Four-Unit Multifamily
For Sale
$1,195,000
160500 W Oxford Street, Philadelphia, PA 19121
All residences are leased and include private laundry, central heating and cooling, and keypad entry.
Property Size4,572 SF
Price / SF$261.37
Days on Market10
Property Features for 160500 W Oxford Street
General Information
Standard status
Active
Size
4,572 SF
Property subtype
Multi-family
Occupancy
100%
Lease Term
[]
Financials
Cap Rate
9.01%
Gross Income
$124,860
Site & Location
Neighborhood
West Philadelphia
Units
Unit Mix
1 x 5BR/5BA, 1 x 3BR/3.5BA, 2 x 4BR/4BA
Multifamily Units
4
Additional Details
Tenant in Place
Yes
Amenities
in-unit washer/dryer
keyless entry
security cameras
central heating
central air conditioning
Building Details
Year Built
2019
Buildings
1
Tenancy
Multi
Listing Agency:
Keller Williams Realty Devon-Wayne
Listed By:
Michael Coleman
(484) 942-6266
Source:
Deepcreeklake
Added: Oct 21
Changed: Oct 28
Last Checked: Oct 28 at 9:11AM
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 Keller Williams Realty Devon-Wayne
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Investment Insights
Based on property information with market context.
Built in 2019, this Philadelphia multifamily property contains four apartments totaling 4,572 square feet. The unit mix comprises one five-bedroom apartment, one three-bedroom apartment, and two four-bedroom apartments, with 16 full bathrooms and one half bathroom across the building. Each residence has its own washer and dryer, electric water heater, and dedicated electric HVAC system providing central heating and air conditioning. Coded keypad access serves the main entrance and each apartment; security cameras cover hallways and the exterior.
All four apartments are occupied. The property has a 9.01% cap rate and three years remaining on its tax abatement.
All four apartments are occupied. The property has a 9.01% cap rate and three years remaining on its tax abatement.
Key Highlights
- Four occupied apartments in a 4,572‑square‑foot building
- Unit mix: one 5‑bedroom, one 3‑bedroom, and two 4‑bedroom apartments
- 16 full bathrooms and one half bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,021
Cap Rate
6.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,560,420
$1.6M
Cap Rate 7%
$1,114,586
$1.1M
Cap Rate 9%
$866,900
$866.9K
Market Conditions
NOI Build-Up for 4,572 SF
Gross rent
$118.0K $25.80/SF
− Vacancy
−$6.5K −$1.42/SF
EGI
$111.5K $24.38/SF
− OpEx
−$33.4K −$7.31/SF
NOI
$78.0K $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 Rate 5%
$1,560,420
Cap Rate 7%
$1,114,586
Cap Rate 9%
$866,900
Alternative Uses
Best Use
Multifamily LT 5
$1.11M
$975.3K – $1.30M
NOI $78,021 @ 7.0% cap · market cap 6.53%
Second Best
Apartment 5plus
$1.03M
$898.9K – $1.20M
NOI $71,915 @ 7.0% cap · market cap 6.02%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
809
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
Frequently Asked Questions
What type of property is this?
Quadplex - All residences are leased and include private laundry, central heating and cooling, and keypad entry.
Where is this quadplex located?
The property is located at 160500 W Oxford Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: Four occupied apartments in a 4,572‑square‑foot building; Unit mix: one 5‑bedroom, one 3‑bedroom, and two 4‑bedroom apartments; 16 full bathrooms and one half bathroom
