$7,826 Closing Credit¹
#PAPH2440784, Frederic D Musilli, Listing Office: DJCRE Inc.
$664,900 List price
1928 N Gratz St Philadelphia, PA 19121
$7,896
Closing credit¹
2,829 sqft
0.03 acres
$235 / sqft
Multi-Family
Property details
About 1928 N Gratz St
Check out this modern duplex situated on one of the most student-populated blocks in Temple University’s off-campus housing. This high-demand rental property offers luxurious living with premium amenities, including central air and heat, sleek hardwood flooring, natural stone kitchen counters, and in-unit laundry. Tenants enjoy easy access to key student destinations like Geasy Field, Polett Walk, and The Liacouras Center while being in the heart of Temple’s thriving off-campus community. Unit A is a 4-bedroom, 2-bathroom apartment featuring an expansive first-floor living area that flows seamlessly into a contemporary kitchen with an island and stainless steel appliances. Unit B is a 5-bedroom, 4-bathroom apartment with spacious layouts and custom closet shelving designed for student comfort. This unit also boasts high-end entertainment features, including a flat-screen TV with surround sound, outdoor speakers with aux hookups, and a large fiberglass rooftop deck with a stunning view of the Philadelphia skyline. The gross annual income for the 2025-2026 school year is $67,800 with estimated expenses at $19,191. With an estimated net operating income of $48,608 and offered at a 7.31% cap rate, this building is a cash flow machine and will be a great addition to any investor's portfolio! With a strong rental history, this duplex presents an excellent investment opportunity in one of the most sought-after student rental locations. Don’t miss out on adding this high-performing property to your portfolio!
Highlights
Home typeDuplex
HeatingForced Air
StatusActive
(ACTIVE)
(ACTIVE)
CoolingCentral Air
Size2,829 sqft
BasementYes
Lot size0.03 Acres
Year built2014
ParkingOn Street
MLS #PAPH2449320
Summary
- MLS Number: PAPH2449320
- MLS Name: BRIGHT
- Office Name: Keller Williams Real Estate-Blue Bell
- Office Phone: (215) 646-2900
- Listing Agent: James J Romano
- Agent Phone: (215) 520-6839
- Agent Email: jim@suburbs2city.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: 3/5/2025, 11:55:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$664,900
1928 N Gratz St
$7,896
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $573,800 | $1,605 |
| 2022 | $114,700 | $1,061 |
| 2021 | $- | $1,061 |
| 2020 | $541,900 | $1,061 |
| 2019 | $381,300 | $747 |
| 2018 | $475,000 | $930 |
| 2017 | $475,000 | $930 |
History based on county public records data.
Nearby schools
2
Kipp North Philadelphia Charter School
Public Charter KG-6
0.7 mi
•2539 N 16th St
1
Richard R. Wright Elementary School
Public District KG-5
0.8 mi
•2700 W Dauphin St
1
Thomas May Peirce Elementary School
Public District KG-6
1.1 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 $14,759. Most Philadelphia, PA residents have annual incomes less than $<35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
70%
<35k
11%
35k-100k
19%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
85%
Single, No Kids
11%
Single, with Kids
3%
Married, No Kids
1%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
6%
<11 yrs old
3%
12-17 yrs old
71%
18-34 yrs old
16%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Boston Market
Little Caesars
What do the neighbors drive?
Kia
Honda
Dodge
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 1928 N Gratz St in Philadelphia, PA and zip code 19121 in the Lower North Philadelphia neighborhood. This 2,829 square foot home, which was built in 2014, sits on a 0.03 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 4, 2025 and is currently priced at $664,900.
Over 154 listings were sold over their listed price in February 2025 in Philadelphia, PA. In the same period over 396 listings were sold below the listed price and 166 listings were sold for the listed price. The number of listings in Philadelphia, PA increased by 10.7% between January and February 2025. In February 2025, listings were on the market for 59 days. During the same period, the median list price in this real estate market was $268,469.
From Rocket Homes Real Estate and based on county public records data.