1916 N Gratz Street
Philadelphia, PA, 19121 $ 199,999
Bedrooms5 Baths2.0 Sq 1,704 Monthly Estimate*
$ 1,231
for $199,999 with 5 bedrooms and 2 full baths. This 1,704 square foot townhouse was built in 1915 on a lot size of 0.03.
Investor Alert! 24-hour notice required for all showings. Currently operating as a 5-bedroom, 2 bath rental, the property generates $22,800 Gross annual rent starting August 2026 and is fully leased through July 2027, providing investors with stable, predictable returns from day one. Offering a nearly 9% cap rate. The property sits in the heart of Temple University's off-campus student housing district and has long been a favorite among student renters. Featuring a private roof deck, expansive private patio, and full basement, it offers the outdoor space and amenities that consistently drive demand in the area. Its prime location and unique features make it a perennial standout for off-campus housing seekers. Offering an 8.5%+ cap rate, this is the type of opportunity savvy investors search for but rarely find. With stable income already in place, strong rental demand, and attractive returns from day one, this property delivers the combination of cash flow and value that is becoming increasingly difficult to find in today's market. This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2631578, PAPH2631596, PAPH2632718, PAPH2632744, PAPH2635058, PAPH2635078, PAPH2637494, PAPH2637506, PAPH2637526, PAPH2637534 PAPH2638432, PAPH2638436, PAPH2639290 PAPH2639294, PAPH2639300 and PAPH2639390
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FeaturesGeneralLiving Area 1704
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Negotiable
Zoning RM1
Architectural Style Traditional
Construction Materials Masonry
School District THE SCHOOL DISTRICT OF PHILADELPHIA
Year Built 1915
Levels 3
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Residential
HOA N
Subdivision Name TEMPLE UNIVERSITY
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Full Baths 2
Status ACTIVE
Directions Use GPS
City PHILADELPHIA
Senior Community Y/N N
MLS Area 19121 (19121)
Lot Size Units Square Feet
Lot Size Square Feet 1307.00
Tax Annual Amount 5351.0
Home Warranty Y/N N
Structure Type Interior Row/Townhouse
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 1
Bathrooms Count Main Level 1.00
Price Per Sq Ft Total AG 117.37
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Tax Lot 150
Total Actual Rent 22800.00
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InteriorHeating Fuel Natural Gas
Basement Unfinished
Hot Water 60+ Gallon Tank
Basement (Y/N) Y
Heating Y/N Y
Above Grade Finished Area 1704
Half Baths 0
Central Air Y/N Y
Total Bedrooms 5
Below Grade Finished Area 0
Main Level Bedrooms 0
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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ExteriorPool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Brick/Mortar
Spa N
Water View Y/N N
Lot Size Acres 0.03
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 76460.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByKeller Williams Realty Devon-WayneBroker
mikecolemanrealestate@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,231
- Monthly Property Taxes
- $446
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyTownhouse listings in Philadelphia, PA
Average List Price $352,266
Percent of Sale Price 76%
About Philadelphia, PA 1,588,239 Population
5% Since 2002
$ 42,223 Median Income
36 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
3533249 Elementary School
3533189 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/20/2026 | $199,999 | | Listed Price |