Back 2050 Reed St
Off Market

2050 Reed St

Philadelphia PA 19146

4
1508 sq. ft.
960 sq. ft.
Duplex
Last sold for $315,000
Jaimee CohenJaimee Cohen, last sold this property on 06 November 2026 after 1498 days on market.

Overview

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

Features

4 bedrooms
1508 sq. ft. floor area
960 sq. ft. lot size
Duplex

Estimated Value

Based on this property and similar 4 bedroom duplexes sold in Philadelphia over the last 12 months, the estimated median property value of 2050 Reed St is $645k.

Median value
$645k
Estimated value range
$285k - $800k
Median days on market
57
Estimated value trend
12%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Philadelphia. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2050 Reed St

2026
Sold
$315,000
06 Nov 2026 by Jaimee Cohen, of REMAX Prime Real Estate | Clifton Heights
2018
Sold
$305,000
14 Dec 2018 by Frank Altamuro, of Coldwell Banker Realty
2016
Sold
$125,000
10 Nov 2016 by Frank Altamuro, of Coldwell Banker Preferred - Old City

Happy sellers in Philadelphia

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We have insufficient information to provide an overview of customer satisfaction for Philadelphia. Viewing the agent profiles, reviews and sales for Philadelphia can provide insights for this location.

Local market activity for 4 bedroom duplexes in Philadelphia

In the last 12 months, 11 four-bedroom duplexes similar to 2050 Reed St, have been sold.

This represents a 25% increase in four-bedroom duplexes sales when compared to the previous 12 months.

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