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1501 Reed Street, Philadelphia PA 19146
1501 Reed Street, Philadelphia PA 19146
1501 Reed Street, Philadelphia PA 19146
1501 Reed Street, Philadelphia PA 19146
1501 Reed Street, Philadelphia PA 19146
1501 Reed Street, Philadelphia PA 19146
1501 Reed Street, Philadelphia PA 19146
1501 Reed Street, Philadelphia PA 19146
1501 Reed Street, Philadelphia PA 19146
1501 Reed Street, Philadelphia PA 19146
Pennsylvania>Philadelphia>Point Breeze

1501 Reed StreetPhiladelphia, PA 19146

For Sale

$899,000

Smart Buyer Rebate $8,990

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 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.

Listed by Kate Federico

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License #RS273035

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Compass Pennsylvania, LLC

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2158400049

Last updated January 20, 2026

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Source: BrightMLS #PAPH2575814

Listing Facts

  • TypeMulti-family
  • NeighborhoodPoint Breeze
  • Days on Prevu12
  • Taxes$8,048/year
  • Size4,320 sqft
  • Price per sqft$208

Location

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Listing History

01/18/2026
Listed by Compass Pennsylvania, LLC
$899,000

Property Details for 1501 Reed Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 4
  • Property Condition: Good
  • Year Built: 1915
  • Architectural Style: Traditional
  • Construction Materials: Masonry

Features

  • Other Structures: Above Grade, Below Grade
  • Waterfront: No

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.03
  • Lot Size Dimensions: 18
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 1,440
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $8,048.00
  • Tax Year: 2025

Interior

Features

  • Fireplace: No

Measurements

  • Living Area: 4,320
  • Living Area Source: Assessor

Rooms

  • Basement: Outside Entrance, Unfinished
  • Has Basement: Yes

Other

General

  • Exclusions: Tenants Belongings

Location

  • Subdivision Name: NEWBOLD
  • Tax Lot: 19

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Cooling: Central A/C
  • Heating: Central
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1501 Reed Street.

What are the annual taxes for 1501 Reed Street?

Annual taxes for this multi-family home are estimated at $8,048.

How does 1501 Reed Street compare to other multi-family homes in Point Breeze?

This multi-family home is listed 33% above the average price for multi-family homes in Point Breeze and has been on the market for 82 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 4,320 sqft.

1501 Reed Street is a -bedroom multi-family home for sale in PHILADELPHIA PA 19146. On Prevu for 12 days at $899,000. This property features 4,320 square feet of living space, located in Point Breeze. The median listing price for multi-family homes in this area is $354,000. Browse more multi-family home listings in Philadelphia.

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.