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1951 N Gratz Street Philadelphia, PA $ 299,000
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1951 N Gratz Street
$ 299,000
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1951 N Gratz Street

Philadelphia, PA, 19121
$ 299,000
Baths0.0

Monthly Estimate*

$ 1,888

1951 N Gratz Street, Philadelphia, PA 19121 - Image 1
1951 N Gratz Street, Philadelphia, PA 19121 - Image 2
1951 N Gratz Street, Philadelphia, PA 19121 - Image 3
1951 N Gratz Street, Philadelphia, PA 19121 - Image 4
1951 N Gratz Street, Philadelphia, PA 19121 - Image 5
1951 N Gratz Street, Philadelphia, PA 19121 - Image 6
1951 N Gratz Street, Philadelphia, PA 19121 - Image 7
1951 N Gratz Street, Philadelphia, PA 19121 - Image 8
1951 N Gratz Street, Philadelphia, PA 19121 - Image 9
Studio

Multi-Family Home for sale in Philadelphia, PA

for $299,000. This home was built in 1915 on a lot size of 0.03.

1951 N Gratz St presents an excellent investment opportunity with two spacious 4-bedroom, 2-bathroom units and strong income potential. Unit 1 is currently occupied by a PHA tenant generating $1,927 per month, while Unit 2 is vacant and projected to rent for approximately $1,650 per month, offering flexibility for an owner-occupant or investor seeking additional cash flow. Each unit features central air conditioning and gas forced-air heat for year-round comfort. The property also includes an unfinished basement that provides additional storage space and a private backyard for outdoor enjoyment. With a total of eight bedrooms across two units, this property offers a versatile layout designed to meet a variety of rental needs. Whether you're looking to expand your portfolio or secure a multi-unit property with immediate income and upside potential, this is an opportunity worth exploring. Contact us today to schedule a tour or learn more about the property's income potential and investment opportunities. *Some photos may have been virtually enhanced or digitally edited for marketing purposes.

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Multi-Family Active

Price

$ 299,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,509

Style

Straight Thru

Lot Size

0.03

Year Built

1915

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2637640
Features
General
Living Area 2748
Sewer Public Sewer Public Septic
Heating 90% Forced Air
Cooling Central A/C
Possession Immediate
Zoning RM1
Architectural Style Straight Thru
Construction Materials Masonry
School District PHILADELPHIA CITY
Year Built 1915
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel Natural Gas
Municipality PHILADELPHIA
Gross Income 42924.00
Accessibility None
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 From Center City Philadelphia take N Broad St north to W Montgomery Ave. Turn left onto W Montgomery Ave then right onto N Gratz St. Continue to 1951 N Gratz St; the property will be on your right.
City PHILADELPHIA
Number Of Units Total 2
MLS Area 19121 (19121)
Lot Size Units Square Feet
Lot Size Square Feet 1285.00
Number of Units Leased 1
Tax Annual Amount 6509.0
Property Condition Excellent
Two Bedroom 0
Structure Type Interior Row/Townhouse
Price Per Sq Ft Total AG 108.81
Vacation Rental Y/N N
Lease Type Month to Month
Standard Status Active
Year Built Source Assessor
Tax Lot 218
Total Actual Rent 23124.00
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Interior
Heating Fuel Natural Gas
Basement Unfinished
Hot Water Other
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
Type of Parking None
Foundation Details Stone
Water View Y/N N
Lot Dimensions 16.00 x 80.00
Lot Size Acres 0.03
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 93000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1951
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* Excluded Features
List By
Tcs Management, Llc

Broker

moshe@tcsmgt.com

Email

Affordability Calculator

$2,430
Per Month
78%
22%
0%
Monthly Principal & Interest
$1,888
Monthly Property Taxes
$542
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
6/16/2026$299,000 Listed Price

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1951 N Gratz Street, Philadelphia, PA, 19121 is a Multi-Family Home for sale at $299,000 with a lot size of 0.03. 1951 N Gratz Street is a studio with 0.0 baths and was built in 1915. The property's zip code is 19121 which is in Philadelphia, PA

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