Live in one unit and let the other help pay the mortgage! 1921 N Gratz St presents a strong investment opportunity in the heart of North Philadelphia, just minutes from Temple University. This well-configured duplex features two spacious bi-level units, each offering 4 bedrooms and 2 bathrooms, making it an attractive option for both investors and owner-occupants.
Unit A is now vacant and ready for an owner-occupant, creating an excellent house-hacking opportunity. Move into one unit while the income from Unit B helps offset a portion of your monthly mortgage and expenses. For investors, the vacant unit also provides the flexibility to establish a new tenant at market rent and maximize future income.
Both apartments feature separate utilities, hardwood floors throughout, and in-unit washer and dryer—amenities highly sought after by today’s tenants.
Unit A also includes a large unfinished basement, offering valuable storage and potential for future expansion or additional livable space, subject to approvals.
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 upstairs, creating a functional separation between living and private spaces.
Located just minutes from Temple University, the property benefits from strong rental demand, convenient public transportation, and easy access to neighborhood dining, shopping, and amenities throughout North Philadelphia.
Investors can also take advantage of a portfolio opportunity with 1716 W Norris St and another nearby property, offering the potential to acquire three properties within two blocks of one another for added scale and operational efficiency.
Whether you're looking to house hack and have your tenant help pay the mortgage or expand your investment portfolio, 1921 N Gratz St offers flexibility, income potential, and significant upside.
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Listing Snapshot
Price
$399,000
Days On Site
197 Days
Bedrooms
N/A
Inside Area (SqFt)
2,703 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.03 Acres
Year Built
2011
MLS® Number
PAPH2597212
Status
Active
Property Tax
$7,897
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
2 weeks ago
Price changed to $399,000
2 weeks ago
Listing updated with changes from the MLS®
2 months ago
Status changed to Active
7 months ago
Listing first seen on site
General Features
Acres
0.03
Cross Street
Gratz and Norris
Foundation
Slab
Number Of Stories
4
Parking
On Street
Property Sub Type
Duplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
2703
SqFt Total
2703
Style
Bi-levelContemporaryDwelling w/Separate Living AreaDwelling with RentalSplit LevelStraight ThruUnit/Flat
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