Prime South Philadelphia Investment Opportunity! Welcome to 334 Reed Street, a spacious and beautiful property located in the highly desirable 19147 zip code. The property is residentially zoned and features multiple residential units along with substantial additional finished and flexible space, offering plenty of room and possibilities for the next owner. Ideally located near shopping, dining, public transportation, Center City and major highways, this is an excellent opportunity for an investor looking to add a well-located South Philadelphia property to their portfolio. Residentially Zoned • Additional Finished Space • Prime 19147 Location • Excellent Investment Potential Buyer is responsible for verifying zoning, permitted use, unit count and permitted use of all additional spaces.
Pennsport, located between Queen Village and Whitman, is a historic and waterfront-adjacent Philadelphia neighborhood with rowhouse-lined blocks and a working-port edge. The neighborhood’s character concentrates around 2nd Street and Mifflin Street, where corner bars, old-school eateries, and small storefronts set a lived-in, walkable rhythm. Community pillars include the Mummers Museum, Moonshine Philly, and Herman’s Coffee. Brick facades, stoops, and pocket parks shape the streetscape, while Columbus Boulevard frames the eastern edge with big-sky views. Dickinson Square Park anchors daily routines with lawns, courts, and a steady flow of dog walkers. The mix of long-running institutions and newer kitchens keeps the tone grounded and current.
Provided by Walk Score and Local Logic
Offer insights
334 Reed St · $899,999
$900K and above
75% chance or better to win
Why $900K+ is a strong offer
DAYS ON MARKET
23 days
The average home goes pending in 52 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
Interior features
Estimated living area
Full basement
2+ access exits
Bedrooms
Two bedrooms on the main level
Two bedrooms on the 1st upper level
Two bedrooms on the 2nd upper level
Bathrooms
Two full bathrooms on the main level
Two full bathrooms on the 1st upper level
Two full bathrooms on the 2nd upper level
Six full bathrooms total
Heating & cooling
90% forced air heating
Natural gas heating
Natural gas hot water
Central air conditioning (electric)
Exterior features
No tidal water
Home design
End-of-row townhouse
Fee simple ownership
Parking
On-street parking
Construction
Masonry construction
Block and brick/mortar foundation
Above- and below-grade structures
Utilities
Public water
Public sewer
Electricity and solar
View estimated energy costs and solar savings for this home
Prime South Philadelphia Investment Opportunity! Or Live There Yourself! Welcome to 334 Reed Street, a spacious multifamily property in the highly desirable 19147 zip code. This property offers multiple residential units along with significant additional finished space, providing an abundance of room and flexibility for the next owner. Located in a sought-after South Philadelphia neighborhood convenient to shopping, dining, transportation, Center City and major highways, this is an excellent opportunity for an investor looking to add a well-located multifamily property to their portfolio. Multiple Units • ( 6 in total) Additional Finished/Flexible Space • Prime 19147 Location • Excellent Investment Potential Each unit holds it own Bedroom, Full Bath, Living Area, and Kitchen Buyer is responsible for verifying zoning, permitted use, unit count and intended use of all spaces.
BRIGHT MLS #PAPH2675132
Sep 28, 2026
Listed
$899,999
$281/sq ft
BRIGHT MLS #PAPH2623508
Jun 12, 2026
Listing Removed
—
May 29, 2026
Listed
$999,999
$312/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$5,598 (−20.0%)
$99,980 + $399,920
$499,900
2025
$6,998 (+19.5%)
$99,980 + $399,920
$499,900
2024
$5,858
$83,700 + $334,800
$418,500
2023
$5,858 (+26.3%)
$83,700 + $334,800
$418,500
2022
$4,639
$73,903 + $257,497
$331,400
2021
$4,639
$73,903 + $257,497
$331,400
2020
$4,639 (+8.4%)
$73,903 + $257,497
$331,400
2019
$4,281 (+48.0%)
$68,194 + $237,606
$305,800
2018
$2,892
$46,072 + $160,528
$206,600
2017
$2,891 (−2.2%)
$46,072 + $160,528
$206,600
2015
$2,957
$24,993 + $195,707
$220,700
2014
$2,957 (+126.2%)
$24,993 + $195,707
$220,700
2013
$1,307 (+3.6%)
$1,576 + $11,800
$13,376
2012
$1,262 (+3.9%)
$1,576 + $11,800
$13,376
2011
$1,215 (+9.9%)
$1,576 + $11,800
$13,376
2010
$1,105
$1,576 + $11,800
$13,376
Public record
Public record
Zoning
Beds
6
Baths
2
Stories
3
Lot width
18 ft.
Lot depth
80 ft.
Lot size
1,436 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
2,985
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,985
Year built
1915
Style
Townhouse
County
Philadelphia County
APN
011236000
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
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 • 19147
Average low and high temperatures (°F)
37
26
41
29
59
40
67
49
74
58
85
68
89
73
83
67
80
65
69
53
57
44
43
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
62/ 100
Moderate sunlight
Sunscore
This home receives average direct sun exposure in Philadelphia. There appears to be some shading by surrounding buildings, terrain, and vegetation.
6.2 hrs
3.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 334 Reed St
$884,743
$15K under list price of $900K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $550K to $900K.