$6,531

closing credit¹

1945 N Gratz St Philadelphia, PA 19121

$550,000
1,809 sqft
0.03 acres
$304 / sqft
Multi-Family

Property details

About 1945 N Gratz St

Discover an exceptional investment opportunity at 1945 N. Gratz St., situated in the thriving Temple University area. This duplex was beautifully renovated in 2018 and still benefits from the remainder of a 10-year tax abatement! Fully occupied through July 2025, this property offers an ideal blend of modern amenities and convenience, attracting students and renters alike. **Unit A** features a thoughtfully designed layout with hardwood floors throughout, accommodating 3 spacious bedrooms, each with its own private bathroom, plus an additional half bath on the first floor. The unit's well-appointed kitchen opens to the living area and this unit features a fenced spacious back patio, perfect for outdoor gatherings and BBQs. Each bedroom is equipped with custom closets, providing ample storage space, a feature highly valued by tenants. **Unit B** boasts 5 generously sized bedrooms and 3 modern bathrooms, making it an attractive option for students seeking comfort and style. The kitchen, adorned with sleek white cabinetry, a large island and stainless steel appliances, offers a fresh, contemporary look. Carpeting throughout the bedrooms adds an extra layer of soundproofing, enhancing privacy and tranquillity. Both units are separately metered and include air conditioning for comfort during warmer months and a security system for peace of mind. This property not only meets the demands of the current rental market but also stands out as a lucrative investment in a sought-after location. Don't miss your chance to own this exceptional property in the heart of the Temple University area.

Highlights

Home typeDuplex
HeatingCentral, Forced Air
StatusActive
(ACTIVE)
CoolingCentral Air
Size1,809 sqft
BasementYes
Lot size0.03 Acres
Year built1915
ParkingOn Street
MLS #PAPH2411506

Summary

  • MLS Number: PAPH2411506
  • MLS Name: BRIGHT
  • Office Name: Compass Pennsylvania, LLC
  • Office Phone: (610) 822-3356
  • Office Email: marianne.dillon@compass.com
  • Listing Agent: Jordan B Wiener

IDX 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: 1/22/2025, 6:24:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house

$550,000

1945 N Gratz St

$6,531

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 01, 2021
Home Sold
$659,500

Tax history

YearAssessmentProperty Tax
2020$0$1,304
2019$94,100$1,317
2018$113,800$1,592
2017$113,800$1,592

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

0.9 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.

All data from GreatSchools

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.

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 BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Boston MarketBoston Market
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • KiaKia
  • HondaHonda
  • DodgeDodge

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1945 N Gratz St in Philadelphia, PA and zip code 19121 in the Lower North Philadelphia neighborhood. This 1,809 square foot home, which was built in 1915, sits on a 0.03 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $550,000.

Philadelphia, PA housing market in December 2024 saw over 218 listings sold above listed price, more than 229 sold at listed price and over 580 sold below. The inventory of homes for sale in Philadelphia, PA between November and December 2024 decreased by 2.3%. Listings spent 49 days on the market in December 2024, and had a median list price of $267,873 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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