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1218 Pratt Street, Philadelphia PA 19124
Pennsylvania>Philadelphia>Northwood

1218 Pratt StreetPhiladelphia, PA 19124

For Sale

$183,432

Smart Buyer Rebate - Ask

Duplex investment opportunity in Northeast Philadelphia with an active rental license. One unit is tenant-occupied with a long-term resident paying $950/month, providing immediate income. The second unit is currently vacant and ready for renovation, offering value-add potential. Solid brick structure with established rental history. Property sold in as-is condition. Buyer responsible for due diligence, licenses, and certifications. Conveniently located near Roosevelt Boulevard, shopping, and public transit.

Listed by Warren F. Nelson

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ISS Realty, LLC

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2157950207

Last updated October 20, 2025

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Source: BrightMLS #PAPH2544604

Listing Facts

  • TypeMulti-family
  • NeighborhoodNorthwood
  • Days on Prevu21
  • Taxes$2,568/year
  • Size1,392 sqft
  • Price per sqft$132

Location

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Listing History

10/03/2025
Listed by ISS Realty, LLC
$183,432

Property Details for 1218 Pratt Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 2
  • Year Built: 1925
  • Architectural Style: Straight Thru
  • Construction Materials: Masonry

Features

  • Other Structures: Above Grade, Below Grade
  • Waterfront: No

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.03
  • Lot Size Dimensions: 16
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 1,395
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.0
  • Gross Income: $11,400.00
  • Operating Expense: $4,000.00

Taxes

  • Tax Annual Amount: $2,568.00
  • Tax Year: 2025

Interior

Features

  • Fireplace: No

Measurements

  • Living Area: 1,392
  • Living Area Source: Assessor

Other

Features

  • Accessibility Features: 32"+ Wide Doors

Location

  • Tax Lot: 164

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Heating: Hot Water
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.