convenient location deserve a closer look! Don't miss the opportunity to explore what 12843 Cabell Road has to offer. Schedule your private showing and see the possibilities for yourself!

12843 Cabell Rd, Philadelphia

Listing courtesy of Century 21 Integra - Newtown. Contact:

12739 Hollins Rd, Philadelphia
$375,000
3 Beds ⋅ 2 Baths
Open House Saturday October 17th from 12-2PM. This is NOT your typical Parkwood home! This 3 bedroom, 1.5 bath home has been thoughtfully improved with custom finishes, major upgrades, and details designed to make everyday living easier. Recently painted from top to bottom in a modern, neutral palette, this one is truly move-in ready. Let's start with the kitchen because it deserves the attention. Completely remodeled with custom floor-to-ceiling Century cabinetry, this space is just as functional as it is beautiful. Quartz countertops, a gas cooktop, wall oven and microwave, pantry, under-cabinet lighting, recessed lighting, and an appliance garage with a pull-out drawer and hidden outlet mean everything has its place (and your countertops can actually stay clear!). The oversized peninsula is where this kitchen really comes together. With seating for four, plus the sink and dishwasher overlooking the dining room, it creates a natural gathering place. Pull up a barstool for morning coffee, spread out appetizers when friends are over, or cook dinner without feeling separated from the conversation. This setup is perfect for entertaining and everyday life! The attention to detail continues with engineered hardwood flooring in the living room, kitchen, and two bedrooms, plus original hardwood floors in the primary bedroom. Wainscoting, crown molding, picture frame molding, new interior doors, updated Decora switches, and built-ins inside the coat closet add character at every turn. It's these little details that show how thoughtfully this home was customized, not just to look beautiful, but to make everyday living easier. And the updates go far beyond what you can see! A brand new furnace and central air system were installed in 2026, and the home also features a 200 amp electrical panel, another great bonus for buyers. The full bathroom has been updated, the laundry room revamped, and the washer and dryer replaced in 2023. The basement also features updated flooring, giving you additional finished space to make your own. The attached garage offers an automatic door opener, additional storage, and direct interior access into the basement. Especially convenient when the weather isn't cooperating! Step outside through the sliding glass door, replaced in 2020, onto the Trex deck, also completed in 2020. Built-in lighting along the stairs makes this space just as inviting at night. One of the things the sellers say they'll miss most is sitting out here watching the sunsets. It's been one of their favorite places to unwind! Out front, permanent lighting around the bay window adds another fun touch and makes decorating for the holidays that much easier. Located in the sought-after Parkwood neighborhood of Northeast Philadelphia, you'll enjoy shopping, dining, parks, and everyday conveniences just minutes away, plus easy access to I-95, the PA Turnpike, and nearby SEPTA stations. This home has been in the same family for 33 years, and the pride of ownership shows. Now it's ready for someone new to love it just as much. Fresh paint, modern finishes, major systems already replaced, and custom details throughout! And with the holidays right around the corner, imagine celebrating in your new home or throwing the ultimate New Year's Eve housewarming party! With a kitchen made for entertaining and plenty of space to gather, this home is ready for all the memories you'll make. Just bring your toothbrush, this one is ready to go!

12739 Hollins Rd, Philadelphia

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

12728 Cabell Rd, Philadelphia
$384,900
3 Beds ⋅ 2 Baths
Nestled in the charming Parkwood neighborhood, this beautifully renovated townhouse is a perfect blend of modern comfort and community spirit. With a major renovation completed in 2026, this home boasts a fresh and inviting atmosphere, making it an ideal retreat for anyone seeking a warm and welcoming environment. Spanning 1,360 square feet, this interior row townhouse features three spacious bedrooms and two full bathrooms, providing ample space for relaxation and everyday living. The A-frame architectural style, complemented by sturdy masonry construction, offers both aesthetic appeal and durability. The combination basement adds versatility, perfect for a home office, play area, den or additional storage. Parkwood is not just a place to live; it's a vibrant community that fosters connection and engagement. Residents enjoy easy access to local parks, where you can take leisurely strolls, enjoy picnics, or engage in outdoor activities. The neighborhood is known for its friendly atmosphere, making it easy to meet neighbors and build lasting friendships. The community is also well-served by public services, including convenient transportation options, making commuting a breeze. The surrounding area offers a variety of amenities, including shopping centers, dining options, and recreational facilities, all within a short drive or a pleasant walk. Whether you're looking for a cozy café to enjoy your morning coffee or a local market to pick up fresh produce, Parkwood has it all. This home is not just a property; it's a place where memories are made. Imagine hosting gatherings with friends in your inviting living space or enjoying quiet evenings in your serene backyard. The combination of modern renovations and a supportive community creates an unparalleled living experience. Don't miss the opportunity to make this delightful townhouse your new home in Parkwood, where comfort, community, and convenience come together beautifully. Embrace the lifestyle you've always dreamed of in this welcoming neighborhood!

