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2301 Cherry St #5/6F, Philadelphia, PA, 19103

4beds
4baths
2,540sqft
$575,000
$226price/sqft
$4,241/moest. monthly cost
$169,640/yrincome needed

About This Home

Bring your vision to this expansive 2,500 sq. ft. space in the Rivers Edge Condominium located in Logan Square. Units 5F and 6F combined offer a rare chance to create a large home entirely your own. With generous proportions and abundant natural light, the 4-level space is a flexible canvas waiting to become your dream home. Opportunity to design a chef’s kitchen, spa-inspired baths, and sweeping living and entertaining areas that reflect your personal style. Currently configured with 4 bedrooms, 3.5 bathrooms, with 2 balconies and 2 parking spaces, these combined units are priced to allow the new owner to customize everything. Opportunities of this size and pricing don’t come along often. For buyers who want to create something truly special, this residence is the perfect foundation to bring your dream home to life. Rivers Edge is a boutique condominium building adjacent to the Schuylkill Trail with a 24-hour doorman, assigned indoor parking, and shared access to a roof deck with endless 360-degree views…spectacular during fireworks or drone shows! If you work in the city or want to take advantage of all the city offers, this home is ideal for you. The tranquil, off-the-beaten-path location is only a short walk to Center City, Market Street business district, Rittenhouse, Suburban Station, Amtrak’s 30th Street Station, University City (University of Pennsylvania and Drexel University), and the Art Museum and the new Calder Museum. Giant supermarket and Starbucks right next door; Whole Foods and Trader Joe's are a few blocks away. Drive out of your parking spot (private EV charger installation capable) and easily access all major highways, including 76, 676, and 95, within minutes. PET-FRIENDLY. New Pilates studio is located on the street level. Located in the Albert Greenfield Elementary School catchment. The Seller has paid the special assessment. The facade replacement and window repair has begun (August 2026) Note: 5F (mls PAPH2540826) and 6F (mls PAPH2590824) are available to purchase separately.

Getting Around

93
WalkingWalker's Paradise
100
TransitRider's Paradise
94
BikeBiker's Paradise

Schools

9/10
2/10

Construction

Condition

  • Year built: 1980

Materials

  • Construction materials: Masonry

Type & Style

  • Home type: Condo
  • Architectural style: Contemporary
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Electric Water Heater
  • Laundry features: In Unit

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bathrooms: 4
  • Main level bedrooms: 4

Features

  • Finished area below ground: 0
  • Finished area above ground: 2,540

Heating & Cooling

  • Heating features: Forced Air,Heat Pump,Zoned,Electric
  • Cooling features: Multi Units,Zoned,Central Air,Electric

Interior Area

  • Total structure area: 2,540
  • Total interior livable area: 2,540 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 888083977
  • Attached to another structure: Yes
  • Zoning: RMX3
  • Special condition: Standard

Features

  • Levels: Bi-Level,Multi/Split,Four
  • Stories: 4
  • Pool features: None

Lot

  • Lot size dimensions: 0.00 x 0.00

Parking

  • Total spaces: 2
  • Parking features: Covered,Garage Faces Front,Garage Door Opener,Inside Entrance,Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Inland Flooding
    Inland FloodingVery High
  • Cold Wave
    Cold WaveModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Cold Wave
Winter Weather
Tsunami

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,907$34,884
Home Insurance *$649$7,788
Property Taxes $407$4,884
Electricity $278$3,344
Total$4,241$50,892
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$145,405/yr
40% on housing$127,230/yr
45% on housing$113,093/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.5%
5.5%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$226This listing

vs Other Active Listings

Avg $/sqft

ZIP 19103$534
Philadelphia County$162

vs Homes Sold Last Month

Median $/sqft

ZIP 19103$583
Philadelphia County$236

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-04Price change$550,000
2026-06-24Price change$575,000
2026-05-04Price change$599,000
2025-09-25Listed for sale$650,000

For Sale by Agent

AgentLeanne Hirsch
BrokerageKW Empower

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