NEW CONSTRUCTION

For sale

$519,900

Est. $3,044/mo —

•

2,800

sq ft

2623 Reed St, Philadelphia, PA 19146

About this home

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

$186Price/Sq.Ft.

Listed by Devin Dinofa • Keller Williams Realty - Moorestown

•856-316-1100 (broker)

•klrw984@kw.com (broker)

Listed by Thomas Wenger • Keller Williams Realty - Moorestown

•856-316-1100 (broker)

•klrw984@kw.com (broker)

Listing updated: Aug 13, 2026 at 03:23pm

Redfin checked: 2 minutes ago

•Source:BRIGHT MLS #PAPH2633686

Payment calculator

$3,044 per month

Principal and interest$2,698

Property taxes

$151

HOA dues

Home insurance

$195

Utilities

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Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN FRI, 4PM TO 6PM
$399,900
2 beds1.5 baths1,056 sq ft
1115 S 7th St, Philadelphia, PA 19147
(610) 649-4500
REDFIN OPEN SAT, 11AM TO 12:30PM3D WALKTHROUGH
$400,000
3 beds2 baths1,170 sq ft
233 Brown St #3, Philadelphia, PA 19123
OPEN SAT, 11AM TO 1PM
$650,000
2 beds2 baths1,933 sq ft
1311 S Carlisle St Unit D, Philadelphia, PA 19146
(215) 627-3500
OPEN SAT, 11AM TO 1PM3D WALKTHROUGH
$429,900
4 beds1.5 baths1,700 sq ft
232 Winding Way Rd, Stratford, NJ 08084
(856) 210-3000
REDFIN OPEN SAT, 12PM TO 2PM3D WALKTHROUGH
$550,000
3 beds3 baths1,920 sq ft
717 Fairmount Ave, Philadelphia, PA 19123
REDFIN OPEN SAT, 1PM TO 3PM3D WALKTHROUGH
$355,000
3 beds1.5 baths1,610 sq ft
439 E Phil Ellena St, Philadelphia, PA 19119
OPEN SAT, 1PM TO 3PM
$259,999
3 beds1.5 baths918 sq ft
208 New Jersey Rd, Brooklawn, NJ 08030
(856) 321-1212
OPEN SAT, 1PM TO 3PM
$409,000
3 beds2 baths1,818 sq ft
3935 Dexter St, Philadelphia, PA 19128
(215) 893-9920
OPEN SUN, 11:30AM TO 1PM
$425,000
3 beds2.5 baths1,772 sq ft
1306 S Chadwick St, Philadelphia, PA 19146
(267) 435-8015
OPEN SUN, 1PM TO 3PM
$575,000
6 beds2.5 baths2,806 sq ft
302 8th St, Riverton, NJ 08077
(609) 459-5100

Around this home

Schools

K - 12
Preschool & daycare

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

About Grays

Ferry

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

Market insights

2623 Reed St · $519,900

DAYS ON MARKET

The average home goes pending in 50 days.

SALE-TO-LIST

Most homes are selling 2% below list price.

LIST PRICE

Median list price in this area is $248,226. (52% lower than this home)

PRICE DROP

22% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Dining

Interior features
Open floor plan
Breakfast area
Dining area
Ceiling fans
Recessed lighting
Upgraded countertops
Master bathroom

Bedrooms
Four bedrooms on the main level

Bathrooms
Three full bathrooms (all on the main level)

Kitchen
Gourmet kitchen with island
Eat-in kitchen
Stainless steel appliances
Refrigerator
Stove
Single oven
Energy-efficient appliances

Laundry & utility
Finished basement (additional flexible living/utility space)

Flooring
Luxury vinyl plank
Luxury vinyl tile

Heating & cooling
Forced air heating
Natural gas heating and hot water
Central air conditioning (electric)

Sale and tax history for 2623 Reed St

Sale History
Tax History

Date

Event

Price

BRIGHT MLS #PAPH2633686

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

Jul 25, 2025

Coming Soon

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

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

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.

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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

79/ 100

Good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

7.9 hrs

4 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 2623 Reed St

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $165,500 and $389,900.

Nearby comparable homes

The Redfin Estimate uses 4 recent nearby sales, priced between $166K to $390K.

SOLD FEB 20, 2026
$389,900 Last sold price
3 beds3 baths1,700 sq ft
2650 Earp St, Philadelphia, PA 19146
$43/sq ft
smaller lot
SOLD JUL 7, 2026
$225,000 Last sold price
3 beds1 bath1,000 sq ft
2625 Gerritt St, Philadelphia, PA 19146
$39/sq ft
smaller lot
unfinished basement
SOLD DEC 4, 2025
$220,000 Last sold price
2 beds2.5 baths784 sq ft
2609 Earp St, Philadelphia, PA 19146
$95/sq ft
smaller lot
SOLD MAY 13, 2026
$165,500 Last sold price
3 beds1 bath1,124 sq ft
1503 S Lecount St, Philadelphia, PA 19146
$39/sq ft
smaller lot
unfinished basement

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New listings for sale in 19146

OPEN SUN, 11:30AM TO 1PM

$425,000

3 beds2.5 baths1,772 sq ft

1306 S Chadwick St, Philadelphia, PA 19146

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1311 S Carlisle St Unit D, Philadelphia, PA 19146

(215) 627-3500

OPEN SUN, 11AM TO 1PM

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1524 S 30th St, Philadelphia, PA 19146

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3D WALKTHROUGH

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3 beds3 baths1,553 sq ft

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COMING SOON

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Details provided by BRIGHT MLS and may not match the public record. Learn more.

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