Welcome to this well-maintained 3-bedroom, 1-bath townhome on Reed Street, conveniently located across from Stinger Park and close to restaurants, shopping, entertainment, and I-76. The property also offers convenient access to University City’s medical campuses in addition to the University of Pennsylvania, Drexel University, and Saint Joseph’s University. The main level begins with a bright enclosed entry/mudroom and opens into a spacious living and dining area featuring wide-plank flooring, tall ceilings, and plenty of natural light. The kitchen offers white cabinetry, granite countertops, tile backsplash, stainless steel appliances, and a gas range. Upstairs are three comfortable bedrooms with ample closet space and a full bathroom featuring an updated vanity and tiled tub/shower surround. A fenced rear patio provides additional outdoor space, while the unfinished basement offers plenty of storage. The property is currently tenant occupied at $1,500 per month with the lease in place through February 1, 2027. The tenant pays water, with the landlord currently responsible only for sewer/refuse. The tenants have expressed interest in renewing, making this an attractive opportunity for an investor seeking immediate rental income in a convenient Philadelphia location.
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
3309 Reed St · $205,000
$205K and above
75% chance or better to win
Why $205K+ is a strong offer
DAYS ON MARKET
39 days
The average home goes pending in 53 days.
SALE-TO-LIST
97.7%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Unfinished basement
Living area measured by assessor
Bedrooms
3 bedrooms on the upper level
Bathrooms
1 full bathroom (all upper levels)
Heating & cooling
Baseboard hot water heating
Window air conditioning units
Heating and hot water fueled by natural gas
Exterior features
No tidal water
Home design
Interior townhouse/rowhouse
Masonry construction
Stone foundation
Parking
On-street parking
Construction
Above-grade finished area recorded by assessor
Above-grade finished area: 1,354 (per assessor)
Utilities
Public water
Public sewer
Electric cooling fuel
Natural gas for heating and hot water
Other
Fee simple ownership
Electricity and solar
View estimated energy costs and solar savings for this home
Modern 3 br across from state of the art car dealership and stinger park. Private Rented at 1275 to fantastic tenant. Great to add to investor portfolio. May be purchased as a 6 property package including 4 great rentals, 1 perfectly situated three story shell and ripe for development lot. Package price 929,500
TREND #7145615
Apr 5, 2018
Sold
$93,500
$69/sq ft
Mar 26, 2018
Pending
—
Mar 19, 2018
Listed
$100,000
$74/sq ft
+16
BRIGHT MLS #1000284948
Apr 5, 2018
Sold
$93,500
$69/sq ft
Mar 26, 2018
Pending
—
Mar 19, 2018
Listed
$100,000
$74/sq ft
BRIGHT MLS #1007451182
Dec 16, 2015
Listing Removed
—
Oct 17, 2015
Listed
$29,900
$22/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$3,026
$43,240 + $172,960
$216,200
2025
$3,026 (+61.1%)
$43,240 + $172,960
$216,200
2024
$1,879
$26,840 + $107,360
$134,200
2023
$1,879 (+14.4%)
$26,840 + $107,360
$134,200
2022
$1,642
$29,677 + $87,623
$117,300
2021
$1,642
$29,677 + $87,623
$117,300
2020
$1,642 (+7.5%)
$29,677 + $87,623
$117,300
2019
$1,527 (+68.9%)
$27,600 + $81,500
$109,100
2018
$904
$16,344 + $48,256
$64,600
2017
$904 (+4.4%)
$16,344 + $48,256
$64,600
2015
$866
$9,467 + $55,133
$64,600
2014
$865 (+221.7%)
$9,467 + $55,133
$64,600
2013
$269 (+3.6%)
$611 + $2,141
$2,752
2012
$260 (+3.9%)
$611 + $2,141
$2,752
2011
$250 (+9.9%)
$611 + $2,141
$2,752
2010
$227
$611 + $2,141
$2,752
Public record
Public record
Zoning
Beds
3
Baths
1
Stories
2
Lot width
16 ft.
Lot depth
61 ft.
Lot size
976 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,354
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,354
Year built
1925
Style
Townhouse
County
Philadelphia County
APN
362243600
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 20, 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
6/10 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
73/ 100
Good sunlight
Sunscore
This home receives average direct sun exposure in Philadelphia. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.3 hrs
4.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3309 Reed St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $180,000 and $242,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $180K to $242K.