2114 N 8th Street
Philadelphia, PA 19122
- – beds
- – baths
- 2,213 sqft
- 942 sqft lot
- $277 per sqft
- 2024 build
Welcome to 2114 Eighth Street – FULLY LEASED New Construction Duplex in Hot 19122! Incredible investment opportunity in one of Philadelphia’s fastest-growing multifamily submarkets. This brand-new, fully leased duplex features two spacious bi-level units, modern finishes, and strong rental income. Unit 1 offers 3 bedrooms, 2 bathrooms, a private rear yard, and rents for $1,700/month. Unit 2 includes 3 bedrooms, 3 bathrooms, a rear deck off the living room, and a massive skyline roof deck, currently leased for $2,000/month. Annual rental income: $44,400 Pro forma CAP Rate: 7% Each unit features: Open-concept floor plans High ceilings and large windows Wide plank flooring & recessed lighting Shaker-style cabinetry, quartz countertops, subway tile backsplash Stainless steel appliances In-unit washer/dryer Ample closet space Location: Close to Temple University, SEPTA Regional Rail, and major transit routes. A commuter-friendly and high-demand rental area. BONUS: 10-Year Tax Abatement – Low operating costs Perfect for investors, 1031 Exchange buyers, or anyone seeking a low-maintenance, high-return asset.
Last checked:
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Last updated May 2, 2025
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MLS# PAPH2477782 —
The Building
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Year Built:2024
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Year Built Source:Assessor
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New Construction:Yes
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Construction Materials:Other
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Construction Completed:No
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Building Units Total:4
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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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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:2213
Interior
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Interior Features:Floor Plan - Open, Kitchen - Eat-In, Intercom, Kitchen - Island, Primary Bath(s), Recessed Lighting, Skylight(s), Walk-in Closet(s), Bathroom - Walk-In Shower, Breakfast Area
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Room Count:4
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:2213
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Living Area SqFt:2,213 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional, FHA, PHFA
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Possession:Settlement
Location
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Directions:Dimond and 8th
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Latitude:39.98390198
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Longitude:-75.14723206
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:SR
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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:202116001
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Tax Year:2024
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Tax Lot:269
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Tax Annual Amount:$1,315
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Tax Assessed Value:$94,000
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Year Assessed:2025
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School Tax:736.0
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City/Town Tax:578.00
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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:Dishwasher, Disposal, Dryer, Microwave, Intercom, Icemaker, 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
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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Three 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 | $615,000 |