Investor Alert! 24-hour notice required for all showings. Fully occupied and fully leased through July 2027, this exceptional duplex offers immediate cash flow and strong long-term upside. Currently generating $26,940 in annual gross rental income. This income-producing asset is an outstanding opportunity for investors seeking stable returns and dependable cash flow. The property consists of two spacious student housing units totaling 5 bedrooms and 3 bathrooms: Unit 1: 2 bed / 1 bath Current Rent $950 Future Rent Starting August 1st $1000
Unit 2: 5 bed / 3 bath Current Rent $1050 Future Rent Starting August 1st $1245 The rent increase from $24,000 to $26940 per month represents a 12.25% increase in gross rental income starting August 2026. 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, PAPH2639300 and PAPH2639390
For sale
$235,725
1931 N Gratz St, Philadelphia, PA 19121
5beds
3baths
1,699sqft
Townhouse
Built in 1915
-- sqft lot
$-- Zestimate®
$139/sqft
$-- HOA
What's special
Spacious student housing units
- 19 days |
- 364 |
- 47 |
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#: PAPH2639290
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Basement
- Area: 0
Heating
- Forced Air, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Water Heater
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,699
- Total interior livable area: 1,699 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,307 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 321239800
- Zoning: RM1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Brick/Mortar
Condition
- New construction: No
- Year built: 1915
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Temple University
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $139/sqft
- Tax assessed value: $350,100
- Annual tax amount: $4,900
- Date on market: 6/21/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
- Total actual rent: 26940
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/21/2026 | Listed for sale | $235,725+57.1%$139/sqft |
Source: | ||
| 11/13/2015 | Listing removed | $1,500$1/sqft |
Source: Settle Down Philadelphia Report a problem | ||
| 11/7/2015 | Listed for rent | $1,500-47.4%$1/sqft |
Source: Settle Down Philadelphia 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 | ||
| 7/1/2008 | Sold | $150,000$88/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,901 +33.6% | $350,100 +33.6% |
| 2024 | $3,667 -37.6% | $262,000 -37.6% |
| 2023 | $5,882 +60.4% | $420,200 |
| 2022 | $3,667 | -- |
| 2021 | $3,667 -25.2% | -- |
| 2018 | $4,901 | -- |
| 2017 | $4,901 +578.6% | -- |
| 2016 | $722 | -- |
| 2015 | $722 | -- |
| 2014 | $722 +227.3% | $250,000 +941.7% |
| 2012 | $221 | $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.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll 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
- 4/10Duckrey Tanner SchoolGrades: K-8Distance: 0.3 mi
- 9/10High School of Engineering & ScienceGrades: 7-12Distance: 0.2 mi
- 2/10Strawberry Mansion High SchoolGrades: 9-12Distance: 1.2 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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