2118 Kater St Philadelphia, PA 19146
Southwest Center City NeighborhoodEstimated payment $2,306/month
Highlights
- City View
- No HOA
- Forced Air Heating System
- Traditional Architecture
About This Home
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 Cafe, 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.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $5,296
Year Built
- Built in 1920
Lot Details
- 616 Sq Ft Lot
- Lot Dimensions are 14.00 x 44.00
Parking
- On-Street Parking
Home Design
- Traditional Architecture
- Fixer Upper
- Masonry
Interior Spaces
- 774 Sq Ft Home
- Property has 2 Levels
- City Views
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Location
- Urban Location
Schools
- Albert M. Greenfield Elementary School
Utilities
- Forced Air Heating System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Graduate Hospital Subdivision
Listing and Financial Details
- Tax Lot 366
- Assessor Parcel Number 302014900
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,583 | $378,400 | $75,680 | $302,720 |
| 2024 | $4,583 | $378,400 | $75,680 | $302,720 |
| 2023 | $4,583 | $327,400 | $65,400 | $262,000 |
| 2022 | $2,955 | $282,400 | $65,400 | $217,000 |
| 2021 | $3,585 | $0 | $0 | $0 |
| 2020 | $3,585 | $0 | $0 | $0 |
| 2019 | $3,669 | $0 | $0 | $0 |
| 2018 | $3,227 | $0 | $0 | $0 |
| 2017 | $3,227 | $0 | $0 | $0 |
| 2016 | $2,807 | $0 | $0 | $0 |
| 2015 | $2,687 | $0 | $0 | $0 |
| 2014 | -- | $230,500 | $32,371 | $198,129 |
| 2012 | -- | $24,608 | $13,529 | $11,079 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/17/2025 04/17/25 | For Sale | $350,000 | -- | $452 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $45,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $82,215 | FHA | |
| Closed | $76,000 | Unknown |
Source: Bright MLS
MLS Number: PAPH2470782
APN: 302014900
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