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.
New construction
$965,000
1702 N Gratz St, Philadelphia, PA 19121
11beds
10baths
4,844sqft
Townhouse
Built in 2020
-- sqft lot
$-- Zestimate®
$199/sqft
$-- HOA
What's special
- 35 days |
- 101 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Andre Quain 215-500-9180,
KW Empower 215-627-3500
Source: Bright MLS,MLS#: PAPH2630330
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 10
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Washer, Dryer, Refrigerator, Built-In Range, Microwave, Gas Water Heater
Features
- Open Floorplan, Built-in Features, Crown Molding, Bathroom - Tub Shower, Bathroom - Stall Shower, Upgraded Countertops, Recessed Lighting, Combination Dining/Living, Dining Area, Eat-in Kitchen, Soaking Tub, Dry Wall, High Ceilings
- Flooring: Wood
- Basement: Finished
- Has fireplace: No
Interior area
- Total structure area: 4,844
- Total interior livable area: 4,844 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Patio & porch: Patio, Roof, Deck
- Pool features: None
- Has view: Yes
- View description: City
Lot
- Size: 1,256 Square Feet
- Dimensions: 16.00 x 74.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 471316910
- Zoning: RM1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Townhouse
Materials
- Other
- Foundation: Permanent
- Roof: Fiberglass,Flat
Condition
- Excellent
- New construction: Yes
- Year built: 2020
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $199/sqft
- Tax assessed value: $191,460
- Annual tax amount: $2,680
- Date on market: 6/4/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: FHA,Cash,Conventional,VA Loan
- Exclusions: Tenant's Possessions
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$1,521/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2026 | Listed for sale | $965,000-3%$199/sqft |
Source: | ||
| 10/1/2025 | Listing removed | $995,000$205/sqft |
Source: | ||
| 4/27/2025 | Listed for sale | $995,000-2.9%$205/sqft |
Source: | ||
| 5/29/2024 | Listing removed | -- |
Source: | ||
| 12/26/2023 | Listed for sale | $1,025,000+10.5%$212/sqft |
Source: | ||
| 3/17/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/24/2023 | Listed for rent | $745 |
Source: Zillow Rentals Report a problem | ||
| 7/29/2022 | Sold | $927,500-1.3%$191/sqft |
Source: | ||
| 7/14/2022 | Pending sale | $939,900$194/sqft |
Source: | ||
| 6/27/2022 | Contingent | $939,900$194/sqft |
Source: | ||
| 6/8/2022 | Listed for sale | $939,900+338.2%$194/sqft |
Source: | ||
| 3/18/2020 | Sold | $214,500-9.8%$44/sqft |
Source: Public Record Report a problem | ||
| 2/17/2020 | Listed for sale | $237,700+48.6%$49/sqft |
Source: Keller Williams Real Estate-Co #PAPH872542 Report a problem | ||
| 10/21/2019 | Sold | $160,000-3%$33/sqft |
Source: Public Record Report a problem | ||
| 1/25/2018 | Listing removed | $165,000$34/sqft |
Source: Marvin Capps Realty #1000300615 Report a problem | ||
| 8/24/2017 | Listed for sale | $165,000+18909.2%$34/sqft |
Source: Marvin Capps Realty, Inc #6963186 Report a problem | ||
| 10/5/2004 | Sold | $868 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,400 +493.1% | $957,300 +18.6% |
| 2024 | $2,259 | $807,200 |
| 2023 | $2,259 +235.6% | $807,200 |
| 2022 | $673 | -- |
| 2021 | $673 | -- |
| 2018 | $673 | -- |
| 2017 | $673 | -- |
| 2016 | $673 | -- |
| 2015 | $673 | -- |
| 2014 | $673 +505.4% | $8,300 +339.6% |
| 2012 | $111 | $1,888 |
| 2011 | -- | $1,888 |
| 2010 | -- | $1,888 |
| 2009 | -- | $1,888 |
| 2008 | -- | $1,888 +555.6% |
| 2007 | -- | $288 +12.5% |
| 2006 | -- | $256 |
| 2005 | -- | $256 |
| 2004 | -- | $256 |
| 2003 | -- | $256 |
| 2002 | -- | $256 |
| 2000 | -- | $256 |
| 1999 | -- | $256 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: North Central
Nearby schools
GreatSchools rating
- 4/10Meade Gen George C SchoolGrades: PK-8Distance: 0.1 mi
- 2/10Vaux HS: A Big Picture SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- District: The School District Of Philadelphia
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.





