Triplex with Fenced
New
For Sale
$625,000
2819 W OXFORD ST, Philadelphia, PA 19121
Three apartments combine open layouts with in-unit laundry and ductless mini-split systems.
Property Size1,963 SF
Price / SF$318.39
Days on Market2
Property Features for 2819 W OXFORD ST
General Information
Standard status
Active
Size
1,963 SF
Property subtype
Multi-family
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
3
Additional Details
Sprinkler System
Yes
Amenities
in-unit laundry
private fenced patio
Building Details
Buildings
1
Listing Agency:
Houwzer, LLC
Listed By:
Patricia M Gesswein · License #068287
(267) 765-2080
Source:
Davidyungmann.myrealestateplatform
Added: Sep 26
Last Checked: Sep 26 at 3:36PM
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 Houwzer, LLC
Investment Insights
Based on property information with market context.
At 2819 W Oxford Street, this 1,963-square-foot triplex contains two two-bedroom, one-bath apartments and one one-bedroom, one-bath apartment. Interiors feature open layouts, exposed brick, high ceilings, luxury vinyl plank flooring, recessed lighting, and contemporary finishes. Kitchens have oversized islands, upgraded countertops, and stainless steel appliances; each unit also has in-unit laundry and a ductless mini-split system. Renovations include the roof, windows, electrical, plumbing, HVAC systems, and sprinkler system. A fenced patio serves as shared outdoor space.
The property is in Philadelphia’s Brewerytown neighborhood, near Fairmount Park, dining, shopping, and entertainment. Center City, University City, I-76, I-95, and public transportation are accessible from the location.
The property is in Philadelphia’s Brewerytown neighborhood, near Fairmount Park, dining, shopping, and entertainment. Center City, University City, I-76, I-95, and public transportation are accessible from the location.
Key Highlights
- Three units: two 2‑bedroom, 1‑bath apartments and one 1‑bedroom, 1‑bath apartment
- 1,963‑square‑foot building
- In‑unit laundry and ductless mini‑split systems in each apartment
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
$33,498
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
5.36%
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%
$669,960
$670.0K
Cap Rate 7%
$478,543
$478.5K
Cap Rate 9%
$372,200
$372.2K
Market Conditions
NOI Build-Up for 1,963 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
$50.6K $25.80/SF
− Vacancy
−$2.8K −$1.42/SF
EGI
$47.9K $24.38/SF
− OpEx
−$14.4K −$7.31/SF
NOI
$33.5K $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%
$669,960
Cap Rate 7%
$478,543
Cap Rate 9%
$372,200
Alternative Uses
Best Use
Multifamily LT 5
$478.5K
$418.7K – $558.3K
NOI $33,498 @ 7.0% cap · market cap 5.36%
Second Best
Apartment 5plus
$441.1K
$386.0K – $514.6K
NOI $30,877 @ 7.0% cap · market cap 4.94%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Sprinkler system
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Three apartments combine open layouts with in-unit laundry and ductless mini-split systems.
Where is this triplex located?
The property is located at 2819 W OXFORD ST Philadelphia, PA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Three units: two 2‑bedroom, 1‑bath apartments and one 1‑bedroom, 1‑bath apartment; 1,963‑square‑foot building; In‑unit laundry and ductless mini‑split systems in each apartment
