Multi-family report

2122 N Gratz St

1 story · 3,042 sqft · RSA3 · built 1992

Absentee individual · assessed $66K · 3 licensed units · sold 1×. On the 2100 block of N Gratz St.

Street view of 2122 N Gratz St
From the street — imagery © Google
From above — imagery © Esri, Maxar

Property summary

What stands out

From the public record

What to do with this

The record, translated into moves — what a buyer, the owner, and a landlord would each want to check next under Philadelphia's actual rules.

If you’re buying

3 units in RSA3, a single-family district

The building's use almost certainly predates today's code — a "legal nonconforming" use. That status survives a sale but can lapse if the use is abandoned or the building sits vacant; verify the registered use with L&I before pricing it as 3 rents.

The last transfer was not a sale

The most recent recorded deed moved for nominal consideration. That is where tangled-title problems live — budget a real title search. (Occupants untangling an inherited deed can get help from the city's Tangled Title Fund.)

If you’re the landlord

Licensed rental — keep it that way

Renewal requires city tax clearance and zero open L&I violations on the property. A lapsed license suspends the right to collect rent or evict.

Derived from this house's public records and the city's rules as of 2026 (abatement ordinance, Homestead, rental licensing, lead certification, L&I process, excavation protections). Informational only — not legal, tax, or investment advice.

The investment read

How this building has moved and where it's pointed: the city's assessed value (not a listing price) over 12 years, charted against its block; appreciation is that history's pace, and the 5-year figure simply extends it. Yield estimates rent-vs-price from area rents. Ask the record to dig into any number.

Assessed value
$66K
built 1992
Price / sq ft
$22
block $21 · in line w/ block
Appreciation
-3%
0%/yr, city 6.5%
In 5 years (~2031)
~$66K
0%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$920
1.4% effective
Gross yield
24.4%
≈$1K/mo rent
Times sold
1
licensed rental

Value vs. the block, over time — sales, permits & L&I events marked on the line

$0$100K$200KBefore this chart — 2008: Sold $713K 2014: Alteration 2014: Plumbing 2014: Electrical 2014: Mechanical 2014: Alteration$66K201620222027
This houseBlock median & rangePermit

The paper trail

Bought for $713K in 2008. Owner pulled a alteration permit in 2014.

  1. 2008 $713KSold
  2. 2014 AlterationPermitPlumbingPermitElectricalPermitMechanicalPermitAlterationPermit

Flags: active rental license. Informational only — not investment advice or a consumer report (FCRA).

The house, on paper

The city assessor's field record — the physical spec sheet behind the assessed number.

Stories
1
Interior
3,042 sqft
livable area
Lot
1,953 sqft
Exterior condition
Average
city code 4
Interior condition
Average
city code 4
Quality grade
B-
assessor's grade
Zoning
RSA3
city zoning code

OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.

Run the numbers

What owning 2122 N Gratz St takes, at your price and your rate. Taxes are this building's actual bill from the city record; rent starts at 3 licensed units × ~85% of the area's median unit rent — the whole building's income, not one unit's. Assessed value is not an asking price — set the price slider to the real one.

$66K
20%
6.875%
$3K/mo
Mortgage
P&I · 30-yr fixed
All-in monthly
+ taxes & insurance
Cash to close
down + ~4% costs
Cash flow
rent − all costs · /mo
Cap rate
NOI ÷ price
Cash-on-cash
year-1 return on cash in

Estimates for orientation, not advice. Assumes a 30-year fixed loan, $2,100/yr insurance, 1% of price/yr maintenance; taxes from this parcel's record.

Block context

2122 N Gratz St sits on the 2100 block of N Gratz St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 2124 N Gratz St  ·  2118-20 N Gratz St

Where this comes from

Methodology & freshness

City datasets are fetched live from OpenDataPhilly (phl.carto.com) and cached briefly. Dossiers re-pull automatically — on view once they're a few weeks old, plus a nightly rolling sweep — and citywide benchmarks recompute weekly. AI-written passages are generated from these records only and rejected if they state a number the record doesn't hold.

Official city record ↗  ·  L&I history ↗  ·  See the whole block  ·  Download this record (JSON)