1921 N Gratz Street, Philadelphia, PA 19121

Property Description

1921 N Gratz St presents a strong investment opportunity in the heart of North Philadelphia, just minutes from Temple University in Philadelphia. This well-configured duplex features two spacious bi-level units, each offering 4 bedrooms and 2 bathrooms, making it an attractive asset in one of the city’s most consistent rental markets. Both apartments feature separate utilities, hardwood floors throughout, and in-unit washer and dryer—amenities highly sought after by today’s tenants. Unit A is currently tenant-occupied through July and will be delivered vacant, providing immediate flexibility for a buyer. This creates an ideal opportunity for an owner-occupant to move in while offsetting expenses, or for an investor to lease at market rent and increase overall revenue. This unit also includes a large unfinished basement, presenting additional value-add potential through the expansion of livable square footage. Unit B features a thoughtfully designed bi-level layout, with a very large open-concept living and dining area on the first floor, while all four bedrooms are located on the upper level, creating a functional separation between living and private spaces. Positioned near Temple University, the property benefits from strong and consistent rental demand, easy access to public transportation, and proximity to neighborhood dining and amenities throughout North Philadelphia. 1921 N Gratz St is also available as part of a portfolio opportunity alongside 1716 W Norris St and another nearby property, offering investors the chance to acquire three properties within two blocks of one another, creating scale and operational efficiency in a rapidly growing rental corridor. Whether purchased individually or as part of the portfolio, 1921 N Gratz St offers immediate income with additional upside potential.

Property Features

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