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Triplex with Ensuite Bathrooms
For Sale
$499,900

1915 N GRATZ STREET, Philadelphia, PA 19121

Purpose-built construction pairs every bedroom with a private bathroom.

Property Size3,592 SF
Price / SF$139.17
Days on Market8

Property Features for 1915 N GRATZ STREET

General Information

Standard status Active
Size 3,592 SF
Property subtype Triplex

Financials

Gross Income $55,800
Average Monthly Rent $1,550

Units

Unit Mix 2 x 4 bed / 4 bath, 1 x 2 bed / 2 bath
Multifamily Units 3

Building Details

Year Built 2015
Buildings 1
Listing Agency: BHHS Fox & Roach-Center City Walnut
Listed By: Danielle Redenbaugh · License #RS371661
Source: Cummingsrealtors
Added: Sep 20 Changed: Sep 26 Last Checked: Sep 26 at 9:44AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHHS Fox & Roach-Center City Walnut

Investment Insights

Based on property information with market context.

This three-unit multifamily property contains 3,592 square feet and was completed in 2015 as ground-up construction rather than a conversion. The building provides 10 bedrooms and 10 bathrooms, maintaining a private bathroom for each bedroom. Unit layouts include two four-bedroom, four-bath residences and one two-bedroom, two-bath residence.

The property is a short walk from Temple University's Main Campus in Philadelphia. Showings require 24 hours' notice. The ten-year tax abatement ended after 2025, with the 2026 tax bill carried in full. Water costs are recovered from occupants, and operating expenses represent 26.1% of effective gross income. An operating statement is available to qualified buyers.

Key Highlights

  • 3,592‑square‑foot triplex completed in 2015
  • 10 bedrooms and 10 bathrooms with one private bathroom per bedroom
  • Unit mix includes two 4‑bedroom/4‑bath units and one 2‑bedroom/2‑bath unit

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency 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

3
Residential units

Location Intelligence

Trade Area within ½ mile

2,065
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Triplex - Purpose-built construction pairs every bedroom with a private bathroom.
Where is this triplex located?
The property is located at 1915 N GRATZ STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 3,592‑square‑foot triplex completed in 2015; 10 bedrooms and 10 bathrooms with one private bathroom per bedroom; Unit mix includes two 4‑bedroom/4‑bath units and one 2‑bedroom/2‑bath unit
More about this property
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