Renovated Triplex with Spacious
For Sale
$529,900
715 STRICKERSVILLE RD, Oxford, PA 19363
Multi-Family, OXFORD, PA
Property Size2,175 SF
Lot Size0.99 Acres
Price / SF$243.63
Days on Market31
Property Features for 715 STRICKERSVILLE RD
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Rooms
Basement
Parking features
Off Street, Driveway
Elementary school district
OXFORD AREA
Middle school district
OXFORD AREA
High school district
OXFORD AREA
Standard status
Active
Size
2,175 SF
Lot size
0.99 Acres
Taxes and HOA fees
Tax Annual Amount
3798
Utilities
Heating system
Forced Air
Building Details
Year built
1900
Number of units
3
Building materials
Vinyl Siding
Architectural style
Other
Listing Agency:
RE/MAX Select Group · RE/MAX International
(215) 335-6900
Listed By:
Simran Kaur Dheer · License #RS375495
(302) 513-6849
Added: Aug 10
Changed: Sep 1
Last Checked: Sep 9 at 7:06PM
MLS# PACT2133056
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.
Investment Insights
Based on property information with market context.
This triplex at 715 Strickersville Rd in Oxford, Pennsylvania, contains 2,175 square feet across three residential units. The unit mix includes one three-bedroom, one-bath residence and two two-bedroom, one-bath residences. Renovated interiors include custom kitchen cabinetry, stainless steel appliances, LVP flooring, and updated bathrooms with tile finishes and new fixtures. Generously proportioned bedrooms add functional living space throughout the property.
The property occupies 0.99 acres, providing a substantial open yard surrounding the 1900-built structure. Vinyl siding, forced-air heating, driveway parking, off-street parking, and a basement are also included.
The property occupies 0.99 acres, providing a substantial open yard surrounding the 1900-built structure. Vinyl siding, forced-air heating, driveway parking, off-street parking, and a basement are also included.
Key Highlights
- Three‑unit property with one 3‑bedroom unit and two 2‑bedroom units
- 0.99‑acre lot with expansive open yard
- 2,175 square feet of property size
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,993
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.72%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$499,860
$499.9K
Cap Rate 7%
$357,043
$357.0K
Cap Rate 9%
$277,700
$277.7K
Market Conditions
NOI Build-Up for 2,175 SF
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.
Gross rent
$41.8K $19.20/SF
− Vacancy
−$6.1K −$2.78/SF
EGI
$35.7K $16.42/SF
− OpEx
−$10.7K −$4.92/SF
NOI
$25.0K $11.49/SF
Area
Chester County, PA
Vacancy
14.50%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$499,860
Cap Rate 7%
$357,043
Cap Rate 9%
$277,700
Alternative Uses
Best Use
Multifamily LT 5
$357.0K
$312.4K – $416.6K
NOI $24,993 @ 7.0% cap · market cap 4.72%
Second Best
Apartment 5plus
$336.9K
$294.8K – $393.1K
NOI $23,584 @ 7.0% cap · market cap 4.45%
Theoretical Best
Office A
$659.4K
$577.0K – $769.4K
NOI $46,161 @ 7.0% cap · market cap 8.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
Explore this area
Business Placement
Demographics for 19363, PA
18,104
Population
6,247
Households
2.9
Avg Household Size
39
Median Age
33%
College-Educated
84%
High-School Grad
50.6 sq mi
ZIP Area
358
Density / Sq Mi
$104,318
Median Household Income
$46,755
Median Earnings
$1,217
Median Rent
$341,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three residential units feature updated kitchens, bathrooms, flooring, and comfortable bedroom layouts.
Where is this triplex located?
The property is located at 715 STRICKERSVILLE RD Oxford, PA.
What is the asking price?
The asking price for this property is $529,900.
What are key features of this property?
This property features: Three‑unit property with one 3‑bedroom unit and two 2‑bedroom units; 0.99‑acre lot with expansive open yard; 2,175 square feet of property size
