Investor-friendly and buyer-ready! This 3-bedroom, 1.5-bath home is nestled in the thriving Point Breeze neighborhood — one of Philly’s hottest up-and-coming areas. With tenants already in place, this property offers immediate rental income for savvy investors or a unique opportunity for buyers looking to move in and make it their own. Step inside to find hardwood floors throughout the first level, offering timeless charm and durability. Upstairs, you'll find carpeted hallways and hardwood flooring in the bedrooms, including a spacious main bedroom that could use a little TLC to really shine. The kitchen and bathrooms are in average condition, functional and ready for some light updates or upgrades. The finished basement adds valuable bonus space — perfect for a rec room, office, or extra storage. The home features oil heat with forced air and window units to keep things cool in the summer. Enjoy relaxing evenings on the front porch or hosting get-togethers in the backyard, which offers just the right amount of space. This property qualifies for a 10K Grant offered by Prosperity Home Mortgage, which can be used for closing costs, rate buy-down, and more. It is fully forgivable to all buyers, not just first-time buyers. Reach out for more information. Additionally, the property qualifies for the CRA program, offering a conventional loan with no mortgage insurance, low down payment and lower interest rate. With a Walk Score of 82, most daily errands can be completed without the need for a car. The Bike Score of 83 reflects strong biking infrastructure. You're just steps away from local favorites like Community, Cafe Ynez, Tasty Toast, and Two Eagles Cafe — perfect for grabbing coffee or enjoying a bite to eat. Nearby grocery options include Christian Food Market, Palot Reyes Grocery, Olivares Food Market, and Federal Food Market, offering convenient access to fresh ingredients and everyday essentials. Families will appreciate being near McDaniel Delaplaine School and South Philadelphia High School, making the location ideal for all stages of education. For commuters, the Tasker-Morris Station on the Broad Street Line (BSL) is just a one-minute walk away, offering direct access from NRG Station to Fern Rock TC — a dream for city travel. Outdoor lovers will enjoy proximity to green spaces like Wharton Square, Vare Playground, and Catharine Park, providing great spots to relax or get active in the neighborhood. Whether you're looking to expand your rental portfolio or settle into a community on the rise, this home delivers solid potential and value in one of South Philly’s most dynamic neighborhoods. 📍Schedule your showing today!
For sale
$220,000
2232 Reed St, Philadelphia, PA 19146
3beds
1,180sqft
Est.:
Townhouse
Built in 1925
896 Square Feet Lot
$209,800 Zestimate®
$186/sqft
$-- HOA
What's special
Finished basementFront porchHardwood floorsSpacious main bedroomCarpeted hallways
- 104 days
- on Zillow |
- 479 |
- 23 |
Zillow last checked: 7 hours ago
Listing updated: July 20, 2025 at 01:28pm
Listed by:
Maria Quattrone 215-607-3523,
RE/MAX @ HOME 2156073535,
Listing Team: Maria Quattrone & Associates
Source: Bright MLS,MLS#: PAPH2467074

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Rooms
- Room types: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Basement, Bedroom 1, Bathroom 1
Bedroom 1
- Level: Upper
Bedroom 2
- Level: Upper
Bedroom 3
- Level: Upper
Bathroom 1
- Level: Upper
Basement
- Level: Lower
Dining room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Water Heater
Features
- Basement: Finished
- Has fireplace: No
Interior area
- Total structure area: 1,180
- Total interior livable area: 1,180 sqft
- Finished area above ground: 1,180
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Exterior features: Street Lights, Sidewalks
- Pool features: None
- Has view: Yes
- View description: Street
Lot
- Size: 896 Square Feet
- Dimensions: 14.00 x 64.00
- Features: Urban
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 364001500
- Zoning: RM1
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Straight Thru
- Property subtype: Townhouse
Materials
- Masonry
- Foundation: Other
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Point Breeze
HOA
- Has HOA: No
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $186/sqft
- Tax assessed value: $179,000
- Annual tax amount: $2,505
- Date on market: 4/22/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Exclusions: All Furniture In The Property Is Excluded From The Sale.
- Ownership: Fee Simple
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