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1918 N Gratz St, Philadelphia, PA 19121

Philadelphia
Local realty services provided by:CENTURY 21 Rauh & Johns
1918 N Gratz St,Philadelphia, PA 19121
$399,900
  • - Beds
  • - Baths
  • 2,550 sq. ft.
  • Multi-family
  • Active
Listed by: michael coleman, danielle redenbaugh
Office: keller williams realty devon-wayne
MLS#:PAPH2638432
Source:BRIGHTMLS

Price summary

  • Price:$399,900
  • Price per sq. ft.:$156.82

About this home

Investor Alert! 24-hour notice required for all showings. Fully occupied and fully leased through July 2027, this exceptional duplex offers immediate cash flow and strong long-term upside. Currently generating $40,800 in annual gross rental income, with leases already in place that will increase annual income to $44,200 beginning August 2026, this income-producing asset is an outstanding opportunity for investors seeking stable returns and dependable cash flow. The property consists of two spacious student housing units totaling 9 bedrooms and 5 bathrooms: Unit 1: 4 bed / 2 bath Current Rent $1500 Future Rent Starting August 1st $1600
Unit 2: 5 bed / 3 bath Current Rent $1900 Future Rent Starting August 1st $2000 A standout feature is the property's private roof deck, a highly sought-after amenity in the Temple University rental market that enhances tenant appeal, supports strong leasing performance, and helps drive rental growth.

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Home facts

  • Year built:2011
  • Listing ID #:PAPH2638432
  • Added:2 day(s) ago
  • Updated:June 20, 2026 at 05:54 AM

Rooms and interior

  • Basement:Yes
  • Basement Description:Fully Finished
  • Living area:2,550 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Electric, Forced Air

Structure and exterior

  • Year built:2011
  • Building area:2,550 sq. ft.
  • Lot area:0.03 Acres
  • Architectural Style:Traditional
  • Construction Materials:Masonry
  • Foundation Description:Block

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$399,900
  • Price per sq. ft.:$156.82
  • Tax amount:$8,729 (2026)

Parking

  • Parking description:On Street

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