NEW PRICE. Welcome to 2623 Reed Street, a brand-new construction home ideally located in the heart of Grays Ferry. This thoughtfully designed residence offers around 2,800 square feet of modern living space spread across three stories, including a finished basement and a private rooftop deck with stunning views of the Philadelphia skyline. The exterior features timeless red brick with black-trimmed windows and iron railings, providing classic curb appeal with a contemporary edge. Inside, the open-concept main living level is flooded with natural light and showcases hardwood floors, sleek cabinetry with striking tan lower cabinets, a large island, and high-end appliances. The upper levels include spacious bedrooms, ample closet space, and spa-inspired bathrooms with custom tilework and modern finishes. The third-floor primary suite features a luxurious walk-in closet and direct access to the pilot house leading to the expansive rooftop deck, ideal for entertaining or relaxing above the city. Additional highlights include a finished basement with laundry and utility space, energy-efficient systems, and a full sprinkler system for added safety. Located just moments from Point Breeze, Graduate Hospital, and University City, this home offers convenient access to parks, dining, public transit, and major highways. 10-year tax abatement.
TownhomeProperty Type
970 sq ftLot Size
$182Price/Sq.Ft.
Listed by Devin Dinofa• Keller Williams Realty - Moorestown
Est. $3,113 per month, based on comparable rentals
Sale and tax history for 2623 Reed St
Sale History
Tax History
Date
Event
Price
BRIGHT MLS #PAPH2633686
Sep 30, 2026
Sold
$510,000
$182/sq ft
Sep 17, 2026
Pending
—
Aug 13, 2026
Price Changed
$519,900
$186/sq ft
Jun 24, 2026
Price Changed
$529,900
$189/sq ft
Jun 11, 2026
Listed
$559,900
$200/sq ft
BRIGHT MLS #PAPH2520890
May 31, 2026
Listing Removed
—
May 11, 2026
Price Changed
$559,900
$200/sq ft
Apr 23, 2026
Price Changed
$579,900
$207/sq ft
Apr 1, 2026
Price Changed
$589,900
$211/sq ft
Feb 9, 2026
Price Changed
$599,900
$214/sq ft
Jan 3, 2026
Price Changed
$609,999
$218/sq ft
Dec 8, 2025
Price Changed
$619,000
$221/sq ft
Nov 19, 2025
Price Changed
$629,000
$225/sq ft
Nov 10, 2025
Price Changed
$639,000
$228/sq ft
Oct 15, 2025
Listed
$649,000
$232/sq ft
Public Records
Nov 26, 2024
Sold
$210,000
$75/sq ft
BRIGHT MLS #PAPH2399336
Nov 22, 2024
Sold
$105,000
$38/sq ft
Oct 16, 2024
Pending
—
Sep 20, 2024
Listed
$124,900
$45/sq ft
Incredible opportunity in an ideal location of Grays Ferry! The lot itself is close to Point Breeze, Graduate hospital and University City. This location is less than one block from a community garden and walkable to center city for nightlife. There are multiple new construction homes within blocks, so this property is ready for a savvy investor to develop a great home. With large yard, and plenty of options for designs and layout, the size of this lot is much larger than the others that sold for over $500k. With the adjacent lot also for sale by the same Seller, economies of sale can help decrease costs to build, and help increase ARV. Projected return is nearly 24%. Don't miss this awesome investment opportunity! Also available as a package deal with 2625 Reed St.
BRIGHT MLS #PAPH2198532
Aug 29, 2023
Listing Removed
—
Jan 30, 2023
Listed
$112,500
$40/sq ft
BRIGHT MLS #PAPH2106126
Jun 30, 2022
Listing Removed
—
Apr 18, 2022
Listed
$130,000
$46/sq ft
BRIGHT MLS #PAPH2032126
Nov 22, 2021
Listing Removed
—
Sep 20, 2021
Listed
$130,000
$46/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
—
Sq. Ft.
—
Year built
—
Style
Townhouse
County
Philadelphia County
APN
362112100
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 11, 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
Dec 1, 2025 • Final
Residential building
Construct a new three-story attached single-family home with a wood-frame structure on reinforced concrete foundations. The project includes a roof deck and a roof deck access structure. The building will be fully sprinklered and must comply with energy codes.
Fire sprinkler
New construction
Nov 25, 2025 • Final
Mechanical
Work on a mechanical and fuel gas permit.
Gas
New construction
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.
Property details
Interior
Bedroom Information
# of Bedrooms On Main Level: 4
Bathroom Information
# of Bathrooms (Full) On Main Level: 3
# of Bathrooms (Full): 3
Interior Information
Appliances: Stainless Steel Appliances, Refrigerator, Stove, Energy Efficient Appliances, Oven - Single
Foundation Details: Block, Brick/Mortar, Concrete Perimeter
Other Structures: Above Grade, Below Grade
Structure Type: Interior Townhouse/Rowhouse
Exterior Information
Exterior Lighting, Sidewalks, Street Lights
Lot Information
Lot Size Dimensions: 15.00 x 64.00
Lot Dimensions Source: Assessor
Tidal Water: No
Above Grade Information
Finished Sq.Ft.: 2,800
Finished Sq.Ft. Source: Estimated
Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor
Financial
Tax Information
Tax Assessed Value: $129,400
Tax Year: 2025
Assessments Information
Year Assessed: 2025
Utilities
Utilities Information
Central Air
Cooling Type: Central A/C
Cooling Fuel: Electric
Forced Air
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Water Source: Public
Location
School Information
School District Name: PHILADELPHIA CITY
School District Source: Listing Agent
Location Information
Directions: Please use GPS
Municipality: PHILADELPHIA
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 970 square feet
Style: Townhouse
Year Built: —
Year Renovated: —
County: Philadelphia County
APN: 362112100
Home facts updated by county records on Jun 11, 2026
Around this home
Schools
Mcdaniel Delaplaine School
Public K-8 • Assigned • 0.6mi
3/10
South Philadelphia High School
Public PreK-12 • Assigned • 1.3mi
3/10
Provided by GreatSchools
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
79/ 100
Good sunlight
Sunscore
This home ranks in the top 16% for direct sun exposure in Philadelphia. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.9 hrs
4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$520,000 – $630,000
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