1702 N GRATZ STREETPHILADELPHIA, PA 19121

Multi-Family · 4,844 Sq. ft. | 0.03 Acres
$965,000 ACTIVE

1702 N GRATZ STREET Overview

Time on Site:
26 days
Visits:
0

Turnkey investment opportunity just blocks from Temple University. Built in 2020, this newer construction duplex features two large student rental units: a 5-bedroom, 4-bath lower unit and a 6-bedroom, 4.5-bath upper unit. Both units offer spacious bedrooms, beautifully finished bathrooms with custom tile work, in-unit laundry, central air, security systems, and modern kitchens featuring quartz countertops, stainless steel appliances, custom backsplashes, and ample cabinet space. The lower unit includes access to a private fenced patio, while the upper unit boasts a large rooftop deck with impressive city views. Conveniently located near Temple University and public transportation, with easy access to Center City, Fairmount, and Northern Liberties, this property is ideally positioned to attract strong rental demand year after year. The property has enjoyed 100% occupancy with no vacancy during the current owner's ownership, demonstrating its consistent rental performance and desirability among tenants. Approximately 4 years remain on the full 10-year tax abatement, providing substantial tax savings for the next owner. A rare opportunity to acquire a modern, low-maintenance multifamily asset in one of Philadelphia's most active rental markets. Schedule your showing today.

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1702 N GRATZ STREET Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,844
  • Price/Sq.ft. $199
  • Lot 0.03 Acres

Details

General

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: Yes
  • Pool: No Pool
  • Total SQFT: 4844
  • Year Built: 2020

Location/Region

  • Country: US
  • County: PHILADELPHIA
  • County Or Parish: PHILADELPHIA
  • MLS Area Major: 19121 (19121)

Parking Information

  • Type of Parking: On Street

Tax Information

  • City/Town Tax: 1179.00
  • City/Town Tax Payment Frequency: Annually
  • County Tax Payment Frequency: Annually
  • School Tax: 1500.00
  • Tax Annual Amount: $2,680.00
  • Tax Assessed Value: 191460.00
  • Tax Year: 2024

General Information

  • Exclusions: Tenant's Possessions
  • Property Condition: Excellent
  • Property Sub Type: Duplex
  • Property Type: Multi-Family
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2025
  • Zoning: RM1

Unit Information

  • Other Units: Unit 1,Unit 2

Interior

Building Information

  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas

Parking Information

  • Garage: No

Building Exterior/Construction

  • Structure Type: End of Row/Townhouse
  • Wall & Ceiling Types: Dry Wall,High

Building Interior

  • Above Grade Finished Area: 4844
  • Above Grade Finished Area Source: Estimated
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area: 0
  • Below Grade Finished Area Source: Estimated
  • Below Grade Finished Area Units: Square Feet
  • Central Air: Yes
  • Hot Water: Natural Gas

General Information

  • Accessibility Features: None
  • Appliances: Washer, Dryer, Refrigerator, Built-In Range, Built-In Microwave
  • Cooling: Central A/C
  • Electric: 200+ Amp Service
  • Fireplace: No
  • Foundation Details: Permanent
  • Interior Features: 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
  • Living Area: 4844
  • Living Area Source: Estimated
  • Stories Total: 4

Unit Information

  • One Bedroom Units Count: 0
  • Single Room Units Count: 0
  • Three Bedroom Units Count: 0
  • Two Bedroom Units Count: 0

Exterior

Lot Information

  • Lot Dimensions Source: Estimated
  • Lot Size Dimensions: 16.00 x 74.00
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 1256.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • View: City
  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Contemporary
  • Construction Materials: Other
  • Patio And Porch Features: Patio(s), Roof, Deck(s)
  • Roof: Fiberglass, Flat

General Information

  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Other Structures: Above Grade,Below Grade
  • Sewer: Public Sewer
  • Water Access: No

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 5

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 6

1702 N GRATZ STREET Neighborhood

Community

19121 (PHILADELPHIA) Demographics

27
Median Age
13,508
Population Density (per sq. mile)
22%
College Educated
$25,162
Estimated Median Income
4,095
Estimated Total Home Owners
8,067
Estimated Total Renters
34% / 66%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1702 N GRATZ STREET Market Data

Based on the last 30 days in this zip code

$278,030
Average List Price
$182
Average Price per Square Foot
19
Properties Sold
92
Average Days on Market
294
Properties for Sale
Calculations provided by Reliance Network

1702 N GRATZ STREET History

Date Event Value Agent
6/4/2026Source: BRIGHT MLS Added to Database
June 04, 2026
12/3/2024Source: BRIGHT MLS Added to Database
August 10, 2021
12/3/2024Source: BRIGHT MLS Added to Database
August 09, 2022
Listing provided courtesy of KW Empower- MLS# PAPH2630330MLS ProviderContact Information: [email protected] - 2156273500