8118 RYERS Avenue, Philadelphia, PA 19111
MULTI_FAMILY - Other - PHILADELPHIA, PA
- Added:
- Jun 29, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 29 at 10:06 pm
Property Features for 8118 RYERS Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Dining Room
- Parking
- 4
- Parking features
- Driveway
- Interior features
- Carpet, Bathroom - Tub Shower, Dining Area
- Appliances
- Range Hood, Refrigerator
- Standard status
- Active
- Size
- 1,860 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5039
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1984
- Number of units
- 2
- Building materials
- Brick Front, Aluminum Siding
- Architectural style
- Other
Listing agent Robert C Weiss License #RM421312 (215) 776-1212
Listing office Coldwell Banker Hearthside Realtors 2600 Philmont Avenue unit: 100, Richboro, PA (215) 379-2002
Listing date Jun 29, 2026
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Brick front and aluminum‑sided twin ranchplex built in 1984
- 2 separate 2‑bedroom apartments with large living rooms and dining areas
- Each unit features its own in‑unit laundry plus gas forced air heat and central air
- Each unit has separate electric service; gas hot water heaters include 2nd‑floor (new 11/2024) and 1st‑floor (new 7/2019)
- Monthly rents: first‑floor $1,100 (month‑to‑month) and second‑floor $1,000 (month‑to‑month)
- Off‑street parking and a large rear yard
Overview
Located at 8118 Ryers Avenue in Philadelphia’s Fox Chase area, the property sits on an out-of-the-way block and includes off-street parking and a large rear yard.
This duplex is set up for steady residential income with both apartments on month-to-month leases. The first-floor unit is currently leased at $1,100 per month, and the second-floor unit is leased at $1,000 per month. With each unit having independent electric service and shared utilities limited to cold water/sewer, the layout can support straightforward operations for an owner or an investor seeking a two-unit residential building with functional, self-contained apartment living.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.8k | $19.80 |
| − Vacancy | −$1.2k | −$0.62 |
| EGI | $35.7k | $19.18 |
| − OpEx | −$10.7k | −$5.75 |
| NOI | $25.0k | $13.43 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.07701
- Latitude
- 40.07616
