2050 REED STREETPHILADELPHIA, PA 19146

Multi-Family · 1,508 Sq. ft. | 0.02 Acres
$335,000 ACTIVE

2050 REED STREET Overview

Time on Site:
11 days
Visits:
0

Updated Duplex in Point Breeze! Well-maintained 2-story brick end-row duplex situated on a residential street in the Point Breeze section of South Philadelphia. This rapidly developing neighborhood continues to experience significant growth, with new construction and redevelopment projects throughout the area. The property features two separately metered living units (shared water service) with numerous updates. The first-floor unit offers 1&2 bedrooms, in-unit laundry, updated kitchen and bathroom, vinul flooring and direct access to the full basement, providing ample storage space and utility access. The second-floor unit features 2 bedrooms, 1 full bathroom, an exposed brick accent wall, vinyl flooring, and an updated kitchen and bathroom. This unit also includes the convenience of in-unit laundry. The full basement is accessible through the first-floor unit and offers excellent storage potential. With separate utilities, updated interiors, and strong income-producing potential, this property is ideal for investors or owner-occupants seeking rental income. Conveniently located near shopping, dining, public transportation, and major commuter routes, this is an excellent opportunity to own in one of South Philadelphia's most active growth neighborhoods. Buyeris responsible for 100% transfer tax. This is a Fannie Mae homepath property. Buyers complete the homepath Ready Buyer home ownership course on Homepath website. Attach certificate to offer up to 3% closing cost assistance. First Look applies

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2050 REED STREET Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,508
  • Price/Sq.ft. $222
  • Lot 0.02 Acres

Details

General

Income/Expenses

  • Existing Lease Type: None

Listing Information

  • Real Estate Owned: Yes
  • Short Sale: No

Building Information

  • New Construction: No
  • Pool: No Pool
  • Total SQFT: 1508
  • Year Built: 1923

Location/Region

  • Country: US
  • County: PHILADELPHIA
  • County Or Parish: PHILADELPHIA
  • MLS Area Major: 19146 (19146)
  • Subdivision Name: POINT BREEZE

Parking Information

  • Type of Parking: On Street

Tax Information

  • City/Town Tax: 2208.00
  • City/Town Tax Payment Frequency: Annually
  • County Tax Payment Frequency: Annually
  • School Tax: 2810.00
  • Tax Annual Amount: $5,018.00
  • Tax Assessed Value: 358500.00
  • Tax Year: 2025

General Information

  • Property Condition: Average
  • Property Sub Type: Duplex
  • Property Type: Multi-Family
  • Rent Control: No
  • School District Name: PHILADELPHIA CITY
  • Special Listing Conditions: Bank Owned/REO
  • Vacation Rental: No
  • Year Assessed: 2026
  • Zoning: RSA5

Unit Information

  • Other Units: Unit 1,Unit 2

Interior

Building Information

  • Building Winterized: Yes
  • Cooling Fuel: None
  • Heating Fuel: Natural Gas

Parking Information

  • Garage: No

Building Exterior/Construction

  • Structure Type: End of Row/Townhouse

Building Interior

  • Above Grade Finished Area: 1508
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area: 0
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Central Air: No
  • Hot Water: Natural Gas

General Information

  • Accessibility Features: None
  • Appliances: Built-In Microwave, Oven - Single, Refrigerator, Stainless Steel Appliances
  • Cooling: None
  • Electric: 100 Amp Service
  • Fireplace: No
  • Flooring: Vinyl
  • Foundation Details: Permanent
  • Living Area: 1508
  • Living Area Source: Assessor
  • Units Furnished: None

Unit Information

  • One Bedroom Units Count: 0
  • Single Room Units Count: 0
  • Three Bedroom Units Count: 0
  • Two Bedroom Units Count: 2

Exterior

Lot Information

  • Lot Dimensions Source: Assessor
  • Lot Features: Rear Yard
  • Lot Size Dimensions: 16.00 x 60.00
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 960.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Contemporary
  • Construction Materials: Masonry
  • Roof: Flat

General Information

  • Number Of Units Leased: 0
  • Number Of Units Mo Mo: 0
  • Number Of Units Total: 2
  • Number Of Units Vacant: 2
  • Other Structures: Above Grade,Below Grade
  • Sewer: Public Sewer
  • Water Access: No

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 2
  • Description: Basement access, washer/dryer included.

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 2
  • Description: Washer/dryer included.

2050 REED STREET Neighborhood

Community

19146 (PHILADELPHIA) Demographics

33
Median Age
22,904
Population Density (per sq. mile)
58%
College Educated
$77,091
Estimated Median Income
9,101
Estimated Total Home Owners
8,201
Estimated Total Renters
53% / 47%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

2050 REED STREET Monthly Cost

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$ %
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$
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2050 REED STREET Market Data

Based on the last 30 days in this zip code

$652,275
Average List Price
$386
Average Price per Square Foot
74
Properties Sold
83
Average Days on Market
346
Properties for Sale
Calculations provided by Reliance Network

2050 REED STREET History

Date Event Value Agent
6/18/2026Source: BRIGHT MLS Added to Database
June 18, 2026
12/3/2024Source: BRIGHT MLS Added to Database
August 11, 2021
12/3/2024Source: BRIGHT MLS Added to Database
August 12, 2021
12/3/2024Source: BRIGHT MLS Added to Database
August 12, 2021
Listing provided courtesy of RE/MAX Prime Real Estate- MLS# PAPH2638940MLS ProviderContact Information: [email protected] - 6106227500