1915 N Gratz St, Philadelphia, PA 19121

Local realty services provided by:Better Homes and Gardens Real Estate Cassidon Realty
1915 N Gratz St,Philadelphia, PA 19121
$499,900
  • 2 Beds
  • - Baths
  • 3,592 sq. ft.
  • Multi-family
  • Active
Listed by: danielle redenbaugh
Office: bhhs fox & roach-center city walnut
MLS#:PAPH2672658
Source:BRIGHTMLS

Price summary

  • Price:$499,900
  • Price per sq. ft.:$139.17

About this home

INVESTOR ALERT — 24 HOURS NOTICE REQUIRED FOR ALL SHOWINGS. Ground-up new construction triplex completed in 2015, a short walk from Temple University's Main Campus. Ten bedrooms and ten bathrooms — true one-to-one parity, so every bedroom in the building has its own bathroom, which almost no competing stock in this submarket delivers. Unit 1 — 4 bed / 4 bath — $1,700/mo. Unit 2 — 2 bed / 2 bath — $1,250/mo. Unit 3 — 4 bed / 4 bath — $1,700/mo. Total $4,650/mo, or $55,800 annually on the 26/27 contract, and rent collected in the trailing year came in ahead of contract. Not a conversion: built new in 2015, with the major systems still young. Water is more than fully recovered from tenants, so the utility line runs negative for the year, and operating expenses run 26.1% of effective gross income — the tightest in this portfolio. The ten-year tax abatement expired after 2025 and the 2026 bill is carried in full, so an incoming owner inherits the tax line as shown. Owner's...

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Home facts

  • Year built:2015
  • Listing ID #:PAPH2672658
  • Added:2 day(s) ago
  • Updated:September 23, 2026 at 01:39 PM

Rooms and interior

  • Bedrooms:2
  • Living area:3,592 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:2015
  • Building area:3,592 sq. ft.
  • Lot area:0.03 Acres
  • Architectural Style:Traditional
  • Construction Materials:Masonry
  • Foundation Description:Brick/Mortar

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$499,900
  • Price per sq. ft.:$139.17
  • Tax amount:$7,473 (2026)

Parking

  • Parking description:Off Street, On Street