Fully Rented Triplex with Private
For Sale
$419,900
2831 W OXFORD STREET, Philadelphia, PA 19121
Fully occupied triplex offering varied residential layouts, private outdoor space, and basement access.
Property Size2,073 SF
Days on Market71
Property Features for 2831 W OXFORD STREET
General Information
Standard status
Active
Size
2,073 SF
Property subtype
Triplex
Occupancy
100%
Financials
Asking Price
$419,900
Gross Income
$40,800
Taxes and HOA fees
Annual Taxes
$5,491
Building Details
Building Size
2,073 SF
Year Built
1915
Tenancy
Multi
Listing Agency:
KW Empower
(267) 593-6184
Listed By:
Domenick Parris · License #RS321735
(267) 593-6184
Source:
Lizclarkrealestate
Added: May 26
Changed: Aug 2
Last Checked: Aug 3 at 11:30AM
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 KW Empower
Investment Insights
Based on property information with market context.
This Philadelphia triplex, constructed in 1915, contains three residential units with a two-bedroom, one-bath layout, a one-bedroom, one-bath apartment, and a second two-bedroom, one-bath residence. The largest unit includes a private yard and access to the full basement. The property is fully rented and has been offered as a multifamily asset in Brewerytown.
Located at 2831 W Oxford Street, the property is positioned in Philadelphia’s 19121 ZIP code. Its three-unit configuration provides a mix of two- and one-bedroom residences within a single multifamily building.
Located at 2831 W Oxford Street, the property is positioned in Philadelphia’s 19121 ZIP code. Its three-unit configuration provides a mix of two- and one-bedroom residences within a single multifamily building.
Key Highlights
- Three‑unit triplex in Philadelphia’s Brewerytown
- Unit mix includes two 2‑bedroom, 1‑bath residences and one 1‑bedroom, 1‑bath apartment
- Fully rented property
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 | $53.5k | $25.80 |
| − Vacancy | −$2.9k | −$1.42 |
| EGI | $50.5k | $24.38 |
| − OpEx | −$15.2k | −$7.31 |
| NOI | $35.4k | $17.06 |
2,073 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$505.4K
$442.2K – $589.6K
NOI $35,376 @ 7.0% cap · market cap 8.42%
Second Best
Apartment 5plus
$465.8K
$407.6K – $543.5K
NOI $32,607 @ 7.0% cap · market cap 7.77%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
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
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Fully occupied triplex offering varied residential layouts, private outdoor space, and basement access.
Where is this triplex located?
The property is located at 2831 W OXFORD STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $419,900.
What are key features of this property?
This property features: Three‑unit triplex in Philadelphia’s Brewerytown; Unit mix includes two 2‑bedroom, 1‑bath residences and one 1‑bedroom, 1‑bath apartment; Fully rented property
