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.
For sale
Price cut: $5K (7/24)
$90,000
748 E Gray St, Philadelphia, PA 19144
3beds
1,164sqft
Townhouse
Built in 1925
1,508 Square Feet Lot
$-- Zestimate®
$77/sqft
$-- HOA
What's special
Full basementWell-sized living spacesFunctional layoutRear outdoor space
- 50 days |
- 178 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
ERIC Dvotsky 267-243-4652,
BHHS Fox & Roach-Center City Walnut (215) 627-6005,
Co-Listing Agent: Jason L Rabinovich 267-326-1272,
BHHS Fox & Roach-Center City Walnut
Source: Bright MLS,MLS#: PAPH2622178
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
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: $77/sqft
- Tax assessed value: $149,600
- Annual tax amount: $2,094
- Date on market: 7/6/2026
- Listing agreement: Exclusive Agency
- Ownership: Fee Simple
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,645/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2026 | Price change | $90,000-5.3%$77/sqft |
Source: | ||
| 7/6/2026 | Listed for sale | $95,000+154%$82/sqft |
Source: | ||
| 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 |
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.Climate risks
Neighborhood: Germantown East
Nearby schools
GreatSchools rating
- 4/10Pennell Joseph SchoolGrades: PK-5Distance: 0.7 mi
- 4/10Roosevelt Theodore Middle SchoolGrades: K-8Distance: 0.7 mi
- 1/10King Martin Luther High SchoolGrades: 9-12Distance: 0.8 mi
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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