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2033 North 9th Street, Philadelphia, PA, 19122
Renovated Bi-Level Duplex

2033 North 9th Street Philadelphia, PA 19122

For Sale
$429,900

Newly renovated bi-level duplex with two apartments, modern kitchens, and private fenced backyard for one unit.

Property Size2,000 SF
Price / SF$214.95
Days on Market149

Property Features for 2033 North 9th Street

General Information

Standard status
Active
Size
2,000 SF
Property subtype
Multi-Family / Fee Simple

Building Details

Year Built
1920
Listing Agency: KW Empower
Listed By: Oriel Zach · License #RS325942
Source: Compass
Added: Feb 25 Changed: Jul 22 Last Checked: Jul 24 at 12:31PM

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.

This newly renovated bi-level duplex offers two spacious apartments with high-end finishes throughout. Unit 1 includes two bedrooms and two bathrooms with luxury vinyl plank flooring, 9-foot ceilings, recessed lighting, and a modern kitchen with 42-inch white shaker cabinetry, quartz countertops, and stainless steel appliances. The unit features ceramic tile-encased 5-foot showers, modern vanities and designer lighting, stackable washer/dryer hookup, and a private fenced backyard.

Unit 2 also provides a bi-level layout with two bedrooms and 2.5 bathrooms, featuring luxury vinyl plank flooring, 9-foot ceilings, and recessed lighting. The open-concept living and dining area is complemented by a kitchen with 42-inch white shaker cabinets, quartz countertops, a stone-like backsplash, and stainless steel appliances. Unit 2 includes a half bath on the main floor and two full modern bathrooms upstairs, along with stackable washer/dryer hookup on the second floor.

The property is located near Temple University, with convenient access to the Broad Street Line, as well as nearby restaurants and shopping.

Key Highlights

  • Newly renovated bi‑level duplex built in 1920 with two bi‑level apartments in the Temple University area of Philadelphia
  • Unit 1: 2 bed / 2 bath with luxury vinyl plank flooring, 9‑ft ceilings, recessed lighting, and a modern kitchen with stainless steel appliances
  • Unit 1 includes ceramic tile‑encased 5‑ft showers, modern vanities, designer lighting, stackable washer/dryer hookups, and a private fenced backyard

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 (±1% cap)
NOI $34,130 @ 7.0% cap · market cap 7.94%
Second Best
Apartment 5plus
$449.4K
$393.2K – $524.3K (±1% cap)
NOI $31,459 @ 7.0% cap · market cap 7.32%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Hotel & Motel Nursing Home Tech Support Center Nursing Home (Bike/Boat/Book/etc) Store Acupuncture (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Newly renovated bi-level duplex with two apartments, modern kitchens, and private fenced backyard for one unit.
Where is this duplex located?
The property is located at 2033 North 9th Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: Newly renovated bi‑level duplex built in 1920 with two bi‑level apartments in the Temple University area of Philadelphia; Unit 1: 2 bed / 2 bath with luxury vinyl plank flooring, 9‑ft ceilings, recessed lighting, and a modern kitchen with stainless steel appliances; Unit 1 includes ceramic tile‑encased 5‑ft showers, modern vanities, designer lighting, stackable washer/dryer hookups, and a private fenced backyard
More about this property
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