Four-Bedroom
For Sale
$879,000
1927 N GRATZ STREET, Philadelphia, PA 19121
Two residential units offer spacious layouts with central air conditioning and forced-air heating.
Property Size2,601 SF
Price / SF$337.95
Days on Market464
Property Features for 1927 N GRATZ STREET
General Information
Standard status
Active
Size
2,601 SF
Property subtype
Duplex
Units
Unit Mix
2 x 4BR/2BA
Multifamily Units
2
Amenities
Central A/C
Forced Air
Building Details
Year Built
2012
Listing Agency:
KW Empower
Listed By:
Ben Hooson-Jones · License #RS341131
(610) 368-9041
Source:
Kw
Added: Jun 30, 2025
Changed: Oct 6
Last Checked: Oct 5 at 4:56PM
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 KW Empower
Investment Insights
Based on property information with market context.
Built in 2012, this 2,601-square-foot duplex at 1927 N Gratz Street includes two residential units. Each unit has four bedrooms and two full bathrooms, providing a consistent eight-bedroom, four-bathroom configuration across the property. Interior systems include central A/C and forced air.
The property is located in Philadelphia, PA 19121, just blocks from Temple University. Unit 1 features four bedrooms, two bathrooms, and a functional interior layout. Unit 2 also includes four bedrooms and two full bathrooms, with oversized bedrooms and a similarly spacious arrangement.
The property is located in Philadelphia, PA 19121, just blocks from Temple University. Unit 1 features four bedrooms, two bathrooms, and a functional interior layout. Unit 2 also includes four bedrooms and two full bathrooms, with oversized bedrooms and a similarly spacious arrangement.
Key Highlights
- 2,601‑square‑foot duplex built in 2012
- Two residential units, each with 4 bedrooms and 2 full bathrooms
- Eight bedrooms and four full bathrooms across the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,386
Cap Rate
5.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$887,720
$887.7K
Cap Rate 7%
$634,086
$634.1K
Cap Rate 9%
$493,178
$493.2K
Market Conditions
NOI Build-Up for 2,601 SF
Gross rent
$67.1K $25.80/SF
− Vacancy
−$3.7K −$1.42/SF
EGI
$63.4K $24.38/SF
− OpEx
−$19.0K −$7.31/SF
NOI
$44.4K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$887,720
Cap Rate 7%
$634,086
Cap Rate 9%
$493,178
Alternative Uses
Best Use
Multifamily LT 5
$634.1K
$554.8K – $739.8K
NOI $44,386 @ 7.0% cap · market cap 5.05%
Second Best
Apartment 5plus
$584.5K
$511.4K – $681.9K
NOI $40,912 @ 7.0% cap · market cap 4.65%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,097
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer spacious layouts with central air conditioning and forced-air heating.
Where is this duplex located?
The property is located at 1927 N GRATZ STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $879,000.
What are key features of this property?
This property features: 2,601‑square‑foot duplex built in 2012; Two residential units, each with 4 bedrooms and 2 full bathrooms; Eight bedrooms and four full bathrooms across the property
