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1501 Reed St photo 1
for sale
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$899,000

0beds
|
0baths
|
4,320sqft
|
1915built
1501 Reed St,Philadelphia, PA 19146

Est.$5,911/moCustomize payment

What's special

$208/sqft

Price per square foot

Built in 1915

111 years old

Overview

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 lo...

Listing updated: April 19, 2026 at 4:48 PM

Listed by:

Kate Federico 215-840-0049, Compass Pennsylvania, LLC, Co-Listing Agent: Eric I Fox 267-625-4504, Compass Pennsylvania, LLC

Source: Bright MLS · MLS #PAPH2575814Bright MLS

Property details

Cost estimate

Est. monthly payment

$5,683/mo
Principal & interest
$4,713
Property tax
$671
Home insurance (est.)
$300

Down payment

$179,80020% of list price
Adjust down payment20%
0%25%50%

Based on 20% down ($179,800), 6.85% interest rate, 30-year fixed. Insurance is an estimate. Actual costs may vary.

Rates provided by Mable Loans.

Customize scenario

Price history

DateEventPrice
Jan 18, 2026Listed for sale$899,000

Location

1501 Reed St, Philadelphia, PA 19146

Recently sold nearby

Similar homes sold within 0.5 miles in the last 90 days.

This home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.

Nearby homes

$899,000

0 beds · 0 baths · 4,320 sqft

Bright MLS

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange (IDX) program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Samson Properties participates, and is provided by BRIGHT through a licensing agreement. © 2026 Bright MLS, All Rights Reserved. Information deemed reliable but not guaranteed. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Data last updated: 6/4/2026.