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$350,000
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Property Description
Located on one of Graduate Hospital's most desirable tree-lined blocks, 2118 Kater Street presents a rare value-add opportunity in the heart of Philadelphia. This classic townhome is in need of a full renovation-making it the ideal blank slate for seasoned investors, developers, or flippers looking to capitalize on strong market fundamentals in a high-demand neighborhood. Zoned RM1 and situated within the coveted Albert M. Greenfield School Catchment, this property offers significant upside potential, whether you're planning a high-end resale, modern rental conversion, or long-term hold strategy. The surrounding area continues to see robust appreciation, supported by consistent buyer demand and limited inventory. Just minutes from Rittenhouse Square, University of Pennsylvania, CHOP, and the Schuylkill River Trail, this location is a proven draw for professionals, students, and families alike. Nearby amenities include neighborhood staples like Loco Pez, Sabrina's Café, City Fitness, and Giant Heirloom Market, ensuring strong lifestyle appeal for future occupants. Bring your architect and contractor-this is a full-gut opportunity with serious upside. Showings by appointment only. Don't miss your chance to unlock the potential of this A+ location.
Full Property Details
Full Property Details for 2118 Kater St
General
- Sold For: $350,000
- Taxes: $5,296 (2024)
- Status: Closed
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PAPH2470782
- Added to Site: 276 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Upper Floor Baths: 1
- Upper - Full Baths: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Upper: 2
Exterior
- Exterior Features: Sidewalks, Street Lights
Parking
- Parking Type: On Street
Location
- Area: 19146 (19146)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Development Name: Graduate Hospital
- Subdivision: Graduate Hospital
- Driving Directions: Between Bainbridge and South Street, between 21st and 22nd.
- Location Details: Urban
School Information
- School District: The School District Of Philadelphia
- Elementary School: Albert M. Greenfield
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Structure Type: Interior Row/Townhouse
- Construction: Masonry
- Basement: Yes
- Basement Desc.: Full
- Foundation: Other
- Stories/Levels: 0
- Stories Description: Upper 1
- Square Feet: 774
- Sq. Ft. Source: Assessor
- Living Area: 774 Sq. Ft.
- Finished Above Grnd: 774 Sq. Ft.
- Year Built: 1920
- Year Built Source: Assessor
- Property Condition: Major Rehab Needed
Lot Features
- Property View: City
- Lot Size (Acres): 0.01
- Lot Size (Sq. Ft.): 616
- Lot Size Source: Estimated
- Lot Dimensions: 14.00 x 44.00
- Zoning: RSA5
Financial Considerations
- Price Per Sq. Ft.: $452.2
- Assessment Year: 2025
- School Tax: $2,966
- City/TownTax: $2,330
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $378,400
- Tax Amount: $5,296
- Tax Year: 2024
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 774
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 366
Listed by Compass Pennsylvania, LLC, Eric I Fox
Sold by Real of Pennsylvania, Ryan C Garrity
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Schools
Schools serving 2118 Kater St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Greenfield Albert M School 2200 Chestnut Street, Philadelphia, PA 19103 | K-8 | 0.5 mi |
Franklin Benjamin High School 550 North Broad Street, Philadelphia, PA 19130 | 12-11 | 1.5 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 2118 Kater St
Date
Details
Price
Change
Source
9/25/2025
Sold
$350,000
—
MLS
4/17/2025
Listed
$350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2118 Kater Street, Philadelphia, PA 19146 (MLS# PAPH2470782) is a Townhouse property that was sold at $350,000 on September 25, 2025. Want to learn more about 2118 Kater 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.

