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2139 N 9th Street

Philadelphia, PA 19122

– beds
– baths
2,450 sqft
830 sqft lot
$240 per sqft
2024 build

Seize a lucrative investment opportunity with 2139 N 9th, a newly constructed duplex in the booming 19122 multifamily market. This property is particularly appealing with Unit 2 having been rented out for $2,100 per month, showcasing its strong income potential. This duplex, meticulously designed for modern living, offers a compelling chance for investors to secure high returns and long-term value. The lower unit features a spacious 1250 SF bi-level layout with 3 bedrooms, 3 bathrooms, and a generous rear yard—ideal for attracting quality tenants. The upper unit, which previously rented for $2,100, includes a 1300 SF bi-level design with 3 bedrooms, 3 bathrooms, and an impressive rooftop deck with stunning skyline views. With a projected pro forma annual rent of $50,000, this property delivers a robust cap rate of over 7%. Both units offer modern, flexible floor plans, high ceilings, large windows, and sleek finishes including wide plank flooring, recessed lighting, shaker-style cabinetry, subway tile, quartz countertops, and stainless steel appliances. Located in a high-demand area near Temple University and the Septa Regional Rail, this property is perfectly positioned for strong rental demand. Benefiting from a 10-year tax abatement to keep operating costs low and a 1-year builder warranty for added security, this investment opportunity blends immediate income potential with long-term growth. Act quickly—schedule a viewing and capitalize on this high-yield investment before it's too late!

Listing courtesy of BRIGHT / HomeSmart Realty Advisors

Last checked: Checking… • Last updated Oct 17, 2024 •

MLS# PAPH2393714 —

The Building

Year Built:

2024
Year Built Source:

Estimated
New Construction:

Yes
Construction Completed:

Yes
Construction Materials:

Aluminum Siding, Brick
Structure Type:

Other
Architectural Style:

Contemporary
Building Units Total:

2
Roof:

Fiberglass
Security Features:

Security Gate, Sprinkler System - Indoor
Accessibility Features:

None
Basement:

Yes
Basement Type:

Fully Finished
Total SqFt Source:

Estimated
Total Below Grade SqFt Source:

Estimated

Interior

Interior Features:

Combination Dining/Living, Floor Plan - Open, Sprinkler System
Room Count:

6
Fireplace:

No
Living Area SqFt Source:

Estimated

Room Dimensions

Total SqFt:

2450
Living Area SqFt:

2,450 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Cash, Conventional, FHA
Possession:

Immediate

Location

Directions:

Use GPS
Latitude:

39.98445129
Longitude:

-75.14773560

The Property

Property Subtype:

Duplex
Property Type:

Multi-Family
Property Condition:

Excellent
Lot Size Units:

Square Feet
Lot Size Acres:

0.02
Lot Size Source:

Estimated
Lot SqFt:

830 Sqft
Zoning:

RM1
Other Structures:

Above Grade, Below Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

SR
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

202161101
Tax Year:

2024
Tax Lot:

322
Tax Annual Amount:

$818
Tax Assessed Value:

$58,500
Year Assessed:

2024
School Tax:

458.0
City/Town Tax:

360.00
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

Central A/C
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

90% Forced Air
Heating Fuel:

Electric

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

60+ Gallon Tank
Water Source:

Public

Schools

School District Name:

The School District Of Philadelphia
School District Source:

3rd Party

The Community

Subdivision Name:

Norris Square
Exterior Features:

Roof Deck
Pool:

No Pool

Parking

Garage:

No
Type of Parking:

On Street

Extra Units

Other Units:

Unit 1,Unit 2
Vacation Rental:

No
Three Bedroom Units:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/2/24 Oct 2, 2024	Price Changed	BRIGHT	$590,000	-2.5%
9/5/24 Sep 5, 2024	Listed / Active	BRIGHT	$605,000

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This multifamily located in Lower North, Philadelphia, PA 19122 is currently for sale for $590,000. 2139 N 9th Street is a 2,450 square foot multifamily with – beds and – baths. 2139 N 9th Street is in the Lower North neighborhood of Philadelphia and has a WalkScore® of 59, making it somewhat walkable. This multifamily is in the attendance area of Kensington Creative And Performing Arts High School, Kensington High School, Kensington Health Sciences Academy, and William Mckinley School.

Listing Courtesy of: BRIGHT and HomeSmart Realty Advisors.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.