1702 N Gratz St, Philadelphia, PA 19121
Local realty services provided by:Better Homes and Gardens Real Estate Murphy & Co.
1702 N Gratz St,Philadelphia, PA 19121
$929,000
- - Beds
- - Baths
- 4,844 sq. ft.
- Multi-family
- Active
Listed by: andre quain
Office: kw empower
MLS#:PAPH2630330
Source:BRIGHTMLS
Price summary
- Price:$929,000
- Price per sq. ft.:$191.78
About this home
Turnkey investment opportunity just blocks from Temple University. Built in 2020, this newer construction duplex features two large student rental units: a 5-bedroom, 4-bath lower unit and a 6-bedroom, 4.5-bath upper unit.
Both units offer spacious bedrooms, beautifully finished bathrooms with custom tile work, in-unit laundry, central air, security systems, and modern kitchens featuring quartz countertops, stainless steel appliances, custom backsplashes, and ample cabinet space. The lower unit includes access to a private fenced patio, while the upper unit boasts a large rooftop deck with impressive city views.
Conveniently located near Temple University and public transportation, with easy access to Center City, Fairmount, and Northern Liberties, this property is ideally positioned to attract strong rental demand year after year. The property has enjoyed 100% occupancy with no vacancy during the current owner’s ownership, demonstrating its consistent rental performance and desirability among tenants.
Approximately 4 years remain on the full 10-year tax abatement, providing substantial tax savings for the next owner. A rare opportunity to acquire a modern, low-maintenance multifamily asset in one of Philadelphia’s most active rental markets. Schedule your showing today....
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Home facts
- Year built:2020
- Listing ID #:PAPH2630330
- Added:58 day(s) ago
- Updated:August 02, 2026 at 05:40 AM
Rooms and interior
- Kitchen Description:Built-In Microwave, Built-In Range, Built-Ins, Crown Moldings, Kitchen - Eat-In, Recessed Lighting, Refrigerator, Upgraded Countertops
- Basement:Yes
- Basement Description:Fully Finished
- Living area:4,844 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Fiberglass, Flat
- Year built:2020
- Building area:4,844 sq. ft.
- Lot area:0.03 Acres
- Architectural Style:Contemporary
- Exterior Features:Deck(s), Patio(s), Roof
- Foundation Description:Permanent
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$929,000
- Price per sq. ft.:$191.78
- Tax amount:$2,680 (2024)
Features and amenities
- Amenities:200+ Amp Service, Built-Ins, Crown Moldings, Recessed Lighting
Parking
- Parking description:On Street
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