1,508 sqft$216/sqft
2050 Reed St, Philadelphia, PA 19146
Est: $2,070/moGet pre-approved

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,...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
LISTING UPDATED: 08/24/2026 07:27 PM

  1. Listed by Jaimee A. Cohen • RE/MAX Prime Real Estate
    P: (610) 622-7500 jmeec@rcn.com

Property Details for 2050 Reed Street

Status
MLS #
PAPH2663358
Days on Market
1
Taxes
$5,018 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi-Family / Fee Simple
Year Built
1923
Lot Size
0.02 AC / 960 SF
Tax ID Number
363007300
Ownership
Fee Simple
Structure Type
End of Row/Townhouse
Style
Contemporary
Waterfront
No
Garage
No
Subdivision
POINT BREEZE
Subdivision
POINT BREEZE (PHILADELPHIA PA)
Cross Street
S 21st
Municipality
PHILADELPHIA
Central Air
No
Basement
Yes
Above Grade Finished SQFT
1,508.00
Below Grade Finished SQFT
.00
Below Grade Unfinished SQFT
.00
Total Below Grade SQFT
.00
Total Below Grade SQFT Source
Assessor
New Construction
No
Property Condition
Average

Location

Listing Courtesy of RE/MAX Prime Real Estate
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Building Information for 2050 Reed Street

Stories2Residences-Year Built1923Building Size-Lot Size0.02 AC / 960 SF

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$2,070 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,652

Property Taxes

$418

HOA Dues

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Property Information for 2050 Reed Street

Location
Location
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 803408593408
  • County: PHILADELPHIA
  • MLS Area: 19146 (19146)
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: $358,500
  • Year Assessed: 2026
  • County Tax: $0
  • Improvement Assessed Value: $286,800
  • City Town Tax: $2,208
  • Land Assessed Value: $71,700
  • Clean Green Assessed: No
  • Land Use Code: U30
  • Zoning: RSA5
  • Tax Lot: 215
  • School Tax: $2,810
  • Automatically Update Tax Values Y/N: No
Lease Information
Lease Information
  • Rent Control: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 1
  • Units Furnished: None
  • Units Leased Count: 0
  • Number Of Units Vacant: 2
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: No
Unit 2
  • Type: Unit 1
  • Unit Type Occupied YN: No
Financial Information
Financial Information
  • Existing Lease Type: None
Building Info
Building Info
  • Year Major Reno Remodel: 2019
  • Building Units Total: 2
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 16.00 x 60.00
  • Lot Features: Rear Yard
  • Location Type: Middle Of Block
  • Parcel ID: 1116116
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Appliances: Built-In Microwave, Oven - Single, Refrigerator, Stainless Steel Appliances
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Central, Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 100 Amp Service
Confidential Data
Listing Office
  • List Agent AOR: Tri-County Suburban REALTORS

Property History for 2050 Reed Street

DateEvent & SourcePriceAppreciation
Aug 24, 2026

Listed (Active)

BRIGHT #PAPH2663358

$325,000
Aug 2, 2026

Expired

BRIGHT #PAPH2638940

Aug 2, 2026

Price Change

BRIGHT #PAPH2638940

$325,000
DateEvent & SourcePrice
08/24/2026

Listed (Active)

BRIGHT #PAPH2663358

$325,000
08/02/2026

Expired

BRIGHT #PAPH2638940

08/02/2026

Price Change

BRIGHT #PAPH2638940

$325,000

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

Public Records for 2050 Reed Street

Taxable ValueLand$67,560Additions$270,240Total$337,800
Tax Record2026$5,018 ($418 / month)
Home Facts
Beds4Baths2Total Finished SqFt1,508 SqFtAbove Grade Finished SqFt1,508 SqFtStories2Lot Size960 SqFtStyleTownhouseYear Built1923Year Renovated1923ZoningRSA5CountyPHILADELPHIAAPN36-3007300

Schools near 2050 Reed Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 5 to 12
Rating
School
Distance
Childs George W School
PublicPK to 8

South Philadelphia High School
Public9 to 12

Gamp
Public5 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.

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2050 Reed Street is a multi-family home for sale in Philadelphia, PA 19146. This property was listed for sale on August 24, 2026 by RE/MAX Prime Real Estate, it's currently listed at $325,000. It has been on the market for a total of 1 days and was last sold on December 14, 2018. This listing's school district is The School District of Philadelphia. Nearby schools include Childs George W School, South Philadelphia High School and Creative And Performing Arts High School. 2050 Reed Street is a 0-bed, 0-bath, 1,508 sqft multi-family home built in 1923.

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.

Listing Courtesy of RE/MAX Prime Real Estate

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.