2112 N 8th Street
Philadelphia, PA 19122
- – beds
- – baths
- 1,929 sqft
- 942 sqft lot
- $285 per sqft
- 1915 build
Duplex | 5 Beds | 4.5 Baths | 2 Units | 7.0% CAP Rate | 10-Year Tax Abatement Fantastic investment or owner-occupant opportunity in one of Philadelphia’s hottest multifamily submarkets – 19122! This newer construction duplex offers a strong pro forma 7% CAP rate with flexible floor plans and high-end finishes throughout. Unit 1 (Lower): 3BD / 2.5BA bi-level unit with private rear yard. Projected rent: $2,100/mo Unit 2 (Upper): 2BD / 2BA bi-level unit, leased for $1,800/mo on annual lease. Total Pro Forma Rent: $46,800/year Pro Forma CAP Rate: 7.0% 10-Year Tax Abatement in place. Each unit features open-concept living, wide-plank flooring, recessed lighting, stainless steel appliances, shaker cabinetry, granite countertops, subway tile backsplash, W/D hookups, and large windows for natural light. Located near Temple University, SEPTA Regional Rail, and major transit corridors. Ideal for commuters, students, and professionals alike. Perfect for: Owner-occupants (live in one, rent the other) Investors seeking passive income 1031 Exchange buyers Don’t miss this high-yield, low-maintenance investment opportunity in a rapidly appreciating neighborhood!
Last checked:
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Last updated May 2, 2025
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MLS# PAPH2477776 —
The Building
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Year Built:1915
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Year Built Source:Assessor
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Year Major Reno/Remodel:2023
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New Construction:No
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Construction Materials:Masonry
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Building Units Total:1
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Structure Type:Detached
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Architectural Style:Traditional
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Accessibility Features:None
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Foundation Details:Other
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Basement:Yes
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Basement Type:Fully Finished
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:1929
Interior
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Interior Features:2nd Kitchen, Bathroom - Walk-In Shower, Breakfast Area, Dining Area, Floor Plan - Traditional, Kitchen - Island, Skylight(s), Recessed Lighting
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Flooring Type:Luxury Vinyl Tile
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:1929
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Living Area SqFt:1,929 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:Settlement
Location
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Directions:8th and Diamond
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Latitude:39.98385620
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Longitude:-75.14723969
The Property
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Property Type:Multi-Family
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Property Subtype:Duplex
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Property Condition:Excellent
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Lot Size Units:Square Feet
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Lot Size Acres:0.02
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Lot Size Source:Assessor
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Lot Size Dimensions:17.00 x 57.00
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Lot Dimensions Source:Assessor
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Lot SqFt:942 Sqft
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Zoning:RM1
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:O50
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (215) 422-3711
- Office phone:
- (215) 422-3711
Taxes
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Tax ID Number:202115900
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Tax Year:2024
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Tax Lot:282
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Tax Annual Amount:$3,849
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Tax Assessed Value:$275,000
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Year Assessed:2025
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School Tax:2155.0
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City/Town Tax:1693.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Central
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Appliances
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Appliances:Dryer, Intercom, Oven/Range - Electric, Refrigerator, Washer
Schools
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School District Name:Philadelphia City
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School District Source:Listing Agent
The Community
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Pool:No Pool
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Spa:No
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Association Recreation Fee:No
Parking
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Garage:No
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Type of Parking:None
Extra Units
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Other Units:Unit 1,Unit 2
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Vacation Rental:No
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Two Bedroom Units:2
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/2/25
May 2, 2025
|
Listed / Active | BRIGHT | $550,000 |