Recently Listed New Construction 947 N 47Th Street # 1
Philadelphia, PA, 19131 $ 275,000
Bedrooms3 Baths2.0 Sq 1,100 Monthly Estimate*
$ 1,899
for $275,000 with 3 bedrooms and 2 full baths. This 1,100 square foot condo was built in 2026.
HOMEOWNERSHIP MAY BE CLOSER THAN YOU THINK! Qualified buyers may be eligible for special homeownership financing, down-payment and closing-cost assistance programs that can significantly reduce the upfront cost of purchasing this home. Existing Philadelphia Housing Authority Housing Choice Voucher participants may also qualify to use their housing assistance toward homeownership. Ask for details and connect with an approved lender or housing counselor to explore programs available based on individual qualifications. Welcome to 947 N 48th Street, Unit 1, a completely brand-new, ground-up construction bi-level condominium offering 3 bedrooms, 2 full bathrooms, a private backyard, and two thoughtfully designed levels of living space. Everything is brand new, giving the first owner the opportunity to enjoy new construction, modern finishes, new systems, and a home that has never been lived in. Enter through the main level into a bright, open living space finished with luxury vinyl flooring. The contemporary kitchen features GE stainless steel appliances, modern cabinetry, generous storage, and an open layout that connects naturally with the living and dining areas. Also located on the first floor is one of the home's three bedrooms, complete with a large closet, along with a full bathroom conveniently located on the same level. From the main living area, step outside into your own private backyard, creating additional space for entertaining, grilling, relaxing, or enjoying time outdoors. Continue downstairs to the finished lower level, where two additional bedrooms provide generous closet space and flexibility for family, guests, roommates, or a home office. A second full bathroom serves this level, along with a dedicated laundry area featuring an included washer and dryer. With bedrooms and a full bathroom on both levels, the layout provides valuable separation, privacy, and flexibility for everyday living. What sets Unit 1 apart is the combination of completely new construction, three bedrooms, two full bathrooms, two finished levels, large closets, in-unit laundry, a private backyard, and a low monthly condominium fee. From the appliances and flooring to the mechanical systems and finishes, everything has been newly built from the ground up. Just approximately a five-minute walk from Fairmount Park, the home offers convenient access to one of Philadelphia's greatest outdoor amenities, with trails, green space, recreation, and biking close to home. The location also provides easy access to University City, Center City, public transportation, neighborhood restaurants, shopping, and everyday conveniences. For a first-time buyer, growing household, or anyone ready to move from renting into ownership, Unit 1 offers the opportunity to begin building equity while enjoying the space, private outdoor area, modern finishes, and lower-maintenance lifestyle of a completely brand-new home.
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FeaturesGeneralLiving Area 1100
Sewer Public Sewer
Heating 90% Forced Air
Cooling Central A/C
Possession Settlement
Appliances Dishwasher Dryer Washer - Front Loading Washer/Dryer Hookups Only Dryer - Electric Dryer - Front Loading Stainless Steel Appliances Stove Oven - Single Microwave Oven/Range - Electric Refrigerator Wa
Zoning RM-1
HOA Fee 0.00
Association Fee Includes Other
Architectural Style Traditional
Construction Materials Masonry
School District PHILADELPHIA CITY
Year Built 2026
Electric 150 Amps
Levels 2
Unit Number 1
Tax Year 2026
Ownership Condominium
Cool Fuel Electric
Municipality PHILADELPHIA
Accessibility 32 + wide Doors
Assoc Fee Paid Per Unknown
County PHILADELPHIA
New Construction Y
Property Type Residential
Association Amenities Other
HOA Y
Subdivision Name PHILADELPHIA
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade
Total Rooms 5
Full Baths 2
Status ACTIVE
Directions Google Maps
City PHILADELPHIA
Senior Community Y/N N
MLS Area 19131 (19131)
Tax Annual Amount 0.0
Property Condition Excellent
Structure Type Interior Row/Townhouse
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 1
Bathrooms Count Main Level 1.00
Price Per Sq Ft Total AG 250.0
Acceptable Financing Cash Conventional FHA VA
Construction Completed Y/N Y
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
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InteriorInterior Amenities Bathroom - Tub Shower Dining Area Efficiency Floor Plan - Open Kitchen - Island Recessed Lighting Upgraded Countertops Kitchen - Efficiency Kitchen - Eat-In
Heating Fuel Electric
Basement Daylight Full
Flooring Luxury Vinyl Plank Tile/Brick
Hot Water Electric
Basement (Y/N) Y
Heating Y/N Y
Above Grade Finished Area 1100
Half Baths 0
Central Air Y/N Y
Total Bedrooms 3
Main Level Bedrooms 1
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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ExteriorPool No Pool
Water Source Public
Inclusions All appliances
Type of Parking None
Foundation Details Slab
Water View Y/N N
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByCompass Pennsylvania, LlcBroker
reda.akbil@compass.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,899
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCondo listings in Philadelphia, PA
Average List Price $678,940
Percent of Sale Price 147%
About Philadelphia, PA 1,588,239 Population
5% Since 2002
$ 42,223 Median Income
36 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
4835660 Elementary School
4835659 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/8/2026 | $275,000 | | Listed Price |