Investor Alert! 24-hour notice required for all showings. Currently operating as a 5-bedroom, 2 bath rental, the property generates $22,800 Gross annual rent starting August 2026 and is fully leased through July 2027, providing investors with stable, predictable returns from day one. Offering a nearly 9% cap rate. The property sits in the heart of Temple University's off-campus student housing district and has long been a favorite among student renters. Featuring a private roof deck, expansive private patio, and full basement, it offers the outdoor space and amenities that consistently drive demand in the area. Its prime location and unique features make it a perennial standout for off-campus housing seekers. Offering an 8.5%+ cap rate, this is the type of opportunity savvy investors search for but rarely find. With stable income already in place, strong rental demand, and attractive returns from day one, this property delivers the combination of cash flow and value that is becoming increasingly difficult to find in today's market. This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2631578, PAPH2631596, PAPH2632718, PAPH2632744, PAPH2635058, PAPH2635078, PAPH2637494, PAPH2637506, PAPH2637526, PAPH2637534 PAPH2638432, PAPH2638436, PAPH2639290 PAPH2639294, PAPH2639300 and PAPH2639390
For sale
$199,999
1916 N Gratz St, Philadelphia, PA 19121
5beds
1,704sqft
Townhouse
Built in 1915
1,307 Square Feet Lot
$-- Zestimate®
$117/sqft
$-- HOA
What's special
Expansive private patioFull basementPrivate roof deckOutdoor space and amenities
- 18 days |
- 193 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
Mike Coleman 484-942-6266,
Keller Williams Realty Devon-Wayne 6106478300,
Co-Listing Agent: Danielle Redenbaugh 267-614-3971,
Keller Williams Realty Devon-Wayne
Source: Bright MLS,MLS#: PAPH2639300
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Water Heater
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,704
- Total interior livable area: 1,704 sqft
- Finished area above ground: 1,704
- Finished area below ground: 0
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Three
- Stories: 3
- Pool features: None
Lot
- Size: 1,307 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 321247200
- Zoning: RM1
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Masonry
- Foundation: Brick/Mortar
Condition
- New construction: No
- Year built: 1915
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Temple University
HOA
- Has HOA: No
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $117/sqft
- Tax assessed value: $382,300
- Annual tax amount: $5,351
- Date on market: 6/20/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
- Total actual rent: 22800
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/20/2026 | Listed for sale | $199,999+150%$117/sqft |
Source: | ||
| 5/25/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/30/2023 | Price change | $1,800-8.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/11/2023 | Listed for rent | $1,975-31.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/14/2018 | Listing removed | $2,875$2/sqft |
Source: Zillow Rental Network Report a problem | ||
| 2/14/2018 | Listed for rent | $2,875-4.2%$2/sqft |
Source: Zillow Rental Network Report a problem | ||
| 6/21/2013 | Listing removed | $3,000$2/sqft |
Source: MVP Rentals Group Report a problem | ||
| 3/4/2013 | Listed for rent | $3,000+5.3%$2/sqft |
Source: MVP Rentals Group Report a problem | ||
| 8/1/2012 | Listing removed | $2,850$2/sqft |
Source: MVP Rentals Report a problem | ||
| 4/24/2012 | Listed for rent | $2,850$2/sqft |
Source: MVP Rentals Report a problem | ||
| 6/28/2007 | Sold | $80,000$47/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,351 -9.9% | $382,300 -9.9% |
| 2024 | $5,939 | $424,300 |
| 2023 | $5,939 +73.3% | $424,300 |
| 2022 | $3,428 | -- |
| 2021 | $3,428 +3.4% | -- |
| 2018 | $3,315 | -- |
| 2017 | $3,315 +475.5% | -- |
| 2016 | $576 | -- |
| 2015 | $576 | -- |
| 2014 | $576 +201.6% | $172,000 +616.7% |
| 2012 | $191 | $24,000 |
| 2011 | -- | $24,000 |
| 2010 | -- | $24,000 |
| 2009 | -- | $24,000 |
| 2008 | -- | $24,000 +2172.7% |
| 2007 | -- | $1,056 +6.5% |
| 2006 | -- | $992 |
| 2005 | -- | $992 |
| 2004 | -- | $992 |
| 2003 | -- | $992 +24% |
| 2002 | -- | $800 |
| 2000 | -- | $800 |
| 1999 | -- | $800 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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.
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Climate risks
Neighborhood: North Central
Nearby schools
GreatSchools rating
- 4/10Meade Gen George C SchoolGrades: PK-8Distance: 0.3 mi
- 9/10High School of Engineering & ScienceGrades: 7-12Distance: 0.2 mi
- 2/10Strawberry Mansion High SchoolGrades: 9-12Distance: 1.1 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.
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