#PADE2092824, Amber Noble, Listing office: Keller Williams Main Line
507 Cobbs Creek Pkwy Philadelphia, PA 19143
Property details
About 507 Cobbs Creek Pkwy
Over 2700SqFt Fully Renovated Legal Duplex in Cobbs Creek – Ideal for Investors / Owner-Occupants! Welcome to 507 Cobbs Creek Parkway — a completely renovated, park facing duplex offering modern living, strong rental income potential, and the opportunity to live in one unit while renting the other. Perfectly suited for both savvy investors and first-time buyers, this turnkey property features a large 3 bedroom, 2.5 bath and a spacious 2-bedroom 1 bath unit. Each unit was thoughtfully updated with high-end finishes and contemporary comfort in mind. If you’re an investor, this handsome asset will be your best yet. All systems were updated with the renovation. All utilities are separately metered. Property values in the 19143 Zip code have increased by 15.5% year over year. The city has invested $15+ million into the improvement of the Cobbs Creek recreation center, and nearby parks and trails. The future is bright. Owner Occupants! Enjoy an expansive living room and kitchen for your use, with enough cabinet, counter and table space for your family and future hosting. The basement unit has a separate entrance. Can someone say house hack? Life is sweet. Property Highlights: Each unit boasts brand-new kitchens with quartz countertops, stainless steel appliances (refrigerator, microwave, oven), sleek, fully updated bathrooms, new roof, new plumbing, upgraded electric, and all renovations were fully permitted and approved by the City of Philadelphia — this is a legal duplex. Comfort & Efficiency: Brand-new HVAC systems and recessed lighting throughout, along with durable vinyl plank flooring and energy-efficient new windows. Convenience: Washer/dryer plug ins in each unit, open-concept layouts, and separate electrical systems with 125-amp service. Parking & Outdoor Space: Ample street parking along Cobbs Creek Parkway and nearby cross streets. Unit 1 enjoys access to rear parking and a private rear deck for outdoor enjoyment. Tax Abatement Approved: Take advantage of long-term tax savings. Strong Investment Potential for passive income: Estimated annual rental income of $40,800. Located in the desirable Cobbs Creek section of West Philadelphia, this duplex offers excellent access to public transportation (the El line is a 13 minute walk away, the 42, 46 and 21 buses are 2-5 blocks away. The house is across the street from the picturesque Cobbs Creek Parkway, local parks, and nearby shopping and dining. Whether you’re looking to invest or settle into a home that pays for itself, 507 Cobbs Creek Pkwy delivers quality, value, and flexibility. Schedule your tour today!
Highlights
(ACTIVE)
Summary
- Appliances: Refrigerator, Stove, Microwave
- Basement: Yes
- Flooring Type: Luxury Vinyl Plank
- Interior: Dining Area, Floor Plan - Open, Kitchen - Gourmet, Walk-in Closet(s)
- Parking: On Street
- View: Creek/Stream, Park, Trees/Woods
- Architectural Style: Traditional
- Heating: Forced Air
- Cooling: Central Air
- List Price: $438,500
- Price/SqFt: $157
- Directions: Use GPS
- Year Built: 1925
- Living Area: 2,791 SqFt
- Municipality: Philadelphia
- Lot Size: 0.04 Acres
- MLS Number: PAPH2510282
- MLS Name: BRIGHT
- Office Name: KW Empower
- Office Phone: (215) 627-3500
- Office Email: vicki@kwempower.com
- Listing Agent: James F Roche Jr.
- Agent Phone: (215) 714-9539
- Agent Email: jim@rarityre.com
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Price information
Property sales
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Nearby schools
3
Stonehurst Hills Elementary School
Public District 1-5
0.5 mi
•7051 Ruskin Ln
4
East Lansdowne Elementary School
Public District KG-6
1.0 mi
•401 Emerson Ave
4
Bywood Elementary School
Public District 1-5
1.1 mi
•330 Avon Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $84,063. Typical income of Philadelphia, PA residents is between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 507 Cobbs Creek Pkwy
The listing price of 507 Cobbs Creek Pkwy property is $438,500.
The property 507 Cobbs Creek Pkwy is a multi located in Philadelphia, Pennsylvania, 19143.
Active Listing: 507 Cobbs Creek Pkwy is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 507 Cobbs Creek Pkwy are: Stonehurst Hills Elementary School (GreatSchools Rating 3/10), East Lansdowne Elementary School (GreatSchools Rating 4/10), Bywood Elementary School (GreatSchools Rating 4/10), W. C. Bryant Promise Academy (GreatSchools Rating 3/10), Add B. Anderson School (GreatSchools Rating 4/10), Andrew Hamilton School (GreatSchools Rating 3/10), William L. Sayre High School (GreatSchools Rating 3/10), Motivation High School (GreatSchools Rating 3/10), Boys Latin of Philadelphia Charter School (GreatSchools Rating 4/10).
The property 507 Cobbs Creek Pkwy is 2,791 SqFt (source: MLS/tax record).
The year of construction for 507 Cobbs Creek Pkwy is 1925.
This home is located at 507 Cobbs Creek Pkwy in Philadelphia, PA and zip code 19143 in the Cobbs Creek neighborhood. This 2,791 square foot home, which was built in 1925, sits on a 0.04 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 1, 2025 and is currently priced at $438,500.
The inventory of homes for sale in Philadelphia, PA between May and June 2025 increased by 36.5%. While the average time on the market in June 2025 was 90 days, the median list price was $292,873.