Corner triplex with rear parking in Dickinson Narrows. The first floor is a 1 bedroom unit with a private entrance. The second floor has another 1 bedroom unit. The third floor is a 2 bedroom unit with an updated bath and unobstructed skyline views. The property has been owned and maintained by the same owner for 11+ years, with various updates throughout. Newer roof, electrical, and fire alarm system. The roof also comes with a transferable roof warranty. All "big ticket" items have been taken care of for you, along with various cosmetic updates done over time. The basement houses the common laundry and is also used for shared storage. All units are already separately metered and the rear parking can be finished off into a full garage.
Multi-familyProperty Type
1915Year Built
1,040 sq ftLot Size
$199Est. Price/Sq.Ft.
1 car garageParking
Listed by Sheena Marziano• Compass RE
•267-435-8015 (broker)
•kenenochs@compass.com (broker)
Listed by Kristin McFeely• Compass RE
•267-435-8015 (broker)
•kenenochs@compass.com (broker)
Bought with Frank Altamuro• Coldwell Banker Realty
This is a HUD property case # 441-692122 property is "IE" Insured w/ escrow. Escrow amount is $1870 Bids are opened to Owner Occupant Only until 02/18/08 all others may bid after, if still available. The home is being sold AS-IS. All offers must include a Lenders written pre-approval letter or proof of funds, which must include the case # & address. All lenders must be willing to lend on an "AS-IS" condition. The utilities are off so please use caution. Buyers agent must be present for all showings & inspections. All property information including "property condition report" are available on the web. Municipalities requiring Use & Occupancy or DYE testing are at buyers expense. Buyers agent to obtain City Certs. Transaction must close within 45 days * * * VERIFY ZONING WITH CITY * * *
BRIGHT MLS #1000767933
Dec 1, 2007
Listing Removed
—
Jan 12, 2007
Listed
$207,000
$96/sq ft
Public Records
Jun 19, 2002
Sold
$120,000
$56/sq ft
Public Records
May 20, 1999
Sold
$110,000
$51/sq ft
Public Records
Aug 12, 1988
Sold
$36,000
$17/sq ft
Public Records
Apr 1, 1981
Sold
$33,000
$15/sq ft
Public Records
Oct 1, 1980
Sold
$23,000
$11/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$4,457
$63,680 + $254,720
$318,400
2025
$4,457 (−25.5%)
$63,680 + $254,720
$318,400
2024
$5,983
$85,480 + $341,920
$427,400
2023
$5,983 (+39.9%)
$85,480 + $341,920
$427,400
2022
$4,275
$68,104 + $237,296
$305,400
2021
$4,275
$68,104 + $237,296
$305,400
2020
$4,275 (+8.4%)
$68,104 + $237,296
$305,400
2019
$3,945 (+174.9%)
$94,261 + $187,539
$281,800
2018
$1,435
$34,286 + $68,214
$102,500
2017
$1,434 (+4.4%)
$34,286 + $68,214
$102,500
2015
$1,374
$17,322 + $85,178
$102,500
2014
$1,373 (+10.9%)
$17,322 + $85,178
$102,500
2013
$1,238 (+3.6%)
$1,681 + $10,991
$12,672
2012
$1,195 (+3.9%)
$1,681 + $10,991
$12,672
2011
$1,151 (+9.9%)
$1,681 + $10,991
$12,672
2010
$1,047
$1,681 + $10,991
$12,672
Tax history for 509 Reed St
Year
Property tax
Land + Additions
Assessment*
2026
$4,457
$63,680 + $254,720
$318,400
2025
$4,457 (−25.5%)
$63,680 + $254,720
$318,400
2024
$5,983
$85,480 + $341,920
$427,400
2023
$5,983 (+39.9%)
$85,480 + $341,920
$427,400
2022
$4,275
$68,104 + $237,296
$305,400
2021
$4,275
$68,104 + $237,296
$305,400
2020
$4,275 (+8.4%)
$68,104 + $237,296
$305,400
2019
$3,945 (+174.9%)
$94,261 + $187,539
$281,800
2018
$1,435
$34,286 + $68,214
$102,500
2017
$1,434 (+4.4%)
$34,286 + $68,214
$102,500
2015
$1,374
$17,322 + $85,178
$102,500
2014
$1,373 (+10.9%)
$17,322 + $85,178
$102,500
2013
$1,238 (+3.6%)
$1,681 + $10,991
$12,672
2012
$1,195 (+3.9%)
$1,681 + $10,991
$12,672
2011
$1,151 (+9.9%)
$1,681 + $10,991
$12,672
2010
$1,047
$1,681 + $10,991
$12,672
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
3
Stories
3
Lot width
16 ft.
Lot depth
65 ft.
Lot size
1,040 Sq. Ft.
Year renovated
—
Sq. Ft.
720
Year built
1915
Style
Multi-Family (5+ Unit)
County
Philadelphia County
APN
011233600
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 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
Property details
Parking
Parking Information
# of Attached Garage Spaces: 1
Garage Features: Garage - Rear Entry, Oversized
# of Total Garage and Parking Spaces: 1
Has Garage
# of Garage Spaces: 1
Driveway, Attached Garage
Interior
Interior Information
Appliances: Built-In Range, Dryer, Refrigerator, Washer, Water Heater
Interior Features: Carpet, Floor Plan - Open, Kitchen - Galley
Living Area Sq.Ft. Source: Assessor
Basement Information
Basement: Yes
Other, Full
Multi Unit Information
# of One Bedroom Units: 2
# of Two Bedroom Units: 1
# of Units Leased: 3
Income Includes: Apartment Rentals, Parking
Operating Expense Includes: Insurance
Exterior
Property Information
Total Below Grade Sq. Ft.: 0
Improvement Assessed Value: $237,296
Insurance Expense: $1,918
Ownership Interest: Fee Simple
Year Built Source: Assessor
Building Information
# of Units (Total): 3
Construction Materials: Masonry
Other Structures: Above Grade, Below Grade
Structure Type: End of Row/Townhouse
Lot Information
Lot Size Dimensions: 16.00 x 65.00
Tidal Water: No
Land Information
Land Assessed Value: $68,104
Above Grade Information
Finished Sq.Ft.: 2,160
Finished Sq.Ft. Source: Assessor
Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor
Financial
Tax Information
City/Town Tax: $1,929
School Tax: $2,346
Tax Assessed Value: $305,400
Tax Year: 2020
Tax Annual Amount: $4,275
Assessments Information
Year Assessed: 2020
Lease Information
Existing Lease Type: Long Term, Yearly
Rental Information
Total Actual Rent: $27,300
Utilities
Utilities Information
Cooling Type: Wall Unit
Forced Air
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Water Source: Public
Location
Homeowners Association Information
Maintenance Expense: $2,400
School Information
School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
School District Source: Listing Agent
Location Information
Cross Street: Ree
Directions: At the corner of Reed & Reese Street.
Municipality: PHILADELPHIA
Public facts
Beds: 4
Baths: 3.0
Sq. Ft.: 720
Stories: 3.0
Lot Size: 1,040 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1915
Year Renovated: —
County: Philadelphia County
APN: 011233600
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
Vare-Washington Elementary School
Public PreK-8 • Assigned • 0.2mi
6/10
Furness Horace High School
Public 9-12 • Assigned • 0.5mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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
79
65
69
53
57
44
43
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.