Tenant-Occupied Duplex with 2-Bed
3129 North 9th Street Philadelphia, PA 19133
For Sale
$230,000
Tenant-occupied duplex offers two 2-bedroom apartments, including one 2-bath unit, generating immediate in-place income.
Property Size1,050 SF
Price / SF$219.05
Days on Market76
Property Features for 3129 North 9th Street
General Information
- Standard status
- Active
- Size
- 1,050 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1925
Listing Agency:
Lime House
(717) 961-1393
Listed By:
Jack Talhelm · License #RS368054
(717) 961-1393
Source:
Compass
Added: May 10
Changed: Jul 20
Last Checked: Jul 23 at 10:40AM
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
Investment Insights
Based on property information with market context.
This tenant-occupied duplex provides an investor-focused residential income configuration with two separate 2-bedroom apartments. One unit includes two bathrooms, supporting a functional unit mix within the property.
The property is located in Philadelphia County within MLS Area 19133 (19133), listed under the Philadelphia City School District.
Financial information is available for review, and the seller will consider offers on the property individually or together with additional portfolio assets.
The property is located in Philadelphia County within MLS Area 19133 (19133), listed under the Philadelphia City School District.
Financial information is available for review, and the seller will consider offers on the property individually or together with additional portfolio assets.
Key Highlights
- Tenant‑occupied duplex with immediate in‑place income
- Two 2‑bedroom apartments (desirable unit mix)
- Includes one 2‑bath 2‑bedroom unit
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 | $27.1k | $25.80 |
| − Vacancy | −$1.5k | −$1.42 |
| EGI | $25.6k | $24.38 |
| − OpEx | −$7.7k | −$7.31 |
| NOI | $17.9k | $17.06 |
1,050 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$256.0K
$224.0K – $298.6K
NOI $17,918 @ 7.0% cap · market cap 7.79%
Second Best
Apartment 5plus
$235.9K
$206.5K – $275.3K
NOI $16,516 @ 7.0% cap · market cap 7.18%
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
FAQs
What type of property is this?
Duplex - Tenant-occupied duplex offers two 2-bedroom apartments, including one 2-bath unit, generating immediate in-place income.
Where is this duplex located?
The property is located at 3129 North 9th Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Tenant‑occupied duplex with immediate in‑place income; Two 2‑bedroom apartments (desirable unit mix); Includes one 2‑bath 2‑bedroom unit
