4922 N 8Th Street, Philadelphia, PA 19120
Two-unit legal duplex with year-to-year and long-term tenants in place, requiring 24-hour notice for showings.
- Added:
- Nov 24, 2025
- Days on Market:
- 227
- Last Refresh:
- Jul 9 at 2:16 am
Property Features for 4922 N 8Th Street
General Information
- Standard status
- Active
- Size
- 1,346 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1935
Listing office Builder Solutions Realty (856) 222-0077
Listing date Nov 24, 2025
Source Thetristaterealestategroup
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 Builder Solutions Realty
HighLights
- Legal 2‑unit duplex in Olney with tenants already in place (Unit 1 and Unit 2)
- Unit 1: 2‑bedroom, 1‑bath, currently rented on a year‑to‑year lease
- Unit 2: 1‑bedroom, 1‑bath with a long‑term tenant in place since 1995
- 1 attached garage space with rear entry and concrete perimeter foundation
- Full basement; heating and hot water provided by natural gas
- Small lot: 0.03 acres (16.00 x 88.00) with public water; no pool
Overview
The property is located at 4922 N 8Th Street in Philadelphia, PA 19120, in the Olney area. 24-hour notice is required for all showings.
The existing tenant occupancy provides an income-producing structure with a low-maintenance setup anchored by long-term tenancy in one unit and year-to-year leasing in the other.
Local 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 | $22.5k | $16.68 |
| − Vacancy | −$1.6k | −$1.20 |
| EGI | $20.8k | $15.48 |
| − OpEx | −$6.2k | −$4.64 |
| NOI | $14.6k | $10.83 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.137924
- Latitude
- 40.027058
