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1501 Reed Street Philadelphia, PA $ 939,000
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$ 939,000 Get more info
1501 Reed Street
$ 939,000
Back to search
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1501 Reed Street

Philadelphia, PA, 19146
$ 939,000
Bedrooms7 Baths0.0

Monthly Estimate*

$ 5,858

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Multi-Family Home for sale in Philadelphia, PA

for $939,000 with 7 bedrooms. This home was built in 1915 on a lot size of 0.03.

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 youre 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.

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Multi-Family Active

Price

$ 939,000

Bedrooms

7

Property Type

Multi-Family

Taxes

$ 8,048

Style

Lot Size

0.03

Year Built

1915

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2436340
Features
General
Living Area 4320
Sewer Public Sewer
Heating Central
Cooling Central A/C
Possession 0-30 Days CD 31-60 Days CD
Zoning RSA5
Architectural Style Other
Construction Materials Masonry
School District PHILADELPHIA CITY
Exclusions All tenants belongings
Year Built 1915
Property Subtype Other
Tax Year 2025
Ownership Fee Simple
Cool Fuel Natural Gas
Municipality PHILADELPHIA
Accessibility Other
County PHILADELPHIA
New Construction N
Property Type Multi-Family
Subdivision Name NEWBOLD
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions On Reed St at 15th one block off Broad St.
City PHILADELPHIA
Disclosures Lead Based Paint - State
Number Of Units Total 4
MLS Area 19146 (19146)
Lot Size Units Square Feet
Lot Size Square Feet 1440.00
Number of Units Leased 5
Tax Annual Amount 8048.0
Property Condition Good
Two Bedroom 1
Structure Type End of Row/Townhouse
Price Per Sq Ft Total AG 217.36
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Location Type Urban
Lease Type Month to Month Yearly
Standard Status Active
Year Built Source Assessor
Tax Lot 19
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Interior
Heating Fuel Natural Gas
Basement Unfinished
Hot Water Natural Gas
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N Y
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Exterior
Pool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Other
Water View Y/N N
Lot Dimensions 18.00 x 80.00
Lot Size Acres 0.03
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 172500.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1501
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* Excluded Features
List By
Compass Pennsylvania, Llc

Broker

katefederico@compass.com

Email

Affordability Calculator

$6,529
Per Month
90%
10%
0%
Monthly Principal & Interest
$5,858
Monthly Property Taxes
$671
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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.
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Nearby
4835660 Elementary School
4835659 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
8/23/2025$939,000 -5.63% Price Down
5/6/2025$995,000 -9.55% Price Down
1/20/2025$1,100,000 Listed Price

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1501 Reed Street, Philadelphia, PA, 19146 is a Multi-Family Home for sale at $939,000 with a lot size of 0.03. 1501 Reed Street has 7 bedrooms, 0.0 baths, and was built in 1915. The property's zip code is 19146 which is in Philadelphia, PA

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