Tour
$10,000 Closing Credit¹
#PAPH2432974, Michael D Phillips, Listing Office: Compass Pennsylvania, LLC
$995,000 List price
1702 N Gratz St Philadelphia, PA 19121
$10,000
Closing credit¹
4,844 sqft
0.03 acres
$205 / sqft
Multi-Family
Property details
About 1702 N Gratz St
Great Investment Opportunity! This fantastic newer construction (2021) duplex is located only a few blocks from Temple University. This building offers one 5-bedroom/4-bathroom unit (lower unit) and one 6-bedroom/4.5-bathroom unit (upper unit). The bedrooms are spacious with built-in closets and the bathrooms are beautifully done with custom tile work. Both units include tasteful high-end lighting fixtures and beautiful kitchens with top-of-the-line stainless steel appliances, quartz countertops, custom backsplashes, and plenty of cabinet space. The lower unit has access to a fenced patio and the upper unit has access to a large rooftop deck with gorgeous city views. Students will have comfort and convenience with in-unit washers/dryers, a security system, central air conditioning and heating throughout. Located at Temple University and just minutes from numerous public transportation routes with easy access to Center City, Fairmount, and Northern Liberties. With an estimated gross operating income of 82,500.00 and an 8% cap rate, this building has excellent investment value and will be a great addition to any investor’s portfolio. There are over 6 years left on the full 10 year tax abetment Schedule your showing today.
Highlights
Home typeDuplex
HeatingForced Air
StatusActive
(ACTIVE)
(ACTIVE)
CoolingCentral Air
Size4,844 sqft
BasementYes
Lot size0.03 Acres
Year builtNew Const.
ParkingOn Street
MLS #PAPH2473154
ViewCity
Summary
- Appliances: Washer, Dryer, Refrigerator, Range, Microwave
- Basement: Yes
- Interior: Floor Plan - Open, Built-Ins, Crown Moldings, Bathroom - Tub Shower, Bathroom - Stall Shower, Upgraded Countertops, Recessed Lighting, Combination Dining/Living, Dining Area, Kitchen - Eat-In, Wood Floors, Bathroom - Soaking Tub
- Parking: On Street
- View: City
- Architectural Style: Contemporary
- Heating: Forced Air
- Cooling: Central Air
- List Price: $995,000
- Price/SqFt: $205
- Annual Tax Amount: $2,259
- Tax Year: 2023
- Directions: gps
- Living Area: 4,844 SqFt
- Municipality: Philadelphia
- Lot Size: 0.03 Acres
- MLS Number: PAPH2473154
- MLS Name: BRIGHT
- Office Name: KW Empower
- Office Phone: (215) 627-3500
- Office Email: vicki@kwempower.com
- Listing Agent: Andre Quain
- Agent Phone: (215) 500-9180
- Agent Email: andrequain@gmail.com
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2025, 4:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$995,000
1702 N Gratz St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 24, 2022 | Home Sold | $927,500 |
| Mar 18, 2020 | Home Sold | $214,500 |
| Oct 21, 2019 | Home Sold | $160,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $807,200 | $2,259 |
| 2022 | $161,400 | $673 |
| 2021 | $- | $673 |
| 2020 | $48,100 | $673 |
| 2019 | $48,100 | $673 |
| 2018 | $48,100 | $673 |
| 2017 | $48,100 | $673 |
History based on county public records data.
Nearby schools
2
Kipp North Philadelphia Charter School
Public Charter KG-6
0.9 mi
•2539 N 16th St
1
Richard R. Wright Elementary School
Public District KG-5
1.0 mi
•2700 W Dauphin St
1
Thomas May Peirce Elementary School
Public District KG-6
1.3 mi
•2300 W Cambria St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $11,406. The most common annual income of people living in Philadelphia, PA is less than $<35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
How much money do the neighbors make?
85%
<35k
8%
35k-100k
6%
100k-200k
1%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
87%
Single, No Kids
10%
Single, with Kids
2%
Married, No Kids
1%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
3%
<11 yrs old
2%
12-17 yrs old
87%
18-34 yrs old
7%
35-64 yrs old
1%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
White Castle
Little Caesars
What do the neighbors drive?
Honda
Kia
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 1702 N Gratz St in Philadelphia, PA and zip code 19121 in the Lower North Philadelphia neighborhood. This 4,844 square foot home sits on a 0.03 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 27, 2025 and is currently priced at $995,000.
While more than 174 listings in Philadelphia, PA in March 2025 were sold above asking price, there were more than 171 listings sold at asking price, and more than 344 were sold below. The inventory of homes for sale in Philadelphia, PA between February and March 2025 increased by 29.2%. In March 2025, listings were on the market for 50 days. During the same period, the median list price in this real estate market was $269,412.
From Rocket Homes Real Estate and based on county public records data.