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1218 Pratt Street Philadelphia, PA $ 183,432
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$ 183,432 Get more info
1218 Pratt Street
$ 183,432
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1218 Pratt Street

Philadelphia, PA, 19124
$ 183,432
Bedrooms2 Baths0.0

Monthly Estimate*

$ 1,144

1218 Pratt Street, Philadelphia, PA 19124 - Image 1

Multi-Family Home for sale in Philadelphia, PA

for $183,432 with 2 bedrooms. This home was built in 1925 on a lot size of 0.03.

Package Sale Two Legal Duplexes on Pratt Street (Sold Together) Investor opportunity to acquire two side-by-side legal duplexes being sold only as a package with 1218 Pratt St. Each property includes one tenant-occupied unit generating $1,000/month and one vacant unit requiring renovation. Properties are priced to reflect current condition and value-add potential. Buyers should expect renovations and are encouraged to conduct due diligence prior to scheduling showings. Active rental licenses are in place. Strong rental demand in this corridor for both market-rate and Section 8 tenants. Sale is as-is. Buyer responsible for U&O, inspections, and all certifications. Pro forma available upon request. Properties will not be sold separately.

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Multi-Family Active

Price

$ 183,432

Bedrooms

2

Property Type

Multi-Family

Taxes

$ 2,568

Style

Straight Thru

Lot Size

0.03

Year Built

1925

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2544604
Features
General
Living Area 1392
Sewer Public Sewer
Heating Hot Water
Cooling None
Possession 0-30 Days CD
Zoning RSA5
Architectural Style Straight Thru
Construction Materials Masonry
School District PHILADELPHIA CITY
Year Built 1925
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Municipality PHILADELPHIA
Gross Income 11400.00
Accessibility 32 + wide Doors
County PHILADELPHIA
Net Operating Income 7410.00
Operating Expense 4000.00
Insurance Expense 1200.00
New Construction N
Property Type Multi-Family
MaintenanceExpense 1000.00
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions GPS
City PHILADELPHIA
Number Of Units Total 2
MLS Area 19124 (19124)
Lot Size Units Square Feet
Lot Size Square Feet 1395.00
Tax Annual Amount 2568.0
Two Bedroom 0
Structure Type Interior Row/Townhouse
Price Per Sq Ft Total AG 131.78
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 164
Cap Rate 4.00
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Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Furnished Units None
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Brick/Mortar
Water View Y/N N
Lot Dimensions 16.00 x 90.00
Lot Size Acres 0.03
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 36700.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1218
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* Excluded Features
List By
Iss Realty, Llc

Broker

warrennelson@realtyagent.com

Email

Affordability Calculator

$1,358
Per Month
84%
16%
0%
Monthly Principal & Interest
$1,144
Monthly Property Taxes
$214
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4835660 Elementary School
4835659 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/4/2025$183,432 Listed Price

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1218 Pratt Street, Philadelphia, PA, 19124 is a Multi-Family Home for sale at $183,432 with a lot size of 0.03. 1218 Pratt Street has 2 bedrooms, 0.0 baths, and was built in 1925. The property's zip code is 19124 which is in Philadelphia, PA

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