10 YEAR TAX ABATEMENT Discover an unparalleled living experience in this exquisite new construction townhouse nestled in the vibrant Grays Ferry neighborhood. Completed in 2026, this stunning residence boasts a harmonious blend of modern elegance and thoughtful design, perfect for those who appreciate high-end living. Step inside to find an expansive open floor plan that seamlessly connects the living and dining areas, enhanced by luxurious hardwood and vinyl plank flooring. The heart of the home is the gourmet kitchen, featuring a spacious island, built-in range, and sleek appliances including a built-in microwave and dishwasher. Recessed lighting illuminates the space, creating an inviting atmosphere for both casual meals and entertaining guests. Retreat to the master suite, where a walk-in closet offers ample storage, and the spa-like bathroom invites relaxation with a soaking tub and a stall shower. Each of the three additional bedrooms is generously sized, ensuring comfort and privacy for all. The three full bathrooms are designed with modern fixtures and finishes, providing both style and functionality. The fully finished basement adds valuable living space, perfect for a home office, gym, or entertainment area. Enjoy the convenience of upper-floor laundry hookups, making daily chores a breeze. Energy-efficient casement windows not only enhance the aesthetic appeal but also contribute to a sustainable lifestyle. Step outside to your private patio, ideal for morning coffee or evening gatherings. The roof deck offers a unique vantage point to enjoy the Philadelphia skyline views, making it a perfect spot for relaxation or entertaining under the stars. This home is designed for low- maintenance. This exceptional townhouse is not just a home; it's a lifestyle choice that embodies luxury, comfort, and modern convenience. Experience the best of urban living in Grays Ferry, where every detail has been meticulously crafted to elevate your everyday life. Don't miss the opportunity to make this stunning property your own!
TownhomeProperty Type
2026Year Built
970 sq ftLot Size
$186Price/Sq.Ft.
Listed by Michael Barrett• Coldwell Banker Hearthside Realtors
Grays Ferry, located between the Schuylkill River and Point Breeze, is a residential and industrial Philadelphia neighborhood with rowhouse blocks and riverfront infrastructure. The neighborhood’s character concentrates around Grays Ferry Avenue at Washington Avenue, where corner delis, auto shops, and small storefronts line a steady stream of traffic. Bartram’s Garden anchors the area with riverside paths and historic grounds. The Schuylkill River Trail adds a long, linear corridor for walking and biking along the water. Brick twins and porch-front rows mix with warehouses and rail-adjacent streetscapes. I-76 and the Grays Ferry Bridge frame the edges with a constant sense of motion.
Provided by Walk Score and Local Logic
Offer insights
2621 Reed St · $519,900
$521K and above
75% chance or better to win
Why $521K+ is a strong offer
DAYS ON MARKET
9 days
The average home goes pending in 52 days.
SALE-TO-LIST
97.8%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Soaking tub
Stall shower
Tub/shower combinations
Breakfast area
Built-ins
Ceiling fans
Open floor plan
Eat-in kitchen
Kitchen island
Recessed lighting
Walk-in closets
9'+ ceilings
Drywall walls and ceilings
ENERGY STAR qualified doors
Bedrooms
Two bedrooms on the first upper level
One bedroom on the second upper level
One bedroom on the first lower level
Bathrooms
Three full bathrooms (two on upper levels, one on lower level)
Kitchen
Built-in microwave
Built-in range
Oven/range - gas
Range hood
Dishwasher
Disposal
Laundry & utility
Washer/dryer hookup
Laundry on upper floor
Flooring
Laminate plank
Luxury vinyl plank
Tile/brick
Heating & cooling
90% forced air heating
Natural gas heating and hot water
Central air conditioning
Electric cooling components
200+ amp electrical service
Exterior features
Patio(s)
Roof deck
Vinyl fencing
Home design
Interior townhouse/rowhouse
Construction completed
Fee simple ownership
Property in excellent condition
Parking
On-street parking
Construction
Brick and brick veneer construction with advanced framing
Foundation: block, brick/mortar, and concrete perimeter
Utilities
Public water
Public sewer
Cable TV available
Electricity and solar
View estimated energy costs and solar savings for this home
Exceptional investment opportunity in the burgeoning Point Breeze/Gray's Ferry Neighborhood. Significant new construction in close proximity. Very nice block and convenient location—walk to Fresh Grocer; Pennsylvania Horticultural Society’s Growing Together Community Garden, and Wharton Square Playground. 5-minute drive to Center City, University City, Passyunk Square, and all the best of Philly. Easy access to I-76. Perfect investment opportunity to build from the ground up. Lot size is 15X64.
BRIGHT MLS #1007588156
Apr 16, 2014
Listing Removed
—
Apr 16, 2014
Listed
$59,995
$21/sq ft
BRIGHT MLS #1000814553
Apr 9, 2014
Listing Removed
—
Mar 11, 2008
Listed
$59,995
$21/sq ft
BRIGHT MLS #1000526333
Mar 12, 2008
Listing Removed
—
Dec 7, 2007
Listed
$22,000
$8/sq ft
Public Records
Oct 3, 1989
Sold
$5,252
$2/sq ft
Public Records
Jan 7, 1987
Sold
$19,950
$7/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$1,811
$129,400
2025
$1,811 (+9.6%)
$129,400
2024
$1,653
$118,100
2023
$1,653 (+446.8%)
$118,100
2022
$302
$21,600
2021
$302
$21,600
2020
$302
$21,600
2019
$302
$21,600
2018
$302 (+0.1%)
$21,600
2017
$302 (+103.0%)
$21,600
2015
$149 (+0.5%)
$11,100
2014
$148 (+115.1%)
$11,100
2013
$69 (+3.6%)
$704
2012
$66
$704
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
—
Lot width
15 ft.
Lot depth
64 ft.
Lot size
970 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Townhouse
County
Philadelphia County
APN
362112000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 25, 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.
Zone overlays
Narcotics Injection Sites Overlay District
Permitted uses
Include but are not limited to:
Assembly / meeting place
Garden center
Housing-Single unit
Fire house
Police station
Recreation-Other
Aug 24, 2026 • Active
Fire suppression
Install a new fire suppression system throughout an existing structure. The installation includes a combined fire service line as per approved plans.
Fire sprinkler
New construction
Aug 24, 2026 • Active
Mechanical / fuel gas
Gas
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 103° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Philadelphia, PA • 19146
Average low and high temperatures (°F)
37
25
41
29
59
40
67
48
74
58
84
67
89
73
82
67
80
65
69
53
57
43
43
30
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 4.3 hours in December, placing it below the
U.S. average for solar exposure.
9 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2621 Reed St
$516,004
$3,896 under list price of $520K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $220K to $550K.