
Search Properties
Buy with EXIT
Sell with EXIT
Find an Agent/Office
About
Why EXIT
The Spirit of EXIT
Careers
Offices
Contact Us
507 COBBS CREEK PARKWAY, PHILADELPHIA, PA 19143
Share Listing
Overview
Features
Commute
Transportation
Market Statistics
Neighborhood
Similar Homes
Similar Home Values
Contact
$438,500
Share Listing
Home Details for 507 COBBS CREEK PARKWAY
Price
$438,500
Type
Multi Family
Bedrooms
5
Year Build
1925
Sq. Ft.
2791
Lot Size
0.04
County
PHILADELPHIA
Basement
Finished
Tax
$1,380
MLS®️ Listing#
PAPH2510282
On exitrealty.com
145 days
Property Description
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!
Read more
- Utilities
- Natural Gas Available
- Sewer Available
- Water Available
- Electricity Available
- Cooling Information
- Central Air
- Gas
- Heating Information
- Natural Gas
- Forced Air
- House Interior
- Walk-In Closet(s)
- Open Floorplan
- Water Features
- Public
- Parking
- On Street
- Basement
- Finished
Listing Courtesy: KW Empower - 215-627-3500
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 EXIT Realty 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 closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2025 Bright MLS. All rights reserved.
Last Updated: 2025-09-05 16:48:15
See average values in the proximity of this property
Median Listing Price
Median Days on EXIT Realty®
Median Square Feet
Market statistics compiled from data from Bright MLS.
See several nearby properties
EXIT ELEVATE REALTY
1450 Grays Ferry Ave. 1st Floor, Philadelphia, PA 19143
See properties nearby this listing
Compare the values of homes nearby
$438,500
Share Listing
EXIT ELEVATE REALTY
1450 Grays Ferry Ave. 1st Floor, Philadelphia, PA 19143