Three-Unit Multifamily
New
For Sale
$350,000
Pending
146 N 4TH STREET, Oxford, PA 19363
Three-unit property with month-to-month occupancy, supplemental garage and parking income, and a storage shed.
Property Size945 SF
Days on Market7
Property Features for 146 N 4TH STREET
General Information
Standard status
Pending
Size
945 SF
Property subtype
Triplex
Occupancy
100%
Additional Details
Multifamily Units
3
Amenities
storage shed
Building Details
Year Built
1957
Listing Agency:
Foraker Realty Co.
(484) 915-6180
Listed By:
Kirstie Marie Detwiler · License #RS363815
(484) 915-6180
Source:
Cummingsrealtors
Added: Aug 25
Changed: Aug 31
Last Checked: Aug 31 at 2:33PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Foraker Realty Co.
Investment Insights
Based on property information with market context.
This 1957 multifamily property includes three residential units across two parcels at 146 and 148 N 4th Street. The 945-square-foot building has two upper units and one lower unit, all currently occupied under month-to-month leases. Utility responsibilities vary by unit, with tenants covering electric, internet, and gas in the upper units while the owner pays water, sewer, and trash. The property also includes a rented garage and paid parking spaces, creating additional income sources.
On-site driveway parking is supplemented by on-street parking, and a storage shed provides additional utility. The property is situated in Oxford Borough near local shopping and dining, with access to major routes.
On-site driveway parking is supplemented by on-street parking, and a storage shed provides additional utility. The property is situated in Oxford Borough near local shopping and dining, with access to major routes.
Key Highlights
- Three residential units, all currently occupied on month‑to‑month leases
- Two parcels included: 146 and 148 N 4th Street
- 945‑square‑foot multifamily property built in 1957
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
$10,859
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
3.10%
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%
$217,180
$217.2K
Cap Rate 7%
$155,129
$155.1K
Cap Rate 9%
$120,656
$120.7K
Market Conditions
NOI Build-Up for 945 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
$18.1K $19.20/SF
− Vacancy
−$2.6K −$2.78/SF
EGI
$15.5K $16.42/SF
− OpEx
−$4.7K −$4.92/SF
NOI
$10.9K $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%
$217,180
Cap Rate 7%
$155,129
Cap Rate 9%
$120,656
Alternative Uses
Best Use
Multifamily LT 5
$155.1K
$135.7K – $181.0K
NOI $10,859 @ 7.0% cap · market cap 3.10%
Second Best
Apartment 5plus
$146.4K
$128.1K – $170.8K
NOI $10,247 @ 7.0% cap · market cap 2.93%
Theoretical Best
Office A
$286.5K
$250.7K – $334.3K
NOI $20,056 @ 7.0% cap · market cap 5.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
494
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-unit property with month-to-month occupancy, supplemental garage and parking income, and a storage shed.
Where is this triplex located?
The property is located at 146 N 4TH STREET Oxford, PA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Three residential units, all currently occupied on month‑to‑month leases; Two parcels included: 146 and 148 N 4th Street; 945‑square‑foot multifamily property built in 1957
