Occupied Duplex with Student
For Sale
$235,725
1931 N GRATZ Street, Philadelphia, PA 19121
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size1,699 SF
Lot Size0.03 Acres
Price / SF$138.74
Days on Market41
Property Features for 1931 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
1,699 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
4900
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1915
Number of units
2
Building materials
Brick
Architectural style
Other
Listing Agency:
Keller Williams Realty Devon-Wayne
(610) 647-8300
Listed By:
Michael Coleman
(484) 942-6266
Added: Jun 21
Last Checked: Jul 31 at 8:06PM
MLS# PAPH2639290
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 occupied duplex provides two leased student housing units with a total of five bedrooms and three bathrooms. Unit 1 is a two-bedroom, one-bath layout currently renting at $950, with rent scheduled to increase to $1,000 beginning August 1. Unit 2 is a five-bedroom, three-bath layout currently renting at $1,050, with rent scheduled to increase to $1,245 beginning August 1.
The property is located at 1931 N Gratz Street in Philadelphia, PA 19121 and is fully occupied and fully leased through July 2027. The listing notes that 24-hour notice is required for all showings.
For buyers seeking a turn-key, income-producing residential income property, this duplex is positioned as immediate cash flow with existing in-place leases. Based on the reported current rents and the scheduled increases beginning August 1, the property’s annual gross rental income is listed as $26,940. The offering is also described as available both individually and as part of a package that includes additional properties referenced by MLS numbers PAPH2631578, PAPH2631596, PAPH2632718, PAPH2632744, PAPH2635058, PAPH2635078, PAPH2637494, PAPH2637506, PAPH2637526, PAPH2637534, PAPH2638432, PAPH2638436, PAPH2639300, and PAPH2639390.
The property is located at 1931 N Gratz Street in Philadelphia, PA 19121 and is fully occupied and fully leased through July 2027. The listing notes that 24-hour notice is required for all showings.
For buyers seeking a turn-key, income-producing residential income property, this duplex is positioned as immediate cash flow with existing in-place leases. Based on the reported current rents and the scheduled increases beginning August 1, the property’s annual gross rental income is listed as $26,940. The offering is also described as available both individually and as part of a package that includes additional properties referenced by MLS numbers PAPH2631578, PAPH2631596, PAPH2632718, PAPH2632744, PAPH2635058, PAPH2635078, PAPH2637494, PAPH2637506, PAPH2637526, PAPH2637534, PAPH2638432, PAPH2638436, PAPH2639300, and PAPH2639390.
Key Highlights
- Duplex built in 1915 with brick construction and student housing units
- Two units totaling 5 bedrooms and 3 bathrooms
- Currently generating $26,940 in annual gross rental income and is fully occupied
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
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
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Fully leased duplex with two student housing units and near-term lease certainty through July 2027.
Where is this duplex located?
The property is located at 1931 N GRATZ Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $235,725.
What are key features of this property?
This property features: Duplex built in 1915 with brick construction and student housing units; Two units totaling 5 bedrooms and 3 bathrooms; Currently generating $26,940 in annual gross rental income and is fully occupied
