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$325,000
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Property Description
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
Full Property Details
Full Property Details for 2050 Reed St
General
- Price: $325,000
- Taxes: $5,018 (2025)
- Status: Under Contract
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PAPH2663358
- Updated: 9/8/2026
- Added to Site: 47 day(s) ago
Rental Information
- Lease Info: None
Interior
- Appliances: Built-In Microwave, Oven - Single, Refrigerator, Stainless Steel Appliances
- Flooring: Vinyl
Parking
- Parking Type: On Street
Location
- Area: 19146 (19146)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: POINT BREEZE
- Cross Streets: S 21st
- Driving Directions: 20TH STREET TO LEFT ON REED STREET, PROPERTY TOWARDS END OF BLOCK ON LEFT.
- Location Details: Middle Of Block
School Information
- School District: Philadelphia City
Heating & Cooling
- Cooling Type: None
- Heating Type: Central, Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Contemporary
- Structure Type: End of Row/Townhouse
- Construction: Masonry
- Basement: Yes
- Basement Desc.: Full, Interior Access, Unfinished
- Foundation: Permanent
- Roof: Flat
- Square Feet: 1,508
- Sq. Ft. Source: Assessor
- Living Area: 1,508 Sq. Ft.
- Finished Above Grnd: 1,508 Sq. Ft.
- Year Built: 1923
- Year Built Source: Estimated
- Property Condition: Average
Unit Information
- Other Units: Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 960
- Lot Size Source: Estimated
- Lot Dimensions: 16.00 x 60.00
- Zoning: RSA5
- Lot Description: Rear Yard
Financial Considerations
- Price Per Sq. Ft.: $215.52
- Assessment Year: 2026
- School Tax: $2,810
- City/TownTax: $2,208
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $358,500
- Tax Amount: $5,018
- Tax Year: 2025
- Tax Total Finished Sq. Ft.: 1508
Disclosures and Reports
- Ownership: Fee Simple
- Bank-owned: Yes
- Lot Number: 215
Listed by RE/MAX Prime Real Estate, Jaimee A. Cohen
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Schools
Schools serving 2050 Reed St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Childs George W School 1599 Wharton Street, Philadelphia, PA 19146 | K-8 | 0.5 mi |
South Philadelphia High School 2101 South Broad Street, Philadelphia, PA 19148 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2050 Reed St
Date
Details
Price
Change
Source
8/24/2026
Listed
$325,000
6.56%
MLS
12/12/2018
Sold
$305,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2050 Reed St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$5,018
—
$337,800
-6%
2025
$5,018
—
$358,500
—
2024
$5,018
-21%
$358,500
-21%
2023
$6,369
137%
$455,000
100%
2021
$2,683
—
-100%
2020
$2,683
96%
$191,700
96%
2019
$1,368
39%
$97,700
39%
2018
$987
—
$70,500
—
2017
$987
—
$70,500
—
2016
$987
4%
$70,500
—
2015
$945
—
$70,500
—
2014
$945
1160%
$70,500
9080%
2013
$75
—
$768
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2050 Reed St
2050 Reed Street, Philadelphia, PA 19146 (MLS# PAPH2663358) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 2050 Reed Street is currently listed for $325,000 and was received on August 24, 2026. Want to learn more about 2050 Reed Street? Do you have questions about finding other Townhouse real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

