Renovated Bi-Level
For Sale
$379,988
2033 N 9TH STREET, Philadelphia, PA 19122
Two updated apartments feature contemporary finishes, flexible layouts, and a private fenced backyard.
Property Size2,000 SF
Days on Market154
Property Features for 2033 N 9TH STREET
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Duplex
Units
Unit Mix
1 x 2BR/2BA, 1 x 2BR/2.5BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$1,248
Building Details
Building Size
2,000 SF
Year Built
1920
Buildings
1
Listing Agency:
KW Empower
(267) 205-8592
Listed By:
Oriel Zach · License #RS325942
(267) 205-8592
Source:
Patmckennarealtors
Added: Mar 3
Changed: Aug 4
Last Checked: Aug 4 at 6:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Empower
Investment Insights
Based on property information with market context.
Built in 1920 and recently renovated and extended, this duplex contains two bi-level apartments with distinct layouts and updated interior finishes. Each residence offers two bedrooms, while the first includes two full bathrooms and the second provides two full bathrooms plus a main-level half bath. Both units feature luxury vinyl plank flooring, 9-foot ceilings, recessed lighting, modern kitchens with 42-inch white shaker cabinetry, quartz counters, stone-style backsplashes, and stainless steel appliances. Ceramic-tile shower surrounds, contemporary vanities, and designer lighting add further detail. Stackable washer and dryer hookups are provided in both apartments, and the first unit includes a private fenced backyard.
The property is near Temple University, the Broad Street Line, restaurants, and shopping. The bi-level configuration, separate apartment layouts, and combination of two- and two-and-a-half-bathroom plans support both multifamily ownership and owner-occupancy use as described in the listing.
The property is near Temple University, the Broad Street Line, restaurants, and shopping. The bi-level configuration, separate apartment layouts, and combination of two- and two-and-a-half-bathroom plans support both multifamily ownership and owner-occupancy use as described in the listing.
Key Highlights
- Two bi‑level apartments, each with 2 bedrooms
- Unit 1 includes 2 bedrooms and 2 bathrooms
- Unit 2 includes 2 bedrooms and 2.5 bathrooms
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 | $51.6k | $25.80 |
| − Vacancy | −$2.8k | −$1.42 |
| EGI | $48.8k | $24.38 |
| − OpEx | −$14.6k | −$7.31 |
| NOI | $34.1k | $17.06 |
2,000 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$487.6K
$426.6K – $568.8K
NOI $34,130 @ 7.0% cap · market cap 8.98%
Second Best
Apartment 5plus
$449.4K
$393.2K – $524.3K
NOI $31,459 @ 7.0% cap · market cap 8.28%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,160
Businesses Nearby
Explore this area
Business Placement
Demographics for 19122, PA
26,668
Population
10,139
Households
2.6
Avg Household Size
28
Median Age
42%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
20,514
Density / Sq Mi
$57,785
Median Household Income
$31,871
Median Earnings
$1,294
Median Rent
$341,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two updated apartments feature contemporary finishes, flexible layouts, and a private fenced backyard.
Where is this duplex located?
The property is located at 2033 N 9TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $379,988.
What are key features of this property?
This property features: Two bi‑level apartments, each with 2 bedrooms; Unit 1 includes 2 bedrooms and 2 bathrooms; Unit 2 includes 2 bedrooms and 2.5 bathrooms
