Welcome to 2729 Reed Street! This light-filled 3 bedroom, 1.5 bathroom end-unit townhome is perfectly positioned in the Grays Ferry neighborhood of Philadelphia—close to Graduate Hospital, CHOP, UPENN, and Drexel. Whether you're an investor looking for a high-performing turn-key rental or a homeowner looking to build sweat equity in a growing neighborhood in the city, this property is a rare find. The home sits directly adjacent to a public municipal parking lot. As long as your tags and registration are current, you and your guests can park for free—a massive value-add for the area. Clean, functional, and move-in ready, the main floor offers a seamless flow from the bright living area into the dining space. The kitchen is fully equipped with newer stainless steel appliances and leads directly to the backyard. The backyard is a generous size, perfect for a garden, patio, or grilling set up. Upstairs, you'll find three comfortably sized bedrooms with large windows. The basement provides ample storage and laundry hookups, while the half-bath on the main level adds essential convenience for guests and entertaining. This home was meticulously maintained by its previous owners, allowing you to move in immediately and take your time giving it the TLC and upgrades needed to truly make it your own.
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
2729 Reed St · $254,999
DAYS ON MARKET
114 days
The average home goes pending in 47 days.
SALE-TO-LIST
98.1%
Most homes are selling 2% below list price.
LIST PRICE
$254,999
Median sale price in this area is $297,410. (17% higher than this home)
PRICE DROP
4 price drops
21% 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
Unfinished basement
Living area per assessor
Bedrooms
3 bedrooms on the main level
Bathrooms
1 full bathroom
1 half bathroom
Heating & cooling
Central heating (forced air) using natural gas
Central air conditioning using natural gas
Natural gas hot water
Exterior features
Lot dimensions approximately 16 x 64
Home design
End of row townhouse
Fee simple ownership
Construction
Masonry construction
Stone foundation
Above- and below-grade structures
Utilities
Public water
Public sewer
Electricity and solar
View estimated energy costs and solar savings for this home
Come see this recently updated 3 Bedroom, 1.5 bath home in the Grays Ferry area of the city. The first floor features an open floor plan that consists of a light filled living room, dining area, half bath, and kitchen with new stainless-steel appliances. At the rear of the house, you have a large yard with space for a nice-size garden and a patio for entertaining family and friends. Hardwood floors throughout the home, new central air/heating system, ceiling fans in every room. The second floor has three nice bedrooms, closet space and a full tile hall bathroom. The spacious basement has a dedicated washer/dryer area, and access to the back yard. Located close to Graduate Hospital, University of the Sciences, CHOP, UPENN.
Public Records
Feb 25, 2008
Sold
$25,000
$20/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$2,702
$38,600 + $154,400
$193,000
2025
$2,702 (+11.0%)
$38,600 + $154,400
$193,000
2024
$2,434
$34,780 + $139,120
$173,900
2023
$2,434 (+68.5%)
$34,780 + $139,120
$173,900
2022
$1,445
$24,974 + $78,226
$103,200
2021
$1,445
$24,974 + $78,226
$103,200
2020
$1,445 (+7.5%)
$24,974 + $78,226
$103,200
2019
$1,344 (+17.5%)
$23,232 + $72,768
$96,000
2018
$1,144
$19,771 + $61,929
$81,700
2017
$1,143 (+4.4%)
$19,771 + $61,929
$81,700
2015
$1,095
$9,421 + $72,279
$81,700
2014
$1,094 (+34.6%)
$9,421 + $72,279
$81,700
2013
$813 (+3.6%)
$1,618 + $6,702
$8,320
2012
$785
$1,618 + $6,702
$8,320
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
2
Lot width
16 ft.
Lot depth
64 ft.
Lot size
1,002 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,264
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,264
Year built
1923
Style
Townhouse
County
Philadelphia County
APN
362115100
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.
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
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
84
68
79
64
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
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.1 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2729 Reed St
$246,100
$8,899 under list price of $255K
Nearby comparable homes
The Redfin Estimate uses 4 recent nearby sales, priced between $140K to $240K.