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$425,000

  • For Sale
  • Active
  • Townhouse
  • 2,253 Sq. Ft.
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10% Cap Rate near Temple University! Gross projected monthly income $4,000. Great, responsible tenants who have been there for years. The duplex was built in 2010 with some new appliances and a maintained roof and HVAC. Unit A: 4 bed 2 full baths + backyard + finished basement - vacant since July 2025, perfect for owner occupied buyers. Unit B: 3 bed 1.5 baths - leased until July 2026. The property is well maintained and ready to cash flow. The property is self-managed by the owner. Landlords are retiring. This property is a perfect investment, and also great for househacking, Unit A can be available to live in immediately at settlement. Unit A is vacant and can be shown anytime. Unit B needs 24 hour advanced notice. Please show Unit A first; if interested, can schedule another appointment to see the occupied unit if it's not available the same day your client is available.

Full Property Details for 1940 N Gratz St

General

  • Price: $425,000
  • Taxes: $7,386 (2025)
  • Status: Active
  • Type: Townhouse
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2567948
  • Updated: 12/17/2025
  • Added to Site: 32 day(s) ago

Parking

  • Parking Type: On Street

Location

  • Area: 19121 (19121)
  • Municipality: PHILADELPHIA
  • County: PHILADELPHIA
  • Driving Directions: Turn left on Gratz St.

School Information

  • School District: Philadelphia City

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Central
  • Heating Fuel: Electric
  • Water Heater: 60+ Gallon Tank

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Straight Thru
  • Structure Type: Interior Row/Townhouse
  • Construction: Masonry
  • Basement: Yes
  • Basement Desc.: Daylight, Partial, Full, Fully Finished, Interior Access, Windows, Sump Pump, Poured Concrete
  • Foundation: Concrete Perimeter
  • Square Feet: 2,253
  • Sq. Ft. Source: Assessor
  • Living Area: 2,253 Sq. Ft.
  • Finished Above Grnd: 2,253 Sq. Ft.
  • Year Built: 2010
  • Year Built Source: Assessor

Unit Information

  • Other Units: Unit 1, Unit 2

Lot Features

  • Lot Size (Acres): 0.03
  • Lot Size (Sq. Ft.): 1,301
  • Lot Size Source: Assessor
  • Lot Dimensions: 16.00 x 81.00
  • Zoning: RM1

Financial Considerations

  • Price Per Sq. Ft.: $188.64
  • Assessment Year: 2025
  • School Tax: $4,136
  • City/TownTax: $3,250
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $527,700
  • Tax Amount: $7,386
  • Tax Year: 2025
  • Tax Total Finished Sq. Ft.: 2253

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: Tenants' personal belongings and furniture.
  • Inclusions: All appliances shown in as-is condition.
  • Lot Number: 162

Listed by Tesla Realty Group, LLC, Amy Chen

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Listing agent

— 1940 N Gratz St —

  • Amy Chen

    Tesla Realty Group, LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1940 N Gratz St

School District:Philadelphia City School District
NameGradesDistance
Strawberry Mansion High School
3133 Ridge Ave, Philadelphia, PA 19132
9-111.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1940 N Gratz St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/17/2025
Listed
$425,000
-3.41%
MLS
6/18/2021
Sold
$440,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1940 N Gratz St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,387
—
$527,700
—
2024
$7,387
2%
$527,700
100%
2021
$7,220
-2%
-100%
2023
$7,387
618%
$527,700
2%
2020
$1,029
3%
$515,800
3%
2019
$995
23%
$498,600
23%
2018
$807
—
$404,400
—
2017
$807
596%
$404,400
—
2016
$116
-98%
$404,400
12%
2015
$4,858
—
$362,500
—
2014
$4,858
1133%
$362,500
799%
2013
$394
—
$40,320
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Tesla Realty Group, LLC, Amy Chen

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1940 N Gratz Street, Philadelphia, PA 19121 (MLS# PAPH2567948) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 1940 N Gratz Street is currently listed for $425,000 and was received on December 17, 2025. Want to learn more about 1940 N Gratz Street? Do you have questions about finding other Townhouse real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

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