Two-Unit Residential
For Sale
$225,000
3129 N 9TH STREET, Philadelphia, PA 19133
Two apartments offer two-bedroom layouts, with one unit featuring two bathrooms.
Property Size1,050 SF
Days on Market167
Property Features for 3129 N 9TH STREET
General Information
Standard status
Active
Size
1,050 SF
Property subtype
Duplex
Site & Location
Neighborhood
Kensington
Units
Unit Mix
2 x 2BR, 1 x 2BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,079
Building Details
Building Size
1,050 SF
Year Built
1925
Listing Agency:
Lime House
Listed By:
Jack Talhelm · License #RS368054
(717) 961-1393
Source:
Lizclarkrealestate
Added: May 11
Changed: Oct 21
Last Checked: Oct 23 at 1:53PM
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 Lime House
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1925, this residential duplex contains two tenant-occupied apartments, each with a two-bedroom layout. One apartment includes two bathrooms, creating a distinct unit mix within the property.
The property is located at 3129 N 9th Street in Philadelphia, Pennsylvania 19133. It is available for individual acquisition and may also be considered with additional portfolio assets. Financial information is available for review.
The property is located at 3129 N 9th Street in Philadelphia, Pennsylvania 19133. It is available for individual acquisition and may also be considered with additional portfolio assets. Financial information is available for review.
Key Highlights
- Two‑unit duplex with two 2‑bedroom apartments
- One apartment includes 2 bathrooms
- Currently occupied by tenants
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,918
Cap Rate
7.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$358,360
$358.4K
Cap Rate 7%
$255,971
$256.0K
Cap Rate 9%
$199,089
$199.1K
Market Conditions
NOI Build-Up for 1,050 SF
Gross rent
$27.1K $25.80/SF
− Vacancy
−$1.5K −$1.42/SF
EGI
$25.6K $24.38/SF
− OpEx
−$7.7K −$7.31/SF
NOI
$17.9K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$358,360
Cap Rate 7%
$255,971
Cap Rate 9%
$199,089
Alternative Uses
Best Use
Multifamily LT 5
$256.0K
$224.0K – $298.6K
NOI $17,918 @ 7.0% cap · market cap 7.96%
Second Best
Apartment 5plus
$235.9K
$206.5K – $275.3K
NOI $16,516 @ 7.0% cap · market cap 7.34%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,725
Businesses Nearby
Explore this area
Business Placement
Demographics for 19133, PA
24,772
Population
10,766
Households
2.3
Avg Household Size
34
Median Age
7%
College-Educated
63%
High-School Grad
1.3 sq mi
ZIP Area
19,055
Density / Sq Mi
$31,756
Median Household Income
$26,563
Median Earnings
$919
Median Rent
$85,100
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
Frequently Asked Questions
What type of property is this?
Duplex - Two apartments offer two-bedroom layouts, with one unit featuring two bathrooms.
Where is this duplex located?
The property is located at 3129 N 9TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Two‑unit duplex with two 2‑bedroom apartments; One apartment includes 2 bathrooms; Currently occupied by tenants
