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507 Cobbs Creek Parkway

Philadelphia, PA 19143

– beds
– baths
2,100 sqft
1,794 sqft lot
$207 per sqft
1925 build

Welcome to 507 Cobbs Creek Parkway, a fully renovated legal duplex in the heart of Cobbs Creek, perfect for investors or owner-occupants. This turnkey property offers the ideal blend of modern living, strong rental income potential, and the flexibility to live in one spacious unit while renting out the other. Each of the two 2-bedroom units have been thoughtfully updated with brand-new kitchens featuring quartz countertops, stainless steel appliances, and sleek, fully renovated bathrooms. Enjoy contemporary comforts like recessed lighting, new HVAC systems, durable vinyl plank flooring, energy-efficient windows, and open-concept layouts. Both units include in-unit washer and dryers, separate electrical systems with upgraded 200-amp service, and major improvements like a new roof, new plumbing, and upgraded electric, all fully permitted and approved by the City of Philadelphia. Unit 1 benefits from access to rear parking, while Unit 2 offers a private rear deck for outdoor relaxation. Street parking is plentiful along Cobbs Creek Parkway and surrounding streets, and a tax abatement has already been approved, adding long-term value. With an estimated annual rental income of $38,400, this property is an excellent investment opportunity in the desirable Cobbs Creek neighborhood of West Philadelphia, known for its easy access to public transportation, local parks, and nearby shopping and dining. Whether you’re looking for a smart investment or a home that helps pay for itself, 507 Cobbs Creek Parkway delivers quality, value, and peace of mind. Schedule your tour today!

Listing courtesy of BRIGHT / KW Empower

Last checked: Checking… • Last updated Jul 1, 2025 •

MLS# PAPH2510282 —

The Building

Year Built:

1925
Year Built Source:

Estimated
New Construction:

No
Construction Materials:

Brick, Concrete
Building Levels:

3
Building Units Total:

2
Structure Type:

End of Row/Townhouse
Architectural Style:

Traditional
Accessibility Features:

None
Foundation Details:

Brick/Mortar
Total SqFt Source:

Estimated
Total Below Grade SqFt Source:

Estimated

Interior

Fireplace:

No
Living Area SqFt Source:

Estimated

Room Dimensions

Total SqFt:

2100
Living Area SqFt:

2,100 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Bank Portfolio, Cash, FHA, VA
Possession:

0-30 Days CD

Location

Directions:

Use GPS
Latitude:

39.95445000
Longitude:

-75.24815000

The Property

Property Type:

Multi-Family
Property Subtype:

Duplex
Lot Size Units:

Square Feet
Lot Size Acres:

0.04
Lot Size Source:

Estimated
Lot SqFt:

1,794 Sqft
Zoning:

RM1
Other Structures:

Above Grade, Below Grade
Waterview:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

R30
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

032255200
Tax Year:

2024
Tax Lot:

102
Tax Annual Amount:

$1,380
Tax Assessed Value:

$98,600
Year Assessed:

2024
School Tax:

772.0
City/Town Tax:

607.00
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

Central A/C
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Forced Air
Heating Fuel:

Electric

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Electric
Water Source:

Public

Appliances

Appliances:

Refrigerator, Stove

Schools

School District Name:

The School District Of Philadelphia
School District Source:

Listing Agent

The Community

Pool:

No Pool

Parking

Garage:

No
Type of Parking:

On Street

Extra Units

Other Units:

Unit 1,Unit 2
Vacation Rental:

No
Two Bedroom Units:

1
Three Bedroom Units:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
7/1/25 Jul 1, 2025	Listed / Active	BRIGHT	$435,000	152.9%
9/26/24 Sep 26, 2024		BRIGHT	$172,000
9/9/24 Sep 9, 2024		BRIGHT

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This multifamily located in West Philadelphia, Philadelphia, PA 19143 is currently for sale for $435,000. 507 Cobbs Creek Parkway is a 2,100 square foot multifamily with – beds and – baths. 507 Cobbs Creek Parkway is in the West Philadelphia neighborhood of Philadelphia and has a WalkScore® of 54, making it somewhat walkable. This multifamily is in the attendance area of Sayre High School and William C. Bryant School.

Listing Courtesy of: BRIGHT and KW Empower.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. 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.