
1501 Reed St Philadelphia, PA 19146
Point Breeze NeighborhoodEstimated payment $5,778/month
About This Home
Calling ALL Investors. Prime Location in the heart of Philadelphia's Newbold neighborhood! This turn key SIX UNIT multi family building consists of SIX updated, separately metered & CENTRAL AIR units. This amazing CORNER building consists of (4) one bed one bath units , (1) two bed one bath unit and (1) one bedroom with den , 1 bath unit. Tons of natural light, high ceilings, generous closets. Whether you’re a seasoned investor, 1031 Exchange or exploring multifamily opportunities for the first time, this property offers solid location, functionality, and long-term value. Close proximity to local coffee shops & bakeries, Giant & Sprouts, Sports Complexes, Universities, Passyunk Square's trendy restaurants and Rittenhouse square retail, historic sites and more.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,048
Year Built
- Built in 1915
Lot Details
- 1,440 Sq Ft Lot
- Lot Dimensions are 18.00 x 80.00
- Property is in good condition
Parking
- On-Street Parking
Home Design
- 4,320 Sq Ft Home
- Masonry
Location
- Urban Location
Utilities
- Central Heating and Cooling System
- Cooling System Utilizes Natural Gas
- Natural Gas Water Heater
Additional Features
- Unfinished Basement
Listing and Financial Details
- Tax Lot 19
- Assessor Parcel Number 881114101
Community Details
Overview
- 4 Units
- Newbold Subdivision
Building Details
- 1 Vacant Unit
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/22/2025 08/22/25 | Price Changed | $939,000 | -5.6% | $217 / Sq Ft |
05/06/2025 05/06/25 | Price Changed | $995,000 | -9.5% | $230 / Sq Ft |
01/21/2025 01/21/25 | For Sale | $1,100,000 | -- | $255 / Sq Ft |
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Source: Bright MLS
MLS Number: PAPH2436340

APN: 36-5-3483-00
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