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Tenant-Occupied Duplex
For Sale
$225,000

3129 N 9TH Street, Philadelphia, PA 19133

Multi-Family, PHILADELPHIA, PA

Property Size1,050 SF
Lot Size0.02 Acres
Price / SF$214.29
Days on Market166

Property Features for 3129 N 9TH Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking features On Street
Subdivision HARTRANFT
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Size 1,050 SF
Lot size 0.02 Acres

Taxes and HOA fees

Tax Annual Amount 1079

Utilities

Heating system Baseboard, Electric (Heating)

Building Details

Year built 1925
Number of units 1
Building materials Masonry
Architectural style Other
Listing Agency: Lime House
Listed By: Jack Talhelm · License #RS368054
Added: May 11 Changed: Oct 8 Last Checked: Oct 23 at 8:06AM
MLS# PAPH2613864

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.

This tenant-occupied duplex contains 1,050 square feet across two residential units, each configured with two bedrooms. One apartment includes two bathrooms, providing a distinct unit mix within the property. Masonry construction, electric heating, and baseboard heat are among the documented building features.

Built in 1925, the property occupies a 0.0193-acre lot at 3129 N 9th Street in Philadelphia. Parking is available on street, and the existing tenant occupancy provides an established residential operating setup.

Key Highlights

  • Two 2‑bedroom apartments, including one unit with 2 baths
  • 1,050 square feet of property size
  • Tenant‑occupied duplex

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 (±1% cap)
NOI $17,918 @ 7.0% cap · market cap 7.96%
Second Best
Apartment 5plus
$235.9K
$206.5K – $275.3K (±1% cap)
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

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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,725
Businesses Nearby

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

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

Frequently Asked Questions

What type of property is this?
Duplex - Two residential units feature masonry construction, electric baseboard heating, and on-street parking.
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 2‑bedroom apartments, including one unit with 2 baths; 1,050 square feet of property size; Tenant‑occupied duplex
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