10% Cap Rate near Temple University! Gross monthly income $4,000. Tenants pay on time every month. The duplex was built in 2010 with some new appliances and a maintained roof and HVAC. Unit A: 4 bed 2 full baths + backyard + finished basement - leased until July 2024. Unit B: 3 bed 1.5 baths - leased until July 2025. The property is well maintained and ready to cash flow. The property is self-managed by the owner. Landlords are retiring. This property is a perfect investment, and also great for househacking, Unit A can be available to live in by July 2025. Security cameras by Vector Security are installed and the property is fully equipped and ready to go.
Sold for $465,000
$465,000
1938 N Gratz St, Philadelphia, PA 19121
7beds
4baths
2,673sqft
Townhouse
Built in 2010
-- sqft lot
$-- Zestimate®
$174/sqft
$1,674 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,674/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Amy Chen 347-221-5875,
Tesla Realty Group, LLC
Bought with:
Trey Farmer, RS331810
Diversified Realty Solutions
Source: Bright MLS,MLS#: PAPH2368676
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Basement
- Area: 0
Heating
- Central, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Water Heater
Features
- Basement: Partial,Connecting Stairway,Finished,Interior Entry
- Has fireplace: No
Interior area
- Total structure area: 2,673
- Total interior livable area: 2,673 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: 2+ Access Exits
Features
- Pool features: None
Lot
- Size: 1,301 sqft
- Dimensions: 16.00 x 81.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 321248300
- Zoning: RM1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Masonry
- Foundation: Concrete Perimeter
Condition
- Excellent
- New construction: Yes
- Year built: 2010
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
HOA & financial
Other financial information
- Total actual rent: 4000
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Income includes: Apartment Rentals
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 3/27/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 12/27/2025 | Listed for sale | $565,000+21.5%$211/sqft |
Source: Owner Report a problem | ||
| 7/31/2024 | Sold | $465,000+3.3%$174/sqft |
Source:  Bright MLS #PAPH2368676 Report a problem | ||
| 7/22/2024 | Pending sale | $450,000$168/sqft |
Source: Bright MLS #PAPH2368676 Report a problem | ||
| 6/21/2024 | Listed for sale | $450,000+2.3%$168/sqft |
Source: Bright MLS #PAPH2368676 Report a problem | ||
| 10/8/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 9/3/2021 | Sold | $440,000$165/sqft |
Source: Public Record Report a problem | ||
| 8/14/2021 | Price change | $1,600-8.6%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 8/10/2021 | Price change | $1,750+6.1%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 6/29/2021 | Price change | $1,650-5.7%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 6/26/2021 | Price change | $1,750-2.5%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 6/24/2021 | Listed for rent | $1,795-18.4%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 6/21/2021 | Sold | $440,000-3.9%$165/sqft |
Source: Agent Provided Report a problem | ||
| 6/11/2021 | Pending sale | $458,000$171/sqft |
Source:  RE/MAX International #PAPH1006918 Report a problem | ||
| 5/28/2021 | Listed for sale | $458,000$171/sqft |
Source: RE/MAX International #PAPH1006918 Report a problem | ||
| 5/10/2021 | Pending sale | $458,000$171/sqft |
Source: RE/MAX International #PAPH1006918 Report a problem | ||
| 4/14/2021 | Price change | $458,000-0.4%$171/sqft |
Source: RE/MAX International #PAPH1006918 Report a problem | ||
| 3/31/2021 | Price change | $459,900-0.7%$172/sqft |
Source: RE/MAX International #PAPH947378 Report a problem | ||
| 3/3/2021 | Price change | $463,000-0.4%$173/sqft |
Source: RE/MAX Centre Realtors #PAPH947378 Report a problem | ||
| 1/6/2021 | Price change | $465,000-2.1%$174/sqft |
Source: RE/MAX Centre Realtors #PAPH947378 Report a problem | ||
| 10/30/2020 | Listed for sale | $475,000+4.4%$178/sqft |
Source: RE/MAX Centre Realtors #PAPH947378 Report a problem | ||
| 11/20/2019 | Sold | $455,000$170/sqft |
Source: Public Record Report a problem | ||
| 10/4/2019 | Pending sale | $455,000$170/sqft |
Source: Coldwell Banker Preferred - Old City Office #PAPH830296 Report a problem | ||
| 9/4/2019 | Listed for sale | $455,000+26.4%$170/sqft |
Source: Coldwell Banker Preferred-OCt #PAPH830296 Report a problem | ||
| 1/16/2018 | Listing removed | $2,200$1/sqft |
Source: MK Management Group Report a problem | ||
| 1/12/2018 | Listed for rent | $2,200+27.5%$1/sqft |
Source: MK Management Group Report a problem | ||
| 8/8/2014 | Sold | $360,000+1209.1%$135/sqft |
Source: Public Record Report a problem | ||
| 3/5/2012 | Listing removed | $1,725$1/sqft |
Source: Building Assets Inc Report a problem | ||
| 2/14/2008 | Sold | $27,500$10/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,865 | $561,900 |
| 2024 | $7,865 | $561,900 |
| 2023 | $7,865 +8.9% | $561,900 |
| 2022 | $7,220 | -- |
| 2021 | $7,220 +3.4% | -- |
| 2018 | $6,979 | -- |
| 2017 | $6,979 +43.4% | -- |
| 2016 | $4,868 +439.3% | -- |
| 2015 | $903 | -- |
| 2014 | $903 +340.7% | $362,500 +799.1% |
| 2012 | $205 | $40,320 |
| 2011 | -- | $40,320 |
| 2010 | -- | $40,320 +3718.2% |
| 2009 | -- | $1,056 |
| 2008 | -- | $1,056 |
| 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
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: 1.1 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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