1932 N 8TH Street, Philadelphia, PA 19122
MULTI_FAMILY - PHILADELPHIA, PA
- Added:
- Jun 14, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 15 at 1:06 pm
Property Features for 1932 N 8TH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 2,732 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1816
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 2022
- Number of units
- 2
Listing agent Snyezhana Naymit License #RS333987 (267) 515-3791
Listing office Market Force Realty 122 N York Road unit: 7, Holland, PA (866) 993-8585
Listing date Jun 14, 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
- Newer‑construction duplex completed in September 2022 (approx. 6 years remaining on tax abatement)
- Fully occupied: both units leased through July 2027 for immediate, stable rental income
- First‑floor unit: 3 bedrooms, 2 full bathrooms plus additional space for a third bathroom, and a private rear yard
- Second‑floor unit: 3 bedrooms, 3 full bathrooms with access to a private rooftop deck
- Units equipped with forced air heating and central air; parking available on‑street
Overview
The asset is located in Philadelphia and is described as convenient to public transportation, Center City Philadelphia, and Temple University.
For buyers seeking a turn-key income property, this duplex provides immediate occupancy with both units leased through July 2027. The offering also notes approximately six years remaining on the tax abatement, which may be a meaningful consideration for an owner evaluating net operating profile at the time of purchase.
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 | $70.5k | $25.80 |
| − Vacancy | −$3.9k | −$1.42 |
| EGI | $66.6k | $24.38 |
| − OpEx | −$20.0k | −$7.31 |
| NOI | $46.6k | $17.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.14779
- Latitude
- 39.98128