12728 Cabell Rd, Philadelphia

Listing courtesy of Springer Realty Group. Contact:

3108 Byberry Rd, Philadelphia
$355,000
4 Beds ⋅ 3 Baths
Lovely and meticulously maintained, this 4-bedroom, 2.5-bathroom row home in the desirable Parkwood community is the perfect place to start your homeownership journey! The main level boasts a bright, spacious living room, an elegant formal dining room, and an updated eat-in kitchen complete with modern appliances and gas cooking. Upstairs, retreat to a private primary suite with its own full bathroom, alongside three additional generously sized bedrooms and a full hall bath. The finished lower level adds incredible living space with a bonus family room that walks out to a rear covered patio and a large, fully fenced yard—ideal for outdoor entertaining. This level also features a dedicated laundry room with a washer, dryer, and sink, plus a 1-car attached garage with convenient inside access. Enhanced with a NEW high-efficiency gas HVAC system and a Newer gas hot water heater, Newer Roof and windows. This move-in-ready gem offers comfort, space, and true pride of ownership!

3108 Byberry Rd, Philadelphia

Listing courtesy of RE/MAX Centre Realtors. Contact:

12206 Medford Rd, Philadelphia
$350,000
3 Beds ⋅ 1 Baths
Nestled in the coveted Parkwood community, this exquisite interior row townhouse offers a harmonious blend of comfort and sophistication. Spanning 1,360 square feet, this charming residence features three spacious bedrooms and a beautifully appointed full bathroom, perfect for both relaxation and entertaining. The masonry construction exudes timeless elegance, while the daylight basement invites natural light, creating a warm and inviting atmosphere. Enjoy the convenience of an attached garage and additional parking options, ensuring ease of access for you and your guests. Step outside to discover a low-maintenance lot, ideal for those seeking a serene outdoor space without the burden of extensive upkeep. The property's prime location offers a lifestyle of convenience, with nearby amenities and easy access to local attractions. Experience the perfect blend of luxury and comfort in this delightful home, where every detail has been thoughtfully curated to enhance your living experience. Embrace the exclusive lifestyle that awaits you in Parkwood!

12206 Medford Rd, Philadelphia

Listing courtesy of Realty Mark Associates. Contact:

3340 Morning Glory Rd, Philadelphia
$299,900
3 Beds ⋅ 2 Baths

3340 Morning Glory Rd, Philadelphia

Listing courtesy of Home Vista Realty. Contact:

12564 Knights Ter, Philadelphia
$459,900
Welcome to 12564 Knights Ter, a well-maintained duplex offering an excellent investment opportunity in Philadelphia’s desirable 19154 area. Each unit features a comfortable 2-bedroom, 1-bathroom layout and is in rent ready condition, providing a great opportunity for an investor looking for a turnkey investment. Each unit also offers its own private basement area with dedicated laundry space, providing valuable storage and convenience for tenants. In addition, each unit includes its own private garage parking space—an attractive feature that adds both convenience and value. This is a rare find and will not last long. Schedule your showing today!

12564 Knights Ter, Philadelphia

Listing courtesy of Real of Pennsylvania. Contact:

12214 Medford Rd, Philadelphia
$369,000
3 Beds ⋅ 3 Baths
Spacious 3 bedroom, 2.5 bath row home located in the desirable Parkwood neighborhood. The first floor features a bright and inviting living room with bay window, neutral flooring and paint color, a dining room that opens to the kitchen, and a spacious eat in kitchen with windows overlooking the backyard. The finished lower level offers a large bonus room, full bathroom, laundry room, and walk out to a covered patio and a generously sized, fully fenced backyard, providing the perfect space for relaxing or entertaining. Upstairs, you'll find three comfortable bedrooms with closet space and a shared full bathroom. Parking is on the driveway. This beautiful home is truly a gem, offering comfortable living in a fantastic location. Schedule your private showing today!

12214 Medford Rd, Philadelphia

Listing courtesy of Keller Williams Realty. Contact:

13073 Townsend Rd, Philadelphia
$260,000
3 Beds ⋅ 2 Baths
Welcome to 13073 Townsend Road, Philadelphia, PA 19154! This beautifully maintained 3-bedroom, 1.5-bath end-unit townhouse offers thoughtful updates, exceptional care, and a desirable location. The updated kitchen provides a modern, functional space for everyday living and entertaining, while the inviting interior has been meticulously maintained and is truly move-in ready. Major mechanical updates offer added peace of mind, including a new HVAC system with heater and central air conditioning installed in 2023 and a new water heater installed in 2024. One of the home’s standout features is the private deck off the kitchen, accessible through sliding glass doors. With no neighbors directly behind the property, enjoy beautiful green space and mature trees that create a peaceful, private setting—perfect for morning coffee, outdoor dining, summer barbecues, or relaxing at the end of the day. This desirable combination of privacy and open space is a special feature within the community. Conveniently located near shopping, restaurants, parks, public transportation, and major roadways, this home offers a wonderful blend of comfort, convenience, and functionality. Back on the market! Cash buyers preferred. This exceptionally well-maintained home presents a wonderful opportunity for buyers seeking a property in Northeast Philadelphia. Schedule your showing today!

13073 Townsend Rd, Philadelphia

Listing courtesy of Opus Elite Real Estate. Contact:

3380 Byberry Rd, Philadelphia
$379,900
3 Beds ⋅ 3 Baths

3380 Byberry Rd, Philadelphia

Listing courtesy of Charles Rueter Inc. Contact:

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