1524 REED ST is priced right and is a great buy in the sought after New Bold neighborhood. Location is the first selling point, the second is the inherit potential and third is the vast size. Home is ready for a savvy investor or homeowner ready to make this property a wonderful home. High ceilings, large basement, and tons of SF all waiting for buyers to do as they wish. Current owner had wonderful architectural plans prepared for this property and ideas to transform this home into a modern layout meeting current buyer's wants and needs. Come finish this project and end up with a property that you will be proud to call home or ask about the 203K process to include your renovation costs into the mortgage. This property will not last long so act quickly.
TownhomeProperty Type
1925Year Built
899 sq ftLot Size
$177Est. Price/Sq.Ft.
Listed by • Keller Williams Main Line
•610-520-0100 (broker)
•info@mainlinekw.com (broker)
Bought with Sergio Rojstaczer• Tara Management Services Inc
Three bedroom home for sale in Philadelphia's Newbold section of South Philly. Its conveniently located close to the Broad Street subway line, great restaurants in Newbold like American Sardine bar and walkable to East Passyunk Square where you can have your pick of great restaurants, bars and shopping. This home has two front doors and is 1240 square feet. It was used as a store front when the first family owned it many years ago. The home is ripe for improvement. The first floor has three rooms, front sitting room, living room, dining room and kitchen in the back that leads to a small outdoor space. Upstairs you will find the usual layout of three bedrooms and a hall bathroom. Bring your creative side and imagine how you will make this home your nest.
Year
Property tax
Land + Additions
Assessment*
2026
$3,154
$45,060 + $180,240
$225,300
2025
$3,154 (+7.0%)
$45,060 + $180,240
$225,300
2024
$2,947
$42,100 + $168,400
$210,500
2023
$2,947 (+45.3%)
$42,100 + $168,400
$210,500
2022
$2,028
$28,184 + $116,716
$144,900
2021
$2,028
$28,184 + $116,716
$144,900
2020
$2,028 (+7.6%)
$28,184 + $116,716
$144,900
2019
$1,886 (+45.5%)
$26,200 + $108,500
$134,700
2018
$1,296
$18,057 + $74,543
$92,600
2017
$1,296 (+12.6%)
$18,057 + $74,543
$92,600
2015
$1,151
$11,148 + $74,752
$85,900
2014
$1,151 (+128.6%)
$11,148 + $74,752
$85,900
2013
$503 (+3.6%)
$1,129 + $4,023
$5,152
2012
$486 (+3.9%)
$1,129 + $4,023
$5,152
2011
$468 (+9.9%)
$1,129 + $4,023
$5,152
2010
$426
$1,129 + $4,023
$5,152
Tax history for 1524 Reed St
Year
Property tax
Land + Additions
Assessment*
2026
$3,154
$45,060 + $180,240
$225,300
2025
$3,154 (+7.0%)
$45,060 + $180,240
$225,300
2024
$2,947
$42,100 + $168,400
$210,500
2023
$2,947 (+45.3%)
$42,100 + $168,400
$210,500
2022
$2,028
$28,184 + $116,716
$144,900
2021
$2,028
$28,184 + $116,716
$144,900
2020
$2,028 (+7.6%)
$28,184 + $116,716
$144,900
2019
$1,886 (+45.5%)
$26,200 + $108,500
$134,700
2018
$1,296
$18,057 + $74,543
$92,600
2017
$1,296 (+12.6%)
$18,057 + $74,543
$92,600
2015
$1,151
$11,148 + $74,752
$85,900
2014
$1,151 (+128.6%)
$11,148 + $74,752
$85,900
2013
$503 (+3.6%)
$1,129 + $4,023
$5,152
2012
$486 (+3.9%)
$1,129 + $4,023
$5,152
2011
$468 (+9.9%)
$1,129 + $4,023
$5,152
2010
$426
$1,129 + $4,023
$5,152
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
1
Stories
2
Lot width
16 ft.
Lot depth
58 ft.
Lot size
899 Sq. Ft.
Year renovated
—
Sq. Ft.
1,240
Year built
1925
Style
Townhouse
County
Philadelphia County
APN
365354000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 28, 2026.
RSA-5
/NIS
Residential Single-Family Attached-5
The RSA, Residential Single-Family Attached districts are primarily intended to accommodate attached and semi-detached houses on individual lots, but may be applied in areas characterized by a mix of housing types, including detached houses. The districts are also intended to provide a density transition between RSD districts and RM districts. The Zoning Code includes five RSA districts that are differentiated primarily on the basis of minimum lot area requirements.