Victorian Triplex with Off-Street
231 S OAK AVENUE Clifton Heights, PA 19018
For Sale
$440,000
MULTI_FAMILY - CLIFTON HEIGHTS, PA
Property Size2,950 SF
Price / SF$149.15
Days on Market96
Property Features for 231 S OAK AVENUE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Standard status
- Active
- Size
- 2,950 SF
Building Details
- Year built
- 1900
Listing Agency:
BHHS Fox & Roach Center City-Society Hill
(215) 627-6005
Listed By:
Liz LaPorta
(484) 802-6597
Added: Apr 20
Changed: Jul 23
Last Checked: Jul 24 at 12:06AM
MLS# PADE2113136
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. 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 well-maintained Victorian-style triplex offers three spacious units, each with two bedrooms. The property includes select interior updates and features a wraparound porch, along with ample off-street parking for tenants and guests.
The sale includes an additional parcel measuring approximately 92 x 66, providing added outdoor space. Located in Clifton Heights, the property is described as a short walk to Primos Train Station, offering convenient access to Philadelphia and surrounding areas.
The units are currently fully occupied, providing immediate, consistent rental income.
The sale includes an additional parcel measuring approximately 92 x 66, providing added outdoor space. Located in Clifton Heights, the property is described as a short walk to Primos Train Station, offering convenient access to Philadelphia and surrounding areas.
The units are currently fully occupied, providing immediate, consistent rental income.
Key Highlights
- Victorian‑style triplex built in 1900 with three units, each featuring 2 bedrooms
- All three units are currently fully occupied
- Includes a wraparound porch and classic Victorian character with select interior updates
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 | $53.1k | $18.00 |
| − Vacancy | −$6.9k | −$2.34 |
| EGI | $46.2k | $15.66 |
| − OpEx | −$13.9k | −$4.70 |
| NOI | $32.3k | $10.96 |
2,950 SF · lease $18.00/SF/yr · vacancy 13.01% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$461.9K
$404.2K – $538.9K
NOI $32,334 @ 7.0% cap · market cap 7.35%
Second Best
Apartment 5plus
$422.5K
$369.7K – $492.9K
NOI $29,573 @ 7.0% cap · market cap 6.72%
Theoretical Best
Office A
$894.4K
$782.6K – $1.04M
NOI $62,609 @ 7.0% cap · market cap 14.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Three two-bedroom units are in place with off-street parking, on a lot that includes an additional parcel.
Where is this triplex located?
The property is located at 231 S OAK AVENUE Clifton Heights, PA.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: Victorian‑style triplex built in 1900 with three units, each featuring 2 bedrooms; All three units are currently fully occupied; Includes a wraparound porch and classic Victorian character with select interior updates
