For sale

Price cut: $5K (10/5)

$75,000

748 E Gray St, Philadelphia, PA 19144

3beds

1,164sqft

$530/mo

Get pre-qualified

Townhouse

Built in 1925

1,508 Square Feet Lot

$-- Zestimate^®

$64/sqft

$-- HOA

What's special

Full basementRear outdoor space

748 E Gray St is a Philadelphia townhouse presenting a strong value-add opportunity for investors or savvy end users seeking a renovation project with long-term upside potential. This rehab-ready property offers a functional layout with well-sized living spaces, providing an excellent foundation to enhance rental income, resale value, or overall equity through improvements. The home also includes a full basement and rear outdoor space, offering additional flexibility for storage, future upgrades, or outdoor use. Conveniently located near public transportation, shopping, schools, and neighborhood amenities, the property benefits from strong accessibility and continued investment throughout the surrounding area. Ideal for investors seeking a straightforward value-add opportunity, the property is being sold in as-is condition, and the buyer will be responsible for obtaining the L&I certification and any required Certificate of Occupancy.

30 days
419
27

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 3

Basement

Area: 0

Heating

Forced Air, Natural Gas

Cooling

Central Air, Electric

Appliances

Included: Gas Water Heater

Features

Has basement: No
Has fireplace: No

Interior area

Total structure area: 1,164
Total interior livable area: 1,164 sqft
Finished area above ground: 1,164
Finished area below ground: 0

Property

Parking

Parking features: On Street
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Levels: Two
Stories: 2
Pool features: None

Lot

Size: 1,508 Square Feet
Dimensions: 19.00 x 78.00

Details

Additional structures: Above Grade, Below Grade
Parcel number: 122079700
Zoning: RSA5
Special conditions: Standard

Construction

Type & style

Home type: Townhouse
Architectural style: Traditional
Property subtype: Townhouse

Materials

Masonry
Foundation: Stone

Condition

New construction: No
Year built: 1925

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Germantown (east)

HOA

Has HOA: No

Location

Region: Philadelphia
Municipality: PHILADELPHIA

Financial & listing details

Price per square foot: $64/sqft
Tax assessed value: $149,600
Annual tax amount: $2,094
Date on market: 9/10/2026
Listing agreement: Exclusive Agency
Ownership: Fee Simple

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
10/5/2026	Price change	$75,000-6.3%$64/sqft
Source: Bright MLS #PAPH2669210 Report a problem
9/10/2026	Listed for sale	$80,000-11.1%$69/sqft
Source: Bright MLS #PAPH2669210 Report a problem
8/28/2026	Listing removed	$90,000$77/sqft
Source: Bright MLS #PAPH2622178 Report a problem
7/24/2026	Price change	$90,000-5.3%$77/sqft
Source: Bright MLS #PAPH2622178 Report a problem
7/6/2026	Listed for sale	$95,000+154%$82/sqft
Source: Bright MLS #PAPH2622178 Report a problem
6/24/2025	Sold	$37,400$32/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,094 +39.8%	$149,600 +39.8%
2024	$1,498	$107,000
2023	$1,498 +62.1%	$107,000
2022	$924	--
2021	$924 -4.2%	--
2018	$964 +138.4%	--
2017	$405 -38.5%	--
2016	$658 -39%	--
2015	$1,078	--
2014	$1,078	$77,000 +2306.3%
2012	--	$3,200
2011	--	$3,200
2010	--	$3,200
2009	--	$3,200
2008	--	$3,200
2007	--	$3,200
2006	--	$3,200
2005	--	$3,200
2004	--	$3,200
2003	--	$3,200
2002	--	$3,200
2000	--	$3,200
1999	--	$3,200