1940 N Gratz Street Philadelphia, PA $ 425,000
1940 N Gratz Street
$ 425,000
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1940 N Gratz Street

Philadelphia, PA, 19121
$ 425,000
Bedrooms3 Baths0.0

Monthly Estimate*

$ 2,651

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Multi-Family Home for sale in Philadelphia, PA

for $425,000 with 3 bedrooms. This home was built in 2010 on a lot size of 0.03.

10% Cap Rate near Temple University! Gross projected monthly income $4,000. Great, responsible tenants who have been there for years. The duplex was built in 2010 with some new appliances and a maintained roof and HVAC. Unit A: 4 bed 2 full baths + backyard + finished basement - vacant since July 2025, perfect for owner occupied buyers. Unit B: 3 bed 1.5 baths - leased until July 2026. The property is well maintained and ready to cash flow. The property is self-managed by the owner. Landlords are retiring. This property is a perfect investment, and also great for househacking, Unit A can be available to live in immediately at settlement. Unit A is vacant and can be shown anytime. Unit B needs 24 hour advanced notice. Please show Unit A first; if interested, can schedule another appointment to see the occupied unit if it's not available the same day your client is available.

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Multi-Family Active

Price

$ 425,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 7,386

Style

Straight Thru

Lot Size

0.03

Year Built

2010

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2567948

Features
General
Living Area 2253
Sewer Public Sewer
Heating Central
Cooling Central A/C
Possession Settlement
Zoning RM1
Architectural Style Straight Thru
Construction Materials Masonry
School District PHILADELPHIA CITY
Exclusions Tenants' personal belongings and furniture.
Year Built 2010
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Accessibility 2+ Access Exits
County PHILADELPHIA
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Turn left on Gratz St.
City PHILADELPHIA
Disclosures Agent Related to Owner
Number Of Units Total 2
MLS Area 19121 (19121)
Lot Size Units Square Feet
Lot Size Square Feet 1301.00
Number of Units Leased 1
Tax Annual Amount 7386.0
Two Bedroom 0
Structure Type Interior Row/Townhouse
Price Per Sq Ft Total AG 188.64
Acceptable Financing Cash Conventional FHA VA Bank Portfolio
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 162
Cap Rate 10.00
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Interior
Heating Fuel Electric
Basement Daylight Partial Full Fully Finished Interior Access Windows Sump Pump Poured Concrete
Hot Water 60+ Gallon Tank
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N Y
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Exterior
Pool No Pool
Water Source Public
Inclusions All appliances shown in as-is condition.
Type of Parking On Street
Foundation Details Concrete Perimeter
Water View Y/N N
Lot Dimensions 16.00 x 81.00
Lot Size Acres 0.03
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 105500.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1940
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* Excluded Features
List By
Tesla Realty Group, Llc

Broker

yourlistingboss@gmail.com

Email

Affordability Calculator

$3,267
Per Month
81%
19%
0%
Monthly Principal & Interest
$2,651
Monthly Property Taxes
$616
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
Pricing History
DatePricePrice ChangeDescription
12/17/2025$425,000 Listed Price

Map


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1940 N Gratz Street, Philadelphia, PA, 19121 is a Multi-Family Home for sale at $425,000 with a lot size of 0.03. 1940 N Gratz Street has 3 bedrooms, 0.0 baths, and was built in 2010. The property's zip code is 19121 which is in Philadelphia, PA