1013 Reed St

Philadelphia, PA 19147

$750,000
Price
2
Beds
1
Bath
2,169 Sq. Ft.
$346 / Sq. Ft.
2,169
Sq. Ft.
$346
per Sq. Ft.
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Listed By CompassVirtual Tour
Listed By CompassVirtual Tour
a view of a city
a view of a building with sitting area
a view of a workspace with furniture
a view of a room with gym equipment
a view of a storage & utility room
a room with furniture and a flat screen tv
a view of a storage & utility room
a bathroom with a toilet sink and mirror
a view of a room with gym equipment
a outdoor space with furniture
a view of front door of house
a living room with furniture
a room with stainless steel appliances a sink and a table
a view of a dining room with furniture window and outside view
a kitchen with white cabinets and white appliances
a kitchen with stainless steel appliances granite countertop a refrigerator sink and cabinets
a kitchen with stainless steel appliances granite countertop a refrigerator sink and cabinets
a view of a dining room with furniture and a window
a view of a dining room with furniture and a chandelier fan
a bedroom with a large bed and a window
a bedroom with a bed and a window
a bathroom with a sink and a mirror
a living room with furniture and a window
a living room with furniture and a window
a living room with furniture
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Description

Take advantage of this incredible opportunity to own a commercial income-generating property in one of the hottest areas of the city! This mixed-use building is located in the heart of Passyunk Square, just steps from Passyunk Ave and in the middle of all of the shops, cafes, and restaurants and more that this amazing community has to offer. The commercial space is located on the first floor and is currently set up as a hair and nail salon, which has been in business and thriving for over 22 years-...Take advantage of this incredible opportunity to own a commercial income-generating property in one of the hottest areas of the city! This mixed-use building is located in the heart of Passyunk Square, just steps from Passyunk Ave and in the middle of all of the shops, cafes, and restaurants and more that this amazing community has to offer. The commercial space is located on the first floor and is currently set up as a hair and nail salon, which has been in business and thriving for over 22 years- a testament to the stability and the prime location of this property. The business is not included in the sale of the property (building only) and the current renewal term of the commercial lease expires in February 2027, allowing a potential buyer to use the commercial space for their own business- or continue leasing and collect the rent. The unique position of the building allows for maximum frontage along Reed Street (which enjoys a lot of foot traffic) and a more private entrance to the 2nd floor apartment on Alder Street. There is ample street parking in front of the building, as well as in the large ACME shopping plaza across the street, which makes it convenient for people patronizing the business. The commercial space spans the 1st floor and the basement, which has a large door with a steps and a ramp to the exterior yard, providing easy access for storage or more. It also already has a ramp installed to the entrance of the commercial space, which avoids one of the more expensive accessibility modifications that many business have to resolve. On the second floor you'll find a bright and sunny two-bedroom apartment, with hardwood floors, several closets, full 3 piece bathroom, and washer and dryer. This apartment was previously occupied by the owner and is now vacant, in case the buyer would like to occupy it. If not, it is in impeccable shape and is ready to rent- and rentals in Passyunk go extremely quickly. In an extremely walkable location, within two blocks of the property you'll find a large supermarket, post office, pharmacy, dog park and playground, gym, as well as many restaurant and shops. Close to public transportation, easy access to major roadways and only 3 blocks from the Broad Street subway line, this location can't be beat!

