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531 S 55TH StreetPhiladelphia, PA 19143

For Sale

$425,650

Smart Buyer Rebate $4,257

Fully renovated 4-bed, 3-bath Cobbs Creek rowhome with a chef's kitchen, a spa-style primary bath, and a finished walkout basement with in-law suite potential. The main level has new hardwood floors and an open layout. A center sliding glass door brings in natural light and opens onto a large, fully fenced backyard. The kitchen centers on an oversized island, with a designer backsplash, built-in wall oven, stainless appliances, and plenty of cabinet space. Upstairs, the primary suite is a true retreat. The bathroom has a freestanding soaking tub, an oversized glass-enclosed shower, imported tile, and modern fixtures. The middle bedroom's opening is set up for custom French doors on barn-door sliders, which are being made now. Since they aren't installed yet, the buyer can choose those doors, a standard door, or leave the opening open as an airy flex space. The finished walkout basement has a fourth bedroom and a full bath, with direct access to the backyard. It works well for guests, extended family, a home office, or a gym. The seller will provide additional egress to the basement for independent access, along with a custom basement kitchenette. Alternatively, the seller may consider engaging the process for a two-family dwelling. Buyers are encouraged to make an offer and inquire. Buyers should check zoning and permit requirements themselves. The location is close to University City, Penn, the major hospitals, and Center City, and a short walk to Cobbs Creek Park and its trails. Baltimore Avenue's restaurants, Clark Park, and SEPTA are all nearby. It's move-in ready, with about 2,412 finished sq ft. Seller is offering creative financing, including seller financing and a lease-purchase option, and will consider seller concessions. A 10-year tax abatement has been approved by the City (OPA approval letter on file). Buyer grants may be available; buyers should inquire about grant eligibility. Seller is a licensed real estate professional. Note: Some listing photos are virtually staged or AI-generated renderings, including renderings of a proposed optional basement entrance; they are for illustration only and do not show current conditions. Inquire with seller regarding this optional secondary basement access.

Listed by Julian V Hinson

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License #RMR002133

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Ergo Real Estate Company

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2676073551

Last updated October 29, 2026

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Source: Bright #PAPH2678584

Listing Facts

  • TypeSingle-family
  • NeighborhoodCobbs Creek
  • Bedrooms4
  • Bathrooms3
  • Days on Prevu24
  • Taxes$3,262/year
  • Size2,412 sqft
  • Price per sqft$176

Location

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Listing History

10/29/2026
Price Decreased
$425,650
10/07/2026
Listed by Ergo Real Estate Company
$443,425
  1. 10/29/2026$425,650
    Price Decreased
  2. 10/07/2026$443,425
    Listed by Ergo Real Estate Company

Property Details for 531 S 55TH Street

Exterior

Construction

  • New Construction: No
  • Year Built: 1925
  • Architectural Style: Colonial
  • Construction Materials: Masonry

Features

  • Other Structures: Above Grade
  • Waterfront: No

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.04
  • Lot Size Dimensions: 16
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 1,552
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $3,262.00
  • Tax Year: 2026

Interior

Features

  • Fireplace: No

Measurements

  • Living Area: 2,412
  • Living Area Source: Estimated

Rooms

  • Basement: Fully Finished
  • Has Basement: Yes
  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 4

Other

General

  • Senior Community: No

Location

  • Subdivision Name: COBBS CREEK
  • Tax Lot: 97

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Cooling: Central A/C
  • Heating: Hot Water
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 4 bedrooms and 3 bathrooms in this single-family home at 531 S 55TH Street.

What are the annual taxes for 531 S 55TH Street?

Annual taxes for this single-family home are estimated at $3,262.

How does 531 S 55TH Street compare to other single-family homes in Cobbs Creek?

This single-family home is listed 96% above the average price for single-family homes in Cobbs Creek and has been on the market for 97 less days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 2,412 sqft.

531 S 55TH Street is a 4-bedroom, 3-bath single-family home for sale in PHILADELPHIA PA 19143. On Prevu for 24 days at $425,650. This includes a recent price decrease of $17,775. This home features 2,412 square feet of living space, located in Cobbs Creek. The median listing price for single-family homes in this area is $229,000. View other single-family home listings in Philadelphia.

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. Copyright BRIGHT, All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.