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Property Description
PROPERTY IS BEING SOLD AS IS, PROPERTY NEEDS WORK, CASH OFFERS ONLY! Discover an incredible investment opportunity in the heart of Fairhill Philadelphia. This RM1-zoned property features two units, each offering 1 bedroom and 1 bathroom, with one unit on the 1st floor and the other on the 2nd floor. The bathrooms have already been completed, and some materials are on-site to assist with completing the renovations. The kitchens still need to be installed, and some new flooring is required to finish the project. With cosmetic repairs needed, this property is ideal for investors or homeowners looking to add value. Whether you're planning to flip, rent, or live in one unit while renting the other, this property offers endless potential. Situated in a growing area with convenient access to public transportation and local amenities, this is an opportunity you won't want to miss. The property is conveniently located near several schools, including St. Veronica Elementary School, Luis Munoz-Marin, and Taylor Bayard School, among others. Grocery options nearby include La Familia Latina Supermarket, Ventura Foods, Fine Fare Supermarket, and more. It is an 18-minute drive to the Allegheny Station - BSL stop, which connects to the BSL NRG Station to Fern Rock TC. Nearby recreational facilities include the Mann Recreation Center, Marcus Foster Memorial Stadium, and Lighthouse Field. Don't miss this opportunity to invest in a growing area with easy access to public transportation, local amenities, and more. Schedule your showing today!
Full Property Details
Full Property Details for 3424 N Reese St
General
- Sold For: $55,000
- Taxes: $746 (2025)
- Status: Closed
- Type: Duplex
- Source: BrightMLSPhilly
- MLS ID: PAPH2435432
- Added to Site: 359 day(s) ago
Exterior
- Exterior Features: Sidewalks, Street Lights
Parking
- Parking Type: None
Location
- Area: 19140 (19140)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Development Name: Fairhill
- Subdivision: Fairhill
- Cross Streets: W Glenwood Ave
- Driving Directions: To reach 3424 N Reese St, Philadelphia, PA 19140, start on the main road, Germantown Ave. Head northeast on Germantown Ave for about 1 mile, then turn right onto W Indiana Ave. Continue for approximately 0.5 miles, and then turn left onto N Reese St. Drive straight, and the destination will be on the right side of the street.
- Location Details: Urban
School Information
- School District: The School District Of Philadelphia
Heating & Cooling
- Cooling Type: Ductless/Mini-Split
- Heating Type: Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: None
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Structure Type: Interior Row/Townhouse
- Construction: Masonry
- Basement: Yes
- Basement Desc.: Full
- Foundation: Concrete Perimeter
- Stories/Levels: 0
- Square Feet: 650
- Sq. Ft. Source: Assessor
- Living Area: 650 Sq. Ft.
- Finished Above Grnd: 650 Sq. Ft.
- Year Built: 1920
- Year Built Source: Assessor
Unit Information
- Other Units: Unit 1, Unit 2
- 1 Bedroom Units: 2
Unit 1
- Unit Description: Unit 1
- Bedrooms: 1
Unit 2
- Unit Description: Unit 2
- Bedrooms: 1
Lot Features
- Property View: Street
- Lot Size (Acres): 0.01
- Lot Size (Sq. Ft.): 535
- Lot Size Source: Assessor
- Lot Dimensions: 13.00 x 41.00
- Zoning: RM1
Financial Considerations
- Price Per Sq. Ft.: $92.31
- Assessment Year: 2025
- School Tax: $417
- City/TownTax: $328
- City/TownTax Freq: Annually
- Tax w/Assessment: $53,300
- Tax Amount: $746
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 650
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 248
Listed by Re/Max @ Home, Maria Maria Quattrone Quattrone
Sold by Realty ONE Group Focus, Rafeara Sharay Tucker
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Schools
Schools serving 3424 N Reese St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Munoz-Marin Luis 3300 North 3rd Street, Philadelphia, PA 19140 | K-8 | 0.2 mi |
Edison Hs/Fareira Skills 151 West Luzerne Street, Philadelphia, PA 19140 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3424 N Reese St
Date
Details
Price
Change
Source
9/04/2025
Sold
$55,000
-8.33%
MLS
5/13/2025
Price Reduced
$60,000
-7.69%
MLS
3/06/2025
Price Reduced
$65,000
-7.14%
MLS
2/24/2025
Price Reduced
$70,000
-6.67%
MLS
1/24/2025
Listed
$75,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3424 N Reese Street, Philadelphia, PA 19140 (MLS# PAPH2435432) is a Duplex property that was sold at $55,000 on September 04, 2025. Want to learn more about 3424 N Reese Street? Do you have questions about finding other Duplex real estate for sale in Center City East? You can browse all Center City East real estate or contact a Coldwell Banker agent to request more information.

