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Bi-Level Duplex Near Temple University
For Sale
$400,000

1821 N BOUVIER Street, Philadelphia, PA 19121

Multi-Family, PHILADELPHIA, PA

Property Size2,166 SF
Lot Size0.03 Acres
Price / SF$184.67
Days on Market58

Property Features for 1821 N BOUVIER Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Parking features On Street
Appliances Built-In Microwave, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Stove
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Size 2,166 SF
Lot size 0.03 Acres

Taxes and HOA fees

Tax Annual Amount 6007

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

in-unit laundry

Building Details

Year built 1915
Number of units 2
Building materials Masonry
Architectural style Other
Listing Agency: RE/MAX Select Group · RE/MAX International
Listed By: Yakenya Moise
Added: Sep 3 Changed: Sep 26 Last Checked: Oct 30 at 9:06AM
MLS# PAPH2666684

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.

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Investment Insights

Based on property information with market context.

Located at 1821 N. Bouvier Street in Philadelphia, this masonry duplex contains approximately 2,166 square feet of finished living area. The property is arranged as two bi-level units, with each residence offering four bedrooms, two full bathrooms, and private in-unit laundry. Central air, forced-air heating, and a kitchen appliance package are included. The building was constructed in 1915 and has on-street parking.

Both units are leased, with the current lease terms extending through June 30, 2027, and July 30, 2027. The property is near Temple University, public transportation, and neighborhood amenities. Current underwriting indicates a projected cap rate of nearly 8%, subject to independent verification of income, expenses, and other property information.

Key Highlights

  • Two bi‑level units, each with 4 bedrooms, 2 full bathrooms, and private in‑unit laundry
  • Approximately 2,166 square feet of finished living space
  • Fully leased with terms extending through June 30, 2027, and July 30, 2027

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,070
Cap Rate
8.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$681,400 $681.4K
Cap Rate 7%
$486,714 $486.7K
Cap Rate 9%
$378,556 $378.6K
Market Conditions
NOI Build-Up for 2,166 SF
Gross rent
$65.8K $30.36/SF
− Vacancy
−$3.8K −$1.76/SF
EGI
$61.9K $28.60/SF
− OpEx
−$27.9K −$12.87/SF
NOI
$34.1K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$681,400
Cap Rate 7%
$486,714
Cap Rate 9%
$378,556

Alternative Uses

Best Use
Multifamily LT 5
$528.0K
$462.0K – $616.1K (±1% cap)
NOI $36,963 @ 7.0% cap · market cap 9.24%
Second Best
Apartment 5plus
$486.7K
$425.9K – $567.8K (±1% cap)
NOI $34,070 @ 7.0% cap · market cap 8.52%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,065
Businesses Nearby

Demographics for 19121, PA

41,799
Population
19,673
Households
2.1
Avg Household Size
28
Median Age
25%
College-Educated
84%
High-School Grad
2.4 sq mi
ZIP Area
17,416
Density / Sq Mi
$36,208
Median Household Income
$29,915
Median Earnings
$1,082
Median Rent
$250,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Fully leased housing includes private laundry, central air, and two four-bedroom residential units.
Where is this duplex located?
The property is located at 1821 N BOUVIER Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Two bi‑level units, each with 4 bedrooms, 2 full bathrooms, and private in‑unit laundry; Approximately 2,166 square feet of finished living space; Fully leased with terms extending through June 30, 2027, and July 30, 2027
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