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Fully Rented Triplex with Private Yard

2831 W OXFORD STREET, Philadelphia, PA 19121

For Sale
$379,900

Fully occupied triplex offering varied residential layouts, private outdoor space, and basement access.

Property Size2,073 SF
Days on Market169

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

Site & Location

Neighborhood North Philadelphia

Taxes and HOA fees

Annual Taxes $5,491

Building Details

Building Size 2,073 SF
Year Built 1915
Tenancy Multi
Listing Agency: KW Empower
Listed By: Domenick Parris · License PA RS321735
Source: Lizclarkrealestate
Added: May 26 Changed: Nov 8 Last Checked: Nov 10 at 6:22PM

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

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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.

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

Estimated NOI and Cap Rate

NOI / Yr
$32,607
Cap Rate
8.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$652,140 $652.1K
Cap Rate 7%
$465,814 $465.8K
Cap Rate 9%
$362,300 $362.3K
Market Conditions
NOI Build-Up for 2,073 SF
Gross rent
$62.9K $30.36/SF
− Vacancy
−$3.7K −$1.76/SF
EGI
$59.3K $28.60/SF
− OpEx
−$26.7K −$12.87/SF
NOI
$32.6K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$652,140
Cap Rate 7%
$465,814
Cap Rate 9%
$362,300

Alternative Uses

Best Use
Multifamily LT 5
$505.4K
$442.2K – $589.6K (±1% cap)
NOI $35,376 @ 7.0% cap · market cap 9.31%
Second Best
Apartment 5plus
$465.8K
$407.6K – $543.5K (±1% cap)
NOI $32,607 @ 7.0% cap · market cap 8.58%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,195
Businesses Nearby

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

Average Price Trend$/SF for Triplexes in Philadelphia, PA

$205 Jul
$208 Aug
$205 Sep
$213 Oct

Properties on Market for Triplexes in Philadelphia

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

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 $379,900.
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
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