1501 Reed Street Philadelphia, PA $ 899,000
1501 Reed Street
$ 899,000
Recently Listed
Share Save

1501 Reed Street

Philadelphia, PA, 19146
$ 899,000
Bedrooms-- Baths--

Monthly Estimate*

$ 5,535

1501 Reed Street, Philadelphia, PA 19146 - Image 1
1501 Reed Street, Philadelphia, PA 19146 - Image 2
1501 Reed Street, Philadelphia, PA 19146 - Image 3
1501 Reed Street, Philadelphia, PA 19146 - Image 4
1501 Reed Street, Philadelphia, PA 19146 - Image 5
1501 Reed Street, Philadelphia, PA 19146 - Image 6
1501 Reed Street, Philadelphia, PA 19146 - Image 7
1501 Reed Street, Philadelphia, PA 19146 - Image 8
1501 Reed Street, Philadelphia, PA 19146 - Image 9
1501 Reed Street, Philadelphia, PA 19146 - Image 10
1501 Reed Street, Philadelphia, PA 19146 - Image 11
1501 Reed Street, Philadelphia, PA 19146 - Image 12
1501 Reed Street, Philadelphia, PA 19146 - Image 13
1501 Reed Street, Philadelphia, PA 19146 - Image 14
1501 Reed Street, Philadelphia, PA 19146 - Image 15
1501 Reed Street, Philadelphia, PA 19146 - Image 16
1501 Reed Street, Philadelphia, PA 19146 - Image 17

Commercial Property for sale in Philadelphia, PA

for $899,000. This building 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 (3) one bed one bath units , (1) two bed one bath unit and (2) 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.

See more

Commercial Active

Price

$ 899,000

Property Type

Commercial

Taxes

$ 8,048

Style

Apartment Building

Lot Size

0.03

Year Built

1915

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2575820

Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N Y
See more
General
Sewer Private Sewer
Heating Central
Cooling Central A/C
Possession 0-30 Days CD 31-60 Days CD
Zoning RSA5
Construction Materials Masonry
Exclusions Tenants Belongings
Year Built 1915
Property Subtype Five Or More Units
Tax Year 2025
Ownership Fee Simple
Cool Fuel Natural Gas
Municipality PHILADELPHIA
Business Type Apartment Building
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Subdivision Name NEWBOLD
Water Access Y/N N
Status ACTIVE
Directions On the corner of 15th & Reed
City PHILADELPHIA
Number Of Units Total 1
MLS Area 19146 (19146)
Lot Size Units Square Feet
Lot Size Square Feet 1440.00
Tax Annual Amount 8048.0
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 19
See more
Exterior
Water Source Public
Type of Parking None
Water View Y/N N
Building Area Total 0.00
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
See more
Internal Only
Street Number 1 1501
See more
* Excluded Features
List By
Compass Pennsylvania, Llc

Broker

katefederico@compass.com

Email

Affordability Calculator

$6,206
Per Month
89%
11%
0%
Monthly Principal & Interest
$5,535
Monthly Property Taxes
$671
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/18/2026$899,000 Listed Price

Map


See all

1501 Reed Street, Philadelphia, PA, 19146 is a Commercial Property for sale at $899,000 with a lot size of 0.03. 1501 Reed Street was built in 1915. The property's zip code is 19146 which is in Philadelphia, PA