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$438,500

507 Cobbs Creek Pkwy Philadelphia, PA 19143

2,791 sqft
0.04 acres
$157 / sqft
Multi-Family

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

Home typeDuplex
HeatingForced Air
StatusActive
(ACTIVE)
CoolingCentral Air
Size2,791 sqft
BasementYes
Lot size0.04 Acres
Year built1925
ParkingOn Street
MLS #PAPH2510282
ViewCreek/Stream, Park, Trees/Woods

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

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/25/2025, 2:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

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.

All data from GreatSchools

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.

How much money do the neighbors make?

17%
<35k
51%
35k-100k
32%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

61%
Single, No Kids
20%
Single, with Kids
11%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
6%
12-17 yrs old
23%
18-34 yrs old
36%
35-64 yrs old
19%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • PopeyesPopeyes
  • Boston MarketBoston Market

What do the neighbors drive?

  • KiaKia
  • NissanNissan
  • HondaHonda

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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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.

From Rocket Homes Real Estate and based on county public records data.

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