Two-Unit Duplex with Attached
For Sale
$199,000
4922 N 8TH Street, Philadelphia, PA 19120
Multi-Family, PHILADELPHIA, PA
Property Size1,346 SF
Lot Size0.03 Acres
Price / SF$147.85
Days on Market341
Property Features for 4922 N 8TH Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking
1
Parking features
Garage - Attached
Subdivision
OLNEY
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
1,346 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
2462
Utilities
Heating system
Hot Water(Heating), Other (Heating)
Building Details
Year built
1935
Number of units
2
Building materials
Masonry
Architectural style
Other
Listing Agency:
Eliakim Realty Inc
(267) 626-2398
Listed By:
Nestor F Colon · License #RM422846
(215) 200-1089
Added: Nov 24, 2025
Changed: Oct 25
Last Checked: Oct 31 at 9:06PM
MLS# PAPH2562190
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 masonry duplex contains 1,346 square feet and was built in 1935. The first-floor residence has two bedrooms and one bathroom; the second-floor unit has one bedroom and one bathroom. An attached garage and basement provide additional space. The property is scheduled to transfer vacant, and the source describes it as a legal duplex.
Located in Philadelphia’s Olney neighborhood, the property is near public transportation, shopping, neighborhood amenities, and major commuting routes. The lot measures 0.0322 acres.
Located in Philadelphia’s Olney neighborhood, the property is near public transportation, shopping, neighborhood amenities, and major commuting routes. The lot measures 0.0322 acres.
Key Highlights
- Two residential units: a 2‑bedroom, 1‑bathroom first‑floor unit and a 1‑bedroom, 1‑bathroom second‑floor unit
- 1,346‑square‑foot masonry building constructed in 1935
- Attached garage and basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,581
Cap Rate
7.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$291,620
$291.6K
Cap Rate 7%
$208,300
$208.3K
Cap Rate 9%
$162,011
$162.0K
Market Conditions
NOI Build-Up for 1,346 SF
Gross rent
$22.5K $16.68/SF
− Vacancy
−$1.6K −$1.20/SF
EGI
$20.8K $15.48/SF
− OpEx
−$6.2K −$4.64/SF
NOI
$14.6K $10.83/SF
Area
ZIP 19120
Vacancy
7.22%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$291,620
Cap Rate 7%
$208,300
Cap Rate 9%
$162,011
Alternative Uses
Best Use
Multifamily LT 5
$208.3K
$182.3K – $243.0K
NOI $14,581 @ 7.0% cap · market cap 7.33%
Second Best
Apartment 5plus
$185.3K
$162.1K – $216.2K
NOI $12,969 @ 7.0% cap · market cap 6.52%
Theoretical Best
Office A
$321.5K
$281.3K – $375.1K
NOI $22,507 @ 7.0% cap · market cap 11.31%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,665
Businesses Nearby
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Business Placement
Demographics for 19120, PA
66,177
Population
25,730
Households
2.6
Avg Household Size
35
Median Age
13%
College-Educated
77%
High-School Grad
3.2 sq mi
ZIP Area
20,680
Density / Sq Mi
$51,993
Median Household Income
$32,980
Median Earnings
$1,186
Median Rent
$143,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer a 2-bedroom layout downstairs and a 1-bedroom unit above.
Where is this duplex located?
The property is located at 4922 N 8TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Two residential units: a 2‑bedroom, 1‑bathroom first‑floor unit and a 1‑bedroom, 1‑bathroom second‑floor unit; 1,346‑square‑foot masonry building constructed in 1935; Attached garage and basement
