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Duplex with Private Roof Deck
For Sale
$399,900

1918 N GRATZ Street, Philadelphia, PA 19121

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property Size3,050 SF
Lot Size0.03 Acres
Price / SF$131.11
Days on Market58

Property Features for 1918 N GRATZ Street

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Basement
Parking features On Street
Subdivision TEMPLE UNIVERSITY
Elementary school district THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district THE SCHOOL DISTRICT OF PHILADELPHIA
High school district THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status Active
Size 3,050 SF
Lot size 0.03 Acres

Taxes and HOA fees

Tax Annual Amount 8729

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 2011
Number of units 2
Building materials Masonry
Architectural style Other
Listing Agency: Keller Williams Realty Devon-Wayne
Listed By: Michael Coleman
Added: Jun 17 Changed: Jun 27 Last Checked: Aug 13 at 7:06AM
MLS# PAPH2638432

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This for-sale duplex includes two separate student housing units with a total of nine bedrooms and five bathrooms. The property is fully occupied and fully leased through July 2027. Unit 1 is configured as a 4-bedroom, 2-bath layout and is currently rented at $1,500, with future rent of $1,600 beginning August 1. Unit 2 is a 5-bedroom, 3-bath layout and is currently rented at $1,900, with future rent of $2,000 beginning August 1. A notable feature is the private roof deck, which can be a strong amenity for tenant appeal.

The address is 1918 N Gratz Street, Philadelphia, PA 19121. Investor alert: 24-hour notice is required for all showings.

For buyers and investors seeking an income-producing duplex with established in-place leasing, this property offers defined unit mix and lease duration extending through July 2027. The documented rent schedule supports a transition in income beginning August 2026, with annual gross rental income stated at $40,800 currently and $44,200 beginning August 2026. The duplex configuration and roof deck amenity are practical considerations for operators focused on student housing. Total rent figures and unit details are provided based on current and future lease terms.

Key Highlights

  • Fully occupied duplex with leases in place through July 2027
  • Current annual gross rental income of $40,800; projected $44,200 beginning August 2026
  • 2 student housing units: 9 total bedrooms and 5 total bathrooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Accounting Firm Kitchen & Bath Showroom Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,097
Businesses Nearby

Demographics for 19121, PA

41,799
Population
19,673
Households
2.1
Avg Household Size
28
Median Age
25%
College-Educated
84%
High-School Grad
2.4 sq mi
ZIP Area
17,416
Density / Sq Mi
$36,208
Median Household Income
$29,915
Median Earnings
$1,082
Median Rent
$250,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two fully leased units with a private roof deck, offering 24-hour notice showings and student housing configuration.
Where is this duplex located?
The property is located at 1918 N GRATZ Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Fully occupied duplex with leases in place through July 2027; Current annual gross rental income of $40,800; projected $44,200 beginning August 2026; 2 student housing units: 9 total bedrooms and 5 total bathrooms
More about this property
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