Listing Agent

  1. Rachel Street

    Rachel Street

    Listing Agent

    Compass

    P: (267)-357-1334

    CallText

Property Details for 1013 Reed Street

Tax ID Number
871501950
Ownership
Fee Simple
Structure Type
End of Row/Townhouse
Style
Traditional
Waterfront
No
Garage
No
Subdivision
PASSYUNK SQUARE
Subdivision
PASSYUNK SQUARE (PHILADELPHIA PA)
LISTING UPDATED: 06/23/2026 01:20 PM

Property Details for 1013 Reed Street

StatusActive
MLS #PAPH2640268
Days on Market28
Taxes$1,175 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1920
Lot Size0.02 AC / 954 SF
CountyPhiladelphia County
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Location

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Building Information for 1013 Reed Street

Stories-Residences2Year Built1920Building Size-Lot Size0.02 AC / 954 SF

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$3,835 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,737

Property Taxes

$98

HOA Dues

$0

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Property Information for 1013 Reed Street

Location
Location
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 803408593408
  • SchoolDistrictSource: 3rd Party
  • County: PHILADELPHIA
  • MLS Area: 19147 (19147)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $84,000
  • Year Assessed: 2026
  • County Tax: $0
  • Improvement Assessed Value: $26,980
  • City Town Tax: $517
  • Land Assessed Value: $57,020
  • Clean Green Assessed: No
  • Land Use Code: S30
  • Zoning: CMX1
  • Tax Lot: 187
  • School Tax: $658
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 1
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2
  • Units Leased Count: 1
  • Number Of Units Vacant: 1
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Features: Commercial Unit- currently set up as a nail and hair salon. Leased through 2/2027
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: No
  • Level: 2
  • Unit Type Lease Type: None
  • Beds Total: 2
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Features: 2 Bedroom Apartment with Full Bath, formerly owner-occupied and now vacant
Financial Information
Financial Information
  • Existing Lease Type: Long Term
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 2,169.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 18.00 x 60.00
  • Lot Dimensions Source: Assessor
  • Lot Features: Corner
  • Parcel ID: 880913
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Interior Features: Ceiling Fan(s), Combination Kitchen/Dining, Wood Floors
  • Fireplace: No
  • Appliances: Microwave, Oven/Range - Gas, Dishwasher, Refrigerator, Washer, Dryer
  • Accessibility Features: Ramp - Main Level, Mobility Improvements
  • Virtual Tour URL Unbranded: https://www.youtube.com/watch?v=Ra5cTkETlQE
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Radiator
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS
  • List Agent URL: www.streetgroupphilly.com

Property History for 1013 Reed Street

DateEvent & SourcePriceAppreciation
Jun 23, 2026

Listed (Active)

BRIGHT #PAPH2640268

$750,000—
DateEvent & SourcePrice
06/23/2026

Listed (Active)

BRIGHT #PAPH2640268

$750,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1013 Reed Street

Taxable ValueLand-Additions-Total-
Tax Record2025$1,176 ($98 / month)
Home Facts
Total Finished SqFt1,505 SqFtAbove Grade Finished SqFt1,505 SqFtStories2Lot Size954 SqFtStyleOffice BuildingYear Built1920ZoningCMX1CountyPHILADELPHIAAPN87-1-5019-50

Schools near 1013 Reed Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Fanny Jackson Coppin School
Public - PK to 8
Furness Horace High School
Public - 9 to 12
Academy At Palumbo
Public - 9 to 12
Creative And Performing Arts High School
Public - 9 to 12
Rating
School
Distance
Fanny Jackson Coppin School
PublicPK to 8

Furness Horace High School
Public9 to 12

Academy At Palumbo
Public9 to 12

Creative And Performing Arts High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Passyunk Square
Passyunk Square
Philadelphia’s culinary haven. Amidst the quiet, brick-lined streets of South Philadelphia lies Passyunk Square—one of the city’s most vibrant and magnetic neighborhoods. It is also home to what has been called one of the best foodie streets in the country. An organically growing community that...
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More information about 1013 Reed Street, Philadelphia, PA 19147

1013 Reed Street is a multi-family home for sale in Philadelphia, PA 19147. This property was listed for sale on June 23, 2026 by Compass, it's currently listed at $750,000. This listing's school district is The School District of Philadelphia. Nearby schools include Fanny Jackson Coppin School, Furness Horace High School and Academy At Palumbo. 1013 Reed Street is a 2-bed, 1-bath, 2,169 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.