Corner Triplex Student
For Sale
$1,140,000
1507 W Oxford Street, Philadelphia, PA 19121
Triplex near Temple University campus with three units totaling fourteen beds in roughly 3,000 SF.
Property Size3,000 SF
Price / SF$380
Days on Market349
Property Features for 1507 W Oxford Street
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Multi-Family
Zoning
RM1
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$3,278
Amenities
Luxury Vinyl Plank,Carpet
Natural Gas
Yes
Estimated
No Pool
Corner
Public
W50
18.00 x 88.00
0.04
No
234200.00
Building Details
Building Size
3,000 SF
Year Built
2016
Tenancy
Multi
Listing Agency:
Hampton Preferred Real Estate Inc
(856) 222-0077
Listed By:
Brittany Moody
(609) 744-6614
Source:
Thetristaterealestategroup
Added: Sep 26, 2025
Changed: Sep 8
Last Checked: Sep 8 at 3:53AM
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 Hampton Preferred Real Estate Inc
Investment Insights
Based on property information with market context.
This stately triplex offers three units totaling fourteen beds, with space cited at roughly 3,000 SF that includes recently constructed areas. The property is described as having overly spacious, bright, functional apartments, and it also features prominent corner presence.
The building is located just off Temple University’s main campus in Philadelphia. The remarks indicate the asset is offered both individually or as part of a broader multifamily package associated with the Temple University Spring Semester Portfolio.
If you’re looking for a single building within that portfolio context, 1507 W Oxford is presented as the triplex with three units and fourteen beds, with recently constructed space included within the stated building size.
The building is located just off Temple University’s main campus in Philadelphia. The remarks indicate the asset is offered both individually or as part of a broader multifamily package associated with the Temple University Spring Semester Portfolio.
If you’re looking for a single building within that portfolio context, 1507 W Oxford is presented as the triplex with three units and fourteen beds, with recently constructed space included within the stated building size.
Key Highlights
- Triplex near Temple University campus with 3 units totaling 14 beds in approximately 3,000 SF
- Year built: 2016
- Corner lot measuring 18.00 x 88.00 with estimated size of 0.04 acres
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
$51,195
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
4.49%
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%
$1,023,900
$1.0M
Cap Rate 7%
$731,357
$731.4K
Cap Rate 9%
$568,833
$568.8K
Market Conditions
NOI Build-Up for 3,000 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
$77.4K $25.80/SF
− Vacancy
−$4.3K −$1.42/SF
EGI
$73.1K $24.38/SF
− OpEx
−$21.9K −$7.31/SF
NOI
$51.2K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /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%
$1,023,900
Cap Rate 7%
$731,357
Cap Rate 9%
$568,833
Alternative Uses
Best Use
Multifamily LT 5
$731.4K
$639.9K – $853.3K
NOI $51,195 @ 7.0% cap · market cap 4.49%
Second Best
Apartment 5plus
$674.1K
$589.9K – $786.5K
NOI $47,189 @ 7.0% cap · market cap 4.14%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,265
Businesses Nearby
Explore this area
Business Placement
Demographics for 19121, PA
41,799
Population
19,673
Households
2.1
Avg Household Size
28
Median Age
25%
College-Educated
84%
High-School Grad
2.4 sq mi
ZIP Area
17,416
Density / Sq Mi
$36,208
Median Household Income
$29,915
Median Earnings
$1,082
Median Rent
$250,100
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 - Triplex near Temple University campus with three units totaling fourteen beds in roughly 3,000 SF.
Where is this triplex located?
The property is located at 1507 W Oxford Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,140,000.
What are key features of this property?
This property features: Triplex near Temple University campus with 3 units totaling 14 beds in approximately 3,000 SF; Year built: 2016; Corner lot measuring 18.00 x 88.00 with estimated size of 0.04 acres
