North Philadelphia Mixed-Use
For Sale
$950,000
2118 W OXFORD Street, Philadelphia, PA 19121
MULTI_FAMILY - Contemporary - PHILADELPHIA, PA
Property Size3,505 SF
Lot Size0.02 Acres
Price / SF$271.04
Days on Market122
Property Features for 2118 W OXFORD Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Rooms
Basement
Parking features
On Street
Interior features
Bathroom - Walk-In Shower, Combination Kitchen/Living, Kitchen - Island, Wood Floors
Appliances
Dishwasher, Dryer, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Stove, Washer
High school
ROBERT VAUX
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
3,505 SF
Lot size
0.02 Acres
Taxes and HOA fees
Tax Annual Amount
55
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
2023
Number of units
3
Building materials
Brick, Copper Plumbing, CPVC/PVC
Architectural style
Contemporary
Listing Agency:
Giraldo Real Estate Group
(215) 745-0101
Listed By:
Alex Gao
(267) 694-8777
Added: Apr 1
Changed: Jun 9
Last Checked: Jul 31 at 9:06PM
MLS# PAPH2597984
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 new construction mixed-use triplex is located in North Philadelphia West. Unit 1 is a ground-floor commercial space that includes a finished basement, oversized windows, neutral flooring, a sprinkler system, and a fire detection system. It also features a private exit door to a fenced backyard with separate street access. The property benefits from a transferable 10-year tax abatement with approximately 7 years remaining as of the date of listing. Buyers are strongly encouraged to independently verify the abatement status and remaining term with the City of Philadelphia prior to settlement. The building generates approximately $58,000 in annual rental income across all units. The property is located minutes from Temple University, SEPTA transit access, parks, and major highways. The lot size is 0.0193 acres and the property size is 3505 square feet.
Key Highlights
- New construction mixed‑use triplex generating approximately $58,000 in annual rental income.
- Transferable 10‑year tax abatement (approximately 7 years remaining).
- Ground‑floor commercial space with finished basement and private backyard access.
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $90.4k | $25.80 |
| − Vacancy | −$5.0k | −$1.42 |
| EGI | $85.4k | $24.38 |
| − OpEx | −$25.6k | −$7.31 |
| NOI | $59.8k | $17.06 |
3,505 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$854.5K
$747.7K – $996.9K
NOI $59,812 @ 7.0% cap · market cap 6.30%
Second Best
Apartment 5plus
$787.6K
$689.2K – $918.9K
NOI $55,132 @ 7.0% cap · market cap 5.80%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Sprinkler system
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,195
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
$250,100
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Philadelphia, PA
Properties on Market for Mixed-use properties in Philadelphia
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - New construction triplex with commercial space and tax abatement.
Where is this mixed-use property located?
The property is located at 2118 W OXFORD Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: New construction mixed‑use triplex generating approximately $58,000 in annual rental income.; Transferable 10‑year tax abatement (approximately 7 years remaining).; Ground‑floor commercial space with finished basement and private backyard access.
