2118 Kater Street
Philadelphia, PA 19146
- 2 beds
- 1 bath
- 774 sqft
- 616 sqft lot
- $452 per sqft
- 1920 build
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.
Last checked:
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Last updated Apr 17, 2025
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MLS# PAPH2470782 —
The Building
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Year Built:1920
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Masonry
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Structure Type:Interior Row/Townhouse
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Architectural Style:Traditional
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Levels:2
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Accessibility Features:None
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Foundation Details:Other
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Basement:Yes
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Basement Type:Full
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:774
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Above Grade Finished SqFt Source:Assessor
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Assessor
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Below Grade Unfinished SqFt Source:Assessor
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Tax Total Finished SqFt:774
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:774
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Living Area SqFt:774 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:Settlement
Location
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Directions:Between Bainbridge and South Street, between 21st and 22nd.
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Latitude:39.94459915
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Longitude:-75.17773438
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Location Type:Urban
The Property
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Property Type:Residential
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Property Condition:Major Rehab Needed
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Lot Size Units:Square Feet
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Lot Size Acres:0.01
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Lot Size Source:Estimated
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Lot Size Dimensions:14.00 x 44.00
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Lot Dimensions Source:Assessor
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Lot SqFt:616 Sqft
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Additional Parcels:No
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Zoning:RSA5
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View:City
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:O30
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (267) 625-4504
- Office phone:
- (267) 435-8015
Taxes
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Tax ID Number:302014900
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Tax Year:2024
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Tax Lot:366
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Tax Annual Amount:$5,296
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Tax Assessed Value:$378,400
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Year Assessed:2025
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School Tax:2966.0
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City/Town Tax:2330.00
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:2
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Upper Level Bedrooms:2
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Upper Level 1 Bedrooms:2
Baths
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Total Baths:1
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Full Baths:1
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Upper Level Full Baths:1
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Upper Level Total Baths:1
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Upper Level Total Baths:1.00
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Upper Level Full Baths:1
Heating & Cooling
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Cooling Type:None
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Central Air:No
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Cooling Fuel:None
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Heating:Yes
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Heating Type:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Natural Gas
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Water Source:Public
Schools
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Elementary School:Albert M. Greenfield
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School District Name:The School District Of Philadelphia
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School District Source:Listing Agent
The Community
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Subdivision Name:Graduate Hospital
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Senior Community:No
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Exterior Features:Sidewalks, Street Lights
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Pool:No Pool
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HOA:No
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Condo/Coop Association:No
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Vacation Rental:No
Monthly cost estimate

Asking price
$350,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,874
|
Taxes | $441 |
Insurance | $96 |
Utilities | $153 See report |
Total | $2,564/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/17/25
Apr 17, 2025
|
Listed / Active | BRIGHT | $350,000 |