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For sale
    • Price cut: $30K (6/18)
    $199,000

    2338 N Gratz St, Philadelphia, PA 19132

    4beds
    1,134sqft
    : 
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    Townhouse
    Built in 1967
    666 Square Feet Lot
    $192,500 Zestimate®
    $175/sqft
    $-- HOA

    What's special

    WELCOME TO THIS FULLY OCCUPIED, STABILIZED INVESTMENT PROPERTY AT 2338 N GRATZ ST! THIS TURNKEY INVESTMENT PROPERTY WAS FULLY RENOVATED IN 2023 AND IS CURRENTLY GENERATING $2,200 PER MONTH IN RENTAL INCOME. THE TENANT IS IN PLACE WITH A LEASE EXTENDING THROUGH 2028, PROVIDING IMMEDIATE CASH FLOW AND LONG-TERM STABILITY FOR INVESTORS. THE PROPERTY FEATURES 4 SPACIOUS BEDROOMS AND 1 FULL BATHROOM AND IS LOCATED IN AN UP-AND-COMING PHILADELPHIA NEIGHBORHOOD WITH STRONG RENTAL DEMAND AND FUTURE APPRECIATION POTENTIAL. WITH A PROJECTED 10% CAP RATE, THIS IS AN EXCELLENT OPPORTUNITY TO ADD A HIGH-PERFORMING ASSET TO YOUR INVESTMENT PORTFOLIO. WHETHER YOU ARE A SEASONED INVESTOR OR LOOKING TO EXPAND YOUR RENTAL HOLDINGS, THIS PROPERTY OFFERS STRONG CASH FLOW, LOW MAINTENANCE, AND ATTRACTIVE RETURNS. ADDITIONAL INVESTMENT INVENTORY IS AVAILABLE FOR A PORTFOLIO OR BUNDLE PURCHASE. FINANCIALS AND SUPPORTING DOCUMENTATION WILL BE PROVIDED TO QUALIFIED BUYERS UPON SERIOUS REQUEST. DON'T MISS THIS OPPORTUNITY TO OWN A FULLY STABILIZED, INCOME-PRODUCING PROPERTY IN A RAPIDLY GROWING AREA!
    38 days
    |
    31
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Gazi Ataseven 267-774-6886,

    HomeSmart Realty Advisors 2156041191

    Source: Bright MLS,MLS#: PAPH2628000MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 1
      • Full bathrooms: 1
      Basement
      • Area: 0
      Heating
      • Baseboard, Natural Gas
      Cooling
      • None, Electric
      Appliances
      • Included: Water Heater
      Features
      • Basement: Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 1,134
      • Total interior livable area: 1,134 sqft
      • Finished area above ground: 1,134
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: None
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Pool features: None
      Lot
      • Size: 666 Square Feet
      • Dimensions: 14.00 x 47.00
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 162061300
      • Zoning: RSA5
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Other
      • Property subtype: Townhouse
      Materials
      • Masonry, Brick
      • Foundation: Brick/Mortar
      Condition
      • New construction: No
      • Year built: 1967

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: None Available
      HOA
      • Has HOA: No
      Location
      • Region: Philadelphia
      • Municipality: PHILADELPHIA

      Financial & listing details

      • Price per square foot: $175/sqft
      • Tax assessed value: $81,000
      • Annual tax amount: $1,133
      • Date on market: 6/3/2026
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Fee Simple

        Estimated market value

        $192,500

        $183,000 - $202,000

        $1,659/mo

        Price history

        DateEventPrice
        6/18/2026Price change$199,000-13.1%$175/sqft
        Source: Bright MLS #PAPH2628000 Report a problem
        6/3/2026Listed for sale$229,000+324.1%$202/sqft
        Source: Bright MLS #PAPH2628000 Report a problem
        1/25/2022Sold$54,000+10.2%$48/sqft
        Source: Bright MLS #PAPH1015752 Report a problem
        12/22/2021Pending sale$49,000$43/sqft
        Source: Bright MLS #PAPH1015752 Report a problem
        10/11/2021Contingent$49,000$43/sqft
        Source: Bright MLS #PAPH1015752 Report a problem
        10/6/2021Listed for sale$49,000+25.6%$43/sqft
        Source: Bright MLS #PAPH1015752 Report a problem
        5/13/2021Listing removed$39,000$34/sqft
        Source: Bright MLS #PAPH1015752 Report a problem
        5/10/2021Listed for sale$39,000+9.2%$34/sqft
        Source: Bright MLS #PAPH1015752 Report a problem
        9/7/2005Sold$35,700$31/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,134 +48.1%$81,000 +48.1%
        2024$766 $54,700
        2023$766 +59.5%$54,700
        2022$480 --
        2021$480 +3.3%--
        2018$465 --
        2017$465 +40.1%--
        2016$332 --
        2015$332 --
        2014$332 -12.2%$28,200 +799.2%
        2012$378 $3,136
        2011-- $3,136
        2010-- $3,136
        2009-- $3,136
        2008-- $3,136
        2007-- $3,136 +7.7%
        2006-- $2,912
        2005-- $2,912
        2004-- $2,912
        2003-- $2,912
        2002-- $2,912 +9.6%
        2000-- $2,656 +118.4%
        1999-- $1,216
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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: Stanton

        Getting around

        57 / 100
        Somewhat Walkable
        75 / 100
        Excellent Transit
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Philadelphia City

        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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