Melrose Homes under $400,000

Melrose Homes under $400,000

Welcome to Melrose, a charming subdivision nestled in the vibrant city of Philadelphia, Pennsylvania. Known for its friendly community atmosphere and convenient location, Melrose offers a delightful blend of suburban tranquility and urban accessibility. Whether you’re a first-time homebuyer, a growing family, or someone looking to downsize, Melrose has something special for everyone.

One of the standout features of this neighborhood is its affordability. With homes priced under $400,000, Melrose presents an incredible opportunity for those looking to invest in the Philadelphia real estate market without breaking the bank. Here, you’ll find a diverse selection of homes, from cozy single-family residences to modern townhouses, each with its unique charm and character. Many properties boast spacious yards, perfect for summer barbecues or relaxing evenings under the stars.

Melrose is not just about homes; it’s about community. Residents enjoy easy access to local parks, schools, and shopping centers, making daily life convenient and enjoyable. With public transportation options nearby, commuting to downtown Philadelphia is a breeze, allowing you to enjoy the best of both worlds.

In Melrose, you’ll discover a welcoming neighborhood where neighbors become friends and families thrive. If you’re searching for an affordable home in a lively and engaging community, Melrose is the perfect place to begin your next chapter. Come explore the possibilities and make Melrose your new home!

Newest Melrose Homes under $400,000

2543 S Carlisle St, Philadelphia
$345,000
3 Beds ⋅ 2 Baths
Welcome to 2543 Carlisle Street! This beautifully updated 3-bedroom, 1.5-bath brick rowhome offers a perfect blend of modern finishes and comfortable living. Step inside to an inviting open-concept main level featuring gorgeous wood flooring, recessed lighting, contemporary ceiling fans, and a sleek black metal staircase railing. The spacious living and dining areas flow seamlessly into the updated kitchen, complete with dark cabinetry, quartz-style countertops, stainless steel appliances, a gas range, and a stylish tile backsplash. Upstairs, you'll find three bedrooms with ample natural light, generous closet space, and an updated full bathroom featuring elegant marble-look tile and modern fixtures. The main level also includes a convenient half bathroom. The finished lower level provides additional flexible space, extra storage and Laundry area. Beyond the home's impressive interior, its prime South Philadelphia location puts everyday conveniences right at your fingertips. Enjoy easy access to neighborhood restaurants, cafes, grocery stores, shopping, local parks, and recreational amenities. Just minutes from Broad Street, residents can conveniently access SEPTA's Broad Street Line and multiple bus routes, making travel to Center City and other parts of Philadelphia a breeze. The home is also conveniently situated near the vibrant East Passyunk dining and shopping corridor, South Philadelphia's sports and entertainment venues, the Navy Yard, and major highways including I-76 and I-95. Whether you're commuting, exploring local dining destinations, or enjoying everything Philadelphia has to offer, this location provides excellent connectivity and urban convenience. Schedule your private showing today. Don't miss this exceptional and move-in-ready home!

2543 S Carlisle St, Philadelphia

Listing courtesy of GE21 Realty. Contact:

2635 S 16th St, Philadelphia
$269,900
3 Beds ⋅ 2 Baths
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

Listing courtesy of OMNI Real Estate Professionals. Contact:

2416 S 16th St, Philadelphia
$299,900
4 Beds ⋅ 1 Baths
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

Listing courtesy of Alpha Realty Group. Contact:

1521 W Shunk St, Philadelphia
$329,000
4 Beds ⋅ 2 Baths
**Price Improvement !!!** 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

Listing courtesy of Realty Mark Associates. Contact:

2251 S Hicks St, Philadelphia
$330,000
2 Beds ⋅ 3 Baths
Move-in ready, fully renovated South Philadelphia home—now offered at $330,000 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

Listing courtesy of Realty Mark Associates. Contact:

1713 Wolf St, Philadelphia
$328,900
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

Listing courtesy of Alpha Realty Group. Contact:

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