2424 S Reese St Philadelphia, PA 19148
Whitman NeighborhoodEstimated payment $1,642/month
Highlights
- Straight Thru Architecture
- Patio
- Multi-Tank Hot Water Heater
- Main Floor Bedroom
- Forced Air Heating System
- 2-minute walk to Mifflin Square Park
About This Home
Built in 1920, this interior row townhouse showcases a classic architectural style, offering a solid masonry construction that ensures durability and low maintenance costs. Strategically positioned within proximity to various transportation options-including a commuter rail station and bus stops-this property is well-suited for tenants who prioritize accessibility. The location, less than 10 miles from the airport, further enhances its attractiveness for renters seeking convenience. Investors will appreciate the average condition of the property, which allows for value-add opportunities through cosmetic updates and improvements. The outdoor patio space offers potential for tenant enjoyment, enhancing rental appeal. Whether your looking to live in one unit or rent out both units, this property represents a strategic addition to any investment portfolio, with the potential for strong returns through rental income and appreciation in a growing market. The property will be delivered in as-is condition. Current tenants will be relocate prior to closing.
Listing Agent
(215) 252-6084 Greg@rbfrealestate.com RBF Real Estate, LLC. License #RM423042 Listed on: 10/10/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,023
Year Built
- Built in 1920
Lot Details
- 742 Sq Ft Lot
- Property is in average condition
Home Design
- Duplex
- Straight Thru Architecture
- Flat Roof Shape
- Block Foundation
- Masonry
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating System
- 100 Amp Service
- Multi-Tank Hot Water Heater
- Phone Available
- Cable TV Available
Additional Features
- Main Floor Bedroom
- Patio
- Unfinished Basement
Listing and Financial Details
- Tax Lot 176
- Assessor Parcel Number 392305800
Community Details
Overview
- 2 Units
- 2-Story Building
- Whitman Subdivision
Building Details
- 2 Vacant Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $3,298 | $216,000 | $43,200 | $172,800 |
| 2025 | $3,298 | $216,000 | $43,200 | $172,800 |
| 2024 | $3,298 | $216,000 | $43,200 | $172,800 |
| 2023 | $3,298 | $235,600 | $47,120 | $188,480 |
| 2022 | $2,766 | $235,600 | $47,120 | $188,480 |
| 2021 | $2,766 | $0 | $0 | $0 |
| 2020 | $2,766 | $0 | $0 | $0 |
| 2019 | $2,553 | $0 | $0 | $0 |
| 2018 | $1,607 | $0 | $0 | $0 |
| 2017 | $1,607 | $0 | $0 | $0 |
| 2016 | $1,607 | $0 | $0 | $0 |
| 2015 | $1,540 | $0 | $0 | $0 |
| 2014 | -- | $114,900 | $10,998 | $103,902 |
| 2012 | -- | $6,656 | $678 | $5,978 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/27/2025 10/27/25 | Price Changed | $264,000 | -2.8% | $224 / Sq Ft | |
| 10/20/2025 10/20/25 | Price Changed | $271,500 | -3.0% | $230 / Sq Ft | |
| 10/10/2025 10/10/25 | For Sale | $280,000 | +48.1% | $237 / Sq Ft | |
| 06/14/2018 06/14/18 | Sold | $189,000 | 0.0% | $160 / Sq Ft | View Prior Sale |
| 05/07/2018 05/07/18 | Pending | -- | -- | -- | |
| 04/25/2018 04/25/18 | For Sale | $189,000 | -- | $160 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $189,000 | Atlantic Search & Abstract I | |
| Deed | $45,000 | None Available | |
| Sheriffs Deed | $50,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $181,772 | FHA |
Source: Bright MLS
MLS Number: PAPH2546168
APN: 392305800
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