#PAPH2415314, Alex C Prince, Listing office: TCS Management, LLC
1928 N Gratz St Philadelphia, PA 19121
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
(ACTIVE)
Summary
- Appliances: Microwave, Dishwasher, Washer/Dryer Stacked, Stainless Steel Appliances
- Basement: Yes
- Flooring Type: Hardwood, Luxury Vinyl Plank
- Interior: Built-Ins, Floor Plan - Open, Combination Kitchen/Dining, Walk-in Closet(s), Wood Floors
- Parking: On Street
- Architectural Style: Traditional
- Heating: Forced Air
- Cooling: Central Air
- List Price: $664,900
- Price/SqFt: $235
- Annual Tax Amount: $1,605
- Tax Year: 2023
- Directions: Heading North on Broad Street, make a left on Norris Street and a left on N. Gratz Street
- Year Built: 2014
- Living Area: 2,829 SqFt
- Municipality: Philadelphia
- Lot Size: 0.03 Acres
- 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
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Last updated on: 7/18/2025, 12:45:40 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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. Typical income of Philadelphia, PA residents is less than $<35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 1928 N Gratz St
The listing price of 1928 N Gratz St property is $664,900.
The property 1928 N Gratz St is a multi located in Philadelphia, Pennsylvania, 19121.
Active Listing: 1928 N Gratz St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1928 N Gratz St are: Kipp North Philadelphia Charter School (GreatSchools Rating 2/10), Richard R. Wright Elementary School (GreatSchools Rating 1/10), Thomas May Peirce Elementary School (GreatSchools Rating 1/10), Alliance for Progress Charter School (GreatSchools Rating 3/10), Young Scholars Charter School at Frederick Douglass (GreatSchools Rating 3/10), Tanner G. Duckrey School (GreatSchools Rating 3/10), Carver High School (GreatSchools Rating 8/10), Tech Freire Charter School (GreatSchools Rating 3/10), Philadelphia Military Academy at Elverson (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $1,605 (source: MLS/based on county public records data).
The property 1928 N Gratz St is 2,829 SqFt (source: MLS/tax record).
The year of construction for 1928 N Gratz St is 2014.
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.
The number of listings in Philadelphia, PA increased by 36.5% between May and June 2025. The median list price of listings available in June 2025 was $292,873, while the average time on the real estate market was 90 days.