1940 N Gratz St, Philadelphia, PA 19121

Philadelphia
Local realty services provided by:ERA Central Realty Group
1940 N Gratz St,Philadelphia, PA 19121
$425,000
  • 3 Beds
  • - Baths
  • 2,253 sq. ft.
  • Multi-family
  • Active
Listed by: amy chen
Office: tesla realty group, llc.
MLS#:PAPH2567948
Source:BRIGHTMLS

Price summary

  • Price:$425,000
  • Price per sq. ft.:$188.64

About this home

10% Cap Rate near Temple University! Gross projected monthly income $4,000. Great, responsible tenants who have been there for years. 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 - vacant since July 2025, perfect for owner occupied buyers. Unit B: 3 bed 1.5 baths - leased until July 2026. 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 immediately at settlement. Unit A is vacant and can be shown anytime. Unit B needs 24 hour advanced notice. Please show Unit A first; if interested, can schedule another appointment to see the occupied unit if it's not available the same day your client is available.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:2010
  • Listing ID #:PAPH2567948
  • Added:149 day(s) ago
  • Updated:May 16, 2026 at 01:36 PM

Rooms and interior

  • Bedrooms:3
  • Basement:Yes
  • Basement Description:Daylight, Full, Fully Finished, Interior Access, Partial, Poured Concrete, Sump Pump, Windows
  • Living area:2,253 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Central, Electric

Structure and exterior

  • Year built:2010
  • Building area:2,253 sq. ft.
  • Lot area:0.03 Acres
  • Architectural Style:Straight Thru
  • Construction Materials:Masonry
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$425,000
  • Price per sq. ft.:$188.64
  • Tax amount:$7,386 (2025)

Parking

  • Parking description:On Street

New listings near 1940 N Gratz St