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$300,000
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Property Description
1951 N Gratz St presents an excellent investment opportunity with two spacious 4-bedroom, 2-bathroom units and strong income potential. Unit 1 is currently occupied by a PHA tenant generating $1,927 per month, while Unit 2 is vacant and projected to rent for approximately $1,650 per month, offering flexibility for an owner-occupant or investor seeking additional cash flow. Each unit features central air conditioning and gas forced-air heat for year-round comfort. The property also includes an unfinished basement that provides additional storage space and a private backyard for outdoor enjoyment. With a total of eight bedrooms across two units, this property offers a versatile layout designed to meet a variety of rental needs. Whether you're looking to expand your portfolio or secure a multi-unit property with immediate income and upside potential, this is an opportunity worth exploring. Contact us today to schedule a tour or learn more about the property's income potential and investment opportunities. *Some photos may have been virtually enhanced or digitally edited for marketing purposes.
Full Property Details
Full Property Details for 1951 N Gratz St
General
- Sold For: $300,000
- Taxes: $6,509 (2025)
- Status: Closed
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PAPH2637640
- Added to Site: 81 day(s) ago
Rental Information
- Lease Info: Month to Month
Parking
- Parking Type: None
Location
- Area: 19121 (19121)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: From Center City Philadelphia, take N Broad St north to W Montgomery Ave. Turn left onto W Montgomery Ave, then right onto N Gratz St. Continue to 1951 N Gratz St; the property will be on your right.
School Information
- School District: Philadelphia City
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Natural Gas
- Heating Type: 90% Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Other
Utilities
- Sewer: Public Sewer, Public Septic
- Water: Public
Structural Information
- Architectural Style: Straight Thru
- Structure Type: Interior Row/Townhouse
- Construction: Masonry
- Basement: Yes
- Basement Desc.: Unfinished
- Foundation: Stone
- Square Feet: 2,748
- Sq. Ft. Source: Assessor
- Living Area: 2,748 Sq. Ft.
- Finished Above Grnd: 2,748 Sq. Ft.
- Year Built: 1915
- Year Built Source: Assessor
- Property Condition: Excellent
Unit Information
- Other Units: Unit 1, Unit 2
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,285
- Lot Size Source: Assessor
- Lot Dimensions: 16.00 x 80.00
- Zoning: RM1
Financial Considerations
- Price Per Sq. Ft.: $108.81
- Assessment Year: 2026
- School Tax: $3,645
- City/TownTax: $2,863
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $465,000
- Tax Amount: $6,509
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 2748
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 218
Listed by TCS Management, LLC, Moshe Adika and TCS Management, LLC, Alex C Prince
Sold by Keller Williams Main Line, Morgan Sampson
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Schools
Schools serving 1951 N Gratz St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Strawberry Mansion High School 3133 Ridge Ave, Philadelphia, PA 19132 | 9-11 | 1.1 mi |
Roxborough High School 6498 Ridge Avenue, Philadelphia, PA 19128 | 9-11 | 4.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1951 N Gratz St
Date
Details
Price
Change
Source
8/12/2026
Sold
$300,000
0.33%
MLS
6/16/2026
Listed
$299,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1951 N Gratz Street, Philadelphia, PA 19121 (MLS# PAPH2637640) is a Townhouse property that was sold at $300,000 on August 12, 2026. Want to learn more about 1951 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.

